Product Expert

Year    Bangalore, Karnataka, India

Job Description


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

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Job Detail

  • Job Id
    JD3434840
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year