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Health and Supplements Buyer
2 months ago
We are seeking an experienced and driven Health and Supplements Buyer to join our team at The Source and Recruit Company. As a key member of our procurement team, you will be responsible for sourcing and managing a diverse product portfolio within the health and wellness category.
Key Responsibilities- Product Sourcing and Development: Identify, source, and develop high-quality health and supplement products that meet company standards and regulatory requirements. Collaborate with suppliers to introduce exclusive products.
- Vendor Management: Cultivate and maintain strong relationships with suppliers. Negotiate terms, pricing, and contracts to maximize value while ensuring product quality.
- Market Analysis: Conduct market research to stay abreast of industry trends and customer demands, using insights to guide product selection and assortment development.
- Inventory Management: Oversee inventory levels and collaborate with the inventory team to forecast demand, plan reorders, and ensure optimal stock availability.
- Sales and Profitability: Analyze product performance metrics and make informed decisions on promotions, markdowns, and product discontinuations to meet sales and profitability targets.
- Collaboration: Partner with the marketing, sales, and e-commerce teams to develop compelling product presentations and promotional strategies that engage customers and drive sales.
- Compliance: Ensure all products meet health and safety standards, regulatory requirements, and company guidelines, while staying informed of any industry regulation changes.
- Bachelor's degree in Business, Marketing, or a related field.
- 3-5 years of experience in buying or product management, preferably in health and supplements.
- Strong vendor management and negotiation skills.
- Knowledge of health and supplements industry trends and regulatory requirements.
- Proficiency in data analysis to support informed purchasing decisions.
- Strong communication and interpersonal skills.
- Ability to thrive in a fast-paced environment and juggle multiple priorities.
- Experience in e-commerce or home shopping retail environments.
- Familiarity with global sourcing and supply chain management.
- 100% company-paid employee-only medical, dental, vision, and life insurance.
- 4% 401(k) matching.
- Company profit sharing (twice annually).
- Up to 15 days of PTO and vacation time, maternity/paternity leave, company-paid short- and long-term disability.
- Paid volunteer time, 7 paid holidays, and paid training.
- Corporate discounts, employee sales, and an Employee Assistance Program.
- Tuition reimbursement and scholarships for dependents.
- A supportive, dynamic work environment with opportunities to learn and grow through meaningful projects.
