Summary
About this role
Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.
JOB MISSION:
As a Marketplace Buyer, you will lead the marketplace strategy for New Balance by curating seasonal assortments, managing inventory, and driving data-informed buying decisions. Your mission is to optimize product visibility, pricing, and promotions across online platforms, ensuring seamless launches and strong collaboration with cross-functional teams to enhance sales, profitability, and brand presence.
MAJOR ACCOUNTABILITIES:
Product Assortment: Curate and develop a well-balanced seasonal assortment that meets with the brand strategy and market trends, while establishing a balanced price structure and model mix on designated marketplaces that align with New Balance’s brand standards.
Buying: Responsible for collect data from partners to forecast demand on SKU level, ensuring styles are covered in depth and width to backfill and extend ranges in Partner Program. Aligning buy volumes with sales trend and market demand.
Market research: Conduct market research to stay informed about consumer preferences, emerging trends, and competitive offering, while ensuring brand protection and finding opportunities for assortment optimization and strategic growth within our partners.
Inventory Management: Collaborate with the Planning team to maintain appropriate stock levels throughout the season. Ensure timely replenishment of products on marketplaces at end-of-season transitions to meet customer demand. Supervise inventory turnover, sell-through rates, and make data-driven decisions to manage stock levels optimally. Proactively address stockouts or overstocks considering full DTC channels and our profitability.
Sales Analysis: Regularly analyse sales performance identifying areas of growth and improvement. Use sales data to make informed decisions about product assortment, pricing, and promotional strategies.
Seasonal Planning: Plan and complete seasonal product launches, ensuring that new collections are well-timed, well-stocked, adequately promoted in coordination with brand guidelines and partners’ plans.
Working closely with the Channel Merchandising team, providing relevant in-season and pre-season feedback covering product performance, customer preferences, market demand and future opportunities.
Cross-Functional Communication: Maintain clear and effective communication with colleagues and stakeholders such as planning, retail and digital marketing, ecommerce, marketplace, allocation, operations and demand planning to ensure seamless execution of merchandising strategies.
Budgeting and Forecasting: Participate in budget planning and forecasting for the marketplace channel, ensuring that financial goals are met, and profitability is increased.
REQUIREMENTS FOR SUCCESS:
Proven years of experience in similar role in merchandising/buying or product role.
Passion for product and aware of trends.
Clear understanding of DTC performance measures, marketing activations, and retail/digital world.
Sound business and commercial competence.
Excellent interpersonal and time management skills.
Team player with strong communication skills and the ability to network and build strong relationships with stakeholders.
Strong analytical skills.
Solid understanding of Microsoft Office.
BENEFITS:
Discretionary Bonus Opportunity
Discount on the health insurance
8% holiday allowance
Flexible Working Hours
Pension Scheme
25 days Annual Leave per year
Up to €300 travel allowance each month
Hybrid working
On-Site Gym
Employee Discount
Work from-home allowance
Home working equipment
Sports Subscription Services
Opportunity to work from anywhere for up to four weeks per year
Wellbeing and Mental Health Benefit (24/7 Employment Assistance Program & Support
Equal Opportunity Employer:
New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion.
If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.
Other facts
About New Balance
In 1906, New Balance began as a humble one-man operation founded on the belief that “we were born to move,” and has since grown into an international corporation, selling footwear and apparel in over 120 countries and employing over 14,000 associates worldwide. Our mission has always been to support the performance of athletes, and with an unparalleled focus on quality and craftsmanship, we’ve come to set the standard for comfort and fit in an industry all too often driven by hype.
We’re incredibly proud of our history and how far we’ve come, but companies don’t thrive for over a century by being content.
Whether it’s setting a new style trend, retooling our manufacturing process, or building a new state-of-the-art headquarters, we pursue innovation with a spirit of fearless independence. As the only privately held major footwear company in the world, we’re free to do things our way, pushing limits and testing boundaries as we continually reimagine what could be. After all, the status quo isn’t static.
But doing things our way wouldn’t mean much if we weren’t also doing them the right way. We invest in our associates as they invest in us, and as we move forward, we make a point of giving back, supporting communities around us through ambitious philanthropic efforts and involvement programs. We are a company that cares, and our culture is one of integrity and teamwork where together we become greater than the sum of our parts.
What you'll do
- The Marketplace Buyer will lead the marketplace strategy by curating seasonal assortments, managing inventory, and driving data-informed buying decisions across online platforms. This role involves optimizing product visibility, pricing, and promotions while ensuring seamless launches through strong cross-functional collaboration to boost sales and profitability.
Ready to join New Balance?
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