Manager - Buying (5-10 yrs)

About the Customer:

Company is a multinational conglomerate that operates in the retail, hospitality, and leisure sectors.

About the Role:

Designation : Buying Lead.

Work Location: Bangalore.

Work Experience: 10-15 Years of experience.

Role Summary :

- Develop the overall category strategy including long-term growth plan, product portfolio mix, pricing, positioning etc.

- Own the category PnL and drive development, growth and margins.

Key Job Responsibilities:

- Create short-term and long-term business plans for the category (Sales and margin forecasting, budgeting at a product level).

- Vendor identification, negotiations, on-boarding and development.

- Driving excellence in vendor operations along with key metrics like cost, quality, speed and ethics.

- Supplier/ Vendor management across different product categories.

- Adding new vendors and categories proactively by constantly improving Quality, Cost and Delivery terms with suppliers across India.

- Launching unique products across different categories in line with cost, quality, and ethical considerations.

- Monitor category metrics against goals on a regular basis and deep dive where needed to drive performance.

- Driving standardization: Ensuring standardization of products, process and prices.

- Closely monitor industry trends and competitor developments (new launches, product features, pricing, etc.

- Analyze the current trends and forecast future consumer trends based on seasonality, environment/external factors, demand, competitor analysis, etc.

- Develop a product positioning strategy that drives growth and consumer loyalty.

- Be the voice of the customer internally monitor consumer feedback and consumer insights to drive continuous improvement.

- Build and manage the category team (e., hiring, goal setting, performance management).

- Leading efforts to coach key team members towards their growth and development in making efficient buying decisions.

Background and Requirements :

Job Requirements :

Education: Graduate/Postgraduate/NIFT.

The following are the specs:

- Candidate from the NIFT background with a good understanding of the Dcor.

- Someone who handled the lead role and managed the high vendor base.

- 10-15 years relevant experience in Buying need to consider.

- Candidate not to be shortlisted from hyper background.

Key Result Areas (KRAs):.

Financial:

- Top line and bottom-line achievement.

Customer:

- Right availability, Freshness & Launch timelines.

Process:

- Process adherence.

People:

- Self-development & Value adherence.