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Buyer

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

Job Profile Title:	Buyer
Job Code:	19409
Profile Title:	19409 Buyer
Grade / Band:	IC3
FLSA Status:	Exempt
It is the primary responsibility of the Buyer to communicate and execute retail buying strategies for achieving sales and financial objectives in support of property financial goals. The Buyer focuses on ensuring all properties have a product assortment that is unique to each property.

Principal Duties & Responsibilities
Oversees all aspects of the buying process for a medium/high volume product category in support of the Retail and property strategic plans.
Responsible for buying specialty categories including but not limited to kids, gift, licensed, and entertainment.
Creates a compelling assortment that will meet financial targets and support core property brand objectives.
Analyzes historic data, trends, product assortment, and competition to develop the strategy.
Analyzes current practices to identify business opportunities and in-season risks.
Participates in the merchandising budgetary process for properties which includes inventory, sales, receipts, markdowns, turn, gross margin percent and weeks of supply.
Evaluates current state of business to manage inventory in season, including driving markdowns and exit strategy in collaboration with corporate and property retail 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.
Maintains knowledge base of potential new vendors and product concepts.
Develops target customer profile for properties through market data, competitive shopping analysis, and business trends.
Understands target customer profile for all properties through market data, competitive shopping analysis, and business trends.
Understands and reacts to changing market trends to ensure competitive advantage.
Supports and mentors' diversity vendors by communicating the vendor diversity certification process and vendor compliance to support MGM Resorts International’s Corporate Social Responsibility initiatives.
Leads, mentors, and trains junior team members; makes performance recommendations as appropriate.

Required for All Jobs
Performs other job-related duties as requested
Proof of eligibility to work in the United States

Education
Education Level	Education Details	Required/ Preferred
Bachelor's Degree		Preferred

Work Experience
Experience	Experience Details	Required/ Preferred
3+ Years of Prior Relevant Experience	Retail buying experience or equivalent field	Required

Additional Requirements
Details	Required/ Preferred
Buying/purchasing experience.
Retail Math experience.

Knowledge, Skills and Abilities
KSAs
Knowledge of retail buying processes and category management.
Strong written and verbal communication skills for vendor and internal communications
Proficient in cross-functional team collaboration to drive business results.

Physical Requirements
A thorough completion of this section is needed for compliance with legal standards such as the Americans with Disabilities Act. The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Physical Requirement	N/A	Rarely	Occasionally	Frequently	Constantly	Weight/ w.p.m.
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

Work Environment
While performing the duties of this job, the associate is required to work within the selected work environments.
Work Environment	N/A	Rarely	Occasionally	Frequently	Constantly
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

Mental Requirements
While performing the duties of this job, the associate is required to work within the selected mental requirements.
Mental Requirement	N/A	Rarely	Occasionally	Frequently	Constantly
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