Buyer, Contemporary at Moda Operandi

| Greater NYC Area
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Moda Operandi is an e-commerce platform transforming the way people discover and shop for designer fashion. Through its innovative mix of commerce and content, Moda allows women and men to shop for what’s new and what’s next in designer fashion from the world’s leading emerging designers and luxury brands. Founded in 2010, Moda Operandi's mission is to make it easy for designers to grow their businesses and consumers to realize their personal style. Today, Moda’s platform carries more than 1,000 brands and designers across fashion, fine jewelry and home, ships to 125 countries, and has raised nearly $300M in funding from top-tier global investors.

Position Summary

The Buyer, Contemporary has the responsibility for driving the Contemporary business growth, and managing the overall sales forecasting, inventory management and buying decisions for Contemporary. This role is responsible for generating seasonal merchandise plans, assortment strategies, and vendor negotiations to maximize and grow the business.

What You'll Do

  • Develop, manage, and continually analyze a financial plan (profitability margins, mark-up and receipt flow) to exceed sales goals in line with corporate strategies and KPIs
  • Promote an environment that fosters the ideas of others and supports ongoing collaboration to execute aggressive business growth strategies
  • In-depth knowledge and understanding of the global MO customer, developing and executing strategies to exponentially grow the Contemporary business and market share
  • Develop seasonal merchandise plans for Contemporary with management and the merchandising team
  • Responsible for planning & overseeing the OTB, taking action; recommending reorders and pricing strategies
  • Manage the buying process, including building assortments based on historical and current product performance, analyzing business and managing inventory flow
  • Review and analyze business weekly, monthly, seasonally, developing appropriate initiatives
  • Analyzing competitive pricing, product, presentation and timing
  • Establish and maintain vendor relationships and attend market
  • Negotiate buying terms with vendors (price, margin, quantity, delivery terms)
  • Analyzing competitive pricing, product, presentation and timing
  • Attend trade shows and market appointments
  • Knowledgeable about the global customer, market and competitive landscape
  • Identify new business opportunities, including new brands and product development
  • Identify key opportunities to maximize sales and drive the process to meet financial objectives
  • Proactively motivate selling teams through the communication of product knowledge such as collection notes, training and selling events
  • Keep all cross-functional teams informed on performance, industry trends, new inventory and brand positioning
  • Manage and develop Merchandising Assistant

Who You Are

Minimum Experience:

  • 4+ years of experience as a Contemporary Buyer in a multi-brand environment
  • 5+ years of retail experience

Industry Experience:

  • Understands the dynamics that are shaping the global luxury landscape
  • Luxury e-commerce experience is a strong asset
  • Demonstrated sense of fashion and strong knowledge of the Contemporary market
  • High level of credibility and integrity, demonstrated through strong industry relationships

Specific Skill Requirements:

  • Strong understanding of Merchandising financials, retail math and the ability to manage profitability
  • Excellent organizational, presentation and communication skill
  • Ability to act as liaison and collaborate amongst many cross-functional departments within the company
  • Proficient in Word and Excel

Educational Requirements:

  • Bachelor’s Degree

Bonus Points

  • Proven experience working dynamic, high-growth environment environment
  • Detail oriented and able to multi-task
  • Extremely well organized, methodical and efficient
  • Good business judgement, ability to identify trends, and demonstrated decision making skill
  • Strong networking, presentation & writing skills

The job description is to be used merely as a guide of expectations rather than an exhaustive list of all duties and competencies. All requirements and skills are subject to change as business needs evolve. 

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Technology we use

  • Engineering
    • ScalaLanguages
    • ReactLibraries
    • AngularJSFrameworks

Location

New York, NY 10013

What are Moda Operandi Perks + Benefits

Moda Operandi Benefits Overview

Enjoy A Flexible Lifestyle

Where the high-energy of a start-up meets the stability of a well-funded company. Moda is committed to fostering flexibility and wellbeing inside and outside of the office. Our employees enjoy a full suite of benefits.

Unlimited PTO & sick leave
Full medical, dental, vision insurance
Generous parental leave
Industry leading merchandise discount
401K
Performance bonus
Equity Incentive plan
Opportunities to work flexibly
Subsidized day care, gym discount & pet insurance
Free snacks and weekly company happy hours
Dog-friendly office
& more!

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Diversity manifesto
Someone's primary function is managing the company’s diversity and inclusion initiatives
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Wellness Programs
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Performance Bonus
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Family Medical Leave
Adoption Assistance
Company sponsored family events
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Some Meals Provided
Happy Hours
Pet Friendly
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Promote from within
Time allotted for learning
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