:JOB PURPOSE:Own and deliver the P&L for assigned categories in the C-Store and grow the category revenue and sales through various means and new initiatives including promotion, introduction of new products etc. Also responsible for identification, negotiation and closure with all category partners and suppliers.KEY ACCOUNTABILITIES:Job Specific AccountabilitiesStrategy and PlanningLead and forecast the revenue planning with a monthly, quarterly view for the assigned categories including finalizing and driving commercial fundamentals for your category e.g. hierarchy, range, types of products etc.Define clear metrics for the category/sub-category success and build sustainable programs to structurally drive the same across the organization.Cooperates with the department manager in development of business case for introduction of new products and services, this includes, surveying market and customer’s taste and requirements, expected sales, target group, sourcing channels, GmROI, margin etc.Category SourcingAnalyze industry trends and evolving technology to proactively identify supply base opportunities to reduce cost, minimize risk, protect continuity of supply, and exploit industry developments that benefit the Company.Collects information and analyses for sourcing reliable supplier, negotiates for the lower cost forCompany, collates product details from potential suppliers (e.g. Description, pack size, barcode, cost prices, recommended retail selling prices etc.) and calculates to fix most profitable retail selling price, whilst generating the highest gross margin from the product sale.Evaluates capabilities and resources of new supplier, collect relevant information e.g. trade license, agency letters etc.Monitor supplier performance based on meeting their obligations and self-product availability discusses to improve and maximise the service level from suppliers. Maintains relations and renegotiates, regularly, to embitter terms and reach the lowest, possible, cost price for products.Category ManagementUnderstand the selection requirement, price expectation and create the relevant portfolio of products in the categoryExecuting Revenue Growth Management plans and continuously monitoring promotions and pricing.Reviews, on monthly basis the sales and profitability of each category and item, classifies as good or poor sales and decide for the required change in category items, quality, price, source, or number of SKUs which can be displayed within the space allocated to the category.Works with the planogram manager in order to make sure that category products are getting displayed at the right areas in the C-Stores.Promotion Planning and ExecutionDevelop the promotion plans and campaigns for increasing the overall sales and revenue for the assigned category including calculating the financial cost, expected increase in sales, benefits like reduction in unsold inventory or slow moving inventory, purchasing and negotiation with supplier and manage the roll out of the promotional campaign in coordination with other team at C-Stores.Produces the annual calendar for promotion campaigns in line with overall direction and departmental guidelines and shares it with higher management for approvalStock ManagementManage inventory availability and inventory health including improved instock, inventory planning, vendor operational improvement (efficiency, fill rates, lead time), forecasting, and shrink reduction.Market Analysis and Customer IntelligenceDevelop data backed understanding of customer buying behaviour (across channels) - adoption, repeats, category adjacencies and other relevant buying behavioursManaging the collection and analysis of Consumer, Market and Competitor insights for the category, share findings, and adapt strategy as necessary.Making recommendations to senior management on the category based on one’s expertise of the consumer, market and competitorsEnsuring input metrics for the category such as maintaining in stock, reducing OOS, driving higher fill rates with the brands across all C-StoresCooperates and conduct market research to benchmark C-Store customer offer against other similar retail outlets and review as necessary to improve competitiveness and attract more customers.CollaborationPartner with internal teams to develop tools, automation, and process improvements that affect purchasing and vendor management workflowsOngoing vendor management – ensuring retention, issue resolution, escalation where necessary.RequirementsQUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:Minimum QualificationBachelor’s Degree in marketing, sales, business administration or any other relevant disciplineMasters or post graduate degree is Sales and Marketing will be highly preferableMinimum Experience & Knowledge & Skills10 years of experience in category management department, including 2-4 years in position of increasing responsibility
