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Brea

    Purchasing Management Specialist - Brea, United States - Yamibuy

    Yamibuy
    Yamibuy Brea, United States

    2 weeks ago

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    Description
    Brea, United States

    | Posted on 02/29/2024

    The Purchasing Specialist who is responsible for planning, sourcing, and purchasing all products within the assigned category(ies); will have end-to-end ownership of a category of our products.


    Daily functions include sourcing new vendors, building and managing vendor relations, negotiating costs and terms, maintaining existing product lines, and setting up new product lines respectively.

    He/she will also interact with our marketing and promotion teams to come up with pricing and selling plans and make decisions on how to scale and expand our customer base and drive GMV growth and margins.

    The goal of our merchandising team is to drive GMV and customer growth while maintaining healthy margins. This position will require bilingual skills to communicate and negotiate with both domestic and international vendors.

    Job Responsibilities:
    Sourcing & Procurement
    Generate purchase orders, follow up with POs, confirm the status and ensure delivery daily

    Source and develop new vendors, craft negotiation strategies and terms on price, payment, and lead time, and close deals with optimal terms

    Source and develop new products in Asian Food segments based on various factors such as customer demands, price, quality, availability, market trends, and team budgets

    Strategy and Analytics

    Develop, lead, optimize, and execute category sourcing and purchasing strategies

    Use data and multiple dimension metrics to improve KPIs for inventory level, inventory allocation, turnover, and cash flow

    Forecast price, analyze customer buying patterns and market trends to identify and optimize product assortment, pricing as well as changes of balance in buyer-supplier power

    Customer-driven, ability to reflect business from the customer side, and increase customer experience through everyday work

    Effectively communicate results of KPIs & root cause analysis with the management team and lead corrective action implementation in areas where performance is not meeting expectations

    Manage and maintain good vendor relationships and performance by deploying a standard set of metrics to improve vendors' performance including fill rate, lead time, OSHA requirements, etc

    Ability to maintain perspective and confidence in face of difficult price negotiations, exceptionally tight deadlines, and expectations

    Partner with cross-functional teams on platform promotions, marketing allocation, mark-downs, payments terms, and other special requests

    Other Job tasks as assigned

    Qualification and Requirement:
    Bachelor's Degree

    1+ years of purchasing and or vendor management experience in retail or related industries

    Demonstrated enthusiasm for Asian Japanese foods/grocery/snack/drink products and understanding of respective customers

    Excellent negotiation and persuasion skills in English &

    mastery of Japanese

    is required

    Communication in Chinese Mandarin is a plus

    Analytical thinker with a positive attitude and flexibility to accommodate evolving business needs

    Excellent attention to detail, self-starter with the ability to learn, grow and adapt quickly

    Decision-Making:
    Must be able to assimilate the information gathered by yourself and others (internal & external) to make sound and timely decisions

    Benefits & Compensation:

    401(k) matching

    Health insurance

    Vision insurance

    Paid time off (PTO): vacation, sick, and holidays

    #J-18808-Ljbffr
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