Buyer at Cypress HCM in Los Angeles, California

Posted in Other 2 days ago.

Type: full-time





Job Description:

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
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