Assistant Buyer - Candy

About the position

The Assistant Buyer at Five Below plays a crucial role in supporting the sales and profit plan for a specific merchandise area. This entry-level position involves executing a well-conceived merchandise strategy, managing product development, and ensuring effective communication with vendors and cross-functional teams. The role is designed for individuals who are eager to learn and grow within the merchandising field, contributing to the overall success of the buying team.

Responsibilities

• Assist in delivering the sales and profit plan for a specific area through precise execution of merchandise strategy.
• Run reports and analysis for the Buying team in a timely manner.
• Suggest newness to add freshness to the assortment and propose category extensions for growth.
• Manage purchase orders and track on-order items effectively.
• Prepare for styleouts and walkthrus, ensuring all final samples are available.
• Take ownership of sample management and relay design comments to vendors.
• Aid in the development and assortment of specific classes and product lines.
• Review packaging and verify testing with compliance, ensuring quality matches orders.
• Create product briefs for new items and work with Product Development to execute them.
• Execute competitive shop recaps and analysis to maintain market awareness.
• Negotiate favorable costs, terms, and conditions with vendors in collaboration with the Buyer.
• Manage the PO entry and revision process, ensuring timely approvals from cross-functional teams.
• Utilize BI Reporting and IP to analyze selling and create necessary reports.
• Manage shipment tracking and communicate issues between teams and vendors.
• Develop relationships with cross-functional teams to aid in issue resolution.

Requirements

• Bachelor's degree required.
• Demonstrable knowledge of evolving trends in merchandising.
• Willingness to learn and embrace all aspects of merchandising.
• Ability to absorb and learn in a quick-paced environment.
• Strong written, verbal, and computer skills.
• Must be based in Philadelphia or willing to relocate.