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Buyer

Company: Northern Tool & Equipment - Glassdoor 3.8 ?
Location: Burnsville
Posted on: October 2, 2021

Job Description:

PRIMARY OBJECTIVE OF POSITION:

To execute strategy while growing market share, drive new business and product opportunities, and improve merchandising productivity. The Buyer is responsible for all aspects of daily business within their assigned category(s). This role will have financial accountability, including Profit & Loss (P&L) and buying responsibilities for assigned products. The Buyer will manage their assigned category(s) within the direction of the Divisional Merchandise Manager with end-to-end ownership of the performance.   


MAJOR AREAS OF ACCOUNTABILITY:

1. Owns P&L performance for assigned category(s) with buying responsibility. 

2. Executes direction and strategy for assigned category(s) and product assortments that meets strategic performance objectives.

3. Researches, understands, and identifies customer, competitive, and industry trends and opportunities to drive the company’s Merchandising and Marketing strategies.

4. Creates and manages customer-centric, solution-based assortments in assigned category(s) that align with the vison and strategy through an omni-channel lens.

5. Translates strategy into actionable tactics that execute and meet or exceed financial objectives including sales, gross margin, and inventory turn.

6. Drives the Product Line Review strategy with clear deliverables, objectives and outcome-based goals.

7. Maintains effective relationships with vendors while negotiating and providing feedback and acquiring new relationships that align to business strategies.

8. Maintains industry expertise to stay current on new trends and business opportunities to optimize product category success.

9. Works with pricing department to establish prices for all assigned items to assure a competitive position in the marketplace, while maintaining acceptable gross margin percentages for the subclass. Has responsibility for final decision on prices.

10. Manages product packaging, quality, and graphic materials to ensure they comply with company standards.

11. Provides regular written communication and updates to Manager/Director to ensure effective communication regarding important decisions.

12. Keeps supervisor informed of important developments, potential problems and related information necessary for effective management.  Coordinates and communicates plans and activities with others to ensure a coordinated work effort and team approach.

13. Performs related work as apparent or assigned.


QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree or equivalent in a merchandising-related field.
• At least 2 years of related purchasing/product development experience.
• Knowledge of hard-line tools and equipment preferred.
• Thorough knowledge of Company’s product lines and customer requirements.
• Through knowledge of other departments and functions as they relate to merchandising.
• Strong organizational and communication skills required.
• Ability to keep multiple projects on schedule simultaneously.
• Ability to work accurately with numbers and details.
• Computer knowledge and skills required, including Microsoft Excel and Word.
• Ability to communicate effectively, both orally and in writing, with a wide variety of Company and vendor personnel.
• Ability to travel up to 10 working days per month.
• Demonstrates Northern Tool + Equipment’s 12 Core Competencies.

Keywords: Northern Tool & Equipment - Glassdoor 3.8 ?, Burnsville , Buyer, Other , Burnsville, Minnesota

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