Category Manager
5 months ago
We are looking hire Energetic and Highly Motivated Individual for the role of Category Manager - Electronics & Home Appliances
**Role & Responsibilities;**
- Plan and manage the activities to ensure smooth functioning and error-free work flow.
- Devise long-term development strategies for product categories.
- Foster trust relationships with vendors to achieve better pricing and quality of services.
- Collaborate with buyers and merchandisers to expand successful product lines, and implement successful exit strategies for unsuccessful unpopular merchandise.
- Implement category management for assigned products in all branches.
- Review and monitor performance against defined standards.
- Monitor calendar of events and provide a rolling promotion forecast.
- Make forecasts for product demand to ensure the sustainability of inventory.
- Analyze data or insights to determine industry and consumer trends.
- Develop and implement monthly purchase plan.
- Assist Line Manager in market analysis and pricing strategy.
- Visit Branches / Warehouse and discuss issues related to stocks and any other related matter and submit Report to Line Manager
- Evaluate and select new product positioning ideas.
- Monitor compliance at all times to regulations. This includes internal policies and procedures such as operational process standards (Ops) and external government regulations or supplier policies / requirements.
- Understand department process flow, constantly looking for areas of improvement efficiency & review department goals and business plan periodically with team to ensure buy-in and accountability ensures excellent and timely customer service and communication.
- Negotiate pricing and promotional plans, trade deals, target achievements and other related strategies to ensure that maximum profit given.
- Coordinate with Market Survey to obtain information on competitor price strategy and other promotion activities.
- Liaise with marketing teams to determine competitive pricing and promotional activities of a product category
- Place appropriate orders to ensure product availability that meets consumer demands
- Develop exit strategies for unsuccessful products
- Manage inventory for effectively planning and forecasting in order to maximize the profitability of the inventory flow
- Coordinate with Line Manager for matters relating to pricing and suppliers.
- Coordinate with Warehouse for matters related to stock availability and action plans for excess, zero moving items.
- Coordinate with promotion Coordinator for promotion stock availability.
- Supervise and monitor staff for supplier and market analysis.
- Monitor staff work and provide guidelines for smooth operation of work.
- Submit analysis reports for decision making.
**Minimum Qualification ;**
- Bachelor’s Degree in Business Administration, Marketing or any related field / MBA would be an added advantage
- 6-10 years of experience in similar field in large retail sector with proven track record.
- Strong background with merchandising and vendor relationships
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