Data Analysis:
· Analyze sales data, market trends, and customer preferences to identify opportunities and challenges within the category.
· Use data-driven insights to make recommendations for product assortment and pricing strategies.
Category Strategy Support:
· Assist the Category Supervisor / Manager in developing and implementing category strategies that align with business goals.
· Collaborate with cross-functional teams to execute category plans effectively.
Inventory Management:
· Monitor stock levels and product availability within the category.
· Work with inventory teams to ensure optimal inventory turnover and minimize out-of-stock situations.
Competitive Analysis:
· Conduct research on competitors' products, pricing, and promotional activities within the category.
· Use competitive intelligence to recommend pricing and promotional strategies.
Promotions and Merchandising:
· Assist in planning and executing promotional activities and merchandising strategies within the category.
· Collaborate with marketing and merchandising teams to create effective in-store displays and promotions.
Product Assortment:
· Make recommendations for adding or discontinuing products based on sales data, market trends and Profitability
Vendor Relationships:
· Maintain effective relationships with vendors and suppliers in the category.
· Complete all the required formalities to register a new supplier and provide the required documents to the supplier to complete the registration.
Sales Analysis and Reporting:
· Prepare regular sales reports and performance analyses for the category.
· Provide insights and recommendations for improving category performance.
Customer Feedback:
· Gather and analyze customer feedback related to the category.
· Identify opportunities to enhance the customer experience and meet customer demands.
· Regularly give feedback to reporting manager on competition, loss of orders due to high prices etc.
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