Job Description
Roles & Responsibilities
- Analyze sales data, market trends, and competitor activities to identify opportunities for category growth and make data-driven decisions to optimize product performance.
- Assist in the development and implementation of category strategies, including product assortment, pricing, and promotional plans, ensuring alignment with overall business objectives.
- Collaborate with cross-functional teams, such as marketing, merchandising, and supply chain, to execute category initiatives and drive successful product launches.
- Manage and maintain product catalogs, ensuring accuracy of product information, images, and specifications across all relevant platforms.
- Monitor inventory levels and forecast product demand to minimize stockouts and optimize inventory turns, improving overall category profitability.
- Negotiate with suppliers to secure favorable terms, pricing, and promotional support, maximizing category margin and profitability.
- Conduct regular store visits and market research to understand consumer preferences and identify new product opportunities, staying ahead of market changes.
- Prepare and present category performance reports, highlighting key metrics, trends, and recommendations to senior management, providing actionable insights.
- Assist in the planning and execution of promotional activities and marketing campaigns, ensuring effective product placement and driving sales.
- Manage relationships with vendors, ensuring that they comply with all company policies and procedures, including product quality and delivery timelines.
Desired Candidate Profile
- Exhibits strong organizational and time management skills, prioritizing tasks effectively and meeting deadlines in a dynamic work environment.
- Demonstrates a keen understanding of consumer behavior and market trends, allowing for the identification of emerging opportunities and innovative solutions.
- Possesses a proactive and results-oriented mindset, thriving in a fast-paced environment and consistently meeting or exceeding performance targets.
- Displays strong negotiation skills, resulting in mutually beneficial agreements with suppliers and vendors, optimizing category profitability.