Circuit of The Americas (COTA) is looking for a Merchandise Buyer/Product Development Manager to manage the end-to-end product lifecycle for COTALAND merchandise and apparel, ensuring a brand-aligned, high-quality product assortment that maximizes sales, margin, and inventory efficiency for the new amusement park.
Requirements
- Proficient in Microsoft Excel (for analysis and OTB management)
- Familiarity with design tools (such as Adobe Illustrator)
- Familiarity with inventory/buying systems
- Strong analytical skills
- Proven negotiation and vendor relationship management skills
- Excellent attention to detail and project management capabilities
- Ability to work independently and cross-functionally in a dynamic, fast-paced, on-site environment.
Responsibilities
- Develop and manage merchandise—including apparel, accessories, souvenirs, and specialty items—from initial creative concept through final production and delivery.
- Research and source new materials, components, and suppliers to support product innovation and ensure cost efficiency and quality standards.
- Track product development milestones, manage the sample review and approval process (ensuring adherence to design intent, fit, color, and quality), and maintain accurate documentation (tech packs, style sheets, cost analyses).
- Develop and execute comprehensive merchandise strategies and open-to-buy (OTB) budgets to meet financial objectives for sales, margin, and inventory turnover.
- Analyze sales data, market trends, and customer insights to accurately forecast demand and inform purchasing decisions and product assortments.
- Identify, evaluate, and source merchandise and manufacturers globally.
- Monitor and manage inventory levels to avoid overstock or stockouts, and proactively manage replenishment, markdowns, and product flow.
Other
- 5+ years of combined, progressive experience in buying, merchandise planning, and product development, ideally within retail, sports, entertainment, or branded consumer goods.
- Bachelor’s degree in Merchandising, Product Development, Business, Supply Chain, or a related field.
- Stay informed on competitor activity, consumer behavior, and industry trends by attending trade shows and market appointments to identify growth opportunities.
- Drives the team and the organization for results, demonstrating the ability to make timely and planned decisions appropriate to the circumstances.
- Responds quickly and effectively to changing trends and circumstances, embracing change and adjusting strategy accordingly.