Williams Jewelers of EnglewoodBuyer & Merchandise Coordinator
Dec. 2021Englewood, Colorado, United StatesProduct Sourcing: Identify and research top-tier jewelry brands, designers, and suppliers to source exquisite and unique luxury jewelry pieces that align with the company's vision and target market. Supplier Relationship Management: Cultivate strong partnerships with jewelry suppliers and negotiate favorable terms, including pricing, exclusivity agreements, and timely delivery to maintain a competitive edge. Inventory Management: Monitor and optimize inventory levels to maintain a well-balanced assortment, avoiding overstock or out-of-stock situations and maximizing profitability. Pricing Strategy: set appropriate pricing that reflect the jewelry's value, exclusivity, and market demand. Sales Analysis: Track and analyze sales data, identifying best-selling items and slow movers to refine future purchasing decisions and improve overall sales performance. Marketing Support: Collaborate with the marketing team to create compelling product descriptions, promotional campaigns, and marketing materials that highlight the unique attributes of each luxury jewelry piece. Industry Events: Attend luxury jewelry trade shows, exhibitions, and industry events to stay connected with key stakeholders, discover emerging trends, and foster new supplier relationships. Budget Management: Work within allocated budgets, preparing accurate financial reports, and adhering to financial guidelines set by the company. Training & Development: Continuously enhance product knowledge and industry expertise through workshops, seminars, and ongoing training to stay at the forefront of the luxury jewelry market. Competitive Analysis: Keep abreast of competitors' offerings, pricing, and marketing strategies to identify opportunities for differentiation and innovation. Long-term Strategy: Collaborate with the senior management team to develop long-term buying strategies that align with the company's growth objectives and vision for the luxury jewelry market.