- Analyze market trends, consumer preferences, and sales data to determine the product assortment for assigned categories.
- Select and curate products within the category, considering factors such as pricing, brand, quality, and consumer demand.
- Monitor and manage inventory levels, ensuring stock availability while minimizing overstock or understock situations.
- Collaborate with pricing teams to establish competitive pricing strategies that maximize profitability and align with market conditions.
- Work closely with marketing teams to develop and execute promotional campaigns, including discounts, seasonal sales, and product launches.
- Work closely with the purchasing team to build and maintain relationships with suppliers and negotiate favorable terms and conditions to secure the best products for the category.
- Monitor category performance, analyze sales data, and identify opportunities for improvement and growth.
- Stay updated on industry trends, competitor activities, and emerging market dynamics to make informed decisions.
- Collaborate with cross-functional teams, including sales, marketing, purchasing, and operations, to ensure seamless execution of category strategies.
- Prepare and present regular reports on category performance, including sales, margin, and inventory metrics, to senior management.
- Other duties as assigned.
- Bachelor's degree in business, merchandising, marketing, or a related field.
- Proven experience in retail merchandising or category management.
- Strong analytical and data interpretation skills.
- Excellent communication and negotiation skills.
- Proficiency in using merchandising software and tools.
- Ability to work in a fast-paced, dynamic environment.
- Attention to detail and a keen eye for product selection.
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Category Merchandising Manager - Cranston, United States - Met-Cap Management
Description
Job Description
Job DescriptionDescription:Based in Cranston, Rhode Island, Met-Cap Management, LLC is the heartbeat to a variety of owned and operated businesses. From a chain of successful, multi-branded retail stores, to two bi-coastal B2B and D2C global distribution and fulfillment centers, to the creation and go-to-market strategies for a host of proprietary brands, and property management.
A Category Merchandising Manager plays a pivotal role in shaping a retail company's product offerings and ultimately contributes to its financial success by managing and optimizing the product assortment within specific product categories. This role involves a combination of data analysis, market research, and strategic planning to drive sales and profitability for the company. Category Merchandising Managers collaborate closely with cross-functional teams to ensure that the right products are in the right place at the right time.
This position requires a blend of analytical thinking, creativity, and business acumen to drive the category's growth and profitability.
Beyond a competitive pay rate, this position also offers an excellent benefits package including Medical, Dental, Vision, FSA, Term Life, and LTD Insurance. Plus, a 401k with generous employer matching contributions.
Essential Job Functions:
EEO Statement:
Employees must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodation will be provided to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.
Met-Cap Management is committed to an inclusive and diverse work environment. We are a proud equal opportunity employer that welcomes and strongly encourages all races, religions, nationalities, genders, the LGTBQIA+ community, and people with disabilities to apply. Our ability to attract and retain a talented and dedicated workforce that reflects the diverse backgrounds of those we serve is what drives our success. We continue to promote an environment of continuous learning, inclusion, mutual respect, and belonging to ensure our employees feel valued, seen, and heard.
