Category Manager, Technology Vendor Management

Maybank; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading financial institution in Kuala Lumpur is seeking a professional in category management to oversee product category performance. You will conduct market research, develop management strategies, and negotiate with suppliers to drive growth and profitability. The ideal candidate will have strong analytical skills and experience in category management. This role offers an opportunity to influence procurement decisions and operational strategies.

Qualifications

• Strong analytical skills for market research.
• Experience in category management strategies.
• Ability to negotiate favorable terms with suppliers.

Responsibilities

• Conduct market research to identify trends.
• Develop category management strategies.
• Monitor and evaluate category performance.

Job description

Category management is a systematic way to purchase goods and services by grouping segments of procurement spend while increasing revenue, reducing risks, and maintaining partnerships with suppliers. A successful category management process boosts the overall effectiveness of procurement efforts. The category management process is a strategic approach to enterprise procurement. Their primary responsibility is to oversee and optimise the performance of a specific product category within a company.

Job Description:

• Conduct thorough market research and analysis to identify emerging trends, competitive landscape and customer preferences and provide actionable plans.
• Develop and execute comprehensive category management strategies to achieve business objectives and drive growth.
• Maintain robust category management tools and processes, ensuring seamless strategy execution across the organisation.
• Monitor and evaluate category performance, leveraging key performance indicators (KPIs) to identify areas for improvement and implement corrective measures.
• Lead supplier negotiations, ensuring favourable terms and conditions to drive cost savings and strengthen supplier relationships.
• Collaborate with marketing teams to develop effective product messaging, positioning and communication strategies.
• Execute pricing strategies and promotional plans to optimise profitability while considering market dynamics and customer value perception.
• Stay up-to-date with industry trends, competitor activities and technological advancements to provide recommendations to senior management.