Category Strategy: Develop and execute strategies for the assigned category to achieve sales and profit targets.
Product Selection & Pricing: Decide on product assortment, pricing, promotions, and merchandising strategies.
Supplier Management: Negotiate with vendors and suppliers for cost, quality, and delivery terms.
Market Analysis: Monitor market trends, competitor activity, and customer preferences to inform decisions.
Inventory Management: Optimize stock levels to prevent overstocking or stockouts.
Reporting & Analysis: Track category performance metrics and prepare reports for senior management.
Cross-Functional Collaboration: Work with marketing, supply chain, and sales teams to align category plans.
Basic Salary & Allowances: Fixed monthly salary with potential performance-linked incentives.
Performance Bonuses: Annual or quarterly bonuses based on category performance, sales growth, and profitability.
Stock Options / ESOPs: Some companies, especially e-commerce and large FMCG firms, offer employee stock options.
Provident Fund (PF): Mandatory retirement benefit as per government norms.
Gratuity: Long-term benefit for employees who stay with the company beyond 5 years.
Medical Insurance: Coverage for self, spouse, and dependents.
Dental and Vision Insurance: Offered by some multinational or large retail firms.
Wellness Programs: Gym membership, health check-ups, mental health support.
Paid Leaves: Annual leave, sick leave, and casual leave.
Flexible Work Hours / Hybrid Work: Depending on company policy, some allow remote or hybrid working.
Travel Allowance / Reimbursements: If the role requires supplier visits or market surveys.
Training & Certification Support: Access to courses, workshops, and industry certifications.
Career Growth Opportunities: Promotions, cross-functional exposure, and mentoring programs.
Target Market: Budget-conscious consumers, tier-2 and tier-3 cities in India Product Categories: Apparel: Men, Women, Kids General Merchandise: Household items, kitchenware, accessories FMCG: Groceries, personal care, cleaning... Read More