Job Description

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 guardrailsYour 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 toSenior 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. (ref:updazz.com) '