Merchandise Buyer In

Compensation

: $108,410.00 - $108,410.00 /year *

Employment Type

: Full-Time

Industry

: Fashion



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Merchandise Buyer in New York, New York - Careers at 2 Penn Plaza - 16th Floor

Merchandise BuyerJob Locations
US-NY-New YorkRequisition ID
19-12228Division
VenuesFunctional Area
Merchandise/Retail

Overview

The Madison Square Garden Company (MSG) is a world leader in live sports and entertainment experiences. The company presents or hosts a broad array of premier events in its diverse collection of iconic venues: New Yorks Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, CA; The Chicago Theatre; and the Wang Theatre in Boston. Other MSG properties include legendary sports franchises: the New York Knicks (NBA), the New York Rangers (NHL) and the two development league teams -- the Westchester Knicks (NBAGL) and the Hartford Wolf Pack (AHL); and one of the leading North American esports organizations, Counter Logic Gaming. In addition, the Company features popular original entertainment productions -- the Christmas Spectacular and New York Spectacular both starring the Radio City Rockettes, and through Boston Calling Events, produces outdoor festivals, including New Englands preeminent Boston Calling Music Festival. Also under the MSG umbrella is TAO Group, a world-class hospitality group with globally-recognized entertainment dining and nightlife brands: Tao, Marquee, Lavo, Avenue, The Stanton Social, Beauty & Essex and Vandal. More information is available at www.themadisonsquaregardencompany.com

Role Summary

Responsible for all licensed and self-sourced non-licensed team apparel via international and domestic sources. The Assistant buyer assists the buyers in ownership of the end to end process of managing product development from concept to customer.

Specific Functions/Activities Summary

Learn end to end buying process from product development, data entry, tracking, receipt, and distribution of shipments, placement of product on the floor and marketing strategy to sell.Develop and execute buying strategies and marketing plans for MSG Sports Team Merchandise and LIVE product. Create effective working relationships across the organization to gain product feedback and market research. Work with the buyers with establishing new vendors, vendor negotiations and buy backs. Aware of timely trends in the market place via trade shows, trade publications and competitive shopping to develop NEW, exclusive products via domestic and international sources. Maintain awareness of new sports licensed products where applicable. Analyze daily/weekly sales reports and propose product movement and rotation.Accountable for data entry, sample budgets, ensure proper item tracking and efficient, detailed maintenance of orders.Under the direction of the buyers, oversee in-store presentation and execution of product placement to ensure MSG is maximizing in store experience, traffic and driving conversion. Establish quality control standards in regard to replication of MSG marks, product safety standards and durability. Analyze product selling trends to maximize via in stock position, improved costs based on larger buys and seek related products in the category to capitalize on the trend. Establish and manage inventory levels on seasonal sales plan and constantly adjust based on actual sales to ensure inventory turnover and minimal carry-over/markdown abilities. Work with buyers to maintain and/or improve cost of goods sold to maximize profits by volume buys where applicable via cost negotiations. Purchase apparel products for playoff events with pin point accuracy due to short selling window and lack of reorder/reaction time.Establish new retail through competitive shopping via retail and other entertainment venues to ensure competitive pricing structure and for presentation/marketing ideas. At the same time, to ensure product freshness to distinguish MSG venues from other sports/entertainment retail products.

Qualifications

The ideal candidate will have a minimum of 1-2 years retail buying experience.Candidates who have completed a minimum of 60 credit hours of college-level coursework (representing 2 years), or have shown similar self-development through certifications, trade school coursework, etc. are preferred Direct relationship with key branded suppliers to secure new product developmentAbility to work across functional teams and building relationships is essential.Excellent communication skills, ability to mobilize key stakeholders, and engage with all levels in the organizationAbility to engage and develop collaborative relationships and influence within team and across functions.Adept at maintaining a positive, open, approachable, and professional relationship with a diverse group Comfortable with managing conflict and responding to customer problems with a sense of urgencyAbility to demonstrate success in managing multiple tasks while under tight deadlines Successful track record of measuring improvements in customer satisfaction and loyaltyAbility to navigate internal organization/processProactive self-starter and able to work collaborativelyProficiency in Microsoft Office (Strong excel and pivot table capability required)Ability to work a flexible schedule including nights, have split days off, work weekends and holidays in a 24 X 7 environment.Strong contract bidding and negotiation skills to achieve ideal cost structures is optimal.Familiar with product inventory systems such as EDI preferred.

Education

Candidates who have completed 60 credits of college-level coursework (representing 2 years), or have shown similar self-development through certifications, trade school coursework, etc. are preferred.Educational requirements may differ from job to job based on the role.

EEO Statement

At MSG we value diversity and are looking for extraordinary employees of all backgrounds! MSG is an Equal Opportunity Employer and provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, citizenship, age, genetic information, disability, or veteran status. In addition to federal law requirements, MSG complies with all applicable state and local laws governing nondiscrimination in all locations.
Associated topics: buyer, inventory, merchandise, purchase, raw material, ship, shipment, store, supplier, supply chain * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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