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PriceSmart · 3 weeks ago

Global Assistant Buyer

Miami, FL

Full-time

Onsite

Mid Level

3+ years exp

PriceSmart is committed to creating exceptional employee experiences and is seeking a Global Assistant Buyer. This role involves assisting in buying functions for the Automotive Area, including product selection, vendor management, and inventory performance optimization.

AssociationAutomotiveLogisticsRetailTransportation

Comp. & Benefits

Hiring Manager

FABIAN RUIZ

Responsibilities

Evaluate automotive product samples and provide feedback to vendors to aid in the development and selection of new items

Manage the set-up and approval process for new vendors, ensuring compliance with company standards

Supervise the setup and approval process for new items, ensuring accurate and timely updates on key product information (e.g., first costs, discounts, payment terms, status codes)

Monitor SKU reports and recommend adjustments to optimize SKU selection and inventory performance

Ensure all products and packaging meet negotiated specifications and quality standards through proper documentation and inspections/audits before they reach the sales floor

Maintain strong relationships with existing vendors and assist in onboarding new vendors

Communicate regularly with suppliers to gather product information, assist in negotiating costs, and secure promotional support

Plan and communicate seasonal and promotional calendars with vendors to ensure timely delivery of merchandise and promotions, optimizing sell-through rates

Assist the Buyer by attending and following up on trade shows, communicating with vendors, and providing market insights

Conduct ongoing market research automotive treads, innovation, member needs and provide input to the Buyer on purchasing decisions, staying up to date with industry trends

Monitor competitor activities through comp shop reports and offer recommendations to maintain competitive advantage

Support pricing activities by monitoring weekly pricing reports and managing new item pricing targets

Manage replenishment merchandise margins to ensure financial goals are met

Stay informed on competitor pricing strategies and adjust cost savings or selling price to remain competitive

Collaborate effectively with key departments, including Logistics, Operations, and Compliance, by preparing and distributing merchandise reports and bulletins (e.g., item transitions, new item reports, line review recaps, program timelines)

Serve as a liaison between buying, logistics, and other teams to ensure smooth execution of merchandising plans

In collaboration with the Buyer, plan a promotional calendar aligned with seasonal trends, roadshows and rotational automotive programs aimed at maximizing sales

Negotiate promotional contracts with vendors and coordinate with the forecasting/replenishment team to ensure successful execution of promotions, with appropriate inventory levels

Assist in planning rotational calendars, new item launches, and seasonal merchandise programs by analyzing financial data, including sales/margin projections and Open to Buy (OTB)

Monitor sell-through performance and recommend pricing strategies to clear out inactive or rotational items

Use historical sales data and inventory levels to make informed recommendations on product selection, pricing, timing, and promotions

Provide monthly analysis of departmental Key Performance Indicators (KPIs) to track successes, missed opportunities, and areas for improvement

Support ongoing analysis of sales performance, margin contributions, and inventory turnover to inform future buying decisions

Qualification

Retail buying experienceVendor managementAnalytical skillsExcel proficiencyAutomotive knowledgeFinancial analysisNegotiation skillsCommunication skillsAttention to detailSelf-motivated