Category Manager develops the overall strategy for a product category and researches new product options in the category to drive sales and achieve targets. Leads a team that provides category insights and proposals by analyzing marketing and customer data and monitoring relevant market conditions. Being a Category Manager works closely with sales team to determine optimal pricing through analysis of sales trends, competitors, buying habits and planograms of products to promote sales opportunities. Provides effective promotional materials. Additionally, Category Manager may develop special arrangements with vendors to enhance product promotions. Requires a bachelor's degree of marketing. Typically reports to a head of a unit/department. The Category Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Category Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
Position Summary:
The Advanced Category Manager will develop and manage procurement projects and sourcing strategies utilizing the seven step strategic sourcing process to obtain business value and market research. Responsibilities include negotiation, contracting, implementation and ongoing supplier management for continuous improvement. On an ongoing basis, the Advanced Category Manager monitors, analyzes and integrates changes to the internal business requirements and external supply market drivers that can impact future business performance for the assigned spend category and modifies the sourcing strategy accordingly. The Advanced Category Manager also leads the Corporate Procurement team in their day-to-day responsibilities as well as strategic projects they are involved in.
Primary Duties and Responsibilities (not limited to the following):
* Manage people – Lead Corporate Procurement Team
* Primary Strategic Category focus:
o Capital Expense
o Strategic Projects
o Turnaround / Planned outages
o High risk and business impact commercial agreements.
* Develop a detailed understanding of CountryMark’s business, serve as the source of category insight, content and process knowledge to support category related business requirements
* Understand historical spend and supplier performance
* Identify and maintain relationships with internal stakeholders to ensure understanding of current and future business needs
* Work with internal stakeholders to develop sourcing plans
* Benchmark market for key services used throughout CountryMark
* Develop market analysis including: developing strategies to ensure maximum leverage for category purchases, and evaluating capacity delegating when necessary
* Identify and maintain relationships with major suppliers to ensure inclusion of the appropriate suppliers in the right opportunities for maximum benefit
* Identify and maintain relationships with major category suppliers and industry analysts gathering insight to better understand suppliers’ key differentiations, technology road-maps and business modes with the goal of identifying opportunities to improve the overall quality and delivery of products and services
* Oversee complex category specific sourcing projects including: development, implementation and evaluation of the solicitation, negotiations preparation and execution, contract award and implementation, and supplier management
* Serve as a subject matter expert to coach/advise business in sourcing processes. Collect, develop and maintain intellectual capital related to strategic sourcing of the categories to include: Supplier lists by appropriate subcategory, and sustainable cost improvement processes
Job Qualifications (refers to job, not incumbent):
Education: Minimum: Bachelor’s Degree in business administration, logistics, finance or related field.
Experience: Minimum: 7-10 years professional experience in category management, managerial experience preferred.
Other:
* Expert knowledge of the principles, practices and methods of procurement.
* Competent knowledge of sources of supply, commodity pricing methods and marketing practices.
* Competent knowledge of electronic procurement data processing systems (ERP).
* Working knowledge of accounting and record keeping practices as applied to procurement activities.
* Effective oral and written communication skills.
* Proficiency in Microsoft Office platform.
* Effective contract and procurement project negotiation skills.
* Ability to develop and maintain effective working relationships with associates, officials, employees in other agencies, suppliers, contractors and the general public.
* Ability to plan, assign and review the work of a team of procurement professionals.
* Ability to analyze and interpret pre-qualification questionnaires and financial statements submitted by bidders.
* Ability to prepare clear, concise reports and analysis.
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