iHerb is hiring a Senior Vendor Manager

Responsibilities

• Collaborate with senior merchandising leadership and global teams to align on strategic business goals, priorities, and category direction.
• Work with regional leaders to develop and sustain a market-relevant product assortment.
• Oversee key performance indicators for both new and established brands, covering pricing, gross margin, product mix, promotions, and full lifecycle management, with a focus on continuous improvement.
• Navigate Europe-specific regulatory, compliance, and supply chain requirements to ensure compliant procurement practices.
• Coordinate with Compliance and Regulatory teams to manage product catalog submissions, documentation, and regional approvals.
• Source products directly from manufacturers or authorized distributors in line with company policies and regional sourcing guidelines.
• Negotiate favorable commercial terms, including base pricing, marketing funding, rebates, accruals, delivery timelines, and volume commitments.
• Cultivate strong vendor partnerships to drive innovation, improve margins, and maintain clear communication on capabilities and expectations.
• Manage vendor contracts, product assessments, and issue resolution in partnership with cross-functional teams.
• Lead the onboarding of new products and brands to ensure accurate and timely integration into the European product lineup.
• Remain available for occasional meetings scheduled in the US Pacific time zone.
• Monitor pricing, cost changes, and system updates to protect markup levels and margin performance.
• Align with Inventory Management and Planning teams on demand forecasts, inventory turnover, vendor performance, and ordering cycles.
• Partner with Marketing to design profitable and effective co-promotional campaigns.
• Leverage category analytics and reporting to uncover opportunities, inform decisions, and support sustainable business growth.
• Comply with company standards related to safety, business ethics, and professional conduct.
• Mentor and support Assistant Buyers by providing guidance and tools to enhance their performance and development.