Signet Jewelers
POSITION SUMMARY
The responsibility of the buyer is to develop merchandise assortments and strategies to drive profitable category sales and productivity, while ensuring product value, quality and styling. The buyer holds a leadership role within the category management team (CMT). Working within the CMT, the buyer is responsible for all aspects of assortment planning, selection, maintenance and promotion for designated product categories.
MAJOR RESPONSIBILITIES/ESSENTIAL FUNCTIONS Category Management
Partner with Leader to set strategic vision for Category
Ability to adjust quickly, if needed, to changing market trends, conditions, priorities, and corporate strategies.
Analyze and react to Business on a weekly basis
Participate in the development of financial plans and advertising/marketing plans for designated product categories.
Assist in all business reviews for all designated product categories to Leadership.
Oversee training and career development for Direct Reports / Team
Product Development
Develop, select, test, price and acquire quality merchandise consistent with consumer demand, and in keeping with strategic department goals and policies.
Up-to‑date knowledge of jewelry market trends and competitive strategies.
Develop new product concepts/brands for test market(s), with potential for expanded store roll out.
Manage Lifecycle Management process from idea inception through Clearance and end of life.
Strategic handling of vendor base with ability to find and develop strong vendor partners.
Assortment / Inventory Management
Understanding of Product cost structure
Co‑Manage and plan merchandising assortments for e‑commerce/web sites.
Work with Inventory Analyst to ensure proper in‑stock levels
Manage negotiations relating to the return of discontinued product(s) to appropriate supplier
Negotiate annual purchasing agreement contracts with vendors.
Collaboration
Coordinate efforts with the marketing, visual display and advertising departments to promote and market key items, programs/brands and categories.
Merchandise all marketing channel items for designated product categories. Present and justify all catalog/promotional items to merchandise directors and vice presidents.
Partner with Sourcing on factory selection and cost negotiation.
Partner with Financial Planning team on open‑to‑buy for assigned product categories.
When applicable; work directly with Signet’s accounting department to ensure credits/aging are applied correctly.
Assist CMT with issues on vendor performance, including late orders and quality control issues.
Proofing of all advertising materials to ensure accuracy including catalogs, emails, web site, customer mailings, and in-store signage.
Work with Visual Merchandising team on in‑store presentations (planograms).
Cross‑functional work with Store Op, VM, DC team and Planning on various projects including test, expansions, recalls.
POSITION QUALIFICATIONS Education Required:
Bachelor’s degree or equivalent experience
Required or Acceptable Job‑Related Experience:
Prior Buying Experience
Years of Job‑Related Experience:
Required: 3‑5
Technical/Other Skills Required
Ability to travel both nationally and internationally
Occasional weekend travel as needed
Ability to be flexible with work schedule, including occasional Saturdays, as needed
Computer skills with basic knowledge of Microsoft Office
Strong communication skills
Strong negotiation skills, attention to detail and accuracy, and organizational skills
Strong math skills (ability to work with numbers and analyze data)
Ability to be metal free and work in a metal free environment, when necessary, based on security policy
Ability to work in a fast‑paced environment
Ability to work independently as well as a team
Ability to demonstrate leadership skills
BENEFITS & PERKS We believe in rewarding top talent with a comprehensive and competitive benefits package designed to support your well‑being, professional growth, and work‑life balance:
Premium Healthcare Coverage
– Comprehensive medical, dental, and vision plans to keep you and your family covered.
401(k) with Company Match
– Invest in your future with a generous retirement savings plan, including company matching after just one year.
Generous Time Off
– Recharge with a robust PTO package, plus company holidays.
Diversity, Equity & Inclusion Programs
– Be part of a culture that celebrates diverse perspectives and fosters belonging.
Career Growth & Development
– Opportunities for leadership development, mentorship, and continuous learning.
Exclusive Perks
– Enjoy additional benefits, wellness programs, employee discounts, and more.
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MAJOR RESPONSIBILITIES/ESSENTIAL FUNCTIONS Category Management
Partner with Leader to set strategic vision for Category
Ability to adjust quickly, if needed, to changing market trends, conditions, priorities, and corporate strategies.
Analyze and react to Business on a weekly basis
Participate in the development of financial plans and advertising/marketing plans for designated product categories.
Assist in all business reviews for all designated product categories to Leadership.
Oversee training and career development for Direct Reports / Team
Product Development
Develop, select, test, price and acquire quality merchandise consistent with consumer demand, and in keeping with strategic department goals and policies.
Up-to‑date knowledge of jewelry market trends and competitive strategies.
Develop new product concepts/brands for test market(s), with potential for expanded store roll out.
Manage Lifecycle Management process from idea inception through Clearance and end of life.
Strategic handling of vendor base with ability to find and develop strong vendor partners.
Assortment / Inventory Management
Understanding of Product cost structure
Co‑Manage and plan merchandising assortments for e‑commerce/web sites.
Work with Inventory Analyst to ensure proper in‑stock levels
Manage negotiations relating to the return of discontinued product(s) to appropriate supplier
Negotiate annual purchasing agreement contracts with vendors.
Collaboration
Coordinate efforts with the marketing, visual display and advertising departments to promote and market key items, programs/brands and categories.
Merchandise all marketing channel items for designated product categories. Present and justify all catalog/promotional items to merchandise directors and vice presidents.
Partner with Sourcing on factory selection and cost negotiation.
Partner with Financial Planning team on open‑to‑buy for assigned product categories.
When applicable; work directly with Signet’s accounting department to ensure credits/aging are applied correctly.
Assist CMT with issues on vendor performance, including late orders and quality control issues.
Proofing of all advertising materials to ensure accuracy including catalogs, emails, web site, customer mailings, and in-store signage.
Work with Visual Merchandising team on in‑store presentations (planograms).
Cross‑functional work with Store Op, VM, DC team and Planning on various projects including test, expansions, recalls.
POSITION QUALIFICATIONS Education Required:
Bachelor’s degree or equivalent experience
Required or Acceptable Job‑Related Experience:
Prior Buying Experience
Years of Job‑Related Experience:
Required: 3‑5
Technical/Other Skills Required
Ability to travel both nationally and internationally
Occasional weekend travel as needed
Ability to be flexible with work schedule, including occasional Saturdays, as needed
Computer skills with basic knowledge of Microsoft Office
Strong communication skills
Strong negotiation skills, attention to detail and accuracy, and organizational skills
Strong math skills (ability to work with numbers and analyze data)
Ability to be metal free and work in a metal free environment, when necessary, based on security policy
Ability to work in a fast‑paced environment
Ability to work independently as well as a team
Ability to demonstrate leadership skills
BENEFITS & PERKS We believe in rewarding top talent with a comprehensive and competitive benefits package designed to support your well‑being, professional growth, and work‑life balance:
Premium Healthcare Coverage
– Comprehensive medical, dental, and vision plans to keep you and your family covered.
401(k) with Company Match
– Invest in your future with a generous retirement savings plan, including company matching after just one year.
Generous Time Off
– Recharge with a robust PTO package, plus company holidays.
Diversity, Equity & Inclusion Programs
– Be part of a culture that celebrates diverse perspectives and fosters belonging.
Career Growth & Development
– Opportunities for leadership development, mentorship, and continuous learning.
Exclusive Perks
– Enjoy additional benefits, wellness programs, employee discounts, and more.
#J-18808-Ljbffr