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Product Category Strategist

2 months ago

Grand Island Nebraska, United States Bosselman Pump & Pantry, Inc Full time

Position Overview:

JOIN OUR DYNAMIC TEAM

The Product Category Strategist plays a pivotal role in sourcing, developing, and coordinating initiatives within designated product categories to meet organizational objectives by optimizing sales, inventory levels, and gross profit margins.

Success will be achieved through targeted product assortments, effective marketing strategies, proficient negotiations, and comprehensive merchandise management. Products are acquired to enhance performance while aligning with the overall strategies of the division and the company.

Why Choose Bosselman?
Bosselman offers a variety of benefits that stand out in the industry, including:
  • Paid time off
  • 401K with matching contributions
  • Comprehensive health, dental, and vision coverage
  • Short-term and long-term disability plans
  • Life insurance options
  • A clearly defined career advancement path
  • Access to earned wages through PayActiv
  • And much more

Key Responsibilities:
  • Assess, select, and procure products and services that meet quality and quantity standards.
  • Negotiate and communicate optimal programs available through suppliers and vendors.
  • Utilize inventory management systems to ensure accurate ordering and stock replenishment across all locations.
  • Analyze sales data and gross profit contributions for each category and individual product performance.
  • Contribute to the design of floor plans and merchandise placement in both new and existing locations.
  • Review inventory turnover rates to maximize profitability.
  • Conduct annual assortment reviews to align with company goals and customer expectations.
  • Stay updated on new products and industry trends through competitive store visits and vendor interactions.
  • Collaborate with vendors to reduce costs and enhance margins within assigned categories.
  • Develop and implement promotional programs, advertising, and point-of-sale materials in partnership with vendors, ensuring effective communication and execution at the store level.
  • Evaluate the effectiveness of promotional activities within assigned categories.
  • Conduct competitive market surveys and adjust retail strategies based on findings.
  • Create and implement product plan-o-grams based on thorough category analysis.
  • Coordinate with all departments to ensure successful implementation of marketing initiatives.
  • Execute sales, margin, and inventory strategies to meet corporate objectives.
  • Participate in merchandising meetings, presenting reports and analyses, discussing challenges and action items.
  • Assist with supply chain functions as necessary.
  • Visit stores regularly to assess plan-o-gram integrity and review product assortments with management.
  • Provide guidance to Category Specialists on pricing, costing, and vendor relations.
  • Deliver exceptional customer service.
  • Maintain punctuality and reliability in attendance.

Additional Duties:
Assume other responsibilities as assigned.

Supervisory Responsibilities:
This role does not entail supervisory duties.

Qualifications:
Education and Experience:

A Bachelor’s Degree in Business Administration or Marketing, or relevant experience and training, with a minimum of 4 years in Purchasing or Category Management is required.


Essential Skills:
  • Strong organizational abilities with effective follow-up.
  • Excellent verbal and written communication skills.
  • Analytical problem-solving capabilities at both strategic and operational levels.
  • Technical proficiency in strategic planning and marketing.
  • Ability to identify and assess emerging industry trends.
  • Proficient in Microsoft Word and Excel.
  • Must be able to communicate effectively in English.
  • Commitment to providing friendly and prompt customer service.
  • Willingness to collaborate with team members.
  • Able to work extended hours, including weekends, and travel as necessary.

Physical Requirements:

The physical demands outlined here are representative of those that must be met by the Product Category Strategist to successfully perform essential job functions. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential functions, provided such accommodations do not impose an undue hardship on the company.

This role may require occasional lifting or moving of up to 50 lbs. The employee is expected to sit for extended periods, and may also need to stand, walk, use hands and fingers, reach with arms, climb, balance, stoop, kneel, crouch, or crawl, and communicate effectively.

Physical presence at the primary work location is mandatory.