Merchandiser at Earnest

Boise, Idaho, United States

Earnest Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
PackagingIndustries

Requirements

  • Minimum of 2 years of purchasing or procurement experience, preferably focusing on cost savings and high volume POs
  • Experience negotiating with vendors and managing supplier relationships with professionalism and integrity
  • Strong analytical and problem-solving skills, with a focus on cost efficiency and continuous improvement
  • Proficiency in Microsoft Office (Word, Excel) and comfort working in an ERP system (SAP experience a plus)
  • Excellent planning, time management, and organizational skills
  • Clear communication skills and the ability to collaborate across departments
  • A proactive mindset and desire to contribute to a team-focused, people-first environment

Responsibilities

  • Source and evaluate new products based on quality, cost, and market trends
  • Build and maintain strong, professional relationships with vendors to negotiate pricing, lead times, and product availability
  • Monitor market conditions, price fluctuations, and product changes to ensure optimal buying decisions
  • Manage inventory across Stock and Just-in-Time (JIT) categories, aligning with company targets and supply needs
  • Establish target selling prices for made-to-order and non-stock merchandise in coordination with internal stakeholders
  • Set and update part numbers, costs, and pricing using SAP (or ERP platform) with accuracy
  • Ensure all reporting and part number data is accurate, current, and aligned with purchasing activity
  • Maintain and update product costing after vendor verification
  • Collaborate closely with internal teams including Sales, Operations, and Accounting
  • Process merchandise control requests and documentation in a timely and organized manner
  • Keep clear records of supplier quotes, correspondence, cost changes, and lead time updates
  • Maintain open communication with suppliers regarding lead times and production status
  • Provide insight and recommendations to improve departmental systems, procedures, and outcomes

Skills

SAP
ERP
Vendor Management
Negotiation
Inventory Management
Pricing Strategy
Market Analysis
Supply Chain

Earnest

Provides low-interest student and personal loans

About Earnest

Earnest provides financial services focused on student loan refinancing, private student loans, and personal loans. The company uses advanced data analysis and underwriting software to assess each client's financial situation, allowing them to offer low-interest rates tailored to individual needs. Clients can select flexible repayment plans that suit their financial circumstances, making it easier to manage their debt. Unlike many competitors, Earnest continuously adjusts its rates based on market conditions to remain competitive. The goal of Earnest is to help financially responsible individuals effectively manage their educational and personal debt.

San Francisco, CaliforniaHeadquarters
2013Year Founded
$123.5MTotal Funding
ACQUISITIONCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Home Office Stipend
Phone/Internet Stipend
Tuition Reimbursement
Paid Vacation
Parental Leave
Company Equity

Risks

Increased competition from fintech startups could erode market share.
Rising interest rates may decrease demand for refinancing options.
Potential regulatory changes could increase operational costs.

Differentiation

Earnest uses data-driven underwriting beyond traditional credit scores.
Offers flexible repayment plans tailored to individual financial situations.
Maintains a digital-first approach for loan applications and management.

Upsides

Increased demand for digital financial services boosts Earnest's online platform.
Alternative credit scoring models support Earnest's data-driven approach.
Growing trend of student loan refinancing aligns with Earnest's core offerings.

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