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SilverPeople
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Vendor Manager/Category Manager - Textile (3-6 yrs)
SilverPeople
posted 1d ago
Fixed timing
Key skills for the job
- A Vendor Manager 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:
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.
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.
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.
- 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.
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.
Innovate:
- Invent and drive continuous process improvement and automation across our systems to allow us to scale a fast-growing business.
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.
Education & Work Experience:
- 3 - 6 years of experience.
- Full-Time MBA Btech/ Bachelors in Textile
- 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 in Apparels
Functional Areas: Other
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