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A leading distribution company in Singapore is seeking a Category Manager to optimize category performance through strategic management and vendor relationships. The ideal candidate should have 5-7 years of experience in category management with strong analytical and communication skills. This role involves developing pricing strategies and collaborating with sales channels to ensure product availability.
Job Description
1. Category Strategy Development and Execution
Manage category margins, budgets, forecasting and product assortment to optimize category performance.
Analyse sales data, market trends and consumer insights to identify patterns and spot opportunities for category growth
Develop pricing strategies based on market conditions and product performance
Collaborate with sales channels to create promotional plans and campaigns for the category and coordinate with marketing for execution
Coordinate training for sales channels to facilitate understanding of products to properly meet customer needs
2. Product Management
Partner sales channels and procurement team to forecast demand and collaborate with vendors to ensure product availability.
Monitor stock levels, fluctuations in demand and ensure proper inventory management.
Identify slob and collaborate with sales channels to manage slob reduction
Maintain product database to facilitate sales and logistics
3. Vendor Relationships
Build and maintain strong relationships with suppliers.
Negotiate pricing, terms, and promotional activities with suppliers.
Ensure that new products meet quality standards and are delivered in accordance to internal guidelines.
Job Requirements
· Minimum 5-7 years of progressive experience in category management.
· Strong analytical skills and ability to draw actionable insights from complex data sets.
· Demonstrated success in leveraging market insights to drive product strategies.
· Ability to manage vendor relationships and negotiate effectively.
· Excellent communication and collaboration skills.
· Proficiency in relevant software and data analysis tools.
· Ability to develop and implement category strategies.