Saks Global Associate Buyer

About Saks Global

Saks Global is a leading multi‑brand luxury retailer operating Saks Fifth Avenue, Saks OFF 5TH and other luxury retail and e‑commerce experiences. The organization leverages extensive customer data, dedicated merchandising and digital capabilities, and strategic brand partnerships to deliver a highly curated luxury shopping experience across physical and digital channels.

Role & Responsibilities

• Lead the market cycle, manage orders, and collaborate with Brand Partnerships and the Buying Lead.
• Oversee checkbook management and support brand growth strategies.
• Analyze product selection and pricing, and conduct vendor negotiations.
• Manage the portfolio, in-season product, markdowns, and returns to vendor (RTVs).
• Track receipts and ensure inventory targets are met.
• Develop assortment strategies that meet financial goals and KPIs.
• Negotiate with partners and review financial plans.
• Manage open-to-buy (OTB), markdown projections, and RTV negotiations.
• Build cross-functional relationships and manage vendor communications.
• Collaborate with marketing, Store Planning, and the Bangalore team.
• Mentor and guide others in the ECDP program.
• Execute assortment strategies and financial planning.
• Develop promotions with sales support teams.
• Meet sales and profit goals and manage buying office operations.
• Support vendor selection and partnership development, ensuring the assortment reflects company standards and customer needs.
• Contribute to inventory productivity analysis, vendor profitability reviews, and pricing strategy through detailed data and insights.
• Support sales growth and financial performance, and potentially lead and mentor a team of Assistant Buyers in executing category strategies and business objectives.

Qualifications

• Bachelor’s degree or equivalent retail experience.
• At least 3 years of buying-office experience, with a strong understanding of buying operations and retail strategy.
• Self-starter able to thrive in a fast-paced, evolving environment.
• Strong communication skills and executive presence, with the ability to lead meetings and build trust with stakeholders.
• Proven track record of consistently exceeding goals and driving positive outcomes in complex organizations.
• Excellent problem-solving skills and a creative approach to new challenges.
• Ability to apply retail math concepts, including markup, margin planning, OTB, WOS, T/O, and GMROI.
• Minimum 5 years of relevant experience, with strong leadership, management, and organizational skills.
• Strong interpersonal, customer-focus, conflict-management, and negotiation skills.
• Flexible and adaptable, with the ability to manage multiple priorities in a dynamic environment.

Skills

Experience

At least 3 years of buying-office experience and a minimum of 5 years of relevant experience.

Education

Bachelor’s degree or equivalent retail experience.

Compensation

The base compensation for this position ranges from USD 75,000 to USD 97,000 per annum.

Benefits

Medical, dental, and vision insurance; 401(k) retirement plan; basic and supplemental life insurance; disability insurance; voluntary benefits including critical illness, hospital, and accident insurance; and an employee discount. Eligible full-time employees receive a comprehensive benefits package.

Culture

Saks Global fosters a fast‑paced, customer‑centric culture rooted in luxury merchandising and digital innovation. Teams are collaborative and data‑informed, offering exposure to cross‑functional career paths across retail, distribution and e‑commerce.

About Cerulean

Cerulean is the definitive career portal for the global luxury industry. We match exceptional professionals with exclusive opportunities at the world's most prestigious brands. From haute couture and fine watchmaking to prestige beauty, hospitality, and boutique retail, Cerulean centralises luxury employment to help you find the career for which you were destined.