Senior Buyer - Beauty Beverly Hills, CA
Company: Tbwa Chiat/Day Inc
Location: Beverly Hills
Posted on: November 1, 2024
Job Description:
Fashion Nova is the world's leading trend-to-market fashion and
lifestyle brand with high-growth categories across its Women, Men,
Kids and Beauty divisions. Renowned for delivering the most-wanted
styles to millions worldwide,Fashion Nova earned the title of the
Top 5 Most-Searched Fashion Brand on Google in 2022, alongside
Louis Vuitton and Nike.Founder & CEO Richard Saghian launched the
brand in 2006, from a retail location in Los Angeles. After
multiple store openings, Saghian launched the e-commerce website
forFashion Nova in 2013, pioneering a disruptive social commerce
model of affordable, on-trend, size-inclusive clothing online -
powered by an innovative, social media-first marketing
strategy.Today, Fashion Nova has amassed over 40 million social
media followers, with annual sales of approximately $2 billion!The
brand's name has been featured in chart-topping hit songs by Cardi
B, Drake, 21 Savage, Saweetie, The Game, Tyga and Offset and its
styles have been worn by many celebrities, artists and athletes
including Meg The Stallion, Ice Spice, Chris Brown, Floyd
Mayweather, Rick Ross, Kourtney Kardashian, and Kylie Jenner.ROLE
OVERVIEW Reporting to the Chief Merchandising Officer, you as the
Senior Buyer, Beauty will lead buying activities across a range of
beauty categories, products, and brand, and will oversee sourcing,
buying, replenishing, and all vendor relationships across the
Beauty category.To be successful in this role, you must be able to
keep pace in a highly fluid, ever-changing, collaborative
workplace. You must also have excellent communication skills in
order to engage the attention of our experienced leadership team
and influence-respond to complexities with a high level of
technical acumen.RESPONSIBILITIES
- Work closely with senior management and cross-functional
divisions to ensure all are aligned on business strategies, short
and long-term growth objectives
- Directly responsible for key category metrics (KPIs) for the
following: new and existing brands, new products, pricing, margin,
promotions, and product life cycle
- Negotiate with vendors to secure exceptional everyday pricing,
promotional dollars, special opportunity buys, rebates, growth
incentives, delivery, and payment terms
- Administer and manage RFQ packages, execution of contracts,
product evaluation, quality issues; create and maintain supplier,
product database
- Drive new product-brand onboarding process to ensure timely and
quick to site-market
- Build, edit and maintain assortment to create market advantage
while reflecting customer needs-requests and adhering to the
Company model
- Manage and develop strong vendor relations through regular and
consistent communication to ensure a clear understanding of
short-long-term goals and capabilities
- Coordinate with Planning Team and Replenishment Buyers in
managing inventory turns, service level, order cycles, deal
implementation and general supply chain practices
- Create, review and utilize reports to enable in-depth analysis
of category successes/challenges
- Develop promotional co-op activities that are profitable and
highly effective in conjunction with Marketing
- Implement Beauty planograms by working with vendors to
determine assortment, secure samples, assessing SKU/Brands
productivity, gathering SKU setup, maintaining add/delete lists,
and managing fixtures with vendorsROLE REQUIREMENTS
- 7+ years of experience in buying for Beauty, preferably with an
eCommerce brand
- Proven relationships with direct vendors and merchants
- Experience working with third-party brands
- A strong pulse on the Beauty industry and competitors
- Ability to drive growth in an entrepreneurial environment
- Advanced experience with Excel and Google Sheets
- Experience with MPI (MARKET PRICE INDEX)
- Bachelor's Degree
- English, additional language(s) an advantage
- Schedule of this position: Monday - Friday - Core business
hours - OnsiteBENEFITS
- Formalized career paths for continued professional growth
- Flexible Paid Time Off (PTO)
- Comprehensive health insurance across Medical,Dental and
Vision
- 401k match, with immediate vesting upon eligibility
- Weekly catered lunches & fully-stock kitchen pantry!
- Opportunities to travel for trade shows and vendor
meetings
- Summer Fridays Early Departure
- Team bonding events and programs
- Attractive employee discounts!Fashion Nova, LLC, and
subsidiaries thereof, is an Equal Opportunity Employer.We are
steadfast in our commitment to equal employment opportunities and
pledge that these objectives are reflected in all aspects of our
daily operations.We will continue to recruit, hire, train, and
advance in employment qualified individuals in all job titles
without regard to race, color, national origin, gender, sexual
orientation, gender identity, religion, age, status as a protected
veteran, criminal history, or status as an individual with a
disability; and shall not discriminate against any individual, any
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Keywords: Tbwa Chiat/Day Inc, Los Angeles , Senior Buyer - Beauty Beverly Hills, CA, Hospitality & Tourism , Beverly Hills, California
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