Employment Spot

Job Description

A Proud Tradition
From the moment we opened our doors on September 15, 1924, Saks Fifth Avenue has been more than a world renowned shopping emporium, more than an international fashion authority: it has been a cultural phenomenon. We are an icon of the New York City landscape that remains equally present in the hearts and minds of people all over the world. We love to help people look good and feel great! Our purpose reaches way back to the very essence of our brand: to set the standard for the most exceptional and fulfilling retail experience.

Ambassadors of Style
At Saks Fifth Avenue, a gentle manner, careful consideration of others and an ability to assess customers� needs are an absolute necessity. Our Associates bridge the gap between strangers by approaching every customer as a potential friend. To be chosen to work at Saks is to be given an important responsibility: The fulfillment of our customers� dreams. In an ever-evolving world, that is our unchanging promise.

What Sets Us Apart?
Our high-performance Associates' skill, enthusiasm and commitment to making people look good and feel great.

ABOUT US

A Proud Tradition
From the moment we opened our doors on September 15, 1924, Saks Fifth Avenue has been more than a world renowned shopping emporium, more than an international fashion authority: it has been a cultural phenomenon. We are an icon of the New York City landscape that remains equally present in the hearts and minds of people all over the world. We love to help people look good and feel great! Our purpose reaches way back to the very essence of our brand: to set the standard for the most exceptional and fulfilling retail experience.

Ambassadors of Style
At Saks Fifth Avenue, a gentle manner, careful consideration of others and an ability to assess customers� needs are an absolute necessity. Our Associates bridge the gap between strangers by approaching every customer as a potential friend. To be chosen to work at Saks is to be given an important responsibility: The fulfillment of our customers� dreams. In an ever-evolving world, that is our unchanging promise.

What Sets Us Apart?
Our high-performance Associates' skill, enthusiasm and commitment to making people look good and feel great.

Merchandising � As Buyer of Men's Sportswear and Clothing incumbent must have an exceptional eye for current and future trends. Experience in a vertical retail operation a plus. Executes vendor selection by working with core vendors and is given full creativity to develop partnerships with new vendors. Monitors industry trends, evaluates competition, and attends major markets. Executes the merchandise strategy, including product selection and product and key item development. Conducts line reviews / style outs for management and staff. Ensures that new items are set up properly in the item database. Ensures the dissemination of product knowledge to store associates. Supervises the Best / Worst Seller Review. Critiques sales unit performance analysis for opportunities. Coordinates and conducts the Merchandise Hindsight. Coordinates store visits as feasible. Supplies information and assists in floor space strategies and opportunities. Develops strategies for future business opportunities.

Purchasing, Allocation, and Replenishment � Assists in analyzing class performance, planned class penetration, and average retail by class. Manages the timely placement and maintenance of purchase orders. Ensures assortment planning best practices and allocation strategies. Executes and develops departmental strategies to achieve global replenishment targets. Prepares information to support micro-merchandising strategies, and reviews with team. Provides information for, reviews, and approves the assortment matrix and buy plan. Evaluates and certifies case pack and order flow recommendations. Reviews and approves store volume groups, allocation tables, and size grids. Manages returns to vendors as negotiated and necessary. Reviews identified distribution and vendor logistics opportunities. Establishes replenishment strategies and reserves appropriate funding. Identifies candidate items for replenishment. Promotes and critiques replenishment assortment, financial plans and open to buy. Communicates with vendors with regard to replenishment fill rates.

Financial Planning � Manages the development of the vendor matrix. Approves departmental sales and average stock targets. Executes the flow of the departmental topside plans by month. Participates in the review of and approves departmental topside financial plans. Participates in ensuring adherence to the company�s planning calendar. Furnishes information for and participates in the financial Business Review.

Open-to-Buy Monitoring � Executes the development and maintenance of the PO checkbook. Manages the markdown projection process and the projection of vendor allowance. Manages the negotiation and collection of vendor allowance. Develops and executes aged inventory exit strategies. Manages the bi-monthly forecasting of sales and inventories through the OTB review process. Evaluates vendor to store receipt flows, and actual to planned receipts. Executes the monthly stock ledger review, and directs the purchase journal review process. Manages the monitoring of inventory productivity, and analysis of vendor profitability.

Pricing and Marketing � Establishes and approves pricing strategy. Evaluates target markup analysis and guidelines and applies appropriately to buying decisions. Recommends and approves item price changes, and ensures that prices changes are input in a timely manner. Evaluates financial impact of price changes. Reviews and provides information for the timely response to store visit notes. Manages ad in-stock on promotional items, and ensures the communication of in-stock issues to stores. Oversees appropriate product ticketing. Supports visual team in providing store presentation guidance.

People Development � Manages organization and staffing, as well as skills training and development. Coordinates and prioritizes the team�s activities, and develops and fosters a teamwork atmosphere. Executes and participates in the formal performance review, PDP, and Quarterly Review processes as directed. Participates in fostering job satisfaction and positive morale.

Job Requirements

Please refer to the Job Description for the qualifications.