Lead Category Strategist

4 weeks ago

Toronto, Ontario, Canada Shoppers Drug Mart Pharmaprix Full time

About Us: With over 1,300 independently owned and operated locations nationwide, Shoppers Drug Mart is not just a retail destination; it’s a thriving workplace committed to fostering a culture of collaboration, kindness, and inclusivity.

Role Overview: As a pivotal member of our organization, the Category Management team at Shoppers Drug Mart plays a crucial role in steering our retail operations through innovative product offerings, distinctive marketing strategies, and robust supplier partnerships.

Key Responsibilities:

  • Drive innovation by negotiating with both new and existing vendors to uncover revenue opportunities, secure competitive pricing, and establish exclusive, first-to-market products.
  • Develop and oversee category strategies and performance metrics to meet sales and gross margin objectives, making necessary adjustments to optimize results.
  • Engage with current and prospective vendors to stay informed about new product launches and promotions, evaluate category performance, and refine strategies to enhance customer engagement and profitability.
  • Manage the annual planning process with suppliers to create a comprehensive category plan that aligns with overall business targets.
  • Update planograms annually to ensure product assortment and shelf presentation reflect current market trends.
  • Design, negotiate, and implement promotional initiatives aimed at maximizing sales and profit potential while maintaining an appealing price image and product assortment.
  • Monitor product listings to ensure timely acquisition and replenishment, while proactively addressing backorder issues to optimize sales and inventory turnover.
  • Review and manage product changes to ensure accurate processing and maintain the integrity of product-related data.
  • Oversee financial accounts related to category revenue and expenditures to ensure accurate reflection of results.
  • Develop standardized planograms and new store order templates to enhance merchandising systems.
  • Conduct regular analysis of sales and margin reports to identify and capitalize on category opportunities.
  • Perform store visits and competitive analysis to gather insights on category assortments and sales performance.
  • Guide and support Category Assistants to ensure efficient and accurate execution of tasks in compliance with established policies and best practices.
  • Provide mentorship and performance evaluations, including hiring and termination processes, to maintain high competency levels and identify training needs.

Qualifications:

  • Post-secondary education equivalent to a Bachelor's degree in Retail, Marketing, Merchandising, or a related field.
  • Over 5 years of experience in category management, retail, or merchandising; marketing experience is advantageous.
  • Demonstrated initiative and judgment in organizing and prioritizing tasks and projects.
  • Understanding of quality standards in merchandising, marketing, and promotional practices.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) for effective reporting and presentations.
  • Strong verbal and written communication skills, with the ability to produce clear and concise documents.

Our Commitment: At Shoppers Drug Mart, we celebrate Canada’s diversity as a source of national pride and strength. We prioritize reflecting our nation’s evolving diversity in our product offerings, workforce, and organizational culture.

We provide accommodations upon request for applicants with disabilities throughout the recruitment and assessment process.

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