Buyer, Beauty

iHerb • Irvine, CA

11d • Remote

About The Position

The Buyer is responsible for evaluating, curating, pricing, promoting, and growing the brands/products in their assigned category and cultivating strong vendor partnerships that result in mutually beneficial opportunities. In addition, the Buyer position sources new suppliers and manages assortment relevant to category, trend, and team objectives. This role is the second step in the progression of the Merchandising team's buying structure, and it is responsible for making merchandising decisions for mid-volume accounts. The Buyer will work closely with the Category Manager and team to ensure all are aligned on business strategies, short and long-term growth objectives. Directly responsible for key category metrics (KPI’s) for new and existing brands, new products, pricing, gross margin, promotions, and product life cycle while seeking opportunities for improvement Negotiate with vendors to secure exceptional everyday pricing, marketing & promotional budgets, special opportunity buys, growth incentives including rebates and accruals, delivery, and payment terms for mid-volume accounts Foster relationships with mid-volume existing/new vendors to drive sales, product innovation, margin growth, promotional support and maintain regular and consistent communication to ensure a clear understanding of short/long-term goals and capabilities Negotiation of contracts, product evaluation, quality issues, customer service questions and create and maintain supplier, product database Drive the new product/brand onboarding and maintenance process to ensure timely addition to market Calculate, maintain and evaluate cost, pricing, and product adjustments in system to ensure desired mark-ups, margin Partner/Coordinate with Inventory Management and Planning Team in managing inventory turns, vendor forecasts, new item projections, service level, order cycles, rebate and marketing programs, special opportunity buys, and general supply chain practices Develop promotional co-op activities that are profitable and highly effective in conjunction with Marketing Create, review and utilize reports to enable in-depth analysis of category successes/challenges Comply with company policies and procedures, including safety, business ethics, and standards of conduct The duties and responsibilities described above may provide only a partial description of this position. This is not an exhaustive list of all aspects of the job. Other duties and responsibilities not outlined in this document may be added as necessary or desirable, with or without notice.

Requirements

• Strong, successful and proven negotiating skills
• Strong analytical, data management and decision-making abilities
• Strong mathematical skills with an understanding of retail pricing concepts
• Ability to communicate written and verbally in a professional manner with people at all levels of the organization and external contacts
• Great attention to detail, highly organized with strong project management skills
• Ability to handle multiple tasks, problem solve and prioritize with an awareness of importance and deadlines
• Experience with Microsoft Office Suite (Word, Excel, PowerPoint)
• Generally, requires a minimum of 7 years of progressive experience in buying or directly related role with equivalent responsibilities, preferably in an e-commerce environment with natural products experience a plus
• Bachelor’s Degree in Business, Merchandising or related field preferred, or a combination of education and equivalent work experience
• Able to identify, troubleshoot and resolve problems quickly using sound judgment, poise and diplomacy
• Ability to use judgment and reasoning skills, and determine when to escalate issues, as required, in a timely manner
• The Team Member is regularly required to talk and hear.
• The Team Member is frequently required to sit, walk, climb stairs, use hands and fingers, bend, stoop and reach with hands and arms.
• Reaching above shoulder heights, below the waist or lifting as required to file documents or store materials throughout the work day.
• The Team Member may occasionally lift or move office products and supplies up to 25 pounds.
• Proper lifting techniques required.

Nice To Haves

• Experience with Google Business Suite (Gmail, Drive, Docs, Sheets, Forms) preferred
• WMS, EDI, SAP, Asana, Tableau experience a plus
• preferably in an e-commerce environment with natural products experience a plus.

Responsibilities

• Evaluating, curating, pricing, promoting, and growing the brands/products in their assigned category
• Cultivating strong vendor partnerships
• Sourcing new suppliers
• Managing assortment relevant to category, trend, and team objectives
• Making merchandising decisions for mid-volume accounts
• Ensuring alignment on business strategies and growth objectives
• Managing key category metrics (KPIs)
• Negotiating with vendors
• Fostering relationships with vendors
• Negotiating contracts
• Driving the new product/brand onboarding and maintenance process
• Calculating, maintaining, and evaluating cost, pricing, and product adjustments
• Partnering with Inventory Management and Planning Team
• Developing promotional co-op activities
• Creating, reviewing, and utilizing reports
• Complying with company policies and procedures

Benefits

• Employees (and their families) that meet eligibility criteria as outlined in applicable plan documents are eligible to participate in our medical, dental, vision, and basic life insurance programs and may enroll in our company’s 401(k) plan.
• Employees will also be eligible for Time Off and Paid Sick Leave pursuant to the company’s policies.
• Employees will enjoy paid holidays throughout the calendar year.
• Hired applicant may be awarded Restrict Stock Units and receive annual bonuses pursuant to eligibility and performance criteria defined in the respective plan documents and policies.
• At iHerb, we are dedicated to offering programs designed to help our employees and their families stay healthy, live well, and plan for their financial future.
• Built on a strong foundation, our programs provide options and upgrades with flexibility, protection, and security in mind.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees