Sr Buyer

J  o  b    D  e  s  c  r  i  p  t  i  o  n

Job Profile Title:

Sr Buyer

Job Code:

11653

Business_Title

Senior Buyer

Profile Title:

11653 Sr Buyer

Grade / Band:

IC4

FLSA Status:

Exempt

It is the primary responsibility of the Senior Retail Buyer to communicate and execute retail buying strategies for achieving sales and financial objectives in support of property financial goals. The Senior Retail Buyer focuses on a complex product assortment that is unique to the properties. All duties are to be performed in accordance with departmental and MGM Resorts policies, practices and procedures.

Directs all aspects of the buying process for a high volume and/or highly complex product category in support of luxury and

ultra-luxury property strategic plans.

Creates a compelling assortment that will meet financial targets and support property brand objectives.

Analyzes historic data, trends, product assortment, and competition to develop the strategy.

Analyzes current business performance to identify growth opportunities and in-season risks, managing inventory, markdowns, and exit strategies in collaboration with corporate and property leadership.

Negotiates exclusive offerings, terms, pricing, vendor funded markdowns, return-to-vendor agreements, and drop-ship programs.

Develops and maintains effective working relationships with members of cross-functional teams and is able to influence them to achieve results.

Evaluates market trends, maintains a knowledge base of potential product concepts, and introduces new vendors and categories to drive competitive advantage.

Develops target customer profile for luxury and ultra-luxury properties through market data, competitive shopping analysis and business trends. Participates in the merchandising budgetary process for properties which includes inventory, sales, receipts, markdowns, turn, gross margin percent and weeks of supply.

Manages product categories specific to general merchandise including but not limited to beverage, tobacco, food/candy, electronics, sun care, and HBA.

Executes planograms specific to each retail outlet and assists with in-store merchandising.

Supports and mentors diversity vendors by communicating the vendor diversity certification process and vendor compliance to support MGM Resort International’s Corporate Social Responsibility initiatives.

Leads, mentors and trains junior team members; makes performance recommendations as appropriate.

Performs other job-related duties as requested

Proof of eligibility to work in the United States

Bachelor's Degree

In related field

Preferred

5+ Years of Prior Relevant Experience

In related field

Required

Retail store operations or buying/purchasing experience within the hospitality, casino, and resort industry.

Preferred

Strong problem solving, interpersonal, and organizational skills.

High level of analytical skills and conceptual creative ability.

Communicate effectively in English, in both oral and written forms.

Excellent verbal communication and presentation skills.

Must have knowledge of retail math that includes but is not limited to gross margin (GM), turn, weeks of supply (WOS) and sell-through percent.

Professional appearance and positive demeanor.

Ability to multitask with attention to detail to meet established deadlines.

Effectively communicate in English, both oral and written forms.

Ability to travel to local and regional markets as needed for business purposes.

Balancing

X

Bending

X

Carrying 10 pounds

X

Clear speech - simple

X

Clear speech - complex

X

Climbing

X

Distant vision

X

Driving

X

Flexibility - upper body

X

Flexibility - lower body

X

Hearing/Listening

X

Kneeling

X

Lifting 10 pounds

X

Near vision

X

Normal vision

X

Pushing/Pulling

X

Reaching

X

Sitting

X

Standing

X

Typing

X

Walking

X

Communication - verbal

X

Communication - written

X

Confined area

X

Contacts - works alone

X

Contacts - works around others

X

Contacts - works with others

X

Exposure to dust / dirt

X

Exposure to fumes / odors

X

Extreme cold

X

Extreme heat

X

Fast pace

X

Hazardous conditions - chemicals

X

Hazardous conditions - high structures

X

Hazardous conditions - high voltage

X

Indoors

X

Noise levels - low to moderate

X

Noise levels - high

X

Office conditions

X

Outdoors

X

Restricted area

X

Shifts

X

Smoke

X

Travel

X

Wet/Humid

X

Analytical

X

Clerical

X

Comprehension

X

Crisis incidents

X

Customer service

X

Decision making

X

High pressure

X

Judgment

X

Long hours

X

Math skills - advance

X

Math skills - basic

X

Organization

X

Reading - simple

X

Reading - complex

X

Repetition

X

Tight deadlines

X

Writing - simple

X

Writing - complex

X