Buyer - Health & Supplements at The Source and Recruit Company

Position Type: Full-Time
Reports To: Merchandising Director
Salary Range: $85,000 to $95,000 annually

The Source and Recruit Company has been retained to assist our client, Shop LC, in recruiting for the position of Buyer - Health & Supplements. Shop LC, headquartered in Austin, Texas, is a leading electronic retailer offering jewelry and lifestyle products. As a subsidiary of Vaibhav Global Limited (VGL), a publicly listed company in India, Shop LC operates alongside its sister companies in the UK (Shop TJC) and Germany (Shop LC, Germany). VGL's vertically integrated business model includes in-house manufacturing and sourcing across India, China, Indonesia, and Thailand.

At Shop LC, the mission of Delivering Joy is central to their community and environmental commitments. Through their "Your Purchase Feeds " initiative, each sale contributes a meal to schoolchildren in need across the US, UK, Germany, and India. To date, over 50 million meals have been provided, with a goal of reaching 1 million meals daily by 2040. Shop LC is also dedicated to sustainability, striving to achieve net zero carbon emissions by 2030. Their US and India facilities are LEED-certified, with solar-powered operations in India.

Role Overview:

Shop LC is seeking an experienced and driven Buyer specializing in Health & Supplements. This role will be responsible for sourcing and managing a diverse product portfolio within the health and wellness category. The ideal candidate will possess a strong understanding of market trends, regulatory requirements, and customer preferences to ensure Shop LC's product offerings meet their high standards for quality and customer satisfaction.

Key Responsibilities:

• Product Sourcing & 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 & 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.

Qualifications:

• 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.

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 using a computer.
• Ability to lift up to 20 pounds, with reasonable accommodation.

Benefits:

• 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.

Equal Employment Opportunity (EEO) Statement:

Both Shop LC and The Source and Recruit Company are committed to creating an inclusive environment for all employees. We encourage applicants from all backgrounds to apply and ensure equal opportunity in the hiring process.

We look forward to the possibility of you joining the Shop LC team and contributing to their mission of Delivering Joy. All inquiries and applications will remain confidential.