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About the Role

The Replenishment Buyer plays a crucial role in maintaining optimal inventory levels, ensuring product availability, and contributing to the overall success of business operations. This role requires a strong analytical mindset, excellent communication skills, and a deep understanding of supply chain dynamics within the cosmetics, beauty care, and wellness industries.

Responsibilities

• Collaborate with replenishment leadership, sales, and Demand Planning teams to ensure accurate demand forecasting for all active products, considering trends, promotions, and market insights.
• Monitor inventory levels and implement replenishment strategies to prevent stockouts and overstock situations, optimizing inventory turnover and minimizing carrying costs.
• Analyze historical sales data, market trends, and product lifecycles to anticipate demand fluctuations and adjust replenishment plans.
• Utilize replenishment and ERP tools to generate purchase orders, communicate with vendors, and confirm order accuracy against demand forecasts.
• Coordinate with Operations/Warehouse teams to ensure timely and efficient product receipt and distribution, minimizing lead times.
• Identify opportunities to optimize procurement processes, streamline workflows, and enhance operational efficiency.
• Stay informed about industry trends, competitive landscape, and emerging products to make informed decisions and recommend new products or suppliers.
• Collaborate with cross-functional teams including Sales, Demand Planning, CDM, and Finance to align on business goals.
• Prepare and present regular reports to management detailing inventory levels, supplier performance, and replenishment strategies' effectiveness.
• Review and track exceptional SKUs (e.g., “early warnings” items, backordered items).
• Prepare purchase orders and send copies to suppliers and originating departments.
• Determine if inventory position is sufficient to satisfy business needs, leveraging tools and cross-functional insights.
• Request information from suppliers regarding order status, changes, or product availability.
• Contact suppliers to schedule or expedite deliveries and resolve issues with missed or late deliveries.
• Track Project Management Tool (Asana) requests and engage in relevant Asana projects.
• Monitor in-house inventory levels and movement by DC; execute inventory balancing transfers coordinating with Operations.
• Maintain Fill Rate levels for assigned Supplier lines as established via Scorecard.
• Ensure Alternate Source Availability is leveraged during Purchase Order Creation.
• Review and evaluate late Purchase Orders and adjust lead time when necessary.
• Ensure all Vendor Line Maintenance is accurate.
• Evaluate and react to Second Source opportunities regularly.
• Utilize available reporting to ensure on-time delivery of merchandise.

Requirements

• Minimum of 3 years of experience in replenishment buying or supply chain management.
• Strong analytical and data interpretation skills.
• Proficiency in using inventory management software and Microsoft Excel.
• Excellent communication and interpersonal skills.
• Detail-oriented with the ability to manage multiple tasks simultaneously.
• Knowledge of demand forecasting and procurement best practices.
• Familiarity with quality control and compliance standards.

Skills

• Analytical skills
• Data interpretation
• Inventory management software
• Microsoft Excel
• Communication skills
• Interpersonal skills
• Demand forecasting
• Procurement best practices
• Quality control
• Compliance standards
• Supply chain dynamics

Location

• Hybrid

Work Type

• Hybrid
• Full-time

Experience Level

• 3+ years

Salary/Compensations

• $70K-75K Annually

Benefits

• Medical insurance
• Vision insurance
• Dental insurance
• Health Savings Account
• 401(k)
• Paid time off
• Paid parental leave