Category Manager - Home Furnishings, Office Supplies, and Electronics

NOT LIVE-posted 1 day ago

Full-time • Manager

Onsite • Boca Raton, FL

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The Category Manager (Home Furnishings, Entertainment/Media and Office) is accountable for leading a category team that strategizes to deliver market share targets and build consumer loyalty. Achieve sales, inventory turns and gross profit targets in assigned merchandise departments. To source, price and market product to profitably grow the assigned department to the gross profit line. Build vendor alliances and programs that build long term health of assigned merchandise departments. Joining The North West Company International (NWCI) gives you the opportunity for growth and development throughout the company, an attractive and competitive salary and benefits package, and to be part of a dynamic and diverse culture. NWCI is a leading retailer to under-served rural communities and urban neighborhood markets in the following regions: Northern Canada, Western Canada, rural Alaska, the South Pacific islands, and the Caribbean. Our stores offer a broad range of products and services with an emphasis on food. Our value offer is to be the best local shopping choice for everyday household and local lifestyle needs. Check out northwest.ca for more information.

Responsible for supervising the department(s) Associate Category Manager and Replenishment Buyer
Monitor performance of assigned tasks of reporting employees
Train and develop reporting employees to meet department goals
Train and develop reporting employees for department succession
To continually evaluate all available vendors and select the appropriate vendors based on the following criteria: cost, terms, service level, time in transit (cost of interest and necessary inventory level) and quality
Establish the appropriate retail prices to attain the budgeted gross profit
Ensure that product selection is appropriate to marketplace.
Monitor inventory levels in the stores and depots to the budgeted goals
Build allocations by store
Negotiate vendor terms such as freight, order minimums, service level and costs
On a yearly basis, negotiate vendor funding to support marketing and in store merchandising efforts
Continually seek new merchandise through publications, trade shows, and vendor meetings
Meet sales and budgeted margin goals
Ensure that all necessary tasks are done each month to make sure that margin budgets are met for each period
Manage pricing and markdowns at store level
Continually communicate with store personnel regarding competitive pricing on category items
Assist the Operations department and store personnel to continually improve and refine the product mix being offered in each store to attain the maximum sales per square foot
Develop strategic marketing plans including: advertising, in store specials, promotional and special buys
Meet with marketing each week to discuss all promotional activity
Monitor and report weekly on promotional costs and benefits
Maintain a yearly merchandise marketing calendar for assigned categories
Manage promotional markdowns within budget
Perform category assessments on all categories and implement changes necessary as outlined in plan. Category plans must be done once a year with a chosen vendor partner, assigning roles, strategies and goals that meet format strategies. This includes all major financial performance goals of: profitable sales, costing, pricing, and assortment
Meet category assessment timelines as assigned by VP of Procurement & Marketing
Monitor and report on category performance post assessments. Refine as needed on an ongoing basis
Provide schematics for store layouts
Gather and analyze consumer data, market and industry information to ensure proper formulation of strategies and tactics that enables effective prediction and reaction to the industry trends in order to drive innovation in the assigned categories
Assist in setting the initial sales, gross margin, and inventory forecasts used in developing the final operating budget. Put plans in place to meet monthly budgets as outlined through retail management, vendor rebates, and markdown management
Monthly, report on P&L results and take corrective action as needed
Learn all aspects of system and reporting tools that are required to perform job duties
Ensure employees receive necessary training on system and reporting tools to properly perform their job duties

Bachelors degree in business or equivalent from a 4 year college or Three year related experience or training or equivalent combination of education and experience
Extensive MS Office Suite experience including above average knowledge of Excel
Strong analytical skills
Strong organizational and prioritization skills
Strong math skills
Aptitude with successful negotiations
Strong communication skills both oral and written
5 years retail experience in a supervisory role, retail management and/or previous purchasing experience preferred
Experience with Profit and Loss statement review, budgeting and operating statement review experience preferred
Strong customer service skills
Ability to problem solve complex issues; know when to escalate
Impeccable attention to detail
Strong time management
High aptitude and resolve to achieve goals
Ability to negotiate with vendors to meet Category targets and objectives
Ability to set own priorities based on workload
Ability to work well with a team
Able to thrive in a high-stress and fast-paced environment
Financial analysis capabilities
Must be able to work independently with limited direction

Joining The North West Company International (NWCI) gives you the opportunity for growth and development throughout the company, an attractive and competitive salary and benefits package, and to be part of a dynamic and diverse culture.

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Category Manager - Home Furnishings, Office Supplies, and Electronics

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