Buyer

At honey, we take great pride in getting the look just right! Our buying department takes its inspiration from global trends, pop culture, and of course our namesake who started it all, Honey Chadwick. As a member of our buying team, you will seek to balance the pursuit of the ultimate honey pieces and analytics intelligence that drive our business to success.

Our shared core objective: To drive sales through curated and well thought out selections. Achieving high margins and minimal markdowns

Job Model: Buyer
Location: GTA
Experience Required: 3–4+ years
Salary: $85,000

Analytical, data-based decisions.

• Analyses the area of business assigned and reports on sell throughs, best sellers, rate of sales, weeks of supply, productive vs nonproductive stores, and overall sales trend indicators to the GMM.
• Identifies weak areas of your business unit and come up with an action plan on how to deal with any lagging inventory issues.
• Creates growth by feeding best sellers through replenishment or escalation of delivery of same product or similar product where possible.
• Makes note of season to date highly productive inventory in preparation of planning for next season. Conversely, takes note of underperforming or problem merchandise to avoid or look for better alternatives.
• Through store visits, discussion with store managers, GMM, Honey - understand the why or the impetus to buy by the honey customer - both for best sellers and in a wider view of what the customer is looking for, what occasions she is dressing for and what merchandise she wanted that we missed on.

In market

• Constant research and idea building of different trends and how to engage the honey customer through new and exciting merchandise. Builds a look book to capture images of different ideas.
• Prepares for vendor appointments with all data, images and a plan approved by the GMM to fulfill.
• Initiate and coordinate with vendors and stores in-store product knowledge sessions and contests.
• Write orders commensurate to successful inventory levels and store and warehouse capacities. A clear understanding of each store’s volume for your category.
• Ensures all paperwork/data work including order sheets, purchase orders, distributions and any follow-up administration is executed in a timely manner.
• Manage inventory through transfers, consolidation, and RTV’s with rational awareness of upcoming deliveries, envisioning the store assortments and the costs involved.
• Quality control: beware of any potential mass RTV issues due to the nature of fabric, construction, history of high propensity of wear & tear on store shelves, any colorations that tend to fade or change. The items are best avoided.

Professional Qualities

• Team Player: regularly works cross functionally with other departments, stores and within the buying team to support Honey’s goals and thereby gains better insight and perspective on what winning retail entails.
• Constant improvement: contributing improvements to process, new ideas, trends, support to help grow the Honey brand and business.
• Professionalism: demonstrating a professional attitude, look and work ethic that represents Honey - through our choice of words, communication methods, general courtesy, professional attire, and grooming.
• Productive use of time and resources: during work hours, time and resources are used wisely and productively. Cutting down on time waste is essential to healthy business practices.

Job Requirements: Analytical, Data analysis, Business analysis, Sales trend indicators, Inventory management, Product replenishment, Vendor coordination, Product knowledge training, Order processing, Purchase orders, Distribution management, Inventory transfers, Inventory consolidation, Return to Vendor (RTV) management, Quality control, Cross-functional communication, Teamwork, Process improvement, Trend research, Market research, Professional communication, Time management, Resource management