Senior Regional Buyer - MENA

For A Better You

At iHerb, we believe that living a healthy and balanced life should be easy and accessible to everyone. As a team member, we’ll empower you to live this promise each day as you make a truly global impact in your career.

We constantly strive for innovation, while transforming and improving the online shopping experience for our customers. We believe that individually we are incredible, but when we come together, our growth is infinite. In an industry that is constantly evolving, we are on a mission to make an impact on the global market, and the individual and collaborative efforts of our people are paramount to helping us succeed.

Whether you work in one of our logistics centers, technology hubs, corporate offices or even from home, your role at iHerb will take you beyond what’s expected, turning challenge into change. If you're ready for it, we want you to join our team.

This position is responsible for evaluating, curating, promoting, and growing the brands/products in their assigned category and cultivating strong vendor partnerships that result in mutually beneficial opportunities to grow both revenue and profit. In addition, the Regional Senior Vendor Manager sources new suppliers and manages assortment relevant to category, trend, and team objectives. This role is the third step in the progression of the Merchandising team's buying structure, and is responsible for making merchandising decisions for large volume accounts.

This role will focus on assortment and product strategy that is complementary to the iHerb overall Global strategy, while expanding the catalog with brands and products that are the most relevant in their assigned market. Identifying and onboarding regional brands, along with unlocking logistical methods to allow regional sourcing of Global brands to reduce lead time, save expense, and substitute locally approved products will be the key focus.

Based in Dubai with a hybrid work mode.

• Work closely with the Global Director and team to ensure all are aligned on business strategies, short and long-term growth objectives.
• Work closely with the in-market team, including Region Leaders, as a dotted line structure, to best ensure maximization of market opportunities.
• Directly responsible for key category metrics (KPI’s) for new and existing brands, new products, pricing, gross margin, promotions, and product life cycle while seeking opportunities for improvement.
• Understand and navigate supply chain complexities to ensure proper and legal buying methods.
• Partner with Compliance and Regulatory departments on catalog additions to ensure legitimacy.
• Solely procure directly from manufactures or approved distributors.
• Negotiate with vendors to secure exceptional everyday pricing, marketing & promotional budgets, special opportunity buys, growth incentives including rebates and accruals, delivery, and payment terms for large volume accounts
• Foster relationships with large volume existing/new vendors to drive sales, product innovation, margin growth, promotional support and maintain regular and consistent communication to ensure a clear understanding of short/long-term goals and capabilities.
• Negotiation of contracts, product evaluation, quality issues, customer service questions and create and maintain supplier, product database
• Drive the new product/brand onboarding and maintenance process to ensure timely addition to market
• Calculate, maintain and evaluate cost, pricing, and product adjustments in system to ensure desired mark-ups, margin
• Partner/Coordinate with Inventory Management and Planning Team in managing inventory turns, vendor forecasts, new item projections, service level, order cycles, rebate and marketing programs, special opportunity buys, and general supply chain practices
• Develop promotional co-op activities that are profitable and highly effective in conjunction with Marketing
• Create, review and utilize reports to enable in-depth analysis of category successes/challenges
• Comply with company policies and procedures, including safety, business ethics, and standards of conduct
• May cultivate, direct and support Assistant Buyers; enabling…