Purchasing Buyer, Senior
$84.96k - $130kiHerb, LLC
We constantly strive for innovation, while transforming and improving the online shopping experience for our customers. 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. 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. 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 team's buying structure, and is responsible for making merchandising decisions for large volume accounts.
The Senior 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 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/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
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
Comply with company policies and procedures, including safety, business ethics, and standards of conduct
May cultivate, direct and support Assistant Buyers; Other duties and responsibilities not outlined in this document may be added as necessary or desirable, with or without notice.
Strong analytical, data management and decision-making abilities
Great attention to detail, highly organized with strong project management skills
Equipment Knowledge:
Experience with Microsoft Office Suite (Word, Excel, PowerPoint)
Experience with Google Business Suite (Gmail, Drive, Docs, Sheets, Forms) preferred
WMS, EDI, SAP, Tableau experience a plus
Generally requires a minimum of seven (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.
#The actual base pay offered will be determined by factors such as the candidate's relevant experience, education, geographic location, and internal equity.
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.
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