Nestasia is looking for a Category Manager who will have the end-to-end responsibility of a sales channel and/or product category, will manage a group or category of products for our company. The person will also be responsible for the pricing and overall promotion of a product category to maximize consumer appeal. Maintaining strong business relations with vendors and product range management will also be part of the duties.
Duties and responsibilities
Devise long-term development strategies for product categories
Develop exit strategies for unsuccessful products
Manage revenue distribution
Analyze channel-consumer behavior, establish channel goals and accordingly manage the channel distribution network
Ascertain the P&L for any particular category for a specified period
Plan, budget, forecast and restock any given category on a regular basis
Build pricing strategy keeping in mind market penetration, value evaluation and dynamicity of the market and consumer behavior
Develop and execute category plans to meet revenue goals
Lead cross-functional projects
Ownership of project and use customer data to identify and prioritize opportunities
Understand and have a passion for E-commerce
Identify growth levers and drive growth
Drive portfolio management and inventory management
Conduct assortment of products on offer with the most optimum selection
Determine periodic planned sales- based on historical sales figures;
planned price cuts- based on planned discounts and promotions;
for OTB allocation
Carry out recurring market, latest trends & competitor analysis and have a deep understanding of the same for successful interpretation and review
Provide regular reports to the management based on accumulated data analysis
Desired Candidate Profile
Excellent communication (English & Hindi) and negotiation skills
Should have good work ethics and calm attitude
Well versed with intermediate level of Excel
Should have strong mathematical and analytical skills
Experience of 2-4 years in relevant field (business, category management, buying, selling or finance) preferred
Should have the ability to move and adapt to high-paced industry mechanisms and business environment changes
Candidate with MBA from a top ranked B-School preferred