Toys'R'Us, Inc. Assistant Buyer in WAYNE, New Jersey
The Assistant Buyer reports to the Buyer and assists the buying unit in the execution of the merchandising strategy & initiatives in the assigned categories.
Core Strategy * Assist buyer in executing online and store merchandising strategy by managing tasks and processes needed to run their business. * Develop an omni-channel understanding of TRU customer’s needs, as well as the market and our competitors. * Proactively share timely updates and communicate information clearly, concisely and professionally * Independently build vendor relationships through attendance in vendor meetings, problem solving, follow up and special projects. * Partner with several cross-functional teams to flawlessly execute the buyer’s business strategies. (RTVs, Price change, quality assurance, visual, store ops, and logistics)
Merchandising * Attend vendor meetings and trade shows as necessary, helping to prepare reports pre-line review. * Assist buyer in developing and maintaining planograms in Concept Lab for resets & refreshes and feature shops, updating as necessary. This includes ordering, collecting and maintaining samples, as well as assisting with price and visual signage. * Coordinate with visual and store planning teams to execute merchant vision of in-store presentation. This includes assisting with the development of in-store signage, displays, and fixtures and planogram review. * Support the development of training materials for field employees, including product knowledge and vendor in store training. * Partner & coordinate with digital site merchant team on merchant vision including presell, and videos. * Manage new vendor setup process.
Financial * Ensure accurate and timely communication of sales reports related to weekly item sales, advertising performance, vendor profitability, and Dotcom. * Assist in developing and analyzing ad-hoc reporting as necessary. * Assist Associate Buyer with vendor profitability reporting. * Prepare, submit and organize records of credit allowances on a timely basis. * Maintain credit allowance tracker with projections and actuals for advertised events, unadvertised events, marketing, master deals, & visuals * Run redemptions after deals have ended promptly, write CA for vendor covered deals, & follow up on approval process
Marketing and Promotions * Assist buyer in developing print and digital advertising strategy. * Review advertising submission schedule and ensure timely submission of deals, including financial projections, creative templates and deal lists. * Coordinate with marketing creative team to execute merchant vision of advertising materials. This includes leading marketing turn-in meetings, organizing copy and samples for photography, and proofing all advertising. * Maintain and organize all advertising proofs, including competitive ads. * Execute timely and accurate submission of deal lists for store and online promotions. * Assist in entering price changes and temporary price reductions in-store and online in a timely manner and proof in-store signs and online execution. * Track financial projections and actualized sales results on advertised deals. * Coordinate with marketing on in store events and other non-promotional events (examples: Registry Planner Insert, Registry Guide, and LMS tools) * Submit for feature space rotations & endcaps item selection, projections, & proof POGs. * Monitor and maintain street date information were applicable.
- 0-3 years related work experience
- Bachelor’s Degree or equivalent job experience
- Basic skills/knowledge preferred in negotiation, inventory planning and Retail Math
- Intermediate skills required in Microsoft Word, Outlook, Excel
- Preferred but not required skills with Revionics, Aptaris, Sharepoint, Media Compass, and R Reports / Report Builder
- Domestic travel may be required on a seasonal basis
Core Competencies Required * Adaptability: Ability to detect problems or opportunities, gathers all relevant information, identifies underlying issues or problems, organizes information, recognizes trends, and identifies cause-effect relationships. * Initiative: Proactive, generates ideas for improvement, solves problems without being asked, takes advantage of opportunities for self-improvement, does more than required. * Follow Up: Establishes follow-up dates, contacts others to review progress, confirms that actions have been taken, checks progress on assignments, and obtains feedback on results. * Teamwork/Collaboration: Builds relationships with team, and those outside of formal line of authority to accomplish organizational goals.
Job Function: Merchandising
Primary Location: USA-NJ-Wayne
Job Type: Standard
Education Level: Bachelor's Degree
Brand: Toys 'R' US
Req ID: 81989