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Cocoblu - Senior Vendor Manager (1-5 yrs)

1-5 years

Cocoblu - Senior Vendor Manager (1-5 yrs)

Cocoblu

posted 16d ago

Job Description

The ingredients for this role:

A Vendor Manager at Cocoblu will focus on delivering exceptional sales and margin growth for a category that you will be responsible for. You will also be responsible for signing the right mix of vendors, smart pricing, driving growth and margin improvements while operating within inventory guardrails.

Your day-today tasks will include:

1. Build selection and terms negotiation : Will be responsible for determining customer market needs, growing selection across the category, brands and use cases, managing vendor partners, optimizing vendor terms, and getting support for promotions.

2. Drive efficiency : Inventory turns / OTB Management: Will be responsible for operating on industry benchmark inventory turns for the category and generating a positive/self-sustaining business by efficient OTB management.

3. Strategize Pricing: Responsible for pricing strategy for the category so that we can offer the customers the best value, value being a combination of price and any convenience. Also, be responsible for using pricing as a lever to ensure efficient cash flow management against the profitability goal.

4. Build Business plan and communicate to senior management: Develop a short-term and long-term plan for growth and report to Senior Management on a regular basis on the state of key topline and bottom-line metrics and risk factors.

5. Manage Brands: Manage all the input and output metrics for your respective set of brands/ vendors. Work closely with the vendors to ideate, finalize, and execute the joint business plans with the brands/vendors.

6. Innovate: Invent and drive continuous process improvement and automation across our systems to allow us to scale a fast-growing business.

Education & Work Experience:

- 1+ years of experience.

- Full-Time MBA.

- Experience as a sales manager / vendor manager / category manager / account manager role.

- Launched new brands on platforms.

- Ideal candidate worked in Ecommerce/Retail/FMCG background.

Required Skills:

- Efficient Negotiation Skills.

- Vendor/Brands onboarding and choosing the right vendors for your business.

- Building selection, Pricing and Terms negotiation.

Knowledge you need:

- Launching new brands on platform.

- Risk assessment.

- Proactively manage and nurture vendor relationships.

- Measure vendor performance.

- Managing P&L, terms of business and models, buying cost, price and quality benchmarking and portfolio management for the brands.


Functional Areas: Other

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What people at Cocoblu are saying

Senior Vendor Manager salary at Cocoblu

reported by 13 employees with 5-12 years exp.
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₹31 L/yr - ₹60 L/yr
26% more than the average Senior Vendor Manager Salary in India
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What Cocoblu employees are saying about work life

based on 43 employees
56%
88%
54%
100%
Strict timing
Monday to Friday
Within country
Day Shift
View more insights

Cocoblu Benefits

Free Transport
Child care
Gymnasium
Cafeteria
Work From Home
Free Food +6 more
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