Description
Las Vegas, Nevada
The SHOW comes alive at MGM Resorts International
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
THE JOB:
As a Buyer, you will play a key role in shaping unique retail experiences across our world-class properties. You’ll develop and execute innovative buying strategies for high-volume and specialty categories to drive sales, profitability, and brand success. You'll leverage data, market trends, competitive insights, and customer behavior to build compelling assortments that resonate with our guests while achieving financial objectives. This role offers the opportunity to negotiate exclusive products and vendor partnerships, manage inventory and merchandising strategies, identify growth opportunities, and influence cross-functional teams to deliver exceptional results.
THE DAY-TO-DAY:
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
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
THE IDEAL CANDIDATE:
Must be at least 18 years of age
Must have at least three (3) years of prior relevant experience in retail buying or an equivalent field
Bachelor's degree (preferred)
Prior retail buying process, purchasing and category management experience (preferred)
THE PERKS & BENEFITS:
Wellness incentive programs to help you stay healthy physically and mentally.
Health & Income Protection benefits (for eligible employees).
Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.
Free meals in our employee dining room.
Free parking on and off shift.
Healthcare, financial, and time off benefits.
Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community.
VIEW JOB DESCRIPTION:
https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19409
Are you ready to JOIN THE SHOW? Apply today!
