Local Eclectic is a 10 year old international e-commerce jewelry brand based in Chicago. We sell jewelry from emerging and independent jewelry designers from across the globe and have a handful of in house brands that we design and manufacture in house. We’re a social first brand that has built an authentic community of brand loyalists. We are dedicated to providing a best in class customer experience and offering exceptional, unique and one of a kind products. We are passionate about creating and selling high quality jewelry that is accessible to everyone. At Local Eclectic, we believe that every piece of jewelry is a work of art, a symbol of personal expression, and a connection to something greater; jewelry tells our story. Our mission is to inspire creativity and empower women and this is woven into every aspect of our business.
Our brand has grown rapidly over the past few years, and we are looking for a creative, entrepreneurial, self-starter to join our team as the Junior Buyer and Analyst. We offer competitive benefits and a hybrid schedule. This role is based in Chicago and will report to the Director of Operations.
As a Demand Planner and e-commerce analyst, you will support all buying and inventory management activities, demand planning, pricing and margin analysis, general reporting and cross departmental data analysis.
Responsibilities:
Inventory Management / Buying:
Build and maintain relationships with manufacturers and design partners
Forecast, place orders and ensure timely delivery of products
Own the discontinue process, including identifying items close to the end of their life cycle and should not be reordered
Own inventory reporting
Weekly demand planning and reporting
Implement inventory strategies to optimize stock turnover and maintain optimal weeks of supply across all skus
Pricing and Margin Analysis:
Assist in setting competitive pricing strategies while maintaining healthy profit margins
Analyze overall sales and profitability on a daily, weekly, monthly, yearly and YOY basis
Reporting:
Prepare regular reports on sales performance, inventory levels, pre-defined KPIs and market trends to help improve all areas of the business
Proactively identify areas for improvement and make recommendations for adjustments to buying strategies based on data analysis
Provide analytical support and easily digestible reports to internal teams to help track performance at the product level and make recommendations for optimizations
Monitor competitors activities, pricing strategies and product offerings and assortment to identify opportunities for growth
Market and Data Analysis:
Conduct occasional market research and customer surveys to identify emerging trends, customer preferences, and consumer brand feedback
Analyze sales data and customer feedback to gain insights into product performance and make data-driven buying decisions
Analyze sales trends and historical data to identify trends, patterns and opportunities for improvement across all aspects of the business and our product assortment and inventory levels
Assist marketing team by building customer segmentation to help enhance marketing efforts
Assist marketing team by analyzing customer feedback and reviews to identify areas for improvement and customer satisfaction enhancements
Qualifications:
Bachelor's degree in Business, Marketing, Analytics, or a related field
3-4 years of experience within this job function in a retail and/or e-commerce environment
Strong analytical mindset with proficiency in data analysis tools and techniques
Excellent communication skills to convey complex data insights to non-technical stakeholders
Self motivated with the ability to identify problems and solutions with minimal direction
Ability to manage multiple projects simultaneously and balance priorities independently
Detail-oriented and highly organized
Enthusiasm for the jewelry industry and a passion for delivering exceptional customer experiences
Knowledge of e-commerce platforms and digital marketing is a plus
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Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Management and Manufacturing
Industries
Internet Publishing
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