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Category Leader
2 weeks ago
The Senior Category Manager is responsible for developing the overall strategy for a product category and researching new product opportunities within the category to drive sales and achieve set targets.
Key Responsibilities:- Analyze data to determine industry and consumer trends, ensuring alignment with business objectives.
- Establish long-term partnerships with direct distributors and sellers, fostering strong relationships to drive revenue growth.
- Identify and capitalize on new suppliers based on strategic direction, enhancing product offerings and increasing market share.
- Collaborate with cross-functional teams to set yearly budget/sale targets and profit per category, driving business results.
- Administer price setting and respect margins per category, maintaining a competitive edge in the market.
- Monitor and enhance category/product performance through data-driven insights and analytical skills.
- Develop long-term development strategies for product categories, ensuring sustainable growth and profitability.
- Create exit strategies for unsuccessful products, minimizing losses and maximizing returns.
- Foster trust relationships with vendors to achieve better pricing and quality of services, driving value for the business.
- Determine positioning of a product category to maximize visibility, driving sales and revenue growth.
- Monitor price and competition, staying ahead of market trends and adapting strategies accordingly.
- Collaborate with buyers and merchandisers to expand product categories, identifying new opportunities for growth.
- Prefers e-commerce working experience or retail industry experience, with a strong understanding of market dynamics.
- Strong organizational and structural skills, with knowledge in financial acumen and ability to analyze data.
- High level of commitment and time management proficiency, with excellent communication and negotiation skills.
- Strong analytical skills, comfortable dealing with numerical data and having a strong attention to detail.
- Ability to dig into detail, manage complexity, and drive decision-making, making informed strategic decisions.