Buyer
Duties & Responsibilities:
- Establish and maintain vendor relationships, including negotiating contract terms, managing costs (products/shipping), and addressing exclusivity or exit strategies to align with financial goals and organizational strategy.
- Prepare and issue purchase orders by verifying specifications, pricing, and procurement of raw materials, labels, packaging, and components.
- Communicate with vendors and suppliers to request quotations and follow up on outstanding purchase orders.
- Collaborate with local and international vendors to address purchase needs, product quality concerns, and order updates, coordinating with internal teams as necessary.
- Identify and source new materials and vendors to meet operational requirements.
- Research and interview vendors to evaluate product availability, pricing, and sales terms.
- Conduct inventory reviews and analyses, utilizing computer systems to manage purchase order processing.
- Assess market and delivery systems to evaluate current and future material availability.
- Place routine orders based on usage trends, track shipments, and monitor order status to ensure timely delivery.
- Maintain accurate records of materials, pricing, and vendor information.
- Work closely with Sales, Project Managers, and R&D teams on new product development, addressing material status and Bill of Materials (BOM) issues.
- Analyze and summarize purchasing data and market trends to support planning and decision-making.
- Verify purchase requisitions by reviewing requests, clarifying unclear items, and suggesting alternatives when necessary.
- Coordinate shipments and perform other duties as assigned by management.
- Negotiate and establish favorable credit terms and limits with vendors.
- Stay updated on industry knowledge through educational opportunities.
- Support organizational goals by achieving purchasing objectives and completing related tasks as required.
Qualifications:
- 5+ years' minimum experience in Beauty Buying, preferably in color cosmetics, or personal care industry.
- Experience working with cosmetic Beauty brands
- Ability to drive growth in an entrepreneurial environment
- Experience with Excel and Google Sheets (can perform complex functions)
- Experience with MPI (Market Price Index), Vendor management, and negotiation
- Bachelor's Degree or equivalent work experience
- Willingness to work onsite Monday through Friday
- Exceptional strong negotiating skills
- Enthusiastic about negotiation, purchasing, and buying, with a strong interest in the beauty industry and color cosmetics.
- Excels in managing multiple projects in fast-paced environments.
- Works effectively both independently and with cross-functional teams.
- Proficient: Skilled in Excel, project timelines, and trackers.
- Experience with Influencing decisions, building trust, and driving urgency on priorities. Understanding of e-commerce architectures, user interfaces, and back-end processes. Familiarity with Shopify or other large-scale e-commerce platforms
- Ability to measure and report on the performance of marketing campaigns, gain insights, and assess against goals
- Ability to thrive in a fast-paced environment and accommodate demanding project schedules
- Knowledge of digital marketing, particularly mobile, email marketing, and segmentation practices
Salary: $80k-$100k