Category Expert
2 months ago
About the Role
We are seeking a skilled Category Manager to join our team at Browns The Diamond Store. In this role, you will be responsible for developing and executing category strategies that drive business growth and profitability.
- Product Sourcing & Vendor Management: You will source and negotiate with suppliers to ensure consistent quality and competitive pricing.
- Category Strategy Development: Develop and implement category strategies to align with business goals, ensuring the right mix of products and materials for bespoke pieces and core jewelry lines.
- Inventory Management: Monitor stock levels to ensure optimal inventory levels to meet production demands without overstocking or shortages.
- Demand Forecasting & Sales Analysis: Use historical sales data and market trends to forecast demand and adjust inventory and sourcing plans accordingly.
- Pricing & Margin Management: Work closely with the finance team to set pricing strategies that maximize profitability while ensuring competitiveness in the market.
- Collaboration with Design & Production Teams: Liaise with in-house designers and craftsmen to understand material needs for bespoke orders and new designs.
- Trend Analysis & Market Research: Stay up to date on industry trends, particularly in diamonds, gems, and jewelry design.
- Quality Control: Ensure that all materials sourced meet the company's strict quality standards.
- Reporting & Analytics: Prepare regular reports on category performance, stock levels, sales forecasts, and supplier performance.
Requirements
- Experience: 3-5 years of experience in category management, merchandising, or procurement, ideally within the jewelry or luxury goods industry.
- Jewelry Knowledge: Strong understanding of diamonds, gems, and other materials used in jewelry production.
- Analytical Skills: Excellent analytical and forecasting skills, with experience in inventory management and sales analysis.
- Negotiation Skills: Proven experience in negotiating with suppliers and managing vendor relationships.
- Team Collaboration: Ability to work closely with designers, craftsmen, and production teams.
- Attention to Detail: Strong eye for detail, particularly in relation to quality control and trend analysis.
- Education: A degree or diploma in business management, supply chain, or a related field.
- Software: Proficiency in inventory management and procurement software.
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