Buyer – Health & Supplements

About the Role

Shop LC, an electronic retailer of jewelry and lifestyle products, is seeking an experienced and dynamic Buyer for Health & Supplements to join our merchandising team. This role is based in Austin, Texas, and is part of a global organization with a strong commitment to community and environmental sustainability.

Responsibilities

• Product Sourcing & Development: Identify and source high-quality health and supplement products, ensuring they meet company standards and regulatory requirements. Collaborate with suppliers to develop exclusive products for Shop LC.
• Vendor Management: Build and maintain strong relationships with existing and potential suppliers. Negotiate terms, pricing, and contracts to maximize value for the company while maintaining product quality.
• Market Analysis: Conduct market research to stay updated on industry trends, customer preferences, and competitive offerings. Use insights to make informed buying decisions and develop the product assortment.
• Inventory Management: Monitor and manage inventory levels to ensure optimal stock availability. Work closely with the inventory team to forecast demand and plan reorders.
• Sales & Profitability: Analyze sales data and performance metrics to evaluate the success of product lines. Make recommendations for product promotions, markdowns, and discontinuations to achieve sales and profitability targets.
• Collaboration: Work closely with the marketing, sales, and e-commerce teams to develop effective product presentations and promotions that drive customer engagement and sales.
• Compliance: Ensure all products meet health and safety standards, regulatory requirements, and company guidelines. Stay informed about changes in industry regulations and ensure timely implementation.

Qualifications

• Bachelor’s degree in Business, Marketing, or a related field.
• 3-5 years of experience in buying or product management, preferably in the health and wellness or supplements category.
• Strong negotiation and vendor management skills.
• In-depth knowledge of the health and supplements industry, including current trends and regulatory requirements.
• Proficiency in using data analysis tools and software to make informed buying decisions.
• Excellent communication and interpersonal skills.
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities.

Preferred Qualifications

• Experience in e-commerce or home shopping retail environments.
• Familiarity with global sourcing and supply chain management.

Physical Requirements

• Prolonged periods of sitting at a desk and in front of a monitor/computer screen.
• Must be able to lift up to 20 pounds at times with reasonable accommodation.

Benefits

• 100% Company paid, employee-only medical, dental, vision, and life insurance.
• 4% 401(k) matching ME Profit Share.
• Up to 15 days of PTO & vacation time, maternity/paternity leave, company-covered short-term & long-term disability, paid training time, paid volunteer time, 7 paid holidays.
• Corporate discounts, employee sales, Employee Assistance Program.
• Tuition reimbursement and scholarship (for dependents going to college).
• A great work environment, where you will learn, be challenged/supported, and given projects that reflect your interests, and you can own/take pride in!

Shop LC is part of Vaibhav Global Limited (VGL), a publicly listed company in India, with retailing units in the UK (Shop TJC) and Germany (Shop LC, Germany). We are committed to supporting our community through our Your Purchase Feeds… program, which provides meals to school-going children in need, and to protecting the environment by reducing our carbon footprint and becoming net zero by 2030.