Supplement Buyer
Job Title: Supplement Buyer
Job Summary: We are seeking a dynamic and experienced Supplement Buyer to join our procurement team. This role will focus on sourcing and purchasing supplements for our liquidation channel, ensuring we offer high-quality products at competitive prices. The ideal candidate will have a strong background in procurement, excellent negotiation skills, and a deep understanding of the supplement industry.
Key Responsibilities:
- Strategic Sourcing: Develop and implement sourcing strategies for the supplement category to ensure a reliable supply chain and cost-effective procurement.
- Supplier Management: Identify, evaluate, and manage relationships with suppliers, ensuring they meet quality standards, delivery schedules, and cost targets.
- Contract Negotiation: Negotiate contracts and agreements with suppliers to secure the best terms and conditions, including pricing, delivery, and payment terms.
- Market Analysis: Conduct market research and analysis to stay informed about industry trends, pricing fluctuations, and new product developments.
- Inventory Management: Monitor inventory levels and coordinate with internal teams to ensure optimal stock levels and timely replenishment of supplies.
- Quality Assurance: Collaborate with quality assurance teams to ensure all purchased products meet the organization's quality standards and regulatory requirements.
- Cost Control: Analyze and manage procurement budgets, identifying opportunities for cost savings and efficiency improvements.
- Cross-Functional Collaboration: Work closely with other departments, such as marketing, sales, and finance, to align procurement activities with organizational goals.
- Reporting: Prepare and present regular reports on procurement activities, supplier performance, and cost savings to senior management.
Qualifications:
- Education: Bachelor's degree in Supply Chain Management, Business Administration, or a related field. A Master's degree or professional certification (e.g., CPSM, CPIM) is a plus.
- Experience: Minimum of 3-5 years of experience in procurement, with a focus on the supplement category. Experience in the fashion and apparel industry is a plus.
- Skills: Strong negotiation, analytical, and problem-solving skills. Excellent communication and interpersonal abilities. Proficiency in procurement software and Microsoft Office Suite.
- Knowledge: In-depth knowledge of procurement processes, supplier management, and contract negotiation. Familiarity with supplement regulations and industry standards.
Personal Attributes:
- Detail-Oriented: Meticulous attention to detail and a commitment to accuracy.
- Proactive: Ability to anticipate and address potential issues before they become problems.
- Team Player: Collaborative mindset with the ability to work effectively in cross-functional teams.
- Adaptable: Flexibility to adapt to changing priorities and business needs.
Benefits:
- Competitive salary and performance-based bonuses
- Comprehensive health, dental, and vision insurance
- Retirement savings plan with company match
- Paid time off and holidays
- Professional development opportunities
FAQs
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