Product Category Manager

GalloupVandalia, OH
4d

About The Position

Reporting to the Vice President of Strategic Partnerships the Product Category Manager plays a critical role in building and sustaining strategic vendor partnerships. This position focuses on developing and maintaining strong supplier relationships, negotiating favorable contracts, and analyzing supplier performance to align with organizational goals. By leveraging market insights and collaboration with vendors, the Product Category Manager drives category growth through optimized assortments, pricing strategies, and promotional initiatives. The role also involves monitoring supplier compliance, mitigating risks, and fostering continuous improvement to enhance value, reduce costs, and secure long-term partnerships. Through effective vendor engagement and cross-functional collaboration, this position ensures consistent product availability and supports overall business success.

Requirements

  • 5 years of experience in category management, procurement, sales or merchandising within the electrical industry
  • High school diploma or GED
  • Experience working with Microsoft Office products, especially Excel; strong analytical skills; ability to interpret sales data and market trends
  • Excellent negotiation and supplier relationship management skills
  • Self-motivated; ability to work collaboratively with cross-functional teams
  • Strong communication and presentation skills
  • Ability to see, talk and hear
  • Ability to sit for 8 hours a day

Nice To Haves

  • 10 years of experience in category management, procurement, sales or merchandising within the electrical industry; experience using ERP systems or data analytics tools
  • proficiency in inventory management and demand forecasting
  • Bachelor’s degree in marketing or supply chain management

Responsibilities

  • Build and maintain relationships with suppliers, negotiate contracts, and manage supplier performance to ensure optimal pricing, quality, and availability of products
  • Develop and implement category strategies aligned with overall business objectives, considering market trends, customer needs, and competitive landscape
  • Determine the assortment of products within each category, considering customer preferences, sales data, and profitability
  • Collaborate with Purchasing to review inventory levels, forecasts, and demand patterns to optimize stock levels and minimize out-of-stock situations while managing inventory turnover
  • Collaborate with marketing and sales teams to develop promotional strategies, pricing structures, and promotional campaigns to drive sales and achieve margin targets
  • Conduct market research, analyze sales data, and monitor industry trends to identify opportunities for growth and improvement within assigned categories
  • Work closely with sales, marketing, and operations teams to align category strategies with overall business goals and ensure effective implementation
  • Define and track key performance indicators (KPIs) such as sales performance, margin contribution, and inventory turnover to evaluate category performance and make data-driven decisions
  • Regularly review and optimize category performance through data analysis, consumer insights, and feedback to enhance product offerings and customer satisfaction
  • Identify and mitigate risks related to supplier relationships, market changes, and competitive pressures to ensure continuity of supply and profitability
  • Other duties as assigned
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service