Assistant Buyer, Jewelry

Welcome to Neiman Marcus Group, where luxury and elegance are our top priorities. We are currently seeking an experienced and passionate Assistant Buyer to join our team in the Jewelry department. As an Assistant Buyer, you will have the opportunity to work with renowned designers, curate exclusive collections, and contribute to the overall success of our brand. Our ideal candidate is a detail-oriented individual with a strong eye for fashion and trends, exceptional communication and negotiation skills, and a proven track record in buying for a luxury retailer. If you are a team player with a love for all things jewelry, we invite you to apply and be a part of our prestigious team at Neiman Marcus Group.

1. Work closely with the Buyer to develop and execute buying strategies for the Jewelry department.
2. Conduct market research and stay updated on industry trends to identify new and emerging designers and products.
3. Build and maintain relationships with existing and potential vendors to secure the best products and pricing for the company.
4. Negotiate with vendors on pricing, product assortment, and delivery schedules to ensure profitability and timely availability of merchandise.
5. Assist in the creation and management of departmental budgets, including forecasting and monitoring sales and inventory levels.
6. Collaborate with cross-functional teams such as Visual Merchandising, Marketing, and Store Operations to ensure effective execution of buying strategies.
7. Plan and coordinate special events and promotions to drive sales and increase brand awareness.
8. Analyze sales data and market trends to make informed buying decisions and adjust strategies as needed.
9. Monitor and maintain inventory levels to minimize stock shortages and overstock situations.
10. Develop and maintain product knowledge to effectively communicate product features and benefits to customers and sales associates.
11. Attend trade shows and buying trips to source new products and build relationships with vendors.
12. Train and mentor buying assistants and support staff to ensure a cohesive and efficient buying team.
13. Ensure compliance with company policies and procedures, as well as legal and ethical standards in all buying activities.
14. Uphold the company’s luxury standards and brand image through product selection and presentation.
15. Continuously strive to meet or exceed sales and profit goals for the Jewelry department.

According to JobzMall, the average salary range for a Assistant Buyer, Jewelry in New York, NY, USA is between $50,000 and $70,000 per year. However, this can vary depending on factors such as the specific company, the candidate's experience and qualifications, and the current job market conditions. It is always best to research and negotiate salary based on your individual circumstances and the specific job offer.

At NMG, our flagship brands, Neiman Marcus and Bergdorf Goodman, are all about building relationships. We lead with love for our customers, associates, brand partners, and communities, recognizing that these are the building blocks of our success. Our integrated luxury retail strategy is designed to create long-lasting connections with our customers, and we believe that these relationships are what drive emotional and high-value experiences.

Our 10,000+ associates are experts in delivering a personalized luxury experience across our three integrated retail facets: in-store, online, and remote selling. We believe that our NMG|Way culture is what sets us apart, powered by our people who bring individual talents together into a collective strength that makes life extraordinary.

Our focus on building relationships, combined with our commitment to personalized luxury experiences, sets us apart in the retail industry. We believe that our NMG|Way culture, our people, and our integrated approach to luxury retail are what make us successful in delivering an exceptional customer experience.