Trainee, Buying Operations

Job Description:

Who we are:

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences. With talented colleagues focused on delivering on our strategic vision,  The Art of You ,   Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own .  By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail.
Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets.

Role Summary:

Reports to Manager - Buying Operations. Works closely with Merchandising Planning, Sample and buying teams in North America and
other teams as necessary.

Key Qualifications:

● Graduate/PG. Preference will be work experience in retail industry with working knowledge in supply chain
● Analytical, advanced Excel, problem solving skills ,eye to detail.
● Data management and interpretation using statistical concepts
● Strong planning and operational skills
● Proficiency in Excel and good knowledge of other MS Office tools
● Team player with strong collaboration skills.
● Highly motivated and committed to the development of high-quality work
● Excellent communication skills to liaise effectively with vendors and internal teams.

Role Description:

● Process purchase orders (POs) accurately and timely using relevant tools.
● Coordinate with vendors and suppliers to confirm order details, delivery schedules, and resolve discrepancies.
● Prioritize orders based on urgency, business needs, and service level agreements (SLAs).
● Collaborate with Planners, Buyers and other relevant stakeholders to manage Replenishment inventory through accurate forecasting and rectifying all relevant components to achieve department-in-stock goals.
● Has the concept/grasp of Stock-store Minimums/Presentation minimum, Maximums, Safety stock, Review Time, Lead time, Store to store transfers etc. 
● Stock Balancing: Maintain in-stock goals through effective product distribution. Analyze sales history and trends to maximize sales potential by developing allocation strategies that maintain proper store inventory levels.
● Provide regular reports on order status, vendor performance, and operational metrics.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.

This position is approved for INTERNAL hiring only. Please do not share outside of the organization.