Technical Duties

• Develop and implement category strategies and plans to achieve sales and profit objectives.
• Conduct market research and analyze consumer trends, competitor products, and pricing to identify opportunities and make informed decisions.
• Collaborate with suppliers to negotiate and maintain favorable terms, prices, and contracts.
• Monitor market dynamics, including consumer preferences, industry trends, and regulatory changes, and adjust category strategies accordingly.
• Manage product assortment, including assortment planning, selection, and optimization.
• Define pricing strategies and manage price setting to improve sales and profitability.
• Monitor inventory levels and ensure alignment with sales forecasts, working closely with the supply chain team to minimize stockouts and excess inventory.
• Collaborate with the marketing team to develop and implement promotional plans to increase category sales and increase brand visibility.
• Analyze sales data and key performance indicators to identify improvement opportunities and make data-driven recommendations.
• Conduct periodic reviews of product and supplier performance to ensure quality standards and customer expectations are met.
• Stay informed of industry trends, new product developments, and emerging technologies relevant to the category.
• Providing guidance and support to multidisciplinary teams, including sales representatives and marketing managers, to ensure the successful implementation of category strategies.

Team Management

• Overseeing the coordination and assignment of tasks to purchasing staff
• Implementing and clarifying policies and procedures to the purchasing team

Training and evaluating employees

Organizing and reporting annual leave to management

Administrative and Daily Reports

• Category Turnover Report (the amount of money earned over a specific period.
• Profit Report by Category (the total profit per category will indicate the optimal assortment, well-selected suppliers, and pricing policy
• Gross Profit Margin Report by product category and per product.
• Inventory Return on Investment (ROI) Report (to measure and manage inventory investment performance. It measures how much the company earns for every riyal invested in purchasing a product).
• Inventory Turnover Report (which measures the number of times a company sells and replaces its inventory for a category over a given period of time, giving an indication of the effectiveness of the category manager in inventory management).
• Product Availability Report (which determines the number of products available in stock from the current assortment matrix and available for customer demand).