Objective : Lead and own end to end business development of a large portfolio.
Business strategy :
- Own the business: Co-own the P&L, develop the business model, understand where opportunities are and create a viable business to service them.
- Know the market: Stay on top of trends in an ever-changing landscape, find opportunities and prioritize based on size, internal capabilities, etc.
- Influence the leadership: Convert strategies into action by liaising with cross-functional leadership and drive the changes required.
Vendor Management :
- Develop deep and long standing relationship with the vendors - to drive relationships from the strategic to the tactical.
- Own the terms of business with the vendor - products, returns, ordering, etc.
Market Understanding :
- Develop a thorough knowledge of the market - short term and long term trends.
- Have an in depth knowledge of competition and vendor and ability to influence the market.
Selection and Offers :
- Own buying cost improvement and overall portfolio management.
- Manage in store promotions along with brands - make brands partners in customer communication.
- Drive portfolio management for best offers and discounts for the customers.
Purchasing and Inventory :
- Key driver of working capital management and inventory - ensure an optimal.
- Develop and manage a purchase strategy with the brands to ensure best selection along with the optimal cost and service.
Desired Competencies :
- Ability to translate strategies into execution plans and take them to completion.
- Willing to take calculated risks to grow the category
- Highly analytical
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