Assistant Vendor Manager
London
Currys London Campus at Waterloo (LHO002)
Secondment- 6 Months
Full Time
Grade 3
Hybrid - 2 - 4 days in our Waterloo office per month
At Currys we’re united by one passion: to help everyone enjoy amazing technology. As the UK’s best-known retailer of tech, we’re proud of the service our customers receive – and it’s all down to our team of 25,000 caring and committed colleagues. Working as one team, we learn and grow together, celebrating the big and small moments that make every day amazing.
Positioned within the commercial team, you will be right in the centre of a fast-paced team, also working hand in hand with the go to market team, building strong relationships with our supplier partners. As an Assistant Vendor Manager, you will be a part of all supplier negotiations in line with the category strategy. You will select and negotiate product ranges and pricing, all terms and conditions, and all investments in our business and its activity. You are accountable for ensuring cost pricing allows us to remain competitive for customers while maximising EBIT return and securing adequate differentiation against competitors.
Role overview:
As part of this role, you'll be responsible for: Managing your Computing category supplier relationships in line with our overall commercial supplier strategy and the category strategy. Harnessing credible relationships with your suppliers and developing a sourcing strategy to both bring customers the best ranges and support the core category strategy, supported with availability and marketing roadmap. Working with suppliers to develop a strong understanding of the future technology roadmap, enabling the category to adequately plan for likely changes in customer trends and demand. Negotiating product ranges – cost pricing, additional terms, exclusivity, distribution, stock availability with distributors. Negotiating additional fixed and variable financial terms related to ranging, activity and performance – maximizing EBIT across SBRE. Negotiating promotional funding support to drive sales while maintaining margin in line with financial objectives. Securing adequate product and promotional differentiation from competitors to support market share growth objectives. Pricing the product range in line with agreed category CPI targets. Working with the returns team to ensure adequate supplier returns agreements are in place contractually to both meet customer service requirements and minimise cost exposure after sale. Using customer and market data provided by the go to market team to ensure correct ranges and promotional plans are in place to drive customers for life. Remedying all supplier issues relating to cost price, product, stock, and other. You will need: Buying experience working within a FMCG/Fashion or Hard Goods fast-paced retailer. Negotiation skills and ability to manage all supplier partnerships. Good judgment and strong decision-making skills to enable the right actions for the category. Excellent numerical and analytical skills to review data and provide recommendations/actions plans to drive sales, profit and cash. Good planning, organisational and multitasking skills. Excellent inter-personal and communication skills, capable of presenting to senior stakeholders as well as working cross functionally to achieve the desired results. Customer champion with excellent commercial awareness and understanding of customer needs. Experience of working to deadlines and managing critical paths. Monitoring internal controls and making recommendations as needed. Educated to degree standard or equivalent. Experience of both the Electricals market and products. We know our people are the secret to our success. That's why we're always looking for ways to reward great work. You'll find a host of benefits designed to work for you, including: 25 days of annual leave (plus bank holiday entitlement). Hybrid working; arrangements will depend on your role and business requirements. Discretionary/Performance based bonus. Colleague discounts (shopping, cinema, food discounts etc.). Join our team and we'll be with you every step of the way, helping you develop the career you want with new opportunities, on-going training and skills for life. Not only can you shape your own future, but you can help take charge of ours too. As the biggest recycler and repairer of tech in the UK, we’re in a position to make a real impact on people and the planet. Every voice has a space at our table and we're committed to making inclusion and diversity part of everything we do, including how we strengthen our workforce. We want to make sure you have a fair opportunity to show us your talents during our application process, so if you need any additional assistance with your application please email careers@currys.co.uk and we'll do our best to help.
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As part of this role, you'll be responsible for: Managing your Computing category supplier relationships in line with our overall commercial supplier strategy and the category strategy. Harnessing credible relationships with your suppliers and developing a sourcing strategy to both bring customers the best ranges and support the core category strategy, supported with availability and marketing roadmap. Working with suppliers to develop a strong understanding of the future technology roadmap, enabling the category to adequately plan for likely changes in customer trends and demand. Negotiating product ranges – cost pricing, additional terms, exclusivity, distribution, stock availability with distributors. Negotiating additional fixed and variable financial terms related to ranging, activity and performance – maximizing EBIT across SBRE. Negotiating promotional funding support to drive sales while maintaining margin in line with financial objectives. Securing adequate product and promotional differentiation from competitors to support market share growth objectives. Pricing the product range in line with agreed category CPI targets. Working with the returns team to ensure adequate supplier returns agreements are in place contractually to both meet customer service requirements and minimise cost exposure after sale. Using customer and market data provided by the go to market team to ensure correct ranges and promotional plans are in place to drive customers for life. Remedying all supplier issues relating to cost price, product, stock, and other. You will need: Buying experience working within a FMCG/Fashion or Hard Goods fast-paced retailer. Negotiation skills and ability to manage all supplier partnerships. Good judgment and strong decision-making skills to enable the right actions for the category. Excellent numerical and analytical skills to review data and provide recommendations/actions plans to drive sales, profit and cash. Good planning, organisational and multitasking skills. Excellent inter-personal and communication skills, capable of presenting to senior stakeholders as well as working cross functionally to achieve the desired results. Customer champion with excellent commercial awareness and understanding of customer needs. Experience of working to deadlines and managing critical paths. Monitoring internal controls and making recommendations as needed. Educated to degree standard or equivalent. Experience of both the Electricals market and products. We know our people are the secret to our success. That's why we're always looking for ways to reward great work. You'll find a host of benefits designed to work for you, including: 25 days of annual leave (plus bank holiday entitlement). Hybrid working; arrangements will depend on your role and business requirements. Discretionary/Performance based bonus. Colleague discounts (shopping, cinema, food discounts etc.). Join our team and we'll be with you every step of the way, helping you develop the career you want with new opportunities, on-going training and skills for life. Not only can you shape your own future, but you can help take charge of ours too. As the biggest recycler and repairer of tech in the UK, we’re in a position to make a real impact on people and the planet. Every voice has a space at our table and we're committed to making inclusion and diversity part of everything we do, including how we strengthen our workforce. We want to make sure you have a fair opportunity to show us your talents during our application process, so if you need any additional assistance with your application please email careers@currys.co.uk and we'll do our best to help.
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