Position Name - Product Expert - Dairy or BakeryLocation - BangaloreExperience Range - 10 plus YearsMandatory Requirement:
Bachelor\'s degree in business, supply chain management, or related field
6+ years of Experience in supplier evaluation, supplier management, and supplier development
Carry a ready vendor network to fast track product development & launches
Job Roles and Responsibilities:1. Product Sharpness :
Carefully select, develop and launch a comprehensive portfolio of products under Food /Non Food in their own brands.
Sharpen the overall product specifications and sourcing process to create an impact while capturing changing consumer preferences and consumption habits.
Drive the growth of the portfolio through having the right assortment mix in place.
2. Vendor Selection & Management :
Develop a network of processors and repackaging partners across the country to effectively source products at the most competitive prices for each market.
Establish and maintain strong relationships with supplying partners to negotiate favourable terms for the organization on all sourcing & service aspects.
3. Sourcing Excellence :
Drive open book / cost plus sourcing practice to improve buying efficiency leading to improved margin delivery
Devise a strategic sourcing plan across categories while constantly evaluating the regionalisation of sourcing for better serviceability.
4. Strict Financial Control :
Exercise strict inventory holding norms to efficiently manage working capital stress
Negotiate higher credit period with vendors to achieve a negative working capital requirement
5. Fast Paced Growth :
Develop a category wise launch and growth playbook in collaboration with the Brand & Merchandising team to drive fast paced portfolio share growth
Work with the Brand marketing team to design and develop portfolio/product level campaigns and help execute them with precision
6. Maintain Competitive Edge :
Track competitor activities to stay ahead in the game and maintain the edge
Stay informed and updated on emerging consumer trends to facilitate better product design and development
Identify opportunities to differentiate and innovate
Qualification and Experience:
Be a sharp negotiator with a robust understanding of component costing model
Possess a strong analytical mindset with the ability to make data-driven decisions
Be sharp in communication, conflict management, negotiation and problem-solving abilities
Proficiency in contract negotiation and procurement
Ability to collaborate with cross-functional teams
Experience in the e-commerce or retail industry is preferred
Knowledge of market trends and supplier performance metrics