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Merchandise Buyer, Sr. selects merchandise for order, places order, and stays involved in inventory distribution. Reviews success of previous orders to determine extent to which inventory should be replenished. Being a Merchandise Buyer, Sr. researches new trends or advances in product lines to make appropriate buying decisions. Functions as a decision maker with orders of a larger and more complex scope. Additionally, Merchandise Buyer, Sr. may require a bachelor's degree in area of specialty. Typically reports to a supervisor or manager. To be a Merchandise Buyer, Sr. typically requires 7+ years of related experience. A specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group.
Top Merchandise Planning and Allocation Executive oversees, plans, and directs all aspects of an organization's merchandise planning and inventory allocation policies and methods. Develops strategies and processes to maximize sales, turnover, and profitability. Being a Top Merchandise Planning and Allocation Executive utilizes forecasting data to lead a business review of the current season to determine future allocation and replenishment strategies. Provides buyers with data and insights to use to optimize purchase planning and stock ratios. Additionally, Top Merchandise Planning and Allocation Executive requires a bachelor's degree. Typically reports to top management. The Top Merchandise Planning and Allocation Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Merchandise Planning and Allocation Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
Merchandise Allocator allocates merchandise to stores according to warehouse and store inventory levels. Will assist stores with merchandise transfers to fulfill stock needs. Being a Merchandise Allocator may require a bachelor's degree. Typically reports to a supervisor or manager. To be a Merchandise Allocator typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work.