Buyer
$70k - $80kMillion Dollar Baby Co.
Job Description
Job Description
About Million Dollar Baby Co.
Million Dollar Baby Co. started in 1990 and is proudly family-owned and operated in Los Angeles. Since then, MDB has grown to 7 distinct brands of children's furnishings ranging in style, aesthetic, and price, while carrying some of the industry's most eco-conscious and award-winning designs. We can be found in retailers like Target and Amazon, and specialty retailers like Pottery Barn Kids and Crate & Barrel.
Under the Million Dollar Baby Co. parent company are our family of brands: Babyletto, daVinci, Nursery Works, and Namesake. We're proud to offer the most Greenguard Gold–certified cribs on the market and to use FSC-certified sustainable wood across our brands whenever possible. We've also pioneered Styrofoam-free packaging for several of our best-selling collections — an innovation that reduces waste while protecting our products during shipment. At Million Dollar Baby Co., our team members are our #1 priority, and we partner with exceptional partners and retailers around the world who share our core values: • Treat Your Team Like Family — lead with respect, gratitude, empathy, and kindness.• Make an Impact, Drive Results — focus on meaningful work that moves families forward.
• Deliver a "Wow" Customer Experience Every Time — every detail matters.
• Strive for Continuous Improvement & Learning — keep growing, keep getting better.
• Cultivate Quality Conversations — communicate honestly and thoughtfully to build trust. Over the years, our commitment to people, innovation, and a positive workplace culture has earned us five consecutive "Best Place to Work" awards, one of the best workplaces by "Built in LA" , a 4.6 rating on Glassdoor , and 13 years on the Inc. 5000 Fastest Growing Companies list — recognitions that reflect the heart of who we are and the community we're proud to build. We'd love to talk to you!
About this job:
As an integral part of our Purchasing Team, you will manage our purchasing efforts with the goal of optimizing inventory at each warehouse location. You will be analyzing historical sales trends, current inventory levels and forecasted demand by SKU and its geographic location. You will need to thoroughly understand vendors' production capabilities, ordering constraints, and processes. Collaborating regularly with Logistics, Sales, Branding, and other stakeholders, you will be able to impact MDB Co. in continuous improvement initiatives through your own contributions!
What You'll Be Doing
- Take full responsibility for overseeing the lifecycle and maintenance of Stock Keeping Units (SKUs), ensuring their accuracy and compliance with internal and external standards
- Serve as the point of contact for vendors, holding accountable meetings, communications, and setting clear expectations to ensure smooth operations
- Develop and implement inventory strategies that align with company goals, optimize stock levels, and improve overall supply chain efficiency
- Monitor and manage inventory health to prevent stockouts and overstock situations, ensuring a balanced and efficient inventory
- Identify, lead, and execute projects or process improvement initiatives to enhance inventory management practices
- Effectively communicate inventory health implications both upstream and downstream within the organization, ensuring all stakeholders are informed and aligned
- Manage factory production and shipping schedules to forecast consumer buying patterns and forecast sales and inventory
- Partner with Operations team to manage and allocate incoming inventory effectively, including analyzing overstocks, understocks and inventory value and monitoring inventory flow, inventory demand, and vendor and factory production
- Collaborate with the Sales and Branding Teams on planning for retailer needs and preferences
- Act as the primary liaison and strategic intermediary with the Asia office, orchestrating and optimizing a seamless purchasing and inventory flow through collaborative cross-functional communication and coordination
- Maintain Purchase Orders (PO) and issue POs in accordance with multiple variables including lead time, demand, forecasted projects, inventory level, sales expectations, and quality control factors
What You Bring to the Table
- Positive attitude and a passion for excellent execution
- Innovative mindset
- Critical problem solving
- Strong analytical skills
- Excellent project management and organization skills to be able to work across stakeholders to push various initiatives forward
- Advanced verbal and written communication skills
- Excellent team player who is eager to learn, improve, and help others
- Strong Excel skills
California pay range
$70,000—$80,000 USD
Our Benefits:
- 100% of your health, dental and vision insurance monthly premiums paid by us!
- Flexible PTO because we respect the need for work/life harmony
- Company matching 401(k)
- Vacation reimbursement and wellness and enrichment subsidy programs
- Tuition reimbursement
- Matching charitable donations to the nonprofit organization of your choice
- Free MDB Co. swag + generous employee discount on products
At Million Dollar Baby Co., we're passionate about diversity and welcome applicants from all backgrounds. Our diversity, inclusion and equity committee (DIEC) strives to break barriers for minority communities, help educate the company on pertinent topics, and work to ensure equal opportunities for existing and potential employees. Since its formation in 2020, our committee has focused on multiple areas, some include hiring, community involvement and continuous learning about Diversity, Inclusion and Equity.
Million Dollar Baby Company is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application and/or recruitment process.
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