Co. Profile: Flipkart was given wings in the year 2007 by two IIT alumni, Sachin and Binny Bansal. In what has been a stupendous six year journey so far, today we stand tall as India’s largest ecommerce marketplace, with the highest sales of consumer electronic products and books, surpassing large offline chains in these categories. With more than a million visitors every day, and a registered user base of 10 million we are one among the top 10 websites in India today.  Our focus has always been on making online shopping a delightful experience for customers – and that will always be our core purpose. With rapid growth in internet adoption and mobility, e-commerce is poised to grow manifold, and Flipkart is strongly positioned to leverage this opportunity. Patronage from investors has been encouraging ever since Flipkart was born and recently Flipkart raised over Rs. 2000 crores in funding, reposing investors faith in us. We aim to hit USD 1 billion in GMV by 2015 – we are more than halfway there already! Our vision is to be $20 billion Company by 2020.  Yes, we have great plans for the future, but we have come this far in a short span of 6 years, largely because we have stayed focused on hiring and retaining the best talent and offering our employees great opportunities for learning, skill development and growth.   In retail, customers can purchase as much as they can “see”. In e-commerce, customers can purchase as much as they “want”. Flipkart’s ability to deliver great prices and great service to our customers hinges upon our ability to build a great selection at great prices.  A number of decisions, both strategic and tactical will require your insights. Can you gauge the pulse of the market? Can you decide what selection to keep? Can you decide whom to buy from? When do you go cheap, when do you go fast? Can you balance tough negotiations with relationship building? Can you communicate with CXOs of large brands? Can you create value for Flipkart, our customers and also our vendor partners?   Sourcing requires multiple skills and is one of the most challenging roles at Flipkart. Are you ready for it?  Business strategy  - Know the customer: Deeply understand customer behaviour, develop new customer insights  - Own the business: Co-own the P&L, develop the business model, understand where opportunities are and create a viable business to service them  - Know the market: Stay on top of trends in an ever-changing landscape, find opportunities and prioritize based on size, internal capabilities, etc.  - Know the competition: Understand on-line and off-line players. Ensure Flipkart selection stays well ahead of competition  - Influence the leadership: Convert strategies into action by liaising with cross-functional leadership and drive the changes required  Vendor Management  - Develop deep and long standing relationship with the vendors - to drive relationships from the strategic to the tactical  - Own the terms of business with the vendor - products, returns, ordering, etc.  - Ensure high-share of mind from the vendor. Build deep ties.  - Make vendors partners in driving disruptive changes for the category  Market Understanding  - Develop a thorough knowledge of the market - short term and long term trends  - Have an in depth knowledge of competition and vendor and ability to influence the market  - Develop and implement industry best practices. move the industry with you!  Selection and Offers  - Own buying cost improvement and overall portfolio management  - Manage in store promotions along with brands - make brands partners in customer communication  - Make Flipkart the “destination of choice” for the customers through the largest and the greatest assortment of products on offer  - Drive portfolio management for best offers and discounts for the customers  Purchasing and Inventory  - Key driver of working capital management and inventory - ensure an optimal   - Develop and manage a purchase strategy with the brands to ensure best selection along with the optimal cost and service.  People leadership  - Build, retain and groom a strong team to deliver across functions  - Set goals, define KPIs and ensure team tracks effectively towards goals  Desired background  - Educational background – should be from premier institutes  - 4-8 years of work experience, 4+ years in buying role or 2-4 years in a premier consulting company  - Knowledge of Retail, consumer goods industry is a plus

Bangalore

Flipkart - Sr Manager - Buying 

Flipkart - Sr Manager - Buying  ,Job Description for Flipkart - Sr Manager - Buying  in Flipkart in  Bangalore for (4-8) years of experience. Apply Now!

Job Description for Flipkart - Sr Manager - Buying  in Flipkart in  Bangalore for (4-8) years of experience. Apply Now!