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Assistant Buyer
Gap Inc.
San Francisco, CA, United States
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Assistant Buyer, GFOL
In 1969, Don and Doris Fisher opened the first Gap store on Ocean Avenue in San Francisco. They wanted to make it easier to find a great pair of jeans, and they did. Their denim and records store was a hit, and today we’re the world’s most iconic American brand.
We’re represented in more than 1400 stores in over 40 countries, and online. Our unique aesthetic is optimistic cool, elevated American style. We believe in staying true to our heritage while creating what’s next.
Don and Doris Fisher always wanted to “do more than sell clothes,” and today we’re leaders in employee volunteering and social impact.
If you're full of ideas, if you want to work with phenomenal people, and if you think we should leave the world better than we found it, we'd love to meet you.
About Us
In 1969, Don and Doris Fisher opened the first Gap store on Ocean Avenue in San Francisco. They wanted to make it easier to find a great pair of jeans, and they did. Their denim and records store was a hit, and it grew to become one of the world’s most iconic brands.
Today we’re represented in more than 1400 stores in over 40 countries, and online. We have headquarters in New York, London, Shanghai, Tokyo, and, of course, San Francisco.
Our unique aesthetic is optimistic cool, elevated American style. Our clothes are crafted with care, with focused attention to thoughtful design. We believe in staying true to our heritage while creating what’s next.
Don and Doris Fisher always wanted to “do more than sell clothes.” They wanted to support the people who ran their company, to be active in their communities, and to have a positive impact on the world. Their vision helped transform retail, and we’re still following their lead.
We stand for freedom and possibility for all; we champion diverse ideas that transcend generations, geographies and genders.
So if you have ideas, if you’re talented, if you want to work with phenomenal people, and if you think we should leave the world a little better than we found it, we’d love to meet you.
Role Description
OVERVIEW
• Assist in the creation, management and execution of end to end sales, gross margin and inventory strategies to hit Department or Division sales plans.
• Collaborate with a centralized Merchandising team (GM) to ensure the seasonal, global assortment meets the Gap Online customer and business needs.
• Assist in web management – managing product features, category sorts and seasonal flow strategies that drive customer engagement on site.
Essential Duties and Responsibilities
PRE-SEASON FINANCIAL PLANNING
• Contribute to the financial success of one or more Departments or Division by meeting sales, gross margin, and inventory productivity goals.
• Contribute to the development of pre-season Class and Department financial targets that align with the Division’s seasonal product strategy and include sales, gross margin and inventory.
• Assist in the development of seasonal Department or Divisional product strategies that align with financial goals of the season.
• Create and execute sizing strategies that support Department or Divisional objectives.
• Contribute to the reconciliation of top-down & bottoms-up Divisional sales and inventory plans.
IN-SEASON MANAGEMENT
• Measure weekly, monthly, and quarterly sales and inventory performance by Department or Division. Identify and communicate business opportunities and risks through this assessment.
• Measure site performance metrics. Provide recommendations to drive increased customer engagement and sales results on site.
• Strategize, recommend, execute, and recap in-season pricing strategies – including seasonal markdowns and promotions.
• Manage the assessment of sales and inventory plans from investment through in-season management, including ongoing assortment updates and inventory changes in PETE and ACT.
• Develop and manage Basics sales and inventory forecasts to maximize sales opportunity while driving optimal inventory service levels and profitability.
• Assist in the forecast of in-season sales and inventory trends through the monthly OTB process. Develop product, site and financial strategies to maximize opportunities and mitigate risk.
• Hindsight seasonal product and financial results through hindsighting process by Department or Division.
BUSINESS PROCESS
• Proficiency in enterprise applications (Venus, NOVA, etc.) as well as GOL specific tools (cube platform).
PRODUCT
• Assist in the development of seasonal product strategies and department/divisional Long Range Plans.
• Perform daily activities that support the merchandising strategies and merchandise pipeline. Maintain ACT and Pete accuracy. Complete timely workflow on all deliverables defined by the Global product pipeline and seasonal check lists
• Assist with assortment communication to all cross functional partners. Communicate changes and updates to production through Style tracker/Change log.
• Deliver on online exclusive business strategies including product recapping, needs analysis and presentation on site.
SITE
• Execute shop strategies and promotional plans ensuring a compelling product assortment that will meet overall business objectives
• Assist with web management to create a compelling product experience on the site, to include inspirational merchandise presentation, simple and intuitive category navigation and clear and accurate product details.
• Responsible for timely workflow of web management deliverables and timelines: includes overseeing and validating the work completed by merchandise coordinator.
• Attend weekly site meetings - promo outlook, site review, creative review to ensure clarity on all execution.
• Review Omniture reporting to understand customer’s preferences. Apply learnings to future concepts, linking and sorting.
PEOPLE
• Develop and maintain effective relationships with cross functional business partners,
• Provide manager with timely feedback on personal developmental and training goals
SKILLS NEEDED
• Customer and product centric.
• Financial Acumen: The ability to use financial metrics to measure the performance of the business. Understand how financial levers impact results.
• Business Acumen: The ability to read and react to business results, understanding how decisions impact those results.
• Systems & Tools Acumen: The ability to quickly develop tool and system proficiency.
• Ability to formulate short term tactical plans that are effective, efficient and support business and product strategies.
• Ability to effectively sell a point of view to both peers and upper management.
• Basic knowledge of international production processes.
• Strong presentation skills.
KEY BENEFITS:
• Merchandise discount for our brands: 50% off regular-priced merchandise at Gap, Banana Republic and Old Navy, 30% off at Outlet and 25% off at Athleta.
• One of the most competitive Paid Time Off plans in the industry.*
• Employees can take up to five “on the clock” hours each month to volunteer at a charity of their choice.*
• Extensive 401(k) plan with company matching for contributions up to four percent of an employee’s base pay.*
• Employee stock purchase plan.*
• Employees receive medical, dental, vision and life insurance.*
• Employees can apply for tuition reimbursement.*
• Family care programs.
• Commuter benefits.
• Pet Discount Program.
*For eligible employees
Gap Inc. is an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We are committed to recruiting, hiring, training and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. In 2016, Gap Inc. was named one of the Best Places to Work by the Human Rights Campaign for the thirteenth consecutive year and was the sole winner of the Catalyst award for equality in the workplace in 2016.