Beauty Category Manager
4 weeks ago
Job Overview:
As a key member of the Buying & Merchandising team at Reliance Retail, the Beauty Category Manager will be responsible for developing and executing comprehensive strategies to drive business growth and profitability in the luxury beauty segment.
Key Responsibilities:
- Product Knowledge and Trend Analysis: Stay equipped with deep product knowledge and analyze existing and upcoming categories/trends to inform buying decisions.
- Category Management: Develop and implement effective category management practices to capitalize on the unique strengths of each format and customer insights.
- Sourcing and Buying: Formulate comprehensive sourcing and buying plans for both online and offline formats to meet the needs of the Buying & Merchandising team.
- Vendor Relationships: Develop, maintain, and enhance vendor relationships, creating joint business plans to improve profitability and enhance customer value.
- Strategy Execution: Oversee strategy execution, emphasizing continuous improvement based on customer trends and insights.
- Product Availability: Collaborate with the business planning team and vendors to ensure consistent 95% product availability.
- Category Events: Co-create category events for all formats and collaborate with marketing for marketing events.
- Profitability Optimization: Optimize profitability through better margins, higher vendor investments, and joint event partnerships.
Requirements:
1. Bachelor's degree in business, marketing, or a related field (MBA preferred)
2. 4-8 years of working experience as a category manager or brand manager
3. Strong understanding of luxury beauty trends, brands, and consumer preferences
Skills:
1. Excellent senior stakeholder relationship management and analytical skills
2. Strong negotiation skills with the ability to build and maintain relationships with suppliers and partners
3. Proficiency in Microsoft Office tools, Excel, PPT, and analytics platforms like Tableau
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