What are the responsibilities and job description for the Replenishment Buyer position at LULUS FASHION LOUNGE LLC?
Job Details
Description
Join the LuCrew!
Lulus Vision
At Lulus, our team is committed to offering the best possible service to our customers throughout the world. Our fun and casual work environment focus on innovation and teamwork at all levels of the organization. We are always on the lookout for talented and dedicated people to join the Lulus team as we continue to build our community!
Our Commitment
Lulus is proud to be an equal-opportunity employer and strives to create an organizational climate that fosters belonging, dignity, and justice so that all of our team members can show up as their authentic selves and thrive. We are committed to increasing the representation of marginalized people across our team through hiring practices that value lived experience and unique perspectives. Our work environment embraces creative expression, collaboration, and connection without the expectation of assimilation.
The Replenishment Buyer role is an integral part of the buying team and is responsible for supporting revenue volume through reorders. The ideal control buyer is motivated, results-oriented, and committed to the success of reorder SKUs driven by analysis of the stock-to-sales ratio, seasonal trends, and onsite merchandising.
What You'll Do
- Analyze, anticipate and monitor inventory levels for assigned departments
- Forecast company inventory levels to determine products to reorder
- Drive revenue, receipt plans, and seasonal inventory strategies for key items
- Partner with test buyers, merchandising, production, and planners on open-to-buy management to achieve financial goals and strategic objectives
- Partner with test buyers to develop product plans to support seasonal department merchandise strategies based on customers' expectations and fashion trends
- Manage inventory levels, ensuring effective decision-making around analysis, markdowns, orders, etc.
- Establish and maintain relationships with vendors
- Own daily onsite merchandising of assigned departments
- Ad hoc projects as needed
What You'll Need
- Bachelors degree required
- At least 2 years of retail buying experience; core/basic buying within the fast fashion sector a plus
- Excellent communication; written, oral, and group facilitation
- Demonstrate cooperative behavior with colleagues, supervisors, and managers at all times
- Work well under pressure. Meet multiple, and sometimes competing deadlines
- Ability to build and maintain positive relationships both internally and externally
- Ability to apply logical thinking and sound judgment to a wide range of practical problems
- Strong retail math skills are critical
- Strong excel skills required (including formulas such as sumifs, vlookups, etc., and pivot tables)
- Must be able to work independently
- Solid understanding of the Lulus brand
- Solid understanding of current trends within the fast fashion space
What You'll Love About Us
- Great Company Culture - Where you can be your true authentic self!
- Profit-Sharing Bonus Plan for applicable roles
- Medical, Dental, and Vision benefits
- Voluntary Life & AD&D Insurance, Critical Illness, Short Term Disability
- Prepare for the future - 401(k) Safe Harbor Plan - 4% company matching
- Employee Stock Purchase Plan (ESPP)
- Restricted Stock Units for applicable roles
- Wardrobe Perks - 30% employee discount!
- Recognition of employee birthdays and work anniversaries!
- Work that stays at work - Genuine work/life balance
- Rest and Relaxation - Generous Paid Time Off, Paid Sick Time, Mental Health Days, and Paid Company Holidays
- Paid Parental Leave
We're ready to meet you! Come help us achieve our ambitious goals!
At Lulus, we believe our people are our greatest asset and we seek to structure competitive compensation offers to ensure that we are able to attract and retain the best talent. Our job postings include an annual base salary range for the role. The stated base salary range represents our good faith estimate as to what candidates are likely to expect, and we tailor our offers within the range based on several factors, including the selected candidate's educational and professional experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the selection process. Base salary is part of a total compensation package, which, depending on the position, may also include an annual bonus and other benefit programs.
Qualifications
Salary : $70,000 - $80,000
