Buying Manager

2 weeks ago

bangalore, India PeopleLogic Full time

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.g., 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 Décor.
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

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