Address
Form of workAbout Yami:
Founded in 2013, Yami's mission is to bring the world closer for everyone to experience and enjoy. We make it easy to discover exciting flavors and trending products from Asia. Named Inc. Magazine's fastest growing start-up on the "Inc. 500 List.", we're committed to connecting people with authentic food, beauty, home, and wellness experiences through our e-commerce platform, iOS, and Android apps.
Summary:
The Purchasing Specialist who is responsible for planning, sourcing, and purchasing all products within his/her household category(ies); will have end-to-end ownership of a category of our products.
Daily functions include sourcing new vendors, building and managing current vendor relationships, negotiating costs and terms, maintaining existing product lines, and setting up new product lines respectively.
He/she will also interact with our marketing and promotion teams to come up with pricing and selling plans and make decisions on how to scale and expand our customer base and drive GMV growth and margins.
The goal of our merchandising team is to drive GMV and customer growth while maintaining healthy margins. This position will require bilingual skills (Chinese and English) to communicate and negotiate with both domestic and international vendors.
Job Responsibilities:
Sourcing & Procurement
Generate purchase orders, follow up with POs, confirm the status and ensure delivery daily
Source and develop new vendors, craft negotiation strategies and terms on price, payment, and lead time, and close deals with optimal terms
Source and develop new products in Asian Beauty and home segments based on various factors such as customer demands, price, quality, availability, market trends, and team budgets
Strategy and Analytics
Develop, lead, optimize, and execute category sourcing and purchasing strategies
Use data and multiple dimension metrics to improve KPIs for inventory level, inventory allocation, turnover, and cash flow
Forecast price, analyze customer buying patterns and market trends to identify and optimize product assortment, pricing as well as changes of balance in buyer-supplier power
Customer-driven, ability to reflect business from the customer side, and increase customer experience through everyday work
Effectively communicate results of KPIs & root cause analysis with the management team and lead corrective action implementation in areas where performance is not meeting expectations
Vendor relationship:
Manage and maintain good vendor relationships and performance by deploying a standard set of metrics to improve vendors' performance including fill rate, lead time, OSHA requirements, etc
Ability to maintain perspective and confidence in face of difficult price negotiations, exceptionally tight deadlines, and expectations
Partner with cross-functional teams on platform promotions, marketing allocation, mark-downs, payments terms, and other special requests
Other Job tasks as assigned
Qualification and Requirement:
Bachelor's Degree
1+ years of purchasing and or vendor management experience in retail or related industries
Familiar with trending household products in the market
Demonstrated enthusiasm for household products and understanding of respective customers
Excellent negotiation and persuasion skills in English, mastery of the Chinese language is required. Japanese language is a plus.
Analytical thinker with a positive attitude and flexibility to accommodate evolving business needs
Excellent attention to detail, self-starter with the ability to learn, grow and adapt quickly
Decision-Making: Must be able to assimilate the information gathered by yourself and others (internal & external) to make sound and timely decisions
Benefits
401(k) matching
Health insurance: medical, vision, and dental
Paid time off (PTO): vacation, sick, and holidays
On-site gym/pool and game rooms
Employee discount
Coffee and snacks
60-80K
