Senior Vendor Manager

Job Description:-

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 strong vendor partnerships, 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 judgment, strong vendor management and negotiations skills, deep curiosity to uncover how things work.

Roles and 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 levels, vendor escalations and concise communications.

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  Dive Deep into inputs and understands the downstream impact of changes to pricing, selection, and convenience for multiple subcategories.
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  Owns the P & L for multiple brands/subcategories; develops plans that drive revenue and margin improvement
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  Creates strategic and prioritized vendor business plan that maximizes margins and customer experience
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  Growing selection, improving terms and cost structures, building long-term relationships with vendors for the sub-categories/brands assigned
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  Focuses on strategic holdout or challenging vendors to increase selection
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  Drives strategic negotiations to deliver top- and bottom-line category growth for sub-categories/brands
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  Creates opportunities for growth, customer acquisition for multiple sub-categories

As such:

• 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 responsible for long term growth opportunities and risk identification, planning, communication and partnering with internal teams
  
• Vendor Managers are expected to demonstrate a deep understanding of tools and become advocates for tool enhancements
  
• Vendor Managers are responsible for knowledge management, development of self and others, and recruiting

Requirements