Senior Buyer

iHerb, LLC • Irvine, CA

16d • $84,957 - $140,000

About The Position

At iHerb, we believe that living a healthy and balanced life should be easy and accessible to everyone. As a team member, we’ll empower you to live this promise each day as you make a truly global impact in your career. We constantly strive for innovation, while transforming and improving the online shopping experience for our customers. We believe that individually we are incredible, but when we come together, our growth is infinite. In an industry that is constantly evolving, we are on a mission to make an impact on the global market, and the individual and collaborative efforts of our people are paramount to helping us succeed. Whether you work in one of our logistics centers, technology hubs, corporate offices or even from home, your role at iHerb will take you beyond what’s expected, turning challenge into change. If you're ready for it, we want you to join our team. Get started now.

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 five (5) 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.

Nice To Haves

• Experience with Google Business Suite (Gmail, Drive, Docs, Sheets, Forms)
• WMS, EDI, SAP, Tableau experience a plus

Responsibilities

• Evaluating, curating, pricing, promoting, and growing the brands/products in their assigned category.
• Cultivating strong vendor partnerships that result in mutually beneficial opportunities.
• Sourcing new suppliers and managing assortment relevant to category, trend, and team objectives.
• Collaborating with hiring, managing, developing, and mentoring Assistant Buyers.
• Making merchandising decisions for large volume accounts.
• Working closely with the Category Manager and team to ensure alignment 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.
• Negotiating with vendors to secure exceptional everyday pricing, marketing & promotional budgets, special opportunity buys, growth incentives including rebates and accruals, delivery, and payment terms for large volume accounts.
• Fostering relationships with large 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.
• Driving the new product/brand onboarding and maintenance process to ensure timely addition to market.
• Calculating, maintaining and evaluating cost, pricing, and product adjustments in system to ensure desired mark-ups, margin.
• Partnering/Coordinating 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.
• Developing promotional co-op activities that are profitable and highly effective in conjunction with Marketing.
• Creating, reviewing and utilizing reports to enable in-depth analysis of category successes/challenges.
• Complying with company policies and procedures, including safety, business ethics, and standards of conduct.
• Cultivating, directing and supporting Assistant Buyers; enabling them to further develop and grow with tools for success.

Benefits

• The actual base pay offered will be determined by factors such as the candidate's relevant experience, education, geographic location, and internal equity.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior