Senior Buyer (Wholesale)

LoweBuys; Edmonton; Hybrid; CAD 52,000 - 54,000; Full time

Benefits offered by this job

Health care plan

Wellness program

Paid time off

Free parking

Discretionary bonus

Team building opportunities

Job summary

LoweBuys is an Edmonton-based wholesale ecommerce reseller seeking a Senior Buyer to own a large product portfolio, authorize purchases, and manage pricing strategies within a repricing platform. The role involves cross-border shipments to the United States and direct supplier negotiations.

The position is permanent, full-time, on-site in Edmonton with a competitive hourly wage and benefits including health care, wellness, and paid time off.

Qualifications

• Minimum two years of experience purchasing brand-name merchandise for resale.
• Experience with online marketplaces (Amazon, Walmart, eBay) and marketplace seller platforms.
• Experience negotiating pricing and terms directly with suppliers/distributors/manufacturers.
• Experience preparing cross-border shipping and US customs documentation, including HTS codes.
• Proven ability to work autonomously and manage committed spend.

Responsibilities

• Purchase branded consumer merchandise across multiple categories.
• Own an assigned product portfolio, including revenue and margin responsibilities.
• Authorize and place purchase orders with significant discretionary spend.
• Develop supplier relationships and negotiate terms and pricing.
• Set pricing rules in the repricing platform and monitor competitive pressure.
• Coordinate cross-border shipping documentation and compliance.

Skills

Spreadsheet analysis

Data analysis

Repricing software

Keepa

AZ Insight

Scan Unlimited

Autonomous purchasing

Analytical skills

Microsoft Office

Education

Two-year post-secondary diploma in business/finance/commerce

Tools

Marketplace analytics tools

Job description

Permanent, Full-time | Edmonton, AB | On-site | $37.50 to $39.00 per hour

Position Overview

LoweBuys is an Edmonton-based wholesale ecommerce reseller. We source branded merchandise from distributors, brands, and wholesalers, prepare it at our Edmonton warehouse, and sell it on Amazon, Walmart and eBay in both Canada and the United States. Founded in 2018, we employ approximately 18 people and are expanding into new facilities, new sales channels, and a new United States operating entity.

We are seeking an experienced Senior Buyer to take full ownership of a large product portfolio. This is a senior, autonomous purchasing role. The successful candidate will independently authorize purchases, set and adjust pricing strategy within our repricing platform to remain competitive in the marketplace, manage cross-border shipments into the United States, and perform other duties as described in the advertisement.

Employer Information

Company operating name LOWE OpCo Inc., operating as “LoweBuys”

Business address 15018 116 Avenue NW, Edmonton, AB, T5M 4E6

Location of work 15018 116 Avenue NW, Edmonton, AB, T5M 4E6

Company phone number 587-460-3247

Terms of Employment

Employment type Permanent, full-time

Employment location 15018 116 Avenue NW, Edmonton, AB, T5M 4E6 (on-site only)

Hours of work 37.5 hours per week

Wage $37.50 to $39.00 per hour (commensurate with experience, to be negotiated)

Health care plan Yes

Wellness program Yes

Paid time off Yes

Language of work English

Free parking available Yes

Bonus Yes – discretionary bonus based on performance is available but not guaranteed

Team building opportunities Yes

Start date As soon as possible

Travel expenses paid by employer No

Positions available 2

Main Duties and Responsibilities

The Senior Buyer will:

• Purchase branded consumer merchandise for resale across multiple product categories such as, but not limited to: grocery, health and beauty, pharmacy, lawn and outdoor, home and kitchen, electronics, industrial, safety, building materials and toys & games.
• Take full ownership of an assigned product portfolio of approximately 1,300 active product listings, and be accountable for its revenue, margin, sell-through and return performance.
• Independently authorize and place purchase orders without prior approval, exercising discretion over committed spend (approximately $6,000,000 in annual spend).
• Identify new product opportunities by analyzing marketplace sales data, pricing history and demand patterns, and trace those opportunities back to their manufacturers and authorized distributors.
• Conduct cold outreach to prospective vendors and establish direct wholesale purchasing accounts, including account applications, credit terms and initial pricing negotiation.
• Establish, negotiate and maintain supplier relationships across an active vendor network, including pricing, discount structures, credit terms and freight arrangements.
• Evaluate purchasing opportunities against demand, unit margin, marketplace preparation complexity and shipping density requirements, and decide which opportunities to pursue.
• Set and adjust pricing rules and strategies within the company’s algorithmic repricing platform, and monitor competitive pricing pressure across assigned product listings.
• Monitor inventory cover, sales velocity and stock levels, and determine replenishment timing and quantities to prevent both stockouts and overstock situations.
• Prepare and coordinate cross-border shipping documentation for shipments into the United States, including customs clearance paperwork, HTS codes and United States Food and Drug Administration (FDA) import documentation.
• Analyze product profitability using cost, marketplace fee, tariff rates, and return-rate data, and discontinue or reprice underperforming products.
• Monitor marketplace policy and compliance changes affecting assigned products and adjust purchasing decisions accordingly.
• Provide guidance and technical direction to junior purchasing staff (1-2 people).
• Develop quarterly purchasing plans for the assigned product portfolio, including forecasting purchase volumes, inventory investment and expected margin contribution, and adjust plans in response to marketplace and sales performance.
• Plan purchasing volume and timing in coordination with warehouse preparation capacity and shipping plan sequencing, including advance planning for peak season volume increases.
• Set and monitor revenue, margin and inventory turnover targets for the assigned portfolio, and report performance against those targets.
• Report to the Director of Purchasing.
• Assist in product development projects to create custom proprietary products from scratch.
• Communicate with customers at times to explain product instructions & resolve issues.
• Visit trade shows, vendor showrooms, manufacturers & other industry events.
• Review budgets & adjust purchase orders to reflect planned expenditures.
• Monitor revenues of specific product assortments.
• Calculate & monitor shipping costs.
• Track shipments, prepare commercial invoices & bills of lading.
• Study marketplace trends to determine consumer demand as it relates to product & purchases.

Education

Completion of a two-year post-secondary diploma in business, finance, commerce, or a related field.

Experience

• Minimum two (2) years of experience purchasing brand-name merchandise for resale.
• Demonstrated experience purchasing for sale through online marketplaces (Amazon, Walmart, eBay or comparable platforms), including working knowledge of marketplace seller platforms, fee structures and fulfilment programs.
• Demonstrated experience negotiating pricing and terms directly with suppliers, distributors or manufacturers.
• Experience preparing cross-border shipping and customs documentation for shipments into the United States, including HTS code selection.

Skills

• Advanced spreadsheet and data analysis skills, including working with large multi-column data sets to evaluate product and margin performance.
• Experience using algorithmic or rules-based repricing software.
• Working knowledge of product research and marketplace analytics tools (inventory control software) such as Keepa, AZ Insight or Scan Unlimited, or comparable platforms.
• Demonstrated ability to work autonomously and exercise independent judgment over purchasing decisions and committed spend.
• Strong analytical and problem-solving skills.
• Experience with Microsoft tools: Excel, Word & PowerPoint, along with experience with Google G Suite tools.

More Information About The Position

• The ideal candidate must be willing to relocate
• Relocation costs not covered by employer
• There will be a criminal record check
• Willingness to travel
• Fast-paced environment
• Work under pressure
• Sitting for long periods of time
• Accurate
• Client focus
• Efficient interpersonal skills
• Flexibility
• Initiative
• Judgement
• Organized
• Team player
• Analytical

LoweBuys welcomes applications from all qualified candidates who are legally entitled to work in Canada. We encourage applications from Indigenous peoples, newcomers to Canada, persons with disabilities, youth, and other groups underrepresented in the labour market.