Vashi Integrated
3 weeks ago
Key Strategy & Planning:
- Develop and implement a comprehensive category strategy for pumps to align with business goals.
- Analyze market trends, customer segments, and competitor offerings to uncover growth opportunities.
Supplier & Vendor Management:
- Build and maintain relationships with suppliers; negotiate favorable terms, pricing, and long-term contracts.
Product Assortment & Lifecycle:
- Define product assortment, launch new models, and phase out underperforming products.
Pricing & Profitability:
- Establish competitive pricing strategies and promotional mechanisms to maximize margins.
Inventory & Demand Management:
- Collaborate with supply chain to optimize stock levels, avoid shortages and overstock, and ensure timely Collaboration:
- Work closely with Sales, Marketing, R&D Team and Supply Chain teams to ensure cohesive category execution.
Market Intelligence & Reporting:
- Monitor competitor activities, industry trends, and customer feedback.
- Use analytics to optimize the product line and inform leadership.
Performance Analysis:
- Track key performance indicators (KPIs) such as sales, margin, inventory turns, and profitability.
- Drive corrective actions where needed.
Leadership & Mentorship:
- Create, Guide and mentor team members focused on pumps, ensuring alignment with company objectives and category goals.
Qualifications & Required Skills:
Education: MBA is an advantage.
Experience:
- Proven 5+ years in category management or product leadership - preferably in industrial components, pumps, or mechanical systems.
- Analytical Prowess: Strong ability to interpret sales data, market trends, and forecast demand.
- Commercial Acumen: Expertise in supplier negotiation, pricing models, and margin optimization.
- Cross-functional Coordination: Skilled at collaborating across departments and driving multi-stakeholder initiatives.
- Industry Knowledge: Deep understanding of pump applications, customer needs, and market dynamics.
- Communication & Leadership: Excellent presentation, reporting, and team leadership capabilities.
Preferred Attributes:
- Prior exposure to international sourcing and supplier ecosystems.
- Experience in launching new models or variants within the pump category.
- Familiarity with ERP systems and category management tools
(ref:iimjobs.com)
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