What are the responsibilities and job description for the Associate Category Manager position at Rite Aid?
SUMMARY
The primary purpose of this position is to support the Category Manager in achieving the goals and objectives regarding assortment, sales, markdowns, margin, net profit, and inventory for a portfolio of product categories. Frequent independent judgments are essential. The incumbent is also required to perform all tasks in observance of Rite Aid’s brand and strategy and adhere to our core values and service attributes.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The associate is responsible for the functions below, in addition to other duties as assigned:
- Develop and manage category advertising, planning, margins, and sales
- Manage a multimillion dollar income budget supporting programs such as advertising, coop, Plenti/loyalty markdown monies, funding, scan funding and temporary price reductions
- Effectively leverage data warehouse to analyze daily, weekly, monthly, and quarterly sales and margin results to help understand if specific strategies and tactics are delivering the intended results. Ensures that insights and learning are executed, and that best practices are shared and leveraged within the organization
- Interact with suppliers to develop assortment, build promotional plans, and ensure that service expectations are met
- Develop and recommend off shelf promotions
- Participate in annual category strategy review, support the development of plan-o-grams, and coordinate implementation by product categories
- Oversee the active items, discontinued items, and promotional purchases in inventory
- Manage against strategic retail pricing objectives, both every day and promotional, to maximize sales and profit
- Participate in Joint Business planning meetings with key suppliers, developing strategic category business plans in alignment with both Rite Aid and supplier partner brand strategic objectives
- Support internal customers by proactively responding to store inquiries/needs and conduct store visits locally
- Leverages Rite Aid customer data to drive decisions. Ensures that insights and learnings are executed and that best practices are shared/leveraged within the organization
Supervisory Responsibilities
This position directly supervises and carries out supervisory responsibilities in accordance with Rite Aid policies and applicable laws. Responsibilities include interviewing, hiring, training, directing, rewarding, and disciplining associates; appraising associate performance; and resolving complaints
Experience / Requirements
- Five (5) years' of experience in retail buying required
Proficiency with Rite Aid internal operating system (1010 data)
- Or equivalent education in lieu of experience
Education
- Bachelor’s Degree in Arts/Sciences (BA/BS) in Business required