Category Manager, Technology Vendor Management

Maybank; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading company in the financial sector is seeking a Category Manager to oversee and optimize product categories. The role involves market research, strategy development, and supplier negotiations, aiming to enhance procurement effectiveness and drive growth. Candidates should possess strong analytical skills and experience in category management.

Qualifications

• Experience in category management or related field.
• Strong analytical skills with a focus on market trends.
• Ability to lead negotiations and collaborate with cross-functional teams.

Responsibilities

• Conduct market research to identify trends and customer preferences.
• Develop category management strategies to meet business goals.
• Monitor category performance using KPIs and implement improvements.

Skills

Market Research

Strategic Planning

Supplier Negotiation

Performance Monitoring

Collaboration

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.