What are the responsibilities and job description for the Category Manager position at Mid-West Equipment Sales?
Description
- Develop and implement category strategies aligned with overall business objectives, including assortment planning, pricing strategies, and promotional activities.
- Conduct thorough market analysis to identify trends, opportunities, and threats within assigned categories.
- Manage vendor relationships, negotiate terms and contracts, and ensure compliance with pricing and promotional agreements.
- Collaborate cross-functionally with sales, marketing, operations, and finance teams to achieve category objectives and drive business results.
- Analyze sales performance, inventory levels, and product performance to identify areas for improvement and implement corrective actions.
- Monitor competitive landscape and industry trends to stay informed of market dynamics and identify emerging opportunities.
- Lead product lifecycle management initiatives, including new product introductions, discontinuations, and SKU rationalization.
- Drive continuous improvement in category performance through data-driven insights and actionable recommendations.
- Provide regular reporting and presentations to senior management on category performance, initiatives, and strategic recommendations.
- Stay abreast of industry best practices and incorporate innovative approaches to category management to maintain competitive advantage.
Requirements
