Role- Category Executive

Experience- 2+ Years

Location: Gurugram

About Fairdeal.Market

Fairdeal.Market is a rapidly growing B2B quick commerce company offering a wide range of products with delivery times as short as 20 minutes. Our mission is to ensure that every shopping bag worldwide can be filled efficiently and sustainably.

Responsibilities

- Category Management: Develop and implement strategies for category growth and profitability. Analyze market trends, consumer behaviour, and competitive landscape to inform category strategies. Manage the product life cycle from introduction to discontinuation.

- Product Selection and Pricing: Select and source products that meet consumer needs and align with company goals. Develop pricing strategies to maximize profitability while remaining competitive.

- Supplier Relationships: Negotiate with suppliers to ensure favourable terms and conditions. Maintain strong relationships with key suppliers to secure better deals and exclusive products.

- Sales and Marketing Collaboration: Work closely with the sales and marketing teams to create and execute promotional activities. Develop category-specific marketing campaigns to drive sales and brand awareness.

- Inventory Management: Monitor inventory levels to ensure optimal stock levels and avoid stockouts or overstock situations. Implement strategies to reduce inventory costs while maintaining product availability.

- Performance Analysis: Track and analyze sales performance, market share, and profitability of the category. Prepare reports and presentations for senior management, highlighting key insights and recommendations.

- Customer Insights: Gather and analyze customer feedback and preferences to guide product selection and category strategy. Conduct market research to identify emerging trends and opportunities.

- Compliance and Quality Control: Ensure that products comply with industry regulations and standards. Address any quality issues promptly and work with suppliers to resolve them.

Qualifications

- Bachelor's degree in business, marketing or a related field.

- 2+ years of experience as a category manager in the retail industry in India.

- Strong understanding of the Indian market, consumer behaviour and retail trends.

- Proficiency in utilising Microsoft Office Suite, category management tools and software for data analysis and reporting.

- Flexibility to adapt to the changing market dynamics, consumer preferences and organisational priorities.

- Analytical mindset with the ability to interpret data and make data-driven decisions.

- Excellent communication and negotiation skills to collaborate effectively with cross functional teams and external stakeholders.

- Detail-oriented with a focus on accuracy and quality.

- Ability to thrive in a fast-paced and dynamic work environment.