Lauren Schumann
** ****** ****** *******, ** ****6
516-***-**** home 516-***-**** cell
******.********@*****.***
Objective
Seeking a position in a dynamic organization where I can contribute my acquired skills through effective merchandising, superior product knowledge and excellent vendor relations.
Qualifications
• Highly experienced jewelry buyer with an extensive background in fine and designer jewelry
• Reputation for identifying trends
• Known for impacting sales by developing eye-catching merchandise with attention to exclusives,
price, and quality
• Extensive professional background of international and regional travel
• Self motivated leader with a strong work ethic
Experience Summary
Jewelry Consultant 2009-Present
• Worked with Designers and Privates such as Charles Krypell, Jordan Scott and Esther Fortunoff
• Merchandised jewelry assortments for 100 plus retailers
• Assisted with product development
• Organized and attended Trunk Shows
• Participated in Trade Shows; Domestic and Abroad
Fortunoff, Uniondale NY
Buyer Stone Necklaces and Bracelets (1998-2009)
• Responsible for $20 million in sales
• Analyzed sales to stock ratio on a weekly basis
• Responsible for implementing a basic jewelry assortment for a 47 store chain
• Maximize gross profit margins through strategic product pricing
• Increased gross margin by 5.5% in stone necklaces, 4.5% in stone bracelets
• Analyzed productivity of vendors to determine vital seasonal decisions
• Successfully negotiated terms, discounts and RTV’s with vendors
• Conducted regular meetings to communicate sales goals, and report financial figures to corporate offices
• Responsible for buying Designer Collections and coordinated Designer Trunk Shows
• Worked with merchandisers to maximize square footage
• Supervised 2 assistants
• Responsible for the assortment of merchandise for print ads, seasonal catalogs, model shoots and the internet
Buyer Sterling Silver and Fashion
• Responsible for $10 million in sales
• Maintained the OTB
• Analyzed sales to stock ratio
• Buy merchandise according to department needs and market trends
• Product development to maximize revenues and profit margins
• Responsible for receiving, retailing and distribution of merchandise
• Negotiated terms, discounts and RTV’s with suppliers
• Conducted seminars with store managers and sales associates for training of new product
• Competitive shop our competition to ensure we offered the best value and quality
Co-Buyer Sterling Silver
• Assisted with product selection
• Maintained the OTB with colleague
• Entered and tracked purchase orders to ensure timely delivery
• Responsible for balancing inventory levels throughout the company
• Conducted Fashion Trend Seminars
Assistant Buyer Sterling Silver and Men’s Jewelry
• Reported to the senior buyer in all functions of buying
• Responsible for distribution of merchandise throughout the branches
• Listing of the OTB
• Responsible for all customer inquiries and working directly with the vendors
• Worked with the merchandisers setting up displays in each location
Bonwit Teller Manhasset, NY
Assistant Manager Design Collections Safari
• Maintain consistent merchandise presentation standards
• Directly supervise and oversee employees working in my department
• Address and resolve employee/customer issues
• Schedule employees
• Prepare returns to vendors
• Sales
Education
Berkeley School of Business, Hicksville NY
Associates Degree, Fashion Merchandising and Buying
Honors
• Max Award 2008 Highest Gross Margin Increase
• Max Award 2006 Increased Sales to 18.5 million, which was 7% over previous year