Job purpose :
- The Vendor Manager will be responsible for developing and owning the strategy for a category and working with a high performing vendor management team.
- Within this role the individual will have the opportunity to establish and maintain robust vendor partnership, manage category profitability, optimize pricing, and identify means to improve the customer experience.
- This is a seasoned business leader with a broad skill set which demonstrates analytical capability, excellent business judgement, strong vendor management and negotiations skills, deep curiosity to uncover how things work
Roles & Responsibilities :
- Vendor Managers are responsible for managing inputs (selection, in-stock), category or brand financials, pricing and promotion management, auditing and analysis of data at granular level, vendor escalation and concise communication
- Dive deep into inputs and understand the downstream impact of changes to pricing, selection, and convenience for multiple subcategories
- Owns the P&L; for multiple brands/subcategories,
develops plans that drive revenue and margin improvement
- Creates strategic and prioritized vendor business plan that maximize margins and customer experience
- Vendor Managers are responsible for growing selection, improving terms and cost structure, building long term relationships with vendors for the sub categories/brand assigned
- Focuses on strategic holdout or challenging vendor to increase selection
- Drives strategic negotiations to deliver top and bottom-line category growth for sub-categories/brands
- Creates opportunities for growth, customer acquisition for multiple sub-categories
- Vendor Managers are expected to demonstrate customer and category knowledge, be an advocate for a quality customer experience, and understand the competition and industry
- Vendor Managers are expected to demonstrate a deep understanding of tool and become advocates for tool enhancements
- Vendor Managers are responsibl