Senior Vendor Manager

Job Description:- The Vendor Manager will be responsible for developing and owning the strategy for a category and working with a high performing vendor management team. Within this role the individual will have the opportunity to establish and maintain strong vendor partnerships, manage category profitability, optimize pricing, and identify means to improve the customer experience. This is a seasoned business leader with a broad skill set which demonstrates analytical capability, excellent business judgment, strong vendor management and negotiations skills, deep curiosity to uncover how things work. Roles and

Responsibilities

Vendor Managers are responsible for managing inputs (selection, in-stock), category or brand financials, pricing and promotion management, auditing and analysis of data at granular levels, vendor escalations and concise communications.

• Vendor Managers are responsible for managing inputs (selection, in-stock), category or brand financials, pricing and promotion management, auditing and analysis of data at granular levels, vendor escalations and concise communications.
• Dive Deep into inputs and understands the downstream impact of changes to pricing, selection, and convenience for multiple subcategories.
• Owns the P & L for multiple brands/subcategories; develops plans that drive revenue and margin improvement
• Creates strategic and prioritized vendor business plan that maximizes margins and customer

experience

• Growing selection, improving terms and cost structures, building long-term relationships with vendors for the sub-categories/brands assigned
• Focuses on strategic holdout or challenging vendors to increase selection
• Drives strategic negotiations to deliver top- and bottom-line category growth for sub-categories/brands
• Creates opportunities for growth, customer acquisition for multiple sub-categories As such: Vendor Managers are expected to demonstrate customer and category knowledge, be an advocate for a quality customer experience, and understand the competition and industry Vendor Managers are responsible for long term growth opportunities and risk identification, planning, communication and partnering with internal teams Vendor Managers are expected to demonstrate a deep understanding of tools and become advocates for tool enhancements Vendor Managers are responsible for knowledge management, development of self and others, and recruiting

Requirements

Technical

Skills:

Proficiency in Excel, Proven analytical

skills

and highly numerate Proven Negotiation

Skills

Proven

experience

leading teams & cross-functional projects Influencing abilities and vendor management

experience

Ability to think and react in a high-energy, fast-paced environment Ability to operate simultaneously and effectively in both tactical and strategic modes A willingness to roll up sleeves to get things done The position requires an individual who can work autonomously in a demanding and often ambiguous environment, with strong attention to detail and effective prioritization Educational

Qualifications:

MBA/ PGDM from IIM Ahmedabad, Bangalore, Calcutta, Lucknow, XLRI, ISB, FMS, and similar institutes.

Technical

Skills:

Proficiency in Excel, Proven analytical

skills

and highly numerate Proven Negotiation

Skills

Proven

experience

leading teams & cross-functional projects Influencing abilities and vendor management

experience

Ability to think and react in a high-energy, fast-paced environment Ability to operate simultaneously and effectively in both tactical and strategic modes A willingness to roll up sleeves to get things done The position requires an individual who can work autonomously in a demanding and often ambiguous environment, with strong attention to detail and effective prioritization Educational

Qualifications:

MBA/ PGDM from IIM Ahmedabad, Bangalore, Calcutta, Lucknow, XLRI, ISB, FMS, and similar institutes.