Monark Group is committed to helping great ideas live up to their fullest potential. Our diverse team delivers world-class solutions across a diverse array of emerging & established lines of business. At Monark, you will do work that matters with people that are committed to helping our vision become a reality. Projects at Monark have an impact on the communities that our team members live, work & play in.
As our Category Manager, you will be required to undertake a variety of administrative and operational tasks in managing our product category. You will help plan and organize product management activities as well as carry out important operational duties. To excel in this role, you must be organized, detail-oriented and comfortable working with diverse teams and building relations with multiple stakeholders.
What will you do:
- Monitor supply chain and manage appropriate level of inventory
- Place appropriate orders to ensure product availability that meets consumer demands
- Collect and analyze data on product variety and determine industry and consumer trends such as popular products, insurance applicability and consumer demographics in the product category
- Devise long-term development strategies for product categories
- Conduct research on prices from competitors in the industry and escalate
- Monitor laws, regulations and policies related to the product category and manage changes
- Manage the costs and payments of products, shipping and contract-based compensations
- Plan, execute and control risk management activities
- Ensure smooth execution of processes and provide recommendations on improvements
- Monitor call center performance in selling, saving, and other presale and post sales services for the product category and provide specific training
- Monitor issues and help maintain positive relationships with business partners and other stakeholders
- Coordinate with the Marketing department on marketing activities for the product category
- Assist with the development of cyberthreats and data breach prevention and reaction plans
- Assist with expanding supplier network and maintaining relationships with the suppliers
In order to be successful, you bring:
- Bachelor degree in Business Administration, Supply Chain Management, Pharmaceutical Sciences or related field
- Proven experience as category manager or similar role
- Strong knowledge of category management and sales principles
- Ability to analyze and develop accurate conclusions to support category decisions based on key data
- An understanding of the market and consumer insights and trends
- Strong people management and persuasion skills to manage and influence at all levels of the company
- An analytical mind with strategic ability