Buyer

About Million Dollar Baby Co.
Welcome to Million Dollar Baby Co.! We started in 1990 and are proudly family-owned and operated in Los Angeles. Since then, MDB Co. has grown to 6 distinct brands of children's furnishings ranging in style, aesthetic, and price point, while carrying some of the industry's most eco-conscious and award-winning designs. Our family of brands include: Babyletto, DaVinci, Nursery Works, Namesake, Monogram by Namesake, and Carter's by DaVinci. We can be found in mass retailers like Target and Amazon to your local mom-and-pop baby shop to specialty retailers like Pottery Barn Kids and Crate and Barrel. At MDB Co., we credit all our success to our mighty, diverse team of more than 110 smart and fun individuals who make an impact every day! Our team members are our #1 priority and we partner with exceptional suppliers and retailers from around the world who share our values. Lastly, we are proud that we have been awarded Great Place to Work in '21, '22, '23, '24 Built in LA Best of List '22, '23, '24 Fortune Best Places to Work '23. It's truly an amazing place to work! We welcome you to learn more about our company and our fantastic team.
Teddy Fong
CEO
As an integral part of our Purchasing Team, you will manage our purchasing efforts with the goal of optimizing inventory at each warehouse location. You will be analyzing historical sales trends, current inventory levels and forecasted demand by SKU and its geographic location. You will need to thoroughly understand vendors' production capabilities, ordering constraints, and processes. Collaborating regularly with Logistics, Sales, Branding, and other stakeholders, you will be able to impact MDB Co. in continuous improvement initiatives through your own contributions!
What you'll be doing:

• Take full responsibility for overseeing the lifecycle and maintenance of Stock Keeping Units (SKUs), ensuring their accuracy and compliance with internal and external standards
• Serve as the point of contact for vendors, holding accountable meetings, communications, and setting clear expectations to ensure smooth operations
• Develop and implement inventory strategies that align with company goals, optimize stock levels, and improve overall supply chain efficiency
• Monitor and manage inventory health to prevent stockouts and overstock situations, ensuring a balanced and efficient inventory
• Identify, lead, and execute projects or process improvement initiatives to enhance inventory management practices
• Effectively communicate inventory health implications both upstream and downstream within the organization, ensuring all stakeholders are informed and aligned
• Manage factory production and shipping schedules to forecast consumer buying patterns and forecast sales and inventory
• Partner with Logistics team to manage and allocate incoming inventory effectively, including analyzing overstocks, understocks and inventory value and monitoring inventory flow, inventory demand, and vendor and factory production
• Collaborate with the Sales and Branding Teams on planning for retailer needs and preferences
• Act as the primary liaison and strategic intermediary with the Asia office, orchestrating and optimizing a seamless purchasing and inventory flow through collaborative cross-functional communication and coordination
• Maintain Purchase Orders (PO) and issue POs in accordance with multiple variables including lead time, demand, forecasted projects, inventory level, sales expectations, and quality control factors

What you bring to the table:

• Positive attitude and a passion for excellent execution
• Innovative mindset
• Critical problem solving
• Strong analytical skills
• Excellent project management and organization skills to be able to work across stakeholders to push various initiatives forward
• Advanced verbal and written communication skills
• Excellent team player who is eager to learn, improve, and help others
• Strong Excel skills

Our Benefits

• 100% of your health, dental and vision insurance monthly premiums paid by us!
• Flexible PTO because we respect the need for work/life harmony
• Company matching 401(k)
• Vacation reimbursement and health & wellness subsidy programs
• Tuition reimbursement
• Matching charitable donations to the nonprofit organization of your choice
• Company-wide monthly celebrations - lunch is on us!
• Dog-friendly workplace, yes! You can bring your best friend to work
• Free MDB Co. swag + generous employee discount on products

At Million Dollar Baby Co., we're passionate about diversity and welcome applicants from all backgrounds. Our diversity, inclusion and equity committee (DIEC) strives to break barriers for minority communities, help educate the company on pertinent topics, and work to ensure equal opportunities for existing and potential employees. Since its formation in 2020, our committee has focused on multiple areas, some include hiring, community involvement and continuous learning about Diversity, Inclusion and Equity.
As an important step in coming together as safely as possible, Million Dollar Baby Co. requires all employees to be fully vaccinated and boosted against COVID-19 as a condition of employment unless a medical or religious exemption is approved.
Million Dollar Baby Company is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application and/or recruitment process. If you need assistance or an accommodation due to a disability, you may contact us at [email protected]
The pay range for this role is:
65,000 - 75,000 USD per year ( Pico Rivera, CA (Hybrid) )