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Saks

Trainee, Buying Operations

Posted 14 Hours Ago
Be an Early Applicant
India
Entry level
India
Entry level
Assist in buying operations by processing purchase orders, coordinating with suppliers, and managing inventory through collaboration and analysis.
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Job Description:

Who We Are:
Saks Global is a combination of world-class luxury retailers, including Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks
OFF 5TH, as well as a portfolio of prime U.S. real estate holdings and investments. Saks Global is deeply committed to helping luxury
consumers discover the most sought-after established and emerging brands from around the world. Powered by data-driven technology
and centered on the customer, Saks Global is on a mission to redefine the luxury shopping experience through highly personalized
service, with greater opportunities for product discovery across all channels.

Role Summary:
Reports to Manager - Buying Operations.  Works closely with Merchandising Planning, Sample and buying teams in North America and
other teams as necessary.

Key Qualifications:
● Graduate/PG. Preference will be work experience in retail industry with working knowledge in supply chain
● Analytical, advanced Excel, problem solving skills,eye to detail.
● Data management and interpretation using statistical concepts
● Strong planning and operational skills
● Proficiency in Excel and good knowledge of other MS Office tools
● Team player with strong collaboration skills.
● Highly motivated and committed to the development of high-quality work
● Excellent communication skills to liaise effectively with vendors and internal teams.

Role Description:
● Process purchase orders (POs) accurately and timely using relevant tools.
● Coordinate with vendors and suppliers to confirm order details, delivery schedules, and resolve discrepancies.
● Prioritize orders based on urgency, business needs, and service level agreements (SLAs).
● Collaborate with Planners,Buyers and other relevant stakeholders to manage Replenishment inventory through accurate
forecasting and rectifying all relevant components to achieve department-in-stock goals.
● Has the concept/grasp of Stock-store Minimums/Presentation minimum, Maximums, Safety stock, Review Time, Lead time,
Store to store transfers etc. 
● Stock Balancing: Maintain in-stock goals through effective product distribution. Analyze sales history and trends to maximize
sales potential by developing allocation strategies that maintain proper store inventory levels.
● Provide regular reports on order status, vendor performance, and operational metrics.

Your Life and Career at Saks:
● Exposure to rewarding career advancement opportunities.
● Benefits package for all eligible full-time employees (including medical, vision and dental).
● A culture that promotes a healthy, fulfilling work/life balance 

Thank you for your interest in Saks. We look forward to reviewing your application.

     

Saks provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability
or genetics. In addition to federal law requirements, Saks complies with applicable state and local laws governing nondiscrimination in employment in every location in which
the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer,

leaves of absence, compensation and training.

Saks welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon

request in relation to the materials or processes to be used.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Top Skills

Excel
MS Office

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