Associate Director-Category Buying (Electronics)
Bangalore, India
Details
Core Areas: Product Sourcing and Selection, Vendor Management, Inventory Management & Fill Rate, Negotiation, Problem solving and stakeholder management
Qualification: 6+ years of experience in category , with at least 3 years in buying.
Our Story
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto is on a mission to save you time making every second count towards life's real joys. Our platform has revolutionised rapid commerce in India with cutting-edge technology and strategically optimised delivery hubs. Zepto offers an extensive range of 45,000+ products, from fresh groceries to electronics, beauty essentials, apparels, toys and more, delivering across 50+ cities in 10 minutes*.
Zepto Caf extends our commitment to convenience, featuring a curated menu of over 200 fresh items.
Your Role
We 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 For
- Bachelor's degree in Business, Marketing, or a related field
- Proven track record of successful product selection and supplier negotiations.
- Strong analytical skills and the ability to make data-driven decisions.
- 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.
