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Buyer Strategic Initiatives

Country : USA USA

State : Illinois

County : Will County

Town : Bolingbrook

Category : Purchasing

Contract type : Permanent

Availability : Full time

Company presentation

OVERVIEW Experience professional empowerment. With over 1,200 stores throughout the U.S., designs to expand internationally, and a thriving E-Commerce platform, Ulta Beauty provides its merchandise associates the bandwidth needed to set new trends, identify potential, and take calculated risks. For professionals with an adventurous spirit who thrive in a collaborative context, who are energized by ambiguity and problem-solving, who want to experience the results of their efforts, and who are inspired by the recognition of superior performance-we encourage you to make all of it your own. Discover the possibilities of Ulta Beauty. And experience greater heights of professional success & personal satisfaction. The Buyer is the lead buyer responsible for driving and executing strategy to maximize sales and productivity for the UB at Target partnership. In partnership with the Ulta Beauty merchant team, they manage the key business area within their category. They will also manage key departmental &/or divisional projects for the team. They develop merchandise assortments, marketing strategies and in-store presentation for UB at Target in partnership with cross functional team. . UB for Target Buyer will act as liaison to Ulta merchant team for the UB at Target partnership. This will include setting up collaborative and efficient processes of communication, supporting with brands as needed, establishing, and executing assortments for zones of shop. This person must have the ability to multi-task, prioritize, and demonstrate strong attention to detailed execution. CORE JOB RESPONSIBILITIES: Business Area Strategy: Drives development and execution of the business area strategy. Partner and support omni-channel strategy. Manages portion of the business area. Financial Plans: In partnership with UB at Target cross functional business partners, develop and execute financial plans including sales, margin, and inventory productivity targets. Marketing: In partnership with UB at Target cross functional business partners, execute marketing plans to optimize profitable sales and support the corporate marketing strategy, inclusive of promotional planning. In-Store Merchandising: In partnership with UB at Target cross functional business partners, support the development and execution of in store marketing/ISM (UB at Target ISM, brand specific ISM, ISM for Discovery zones). Planograms: Drives planogram process by working with Ulta Beauty brand merchants to determine assortment, secure samples, assessing SKU/Brands productivity, completing or gathering sku set up paperwork, maintaining add/delete lists, shelf strip proofing, managing fixtures with vendors if required for Curated Core and Discovery Zones. Reporting: In partnership with UB at Target cross functional business partners, pull, prepare, and analyze UB at Target sales. Share out with internal cross functional team as warranted. Collaboration: Develop and maintain internal and external relationships, including Target and Ulta Beauty merchants, brand partners, MP&O, marketing, and store operations teams. Values: Exemplifies Ulta Beauty's core values within role. Ulta Values are quality and timely decision making, continuous improvement, collaboration, accountability, coaching and developing, planning and prioritizing, communication. Continuous Improvement: Complete on-going training and development courses supported by the HR Training Team or the Merchandise Operations Training Team. Brand Management: In partnership with dotcom team, management of the brand portfolio, performance, and relationships to maximize profitability and achieve financial objectives. Negotiation: Negotiate vendor terms, item costs, exclusivity, newness or exits to support the financial plans and strategy. Trend: Proactively assess and monitor the competitive landscape and marketplace to determine potential opportunities or threats. Leadership: Mentor, coach, and develop direct report(s) to position them for success and promotability. Education: Bachelors degree required Work Experience: 5+ years total experience in retail, must have both merchandising and MP&I experience. Skills: Strong organizational skills required. Excellent communication skills, both oral and written. Proficiency with Microsoft Office. Knowledge of SAP and SAP Hana a plus. Creative problem solver. Professionalism and confidentiality required. Passion for the business. High energy innovation leader. Strong financial aptitude and analytical ability. Capability to lead brand meetings and presentations. Proven leadership skills in communication, teamwork, collaboration and relationship building. Demonstrates enterprise thinking and proficiency across buying or merchandise planning or inventory assignments. Strategic thinker with strong business acumen. Strong negotiation skills. Strong merchandising, forecasting and financial skills. Working Conditions: Some travel required COLORADO PAY RANGE At this time, Colorado residents are not eligible for this position. ABOUT At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty's own private label. Ulta Beauty also offers a full-service salon in every store featuring-hair, skin, brow, and make-up services. We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.

Job description

The Buyer is the lead buyer responsible for driving and executing strategy to maximize sales and productivity for the UB at Target partnership. In partnership with the Ulta Beauty merchant team, they manage the key business area within their category. They will also manage key departmental &/or divisional projects for the team. They develop merchandise assortments, marketing strategies and in-store presentation for UB at Target in partnership with cross functional team. . UB for Target Buyer will act as liaison to Ulta merchant team for the UB at Target partnership. This will include setting up collaborative and efficient processes of communication, supporting with brands as needed, establishing, and executing assortments for zones of shop. This person must have the ability to multi-task, prioritize, and demonstrate strong attention to detailed execution. CORE JOB RESPONSIBILITIES: Business Area Strategy: Drives development and execution of the business area strategy. Partner and support omni-channel strategy. Manages portion of the business area. Financial Plans: In partnership with UB at Target cross functional business partners, develop and execute financial plans including sales, margin, and inventory productivity targets. Marketing: In partnership with UB at Target cross functional business partners, execute marketing plans to optimize profitable sales and support the corporate marketing strategy, inclusive of promotional planning. In-Store Merchandising: In partnership with UB at Target cross functional business partners, support the development and execution of in store marketing/ISM (UB at Target ISM, brand specific ISM, ISM for Discovery zones). Planograms: Drives planogram process by working with Ulta Beauty brand merchants to determine assortment, secure samples, assessing SKU/Brands productivity, completing or gathering sku set up paperwork, maintaining add/delete lists, shelf strip proofing, managing fixtures with vendors if required for Curated Core and Discovery Zones. Reporting: In partnership with UB at Target cross functional business partners, pull, prepare, and analyze UB at Target sales. Share out with internal cross functional team as warranted. Collaboration: Develop and maintain internal and external relationships, including Target and Ulta Beauty merchants, brand partners, MP&O, marketing, and store operations teams. Values: Exemplifies Ulta Beauty's core values within role. Ulta Values are quality and timely decision making, continuous improvement, collaboration, accountability, coaching and developing, planning and prioritizing, communication. Continuous Improvement: Complete on-going training and development courses supported by the HR Training Team or the Merchandise Operations Training Team. Brand Management: In partnership with dotcom team, management of the brand portfolio, performance, and relationships to maximize profitability and achieve financial objectives. Negotiation: Negotiate vendor terms, item costs, exclusivity, newness or exits to support the financial plans and strategy. Trend: Proactively assess and monitor the competitive landscape and marketplace to determine potential opportunities or threats. Leadership: Mentor, coach, and develop direct report(s) to position them for success and promotability.

Profile

Education: Bachelors degree required Work Experience: 5+ years total experience in retail, must have both merchandising and MP&I experience. Skills: Strong organizational skills required. Excellent communication skills, both oral and written. Proficiency with Microsoft Office. Knowledge of SAP and SAP Hana a plus. Creative problem solver. Professionalism and confidentiality required. Passion for the business. High energy innovation leader. Strong financial aptitude and analytical ability. Capability to lead brand meetings and presentations. Proven leadership skills in communication, teamwork, collaboration and relationship building. Demonstrates enterprise thinking and proficiency across buying or merchandise planning or inventory assignments. Strategic thinker with strong business acumen. Strong negotiation skills. Strong merchandising, forecasting and financial skills. Working Conditions: Some travel required
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