Buying Manager

Buying Manager - WatchesOverview: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 changesHandles 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 meetingsDevelop direct reports and promote an environment that supports ongoing collaboration to execute business strategiesLead by example: engage and inspire teamVisit stores regularly to review product presentation, gather customer and team feedback, and identify merchandising opportunitiesQualifications/Experience:Proven experience in buying and selling pre-owned Rolex and other luxury watchesAdvanced knowledge of luxury watches, including top Swiss brands, movements, complications, pricing, collector trends and the vintage watch marketMerchandising 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 ExcelStrategic thinking and problem-solving skillsJob Type: Full-timeSalary: $110,000 - $125,000Benefits:Health insuranceDental insuranceVision insurancePaid time off401(k) with employer matchingEmployee assistance programEmployee discountFlexible spending accountHealth savings accountLife insuranceSchedule:Monday – Friday 9:00 AM – 5:30 PMFlexibility to work non-traditional hours, including days, weekends and holidays as neededWe 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.