Assistant Buyer - Home
Company Background:
Gilt Groupe provides invitation-only access to high-end fashion and luxury brands at highly discounted prices. The company currently works with a roster of nearly 400 up-and-coming and established brands in the women's, men's, children's, beauty, and home fashion categories.
Gilt Groupe was founded by an experienced team with proven track records at successful luxury fashion companies. Gilt Groupe is a fully funded company and is currently based in the vibrant Chelsea neighborhood in New York City.
Job Description:
Gilt Groupe is seeking an experienced Assistant Buyer for Home who has the technical and practical knowledge of the buying process in the Home category. The ideal candidate will have experience from a discount or ecommerce retailer, be a proven self-starter who has an eye for trends, have a passion for Home goods and a “can do” approach.
The buyer will collaborate with various internal teams and external vendors to create the product selection that sets Gilt Groupe apart from competition. The buying team will develop business strategies that drive sales through the assortment of products selected, pricing, promotion and ROI.
Responsibilities:
• Support the Home merchandising team in the product selection that sets Gilt Groupe apart from competition
• Establish and maintain vendor relationships and attend buying trips on a weekly basis
• Assist in negotiating buying terms with vendors (price, quantity, delivery terms, and markdown $)
• Create the Purchase Order (PO) for each buy or consignment deal with a vendor (retail, wholesale, Gilt cost and Gilt retail prices needed)
• Manage the Purchase Order (PO) process between Gilt Groupe and the respective vendor
• Describe merchandise to be sold eloquently and effectively well in advance of a sale
• Deliver creative assets from the brand to Gilt Groupe’s Creative Team in a timely manner (images, press kits, reel assets, samples for photo shoots when possible)
• Present new brand recommendations regularly to the Home Merchandising Team
• Keep abreast of industry trends and new product ideas by reading Home magazines and visiting stores
• Attend to brand needs with respect to Gilt Groupe’s website
Requirements:
• 1-3 years’ buying experience
• Self-starter, ambitious in nature
• Love of Home product
• Strong understanding of merchandising financials, retail math and the ability to manage profitability
• Successful experience in buying in multi-brand, multi-vendor environment
• Experience in Home categories strongly preferred
• Knowledge of Open-to-Buy process
• Strong product sensibility
• Ability to analyze reports, draw conclusions and make recommendations
• Ability to remain flexible and willing to change strategies, as business needs dictate
• Ability to lead team effectively and create an exciting workplace
• Discount retail experience strongly preferred
If interested, please send your resume to careers@gilt.com