Buying Lead_ Soft Furnishing

Job Opportunity with leading Home Furnishing company

Please Note:- We are looking exclusively for candidates with Buy-side experience in the Soft Home Furnishings category.

Role Buying Lead

Department Household Buying

Band :- Manager

Grade M1-A/M2/M2-A

Experience :- 7 to 15 Years

Location :- Bangalore

Role Summary

Develop the overall category strategy including long-term growth plan, product portfolio mix, pricing, positioning etc. Own the category PnL and drive development, growth and margins.

Key Job Responsibilities

• Create short-term and long-term business plans for the category (Sales and margin forecasting, budgeting at a product level)
• Vendor identification, negotiations, on-boarding and development.
• Driving excellence in vendor operations along with key metrics like cost, quality, speed and ethics.
• Supplier/ Vendor management across different product categories
• Adding new vendors and categories proactively by constantly improving Quality, Cost and Delivery terms with suppliers across India
• Launching unique products across different categories in line with cost, quality, and ethical considerations.
• Monitor category metrics against goals on a regular basis and deep dive where needed to drive performance
• Driving standardization: Ensuring standardization of products, process and prices
• Closely monitor industry trends and competitor developments (new launches, product features, pricing, etc.)
• Analyse the current trends and forecast future consumer trends based on seasonality, environment/external factors, demand, competitor analysis, etc.)
• Develop a product positioning strategy that drives growth and consumer loyalty.
• Be the voice of the customer internally - monitor consumer feedback and consumer insights to drive continuous improvement.
• Build and manage the category team (e.g., hiring, goal setting, performance management)
• Leading efforts to coach key team members towards their growth and development in making efficient buying decisions.

Key Result Areas (KRAs)

Financial

• Top line and bottom-line achievement

Customer

• Right availability, Freshness & Launch timelines

Process

• Process adherence

People

• Self-development & Value adherence