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Sr. Inventory Control Buyer San Francisco, CA	RedEnvelope

Job Description ABOUT US Launched in 1999, RedEnvelope's mission is to make gift giving no matter what the occasion or circumstance simple and fun. Through a unique assortment of gifts, many created exclusively for us, and our easy to use website and seasonal catalogs, we offer a shopping experience that's inspired, modern and convenient. The name RedEnvelope comes from an Asian tradition in which gifts are often presented in a simple red envelope a timeless symbol of good fortune, love and appreciation. We believe that whether a gift is a token of gratitude or a grand gesture of love, its giving and receiving is a cherished occasion in itself. At RedEnvelope we've built a recognizable brand. Employees come here because of what we do, who we are and where we're going. We are building a company where retail and online professionals want to work, where employees build satisfying careers and gain breadth and depth of skills through exposure to new challenges. Employees come here to participate actively in our success and share in its rewards. RedEnvelope offers a competitive benefits package including your choice of an HMO or PPO, dental, vision, 401(k) with a match, life insurance/ADD at 1x annual salary, long-term disability, tuition reimbursement, fitness reimbursement, 7 company holidays and a generous paid time off policy. SUMMARY Responsible for planning, forecasting and replenishment of product for catalog and web channels to achieve objectives for sales, margin, inventory and in stock for selected departments. ESSENTIAL DUTIES AND RESPONSIBILITIES Manage item and department level catalog, event and web channel forecasts, insure flow of inventory to support event plans by placing/adjusting orders, monitor order status for on time delivery and proactively identify issues, to achieve goals for sales, margin, and turn. Maintain all required communication to support the product collateral ordering/fulfillment process. Coordinate with operations the ordering of assembly products and materials to insure availability of finished goods as planned. Maintain communication with vendors and agents regarding purchasing lead times, current purchase order status, shipping and delivery issues. Resolve back orders, partnering with Customer Service to communicate backorder statuses and required customer notifications. Communicate with operations, accounts payable, and vendors to resolve receiving discrepancies. Plan markdown strategy at the item level, to include planning of sell thru and exit strategy for seasonal goods, monitoring item performance and suggesting markdowns to minimize inventory liability while maximizing GM%. Monitor performance at the department and classification level, partner with Buyers to identify assortment edits and opportunities, merchandising strategies, and markdowns which support achieving department plans. Analyze item, classification and department performance for Catalogs, Events and web channel in order to identify opportunities and issues. Complete weekly status and Open to Buy reports at the assigned department level. Other duties may be assigned. QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EDUCATION and/or EXPERIENCE Bachelor's degree (B. A.) or equivalent; or two to five years related experience and/or training; or equivalent combination of education and experience. Strong Excel skills, experience working with merchandising and planning systems. PHYSICAL DEMANDS The physical demands of this position are representative of those experienced in a normal office environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. WORK ENVIRONMENT The work environment is characteristic of a normal office environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience Required 5 plus years exp.

Last Update June 10, 2008

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