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Senior Buyer (Hybrid - Lehi, Utah area)

Partner.Co
United Statesfull_timeVerifiedPosted 26 Nov 2024
💰 $110,000/yr($80,000/yr$110,000/yr)

About the role

Who Are We?

Partner.Co is a global health and wellness company that partners with independent Brand Partners to help people achieve a body, business, and lifestyle they love. Through a process we call Partnership Marketing, we provide Brand Partners with everything they need to build their business, including high-demand products in the wellness, fitness, skincare, and personal care spaces, plus logistics, operations, marketing, and more. Our Brand Partners build their business by referring people to the suite of Partner.Co products are rewarded with money, travel, recognition, and fun events.

Our Culture

Partner.Co is headquartered in Puerto Rico, with our Innovation Center in Lehi, Utah, and offices worldwide. Our global presence allows our corporate staff to work with different cultures as we collaborate and grow as one high-performing, energetic team. We cultivate a collaborative culture where we work hard together and have fun while we do it! No matter your role, your impact is noted, and all ideas are encouraged.

 

We're passionate about health! As an employee, you can join our Employee Transformation Group, where you can gain guidance, support and free products for your personal wellness goals, and, of course, friends to cheer for you along the way!

About the role

Manage the purchasing of raw materials, components, and turnkey products. Create and maintain vendor relationships, including the purchasing and production processes, searching for savings in materials, processes, and shipping to decrease the cost of goods and enable a greater profit margin.  

What you'll do

Procurement Strategy

  • Work with demand planning and markets to determine adequate stock levels of individual products without creating high exposure to overstock and expiration waste.   
  • Generate and manage Purchase Orders and the production of the product.  
  • Craft POs that leverage the MOQs required while also decreasing cost per unit, and staggering production to help with storage, expiration, and shipping costs.  
  • Work with vendors/suppliers to obtain quotes, negotiate price and payment terms. 

Production Quality Assurance  

  • Ensure that the product being purchased has updated specifications and artwork.  
  • Work with Quality Control and Vendor to address manufacturing processes that may produce undesired outcomes.  
  • When a failure of the product is found by Quality, work with Vendor to come up with a plan to pick up the product, address the problem with the production, and then put a process in place to avoid the error from repeating.  

BOM Management

  • Regularly update and maintain Bills of Materials (BOMs) to ensure they accurately reflect current product specifications, materials, and production requirements.  
  • Collaborate with engineering and production teams to implement changes efficiently.  

Market Expansion  

  • Work with the executive team to determine the best course of action to introduce products to new markets without creating waste or exposure.  
  • Determine with Regulatory, Operations management, and markets the viability of market-specific packaging or if existing product with over-labeling can be used until the market becomes self-sustaining.   
  • Determine the most cost-effective way to get the product to a new market without incurring exorbitant shipping costs. 

Other duties as assigned

Required Skills/Abilities

Quality Assurance and Process Improvements

  • Strong focus on quality assurance and continuous process improvements to enhance operational efficiency.  

Negotiation and Strategic Planning  

  • Excellent negotiation skills on cost of goods, MOQs, contracts, and production schedules. Strategic planning and execution to maximize efficiency and reduce costs.  

Analytical and Data Analysis Skills  

  • Proficient in analyzing financial data to make informed decisions on cost savings initiatives. Utilization of Netstock to predict sales and demand while ensuring data accuracy.

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Company

Partner.Co

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