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2 weeks ago
Brief Role Description:
Optimize sales for a category of products within the Pharmacy stores, including management of the end-to-end product lifecycle for assigned categories including product introductions, product pricing, forecasting, depletions, promotion planning, optimal inventory levels as well as maintaining a productive relationship with vendors that is mutually beneficial to the organizational values.
- Creating and developing a short and long-term strategy for development of the product category
- Management of the end-to-end product lifecycle for assigned categories including product introductions, product pricing, forecasting, depletions and promotion planning
- Calculating the impact of purchases on company sales and gross margin.
- Perform product performance reviews with a view of providing short and long-term strategy plans for the category
- Implement promotional planning calendar by category and supplier for cross-functional use in scheduling multichannel strategy and product direction
- Supplier Management – Develop strong supplier relationships, negotiations, contracts and performance review process
- Identify opportunities and development initiatives to source from qualified diverse suppliers as part of a global initiative to align purchasing strategies with corporate values.
- Provide internal and external customers with focused insights regarding the products and category to drive business performance
- Ensure maintenance of optimal inventory levels, inventory turns and reduction of aging inventory.
- Review JVP’s for approval by Head of Supply Chain/Chief Pharmacist: Head of Marketing, CFO.
- Share timely data with suppliers as per JVP’S approved by Head of Supply Chain and Head of Marketing.
- Employ expertise to control costs, reduce lead times and manage all aspects of purchasing relating to the category.
- Ensure new listings are completed within 30 days.
- Shortlist products to be presented at Procurement Committees.
- Meet budgeted revenues for the category and ensure key sub category growth focus.
Essentials
- Strong background with merchandising and vendor relationship.
- Experience in product purchasing, financial analysis, and inventory control.
- Expertise with the sales and marketing of specific products within the merchandise category.
- Good command of written and spoken English.
- Strong problem-solving skills and able to work in a fastpaced environment under pressure.
- Team player with strong communication skills.
- Strong back ground in category management and supplier relationship.
- Experience in Beauty and Personal care product knowledge and supplier sourcing, purchasing, and inventory control, financial analysis (product margins and Retail pricing).
- Understanding of marketing principles and strategies specific to the beauty and personal care industry, including brand management, product positioning, and promotional tactics.
- Strong analytical capabilities to interpret market data, sales performance metrics, and financial information to make informed decisions and drive category growth.
- Ability to think strategically and develop long-term plans for category growth, considering both marketing and procurement perspectives, while adapting to evolving market dynamics.
- Commitment to understanding and meeting the needs of target customers, ensuring that product offerings and marketing strategies resonate with their preferences.
- Ability to leverage data analytics and market intelligence tools to drive insights-driven decision-making, optimize category performance, and identify growth opportunities.
Experience and Qualifications
- Bachelor’s degree in business, retailing, management, sales, or marketing is required.
- Member of Kenya Institute of Supplies Management (KISM) and valid Practicing License will be added advantage.
- 5 years’ working experience.
Desirable
- Previous experience as a category manager ideally for a retail organization.
- The ability to analyze and form accurate conclusions to support category decisions based on key data is essential.
- A thorough understanding of retail insights.
- Strong people management skills.
- Ability to manage and persuade at all levels of the company.
- Previous experience and knowledge of a retail environment.
- Being good with numbers is essential.
More Information
- Salary Offers Kshs 150,000
- Experience Level Senior
- Total Years Experience 5-10