
Product Category Manager
21 hours ago
The General Merchandise Category Lead is responsible for developing and executing a comprehensive category strategy that drives business performance and profitability. This involves assortment planning, vendor management, pricing, promotions, and inventory optimization to ensure an engaging product mix for customers.
Key Responsibilities
- Category Strategy & Planning
- Develop and implement a category strategy aligned with customer needs, market trends, and company objectives.
- Plan assortment, pricing, and promotional strategies to maximize sales and profitability.
- Monitor and analyze category performance, market share, and competitor activity.
- Buying & Vendor Management
- IDentify, negotiate, and onboard vendors/suppliers for the GM category.
- Negotiate terms including pricing, margins, credit, and delivery schedules.
- Bult strong partnerships with suppliers to ensure reliable supply and innovation in product range.
- Merchandising & Assortment
- Design the product assortment, including core, seasonal, and promotional lines.
- Ensure the right product mix is available across stores and channels (offline/online).
- Work with the visual merchandising team to ensure effective in-store presentation.
- Financial & Business Management
- Owning the P&L of the General Merchandise category.
- Drive margin improvement through effective sourcing and cost negotiations.
- Monitor sales, inventory, and stock turnover, ensuring optimal stock levels.
- Cross-functional Collaboration
- Work closely with Supply Chain Management for demand planning and replenishment.
- Partner with Marketing for promotional campaigns and product launches.
- Collaborate with Store Operations to ensure seamless execution of category initiatives.
Required Skills & Qualifications:
- Strong analytical and numerical skills with business acumen.
- Negotiation and vendor management expertise.
- Understanding of Indian hypermarket/retail landscape.
- Customer-centric approach with ability to anticipate trends.
- Strong planning and execution skills.
- Proficiency in MS Excel, PowerPoint, and category management tools.
Qualifications & Experience:
- Graduate/Postgraduate in Business Administration, Retail Management, or related field.
- 6-10 years of experience in buying/category management, in General Merchandise or related categories.
- Experience in hypermarket/large-format retail is a must.
- Proven track record of handling P&L responsibility.
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