About this position
Ross-Simons, America’s Favorite Jeweler and a division of Luxury Brand Holdings, is seeking an experienced Inventory Buyer to join our team in Cranston, RI. This hybrid position requires 4 days in-office and 1 day remote per week, reporting directly to the Senior Director of Supply Chain. As an Inventory Buyer, you will play a key role in forecasting and procuring our direct-to-consumer jewelry collections from both domestic and international suppliers. Your success will be defined by achieving sales targets and ensuring optimal in-stock levels across assigned jewelry categories. This role is ideal for a detail-oriented professional with strong analytical and technical skills, a keen business sense, and a passion for consumer products.
Job Responsibilities:
- Forecast jewelry sales at the SKU and channel using demand planning software (Tagetik) and issue purchase orders to vendors. Achieve inventory KPIs, including turnover and in-stock levels, for approximately 5,000 SKUs.
- Develop and strengthen vendor partnerships by managing and negotiating projection updates, discounts, compliance, and handling order releases, cancellations, and prioritizing shipment needs.
- Actively manage on-hand inventory and open orders to address overstock situations, including identifying and disposing of excess merchandise.
- Collaborate with Marketing and Merchandising to maximize inventory utilization in marketing campaigns, new product introductions, and other strategic initiatives.
Experience and Required Qualifications:
- Bachelor’s degree or 5+ years of related experience.
- Preferred experience in direct-to-consumer and multi-channel purchasing/inventory planning.
- Strong organizational skills, attention to detail, and proficiency in MS Office applications.
- Ability to handle multiple projects, meet deadlines independently, and make informed decisions quickly.
- Team player with a customer-focused approach, both internally and externally.
LBH is an Equal Opportunity Employer M/F/V/D