Purchasing Analyst

Job Summary: 
The Purchasing Analyst is responsible for assisting in the development of procurement & pricing strategies over multiple categories. This pivotal role will support the analysis of incoming proposals, vendor initiatives, cost scenarios and involve heavy interaction with cross-functional groups within the organization.                                   
 
Job Expectations:
  • Collaborate with Purchasing, Finance, FP&A, Operations, and Information Technology teams on pricing, inventory and operational processes to support day-to-day and growth initiatives
  • Provide direction and analysis to the Purchasing team on pricing, margins, orders, inventory, performance/KPI’s
  • Identify overages/shortages, slow selling, excess, aged, and obsolete items and provide recommendations to improve inventory efficiency
  • Identify opportunities and deploy solutions to enable purchasing and planning teams to execute processes faster and more efficiently
  • Prepare and maintain historic and current YTD supplier spend reports for use in developing sourcing strategies and priorities
  • Create, maintain, distribute reporting providing on-going support to buying teams and achieving project milestones
  • Use various qualitative and quantitative tools to evaluate information and provide ad hoc reporting and process recommendations
  • Collaborate effectively with suppliers and potential suppliers to gather data, develop analytical insights, and sourcing recommendations 
  • Assist in development of supplier assessments, score cards and other analytics to enable the team to effectively manage supplier performance
  • Assist in development of and act as liaison to inbound operations team
  • Identify areas for change and makes recommendations while managing multiple demands and competing priorities 

Knowledge, Skills and Abilities:
   Required:       
  • Ability to organize and prioritize work
  • Strong verbal, written and interpersonal communication skills
  • Ability to perform analytical analysis with data supported conclusions
  • ·Working knowledge of market analysis, sourcing category strategy, supplier relationship management ‘should-cost’ models, and negotiations
  • Ability to apply knowledge of multidisciplinary business principles and practices to achieve successful outcomes in cross-functional projects and activities
  • Advanced knowledge in Excel
 
Experience Requirements:
  • Generally requires a minimum 5 + years of purchasing and inventory management experience
 
Education Requirements: 
  • Bachelor’s degree in Business, Supply Chain or related field preferred, or a combination of education and equivalent work experience
 

 Please Note:  At this time we are not offering any employer-sponsored work authorization.​ 

iHerb Inc.​is a leading online retailer of nutritional supplement and wellness products (vitamins, minerals, herbs, botanicals, bath and beauty, pet care, sports nutrition and children's health).​ Via its e-Commerce website, iHerb.​com delivers 35,000 products from over 1,500 brands direct to the customer in more than 180 countries.​ iHerb carries trusted brands customers love around the world.​ 

iHerb's growth has been recognized by Internet Retailer as a top 500 e-Commerce provider in North America and recently as a top 300 mobile commerce business in the world.​  In 2013 Google bestowed iHerb with its Google Trusted Store designation having shipped over 1,000,000 orders to customers in the US market with a 98%​ on-time shipping and a 99.​9%​ issue free orders.

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