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Category Manager

1 month ago

Minnetonka, Minnesota, United States Circle K Stores, Inc. Full time
Job Summary: As a Category Manager at Circle K Stores, Inc., you will play a crucial role in driving business growth by selecting local suppliers, evaluating new products, and negotiating pricing. Your expertise in category management principles will enable you to develop and implement effective marketing strategies, collaborate with national and business area teams, and supervise junior category managers or other merchandising staff positions.

Key Responsibilities:
  • Support the organization's strategic direction by owning local assortment and planogram execution, frontline pricing decisions, and vendor operations and local relationships.
  • Responsible for planogram implementation - resets, including all 3rd party relationships, and actionable operational reporting (Out of Stock, Zero Sales Reporting, Delivery Frequency, and others as necessary).
  • Select local vendors, negotiate costs, terms for products, and develop schematics by applying category management principles in accordance with the organization's strategic objectives.
  • Increases sales revenues by developing promotional concepts and overlay programs on local assortment.
  • Establishes and monitors gross margins by forecasting and developing annual sales quotas, projecting expected sales volume and profit for existing and new products, and determining placement and promotions.
  • Projects and measures category sales and gross profit results by developing and maintaining records of item cost, retail, and gross margin dollars.
  • Maintains external local and national vendor relations by providing direction, guidance, and information, resolving concerns.
  • Recommends changes in products, service, and policy by evaluating results and competitive developments.
  • Achieves financial objectives by preparing an annual category review, budget, scheduling expenditures, analyzing variances, initiating corrective actions.
  • Allocates program costs by preparing operational and risk reports for analyses aligning with the organization's Merchandising.

Requirements:
  • Bachelor's degree in advertising, finance, management, business economics, or related field preferred.
  • Five years of experience or more preferred in merchandising, including experience in management responsibility.
  • Proficient in MS Outlook, Excel, PowerPoint, and Word preferred.
  • Must have strong relationship management, analytical thinking, and financial acumen skills.
  • May require up to 30% of travel.
  • Valid driver's license required.