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Director - Buying - Mumbai, India - Zepto
Description
Director - BuyingMumbai, Maharashtra, IndiaDetailsCore Areas:
Product Sourcing and Selection, Vendor Management, Inventory Management & Fill Rate, Negotiation, Problem solving and stakeholder managementQualification: 6+ years of experience in category , with at least 3 years in buying.
Our StoryZepto is a fast-growing startup unicorn that delivers groceries in 10 minutes flat through an optimized network of dark stores we're building nationwide We're present in all Indian metros - Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, Pune, and KolkataWe're incredibly well-funded and our investors include Y Combinator, Glade Brook, Nexus Venture Partners, and more We've also built out one of the best startup teams in India, with Senior Executives from Uber, Zomato, Meesho, Flipkart, Dream11, and institutions like Stanford, INSEAD, IIM, and IIT
Your RoleWe are seeking a skilled and motivated Buyer to join our Category division.
This role is essential in curating a diverse and compelling product assortment that meets our customers' needs and drives category growth.
The ideal candidate will have a deep understanding of the market, strong analytical skills, and the ability to build and maintain relationships with suppliers and brands.
Key Responsibilities:
Product Assortment:
Source and select a wide range of products that align with our category strategy and meet customer demands.
Conduct market research to identify new trends, product opportunities, and competitive offerings.
Develop and maintain a well-balanced and profitable product assortment.
Supplier Relationship Management:
Establish and nurture strong relationships with suppliers, brands, and manufacturers.
Negotiate terms, pricing, and contracts to secure favorable deals and exclusivity where possible.
Collaborate with suppliers to ensure timely delivery and high-quality standards of products.
Inventory Management:
Monitor inventory levels to ensure optimal stock availability and minimize excess inventory.
Analyze sales data and forecast demand to make informed purchasing decisions.
Implement strategies to manage slow-moving inventory and reduce obsolescence.
Sales and Marketing Collaboration:
Work closely with the sales and marketing teams to develop promotional strategies that drive product visibility and sales.
Provide input on marketing campaigns, events, and promotions to maximize impact and reach.
Coordinate with the merchandising team to ensure effective product placement and presentation.
Financial Management:
Manage the buying budget, ensuring efficient allocation of resources and achievement of financial targets.
Analyze financial reports to assess product performance and profitability.
Implement corrective actions to address any variances and optimize financial outcomes.
Customer Focus:
Champion a customer-centric approach in all buying decisions, ensuring products meet customer expectations and preferences.
Utilize customer feedback and insights to refine product assortment and enhance the shopping experience.
Ensure the highest standards of quality and satisfaction in all purchased products.
What We're Looking ForBachelor's degree in Business, Marketing, or a related fieldProven track record of successful product selection and supplier negotiations.
Excellent negotiation, communication, and interpersonal skills.
Deep understanding of category trends and consumer behavior.
Ability to work in a fast-paced environment and manage multiple priorities.
Strong attention to detail and organizational skills.
Proficiency in using buying and inventory management software.
Why Join Us?Zepto is on a blitzscaling path unlike any other startup today. Be the digital flagbearer for demand in this journey.
The opportunity to join one of the fastest-growing unicorns is rare. Also, we're giving our team strong equity to create lasting wealth as our company grows.
