E-Commerce Specialist (Purchasing/Sourcing)

H Mart•Carlstadt, NJ

3d•$73,550 - $118,600•Onsite

About The Position

The E-Commerce Specialist will be responsible for identifying and sourcing new products and suppliers, negotiating terms with vendors, and managing supplier relationships. This role involves monitoring inventory levels, forecasting demand, and collaborating with various teams to ensure efficient operations and alignment with market demands. The specialist will also work with logistics partners and ensure accuracy in order fulfillment.

Requirements

Understanding of e-commerce sourcing and vendor management
Familiarity with inventory management systems
Knowledge of inventory management and demand planning
Communication skills, both written and verbal
Microsoft Office

Nice To Haves

Bachelor's degree preferred (not required)
At least 4-5 years of relevant sourcing/purchasing experience preferred
Vendor negotiation experience preferred
Experience with E-commerce Platforms preferred
Interest in e-commerce and retail trends
Bilingual in English and Korean preferred

Responsibilities

Identify and source new products or suppliers to expand product offerings and improve competitiveness.
Negotiate pricing, terms, and agreements with vendors to ensure cost-effectiveness and quality standards.
Maintain strong relationships with existing suppliers and evaluate their performance regularly.
Monitor inventory levels and collaborate with the operations team to ensure adequate stock levels to fulfill customer orders.
Forecast demand and plan inventory replenishment strategies to avoid stockouts and minimize excess inventory.
Optimize inventory turnover and storage costs while maintaining product freshness and quality.
Ensure accuracy in order quantities, pricing, and delivery schedules while adhering to budget constraints.
Collaborate with logistics partners to facilitate timely delivery and shipment tracking.
Work closely with the marketing and sales teams to align sourcing strategies with market demands and promotional activities.