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Zepto
74 Zepto Jobs
·
4-7 years
₹ 5 - 14L/yr
Bangalore / Bengaluru
9 vacancies
Sourcing Product Expert - Processed Food
Zepto
posted 27d ago
Flexible timing
Key skills for the job
Core Areas : Sourcing & Vendor Management
Our Story
Founded in 2021 by Stanford University dropouts, Aadit Palicha and Kaivalya Vohra, Zepto is
Indias fastest growing e-grocery company valued at $1.4 Billion following its recent Series-E
fundraise of $200 Million from marquee global investors including StepStone Group,
Goodwater Capital, Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners,
Glade Brook Capital, and Lachy Groom.
Zepto is present across 11 major cities in the country, with 1000+ employees strong, and
delivering 5000+ products, including fresh fruits and vegetables, daily cooking essentials,
dairy, health-and-hygiene products, etc., to Indian homes within 10 minutes. Through strong
tech capabilities, an efficient business model, and a network of highly optimized delivery
centers across its 10 locations, the company is revolutionizing the Indian grocery segment
currently pegged at $600 Billion, making it easier and more convenient.
Own Brands focus
Quality doesn’t have to cost more”, with that as our motto, we persistently strive to bring
affordability to our shoppers and empower them to make smarter choices. Convenience,
being the key promise, zepto’s own brands helps take the stress off the customers’ of having
to make a constant trade-off between high prices & low quality, every day.
We are looking for team members who are passionate to develop and present awesome
products to our customers delighting them at all times through these super-value offerings.
They should be courageous to challenge the status quo and display an uncompromising
attitude of driving improved customer experience. We are keen to have team members who
are self-motivated and highly driven to join our fast-growing team. You'll help us build an
exclusive high value delivering portfolio of Own Brand products, which not just excites
customers, but also our finance team, delivering higher profitability Index.
About the role
This role involves designing and developing products through a strategizing sourcing lens, for
a portfolio of product cutting across multiple categories.
Key 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 most competitive prices for each market.
○ Establish and maintain strong relationships with supplying partners to negotiate
favourable terms for the organisation 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 the emerging consumer trends to facilitate better
product design and development
○ Identify opportunities to differentiate and innovate
What We’re Looking For
We are looking for passionate product team members who derive joy out of delighting
consumers and improving their life experiences through a portfolio of products delivering
super-value. The team member should :
○ 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
○ 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
Why join us?
Zepto is the fast-growing quick commerce startup not just in India but globally that delivers
groceries in 10 minutes flat. We’re incredibly well-funded and focused on growing the
business with profitability in focus. Hence Own Brands is core to our growth strategy which will
help improve our margin delivery fast pacing our road to profitability.
Employment Type: Full Time, Permanent
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