Manager at Prometheus Consulting
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Category Manager - Wellness - Retail (10-16 yrs)
(Buying & Merchandising)
- Define & strategize product offering vis-a-vis brand positioning & ideology. Ensure best representation of wellness business vertical terms of offering, authenticity & mix
P&L Management of the Category
- Sourcing, developing and introducing product ranges, travel to vendors/manufacturer & selection of best suitable product.
- Devise long-term development strategies for product categories and Develop exit strategies for unsuccessful products
- Make forecasts for product demand to ensure the sustainability of inventory
- Identify product category performance & gaps and form strategies
- Stay ahead of the curve & aim to achieve AOP, Margin & Stock guidelines for business vertical
- Work closely with operations & support functions team and assess business performance
- Define event strategies to showcase best representations of category
- Liaise with marketing teams to determine promotional activities of a product category
- Manage vendor relationship & ensure timely deliveries, optimize Vendor capacity & sourcing best products
- Work closely with cluster & sourcing team to standardize/define work process, costing, timelines etc. keeping craft & cluster limitations in consideration
- Foster trust relationships with artisans and cluster heads to achieve better pricing and quality of services
- Packaging and display to enhance experience
- Organize sampling and trial workshops to educate and spread awareness
- Communicate and educate team members to provide correct information to consumers
- Curate a range that is relevant to the customers' needs
- Ensure team is aligned with the vision & values of the Brand & organisation
- Support team members to define their growth path within the business vertical or organisation - Train and develop R&D team.
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