Senior Buyer - Vitamins & Supplements

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 team's 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 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• Calculate, maintain and evaluate cost, pricing, and product adjustments in system to ensure desired mark-ups, 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 co-op activities that are profitable and highly effective in conjunction with Marketing• Create, review and utilize reports to enable in-depth 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 successKnowledge, Skills and Abilities:Required:• 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 deadlinesEquipment 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 plusExperience Requirements: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.Education Requirements:Bachelor’s Degree in Business, Merchandising or related field preferred, or a combination of education and equivalent work experience.#LI-ME1The anticipated pay scale for this position can be found below, however the pay range applicable to you may vary by geographic location based on where the job is located or where you work. The final pay offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and years of experience within the job, the type of years and experience within the industry, education, etc. iHerb, LLC is a multi-state employer and this pay scale may not reflect positions that work in other states or locations.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 company’s 401(k) plan. Employees will also be eligible for Time Off and Paid Sick Leave pursuant to the company’s 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.com.Anticipated Pay Scale:$84,957—$173,775 USDStaffing Agency Submission NoticeiHerb 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 staffingvendors@iherb.com. 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 iHerbiHerb is on a mission to make health and wellness accessible to all. We offer Earth’s best-curated selection of health and wellness products, at the best possible value, delivered with the most convenient experience.We’re the world’s largest eCommerce platform dedicated to vitamins, minerals, and supplements, and other health and wellness products. For more than 25 years, we’ve 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 50,000 products, from over 1,800 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 SimplicityiHerb BenefitsAt 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 benefits list, visit www.iHerbBenefits.com. For our international team members, you may be eligible for benefits depending on the country where you are employed. The Talent Acquisition Partner/local HR representative will go over the benefits you 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.