
Job Openings For Vendor Management Role
4 days ago
Vendor Management Role -
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 o Dive Deep into inputs and understands the downstream impact of changes to pricing, selection, and convenience for multiple subcategories o Owns the P & L for multiple brands/subcategories; develops plans that drive revenue and margin improvement o Creates strategic and prioritized vendor business plan that maximizes margins and customer experience
• Responsible for growing selection, improving terms and cost structures, building long-term relationships with vendors for the sub categories/brands assigned o Focuses on strategic holdout or challenging vendors to increase selection o Drives strategic negotiations to deliver top- and bottom-line category growth for sub-categories/brands o Creates opportunities for growth, customer acquisition for multiple sub-categories
• Responsible are expected to demonstrate customer and category knowledge, be an advocate for a quality customer experience, and understand the competition and industry
• Responsible for long term growth opportunities and risk identification, planning, communication and partnering with internal teams
• Expected to demonstrate a deep understanding of tools and become advocates for tool enhancements
• Responsible for knowledge management, development of self and others, and recruiting
As such, we expect a VM to do the following on a regular basis:
Regular engagements with brands including in-person meetings on a monthly basis
Weekly and monthly review to inspect movements/trends on customer input metrics (selection, customer demand (GV) coverage
Annual and season negotiations with brands
Highlighting escalating issues with brands, competitors to internal leaders and brand leadership
Ensuring vendor experience issues are addressed promptly these could be around access to information/data, payments, MIS reports, promotion plans, etc.
Planning for events and promotions including getting support from brands
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