Senior Buyer - VMS
Senior Buyer - VMS
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Job Description
Job Summary:
The Senior 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 Senior Buyer position sources new suppliers and manages assortment relevant to category trend and team objectives. As a leader the Senior Buyer may collaborate with hiring managing developing and mentoring Assistant Buyers. This role is the third step in the progression of the Merchandising teams buying structure and is responsible for making merchandising decisions for large volume accounts.
Job Expectations:
- The Senior Buyer will work closely with the Category Manager and team to ensure all are aligned on business strategies short and longterm growth objectives.
- Directly responsible for key category metrics (KPIs) 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 large volume accounts
- Foster 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/longterm 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 markups 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 coop activities that are profitable and highly effective in conjunction with Marketing
- Create review and utilize reports to enable indepth analysis of category successes/challenges
- Comply with company policies and procedures including safety business ethics and standards of conduct
- May cultivate direct and support Assistant Buyers; enabling them to further develop and grow with tools for success
Knowledge Skills and Abilities:
Required:
- Strong successful and proven negotiating skills
- Strong analytical data management and decisionmaking 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
Equipment Knowledge:
- Experience with Microsoft Office Suite (Word Excel PowerPoint)
- Experience with Google Business Suite (Gmail Drive Docs Sheets Forms) preferred
- WMS EDI SAP Asana Tableau experience a plus
Experience Requirements:
Generally requires a minimum of five 5 years of progressive experience in buying or directly related role with equivalent responsibilities preferably in an ecommerce environment with natural products experience a plus.
Education Requirements:
Bachelors Degree in Business Merchandising or related field preferred or a combination of education and equivalent work experience.
#LIME1
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 companys 401(k) plan. Employees will also be eligible for Time Off and Paid Sick Leave pursuant to the companys policies. Employees will enjoy paid holidays throughout the calendar year. Eligibility requirements for these benefits will be controlled by applicable plan documents.
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.
For more information on iHerb benefits visit us at iHerbBenefits.
Anticipated Pay Scale:
$84957 $173775 USD
Staffing Agency Submission Notice
iHerb does not accept unsolicited 3rd party (Agency) candidates. If you are an Agency please send any requests to be considered as a supplier in our Vendor Management System to . Do not contact iHerb employees directly. If requested to work on a role any Agency candidates would be presented through the internal recruiting organization.
About iHerb
iHerb is on a mission to make health and wellness accessible to all. We offer Earths bestcurated selection of health and wellness products at the best possible value delivered with the most convenient experience.
Were the worlds largest eCommerce platform dedicated to vitamins minerals and supplements and other health and wellness products. For more than 25 years weve been making it simple for people all over the world to purchase the highest quality products. From supplements to skincare to grocery items we ship over 50000 products from over 1800 brands direct to our customers in 180 countries.
Our vision is to become the #1 destination for health and wellness across the world.
With a passion for wellness and a mind for innovative solutions iHerb team members share a vision for a healthier world that drives them each day. Our 5 Shared Values unite our global team:
Focus on the Customer Empower Our People Be Entrepreneurial & Pivot Quickly
Embrace Diversity & Inclusion Strive for Simplicity
iHerb Benefits
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. For the comprehensive benefitslist visitwww.iHerbBenefits.For our international team members you may be eligible forbenefitsdepending on the country where you are employed.TheTalent Acquisition Partner/local HR representative will go over thebenefitsyou are eligible for.
iHerb is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or veteran status. iHerb provides equal employment opportunities to all applicants for employment and prohibits discrimination and harassment.
Required Experience:
Senior IC
Employment Type
Full Time
