Category Manager - Color Cosmetics
Posted on :
01-12-2024
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1 Vacancy
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Job Description
- Develop the business plan of the category in line with the strategic objectives of Faces.
- Formulate and communicate the category performance objectives and continuously monitor progress and alignment toward strategic objectives.
- Negotiate annual commercial agreements and the commercialization of advertising spaces with the brands.
- Takes ownership of gross margins & drives an optimal category mix to influence growth.
- Benchmark current performance vs. the competition and the peer market
- Create different tools to improve the categories’ performance
- Handle the production of the annual calendar for the brands promotions, launches, etc.
- Assess the requirements and coordinate with relevant internal/external stakeholders (Marketing, Visual Merchandising, Suppliers, Category Managers and Logistics)
- Negotiate with suppliers for the stock returns (discontinued and slow movers)
- Analyses and helps interpret trends pertaining to the market, competitors, customers & partners, and uses.
- Assists in building a competitive assortment, keeping in mind market and competition trends
- Focus on core categories and new categories/ brands to work on a holistic assortment.
- Works closely with internal functions like a supply chain for inventory management & managing the buying budget, marketing for the promotional calendar, sales operations for driving key initiatives/novelties and e-commerce team in ensuring that the assortment is in line with offline to drive omnichannel retailing.
- Drives team to maximize for the organization through initiatives like space selling (animation)
- Ensures that the commercial teams drive new launches, new categories or new brands/ initiatives successfully.
- Addresses commercial escalations both internal and external.
- Assortment and Lifecycle Management (depending on defined KPIs)
- Store Profitability
- Listing and De-Listing decisions
- Development, Sourcing, and Implementation of new Assortment Concepts, Trends, and Brands.
- Competitive Benchmarking
- Supplier Management & Negotiations
Employment Type
Full-time
Department / Functional Area
Key Skills
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