Buyer Coordinator
Waterford, CT
Full Time
Product Management
Entry Level
Position Summary:
Responsible for the optimization of buying decisions, using data to maximize sales and margin, and minimize inventory risk, for product lines under your responsibility. Also responsible for assisting Category Managers with the life cycle management of products.
Key Responsibilities:
Qualifications:
Responsible for the optimization of buying decisions, using data to maximize sales and margin, and minimize inventory risk, for product lines under your responsibility. Also responsible for assisting Category Managers with the life cycle management of products.
- Analyze sales performance, inventory levels, and supplier metrics using various tools and Excel functions to support data-driven buying decisions.
- Create and manage purchase orders in alignment with forecasted demand, sales patterns, and promotional calendars. Follow-up with vendors on order status, lead times, backorders, and delivery schedules.
- Support product transitions (new/discontinued SKUs) through timely purchasing and clear handoff to the appropriate team(s).
- Collaborate with Category Managers to align purchase timing with product life cycles and business goals.
- Assist Category Managers with tracking and managing required vendor forms & files such as vendor programs, price files, MAP/MRP policies, co-op policies.
- Assist Category Managers and Merchandisers with product research and web content.
- Support the team with ad hoc projects as assigned.
- Bachelor’s degree or equivalent work experience
- 1-2 years of experience in a business analyst, merchandising analyst, or purchasing/buying support role (preferably in eCommerce or retail).
- Basic business math required, must have the ability to interpret data trends and translate findings into actionable buying decisions.
- Proficiency in Excel (including PivotTables, VLOOKUP/XLOOKUP, nested IFs).
- Working knowledge of SQL for querying and analyzing relational databases a plus.
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