Career Opportunity
Buyer 12 Month FTC
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Company Description
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Position Overview
This is an exciting opportunity for an experienced Buyer to join and contribute to a high-performing Menswear team. The Buyer role is a key member of the Buying team from the assortment strategy and product selection to the investment build and OTB management, the candidate will be expected to balance magic and logic, product, and numbers to optimise brand elevation and deliver commercial awareness both in store and online.
Essential Duties & Responsibilities
Assortment Strategy and Product Selection
· Synthesise, evaluate, and summarize performance analysis on a monthly and seasonal basis.
· Utilise learnings to formulate product strategies that are in line with brand direction, financial plans, departmental expectations, and overarching company goals.
· Devise an assortment selection that will deliver such strategies, optimise brand elevation, and secure commercial success.
· Work with counterpart and department lead, to ensure respective areas work within the wider context of the total Menswear department.
· Demonstrate a holistic view and assist in the concept and distribution strategy for the total Menswear department.
· Liaise regularly with key stakeholders across the business to ensure the go-to-market strategies are executed as intended.
Investment Build and OTB management
· Work closely with Planning counterparts to balance the OTB and Revenue KPIs, ensuring the financial framework for respective categories is optimised yet achievable.
· Project unit requirements that will deliver the financial framework and balance such KPI’s (intake margin, buy cost/units, AIR, gross margin, sales revenue/units, AUR, sell-through).
· Trade respective categories on a weekly basis; Identify areas of risk and opportunity, and drive decisions that will optimise success and re-balance inventory levels where needed.
Team Input
· Coach and nurture direct report and junior members, who will support in the admin and product selection for the respective categories.
· Work closely within own team, and across the wider Menswear teams to maintain a strong omni-channel, omni-region proposition to the end consumer.
· Collaborate and build strong working relationships with key stakeholders across the business, to ensure goals are clear, supported and executed as planned.
Experience, Skills & Knowledge
· Strong numeric and analytical skills, with the ability to synthesize data and identify actions and commercial opportunities accordingly.
· Product focused, with the ability to demonstrate commercial, trend, competitor, and brand awareness.
· Highly organized, with the ability to prioritize workload for self and others.
· Articulate, with the ability to communicate well in both verbal and non-verbal communication forms.
· Resilient, with the ability to see challenge as opportunity, think with a solution-based mindset, yet raise concerns in a confident manner.
· Champion of diversity and psychological safety, with the ability to recognize the value of different perspectives and cultures.
· Proficient in Microsoft packages including Outlook, Excel, Word, and PowerPoint.
