Buying Intern
job description
Who We Are:
Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world.
On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.
Role Description:
Partner with buyers and planners in managing a profitable business in a fast paced, deadline driven, detail oriented environment with the objective of increasing sales and earnings for the company
Assist with in-season management by actively monitoring Automatic Replenishment, Buyer Managed Inventory and Central Stock
Learn how to set financial targets and forecast overall department Sales $, GM% and Inventory Turns that fit the brand identity
Assist buyers and planners with financial performance management, inventory management and merchandise distribution
Conceptualize and work with team to execute on advertising and marketing strategies
Assist in vendor negotiations
Key Qualifications:
Dynamic Juniors working towards a BA/BS with a GPA of 3.0 or higher
Must be available for a Summer internship from June 2022 until August 2022
Must be comfortable working virtually/remotely
Based in NYC / New York surrounding areas and willing to be in office as needed
Proven leadership ability through participation in organizations and clubs
Strong analytical and organizational skills
You have an interest and ability in chosen focus area and financial analysis
Excellent interpersonal and communication skills
Ability to promote teamwork and collaboration
Proficiency in Microsoft Excel, Word and PowerPoint a must
Must be fully vaccinated against COVID-19 and, if hired, present proof of vaccination prior to beginning employment.
Who You Are:
An adaptable, entrepreneurial, goal-oriented individual with an eagerness to learn
A self-motivated and proactive individual who thrives in a fast-paced environment
A perceptive individual with strong written and verbal communication skills
A natural problem-solver who is also intuitively analytical and creative, and is able to generate a variety of new and novel ideas to resolving issues
An innovative, out-of-the box thinker who shines in brainstorming sessions, is willing to take risks, and continuously looks for opportunities to improve the way things are done
A strong collaborator who accomplishes tasks by partnering with team members and flexing your interpersonal skills while also being able to work independently at times
An organized, detail-oriented, multi-tasker who has the ability to prioritize multiple projects/tasks and meet tight deadlines, achieve productivity and business goals
Your Life and Career at Saks:
Be a part of an entrepreneurial team hyper focused on massive growth
Convenient and collaborative modern offices in Lower Manhattan with onsite perks
Paid Community Time Off during the month of July
An amazing employee discount