Buying Manager

Buying Manager - Watches

Overview:

London Jewelers is a premier jewelry business, family owned and operated for 100 years. We continue to set the standard for quality and service in providing customers with the finest selection of diamonds, designer jewelry, fine timepieces and giftware, that has adorned the most prestigious collections and graced the most elegant occasions.

From its humble beginnings in Glen Cove in 1926 to becoming a beacon of luxury and throughout 4 generations, London Jewelers has consistently pushed the boundaries of service excellence and expertise, being recognized as a premier destination, and an authorized retailer of internationally renowned brands.

We are seeking a Buying Manger - Watches to report directly to the Chief Commercial Officer at our corporate office.

This position will be responsible for managing purchasing activities, developing supplier relationships, negotiating pricing and terms, monitoring inventory levels, and ensuring the timely procurement of products in alignment with the company’s objectives.

The ideal candidate will have strong negotiation, analytical, and organizational skills, along with experience in purchasing, vendor management and inventory planning.

Responsibilities:

• Develop merchandise strategies for pre-owned luxury watches with a focus on Rolex based on customer expectations, fashion trends and brands.
• Executes product merchandising plans for the stores and online.
• Negotiates with suppliers and communicates with vendors on product costs, quantity, quality, and delivery.
• Reviews and analyzes watch collections for inventory, suggested stock balances and assortment changes
• Handles purchase order entries, cancellations and changes.
• Researching possible item selections and taking inventory of current products.
• Domestic and international travel to attend watch events, trade shows and vendor meetings
• Develop direct reports and promote an environment that supports ongoing collaboration to execute business strategies
• Lead by example: engage and inspire team
• Visit stores regularly to review product presentation, gather customer and team feedback, and identify merchandising opportunities

Qualifications/Experience:

• Proven experience in buying and selling pre-owned Rolex and other luxury watches
• Advanced knowledge of luxury watches, including top Swiss brands, movements, complications, pricing, collector trends and the vintage watch market
• Merchandising experience in luxury retail.
• Proficiency in analyzing data and selling reports.
• Negotiation and networking abilities with commercial awareness.
• Strong communication and organizational skills.
• Good knowledge of market trends and the competition.
• Proficient in Excel
• Strategic thinking and problem-solving skills

Job Type:

• Full-time

Salary:

• $110,000 - $125,000

Benefits:

• Health insurance
• Dental insurance
• Vision insurance
• Paid time off
• 401(k) with employer matching
• Employee assistance program
• Employee discount
• Flexible spending account
• Health savings account
• Life insurance

Schedule:

• Monday – Friday 9:00 AM – 5:30 PM
• Flexibility to work non-traditional hours, including days, weekends and holidays as needed

We are an Equal Opportunity Employer. All persons shall have the opportunity to be considered for employment without regard to their race, color, creed, religion, national origin, ancestry, citizenship status, age, disability, sex, gender, veteran status, genetic information or any other characteristic protected by applicable federal, state or local laws.