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Retailez Bengaluru North is seeking an experienced Vendor Manager to oversee selection, pricing, and promotions for multiple brands and subcategories. The role emphasizes data-driven decisions, P&L ownership, and strong cross-functional collaboration to drive revenue and margins.
The ideal candidate will have 3–7 years of experience in quantitative/financial analysis, retail buying or pricing, with proven negotiation and vendor-management skills, and the ability to operate in a fast-paced
Bangalore North, India | Posted on 01/10/2025
1. Vendor Managers are responsible for managinginputs (selection, in-stock), category or brand financials, pricing andpromotion management, auditing and analysis of data at granular levels, vendorescalations and concise communications
a) Dive Deep into inputs and understands thedownstream impact of changes to pricing, selection, and convenience formultiple subcategories
b) Ownsthe P & L for multiple brands/subcategories; develops plans that driverevenue and margin improvement
c) Creates strategic and prioritized vendorbusiness plan that maximizes margins and customer experience
2. Vendor Managers are responsible for growingselection, improving terms and cost structures, building long-termrelationships with vendors for the sub categories/brands assigned
a) Focuses on strategic holdout or challengingvendors to increase selection
b) Drivesstrategic negotiations to deliver top- and bottom-line category growth forsub-categories/brands
c) Creates opportunities for growth, customeracquisition for multiple sub-categories
3. Vendor Managers are expected to demonstratecustomer and category knowledge, be an advocate for a quality customerexperience, and understand the competition and industry
4. Vendor Managers are responsible for long termgrowth opportunities and risk identification, planning, communication andpartnering with internal teams
5. Vendor Managers are expected to demonstrate adeep understanding of tools and become advocates for tool enhancements
6. Vendor Managers are responsible for knowledgemanagement, development of self and others, and recruiting