Position Overview
This position for the Category Manager for Nature’s Source. The Category Manager is responsible for the purchasing and selling of all products carried by Nature’s Source.Detailed responsibilities are covered in the following job description.
Education & Experience
- Must Have: University Degree / College Degree; Major: Business, General
- Type of Experience: Purchasing, Retail, CPG, Other
- Asset: Health, Science, Nutrition Knowledge
- Years of Experience: 2 – 5 years
Skills
- Superior organization and communication skills
- Self-motivated and a strong sense of initiative
- A team player
- Attention to detail and ability to prioritize and multi-task
- Ability to manage budgets and strong financial acumen
- Negotiation and problem solving skills
- A sense of urgency and the ability to work in a fast paced environment
- Excellent command of Microsoft Office, including Word, Excel, Power point, Microsoft NAV
Requirements
- Available to travel between retail store locations
- Ability to attend trade shows and events as requested
- Monday to Friday 9 to 6 in addition to Trade Shows, Consumer Shows and seasonal demands.
- Some Saturday and Sunday’ required.
Vendor Management and Relationships
- Negotiation of Costs – maximize discounts, rebates volume purchases and delivery times
- Communicate purchasing plans to store’s
- Develop and manage a vendor management database
- Selection of products
- Retail sales
Purchasing and Inventory Management
- Place appropriate orders to ensure product availability meets demand
- Maintain online purchasing and inventory system – update daily
- Conduct regular cycle counts & reordering process
- Management of all inventory and turnover, includes expired, excesses, inter store transfers and supplier returns.
- Management of Departments, productivity. Includes SKU analysis, department and category, vendor analysis.
- Foster relationships with vendors to achieve better pricing and quality of service
- Retail gross profit – includes everyday pricing, feature pricing and gross margins, price increases and decreases
- Manage inventory across all retail locations; monitor stock levels
- Product Selection – Listings, de-listings, initial purchases.
- Flyer and advertised specials, in-store specials, selection of products and pricing.
- Develop Exit strategies for unsuccessful products
- Identify industry and consumer trends
- Buying for Consumer shows – selection of products, new orders, transfer of store stock.
- Preparation for all supplier meetings, including vendor detail sheets, system snap shots, necessary analysis and preparation.
- Wholesaler review – which wholesaler and for which products, Bi monthly review.
- Co-op negotiation, liaise with marketing to determine competitive pricing and promotional activities
Positive Work Environment:
- Create a positive atmosphere in keeping with Nature’s Source mission and values of openness, productivity, creativity and growth.
- Cultivate and encourage a caring and respectful attitude towards co-workers, customers and community.
- Cooperate actively with coworkers to foster productive and positive teamwork
Problem-Solving Skills
- The ability to make effective independent decisions to business situations
- Using creative and innovative solutions to solve business issues
- Look beyond the constraints of your store to the whole organization
Job Type: Full-time
Pay: $75,000.00-$85,000.00 per year
Benefits:
Education:
- Bachelor's Degree (preferred)
Experience:
- Retail Category Management: 2 years (required)
Work Location: Hybrid remote in Mississauga, ON L4Z 1Y5
