Merchandiser at Earnest

Raleigh, North Carolina, United States

Apply Now

Not SpecifiedCompensation

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

Key technologies and capabilities for this role

SAPERPVendor ManagementNegotiationInventory ManagementProduct SourcingMarket AnalysisPricing

Questions & Answers

Common questions about this position

What is the location and work arrangement for this Merchandiser role?

The position is located in Raleigh, NC and is a full-time, on-site role with some travel required.

What compensation is offered for this position?

The job offers a competitive base along with benefits.

What skills and experience are required for the Merchandiser position?

Candidates need a minimum of 2 years of purchasing or procurement experience, skills in negotiating with vendors and managing supplier relationships, strong analytical and problem-solving skills, proficiency in Microsoft Office, and comfort with ERP systems like SAP.

What is the company culture like at Ernest?

Ernest features a growth-oriented culture focused on the success of its extended family, customers, and employees, with a proactive approach, learning proven methods, and having fun while earning what you're worth with awesome people.

What makes a strong candidate for this Merchandiser role?

A strong candidate is organized, collaborative, skilled at building vendor relationships, identifying cost-saving opportunities, managing product lines with ownership and attention to detail, and enjoys working cross-functionally.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free