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Multi-channel product management experience in industrial distribution and specialty retail. Skilled in strategic planning and analysis, assortment planning, product development, global sourcing and supplier management. Strategic, analytical and organized leader, skilled in identifying and developing business strategies to drive profitable growth. Developer of talent and mentoring to create bench strength and cultivator of strong cross-functional relationships. KEY SKILLSCategory Management, Global Sourcing, Product Development, Supplier/Vendor Management, Inventory Management, Promotional Planning, P&L Management, Vendor Negotiations and Program Planning, Microsoft Office
Innovation Management Group, Llc
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PresidentInnovation Management Group, Llc Nov 2019 - Present• Product Management consulting including assortment reviews and analysis, product and brand development, sourcing and supply chain management• Assist clients in growing sales, improving profitability, and improving speed to market• Provide guidance and support for expansion into online marketplace opportunities• Scope of projects range from business analysis and recommended actions to full operational support and category development
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Senior Category ManagerMsc Industrial Supply Apr 2013 - Nov 2019Charlotte, North Carolina Area• Worked cross-functionally to develop and implement tactical and strategic plans across global sourcing offices, Inventory & Purchasing, Marketing, and Sales • Responsible for the development and execution of product line strategies including product marketing, pricing, new product introductions, market research, product life cycle and forecasting • Developed quarterly tactical and annual strategic product line plans to grow sales and drive profitability in order to achieve budgeted goals and KPIs • Formed and maintained effective business relationships with domestic and import suppliers to maximize sales growth and profitability • Negotiated vendor contracts including terms, rebate and co-op programs • Managed team to drive online sales including category expansion through drop ship programs • Communicated and enforced all aspects of supplier operational performance inclusive of delivery, shipping, and quality. • Identified and communicated opportunities to develop new products with supporting plans inclusive of understanding customer needs, brand equity, competition, and logistical requirements • Evaluated pricing relative to competition and presented pricing strategies and implementation plan -
Director Of MerchandisingPace Communications Ecommerce Jul 2007 - Jul 2011Greensboro/Winston-Salem, North Carolina Area• Led the merchandising team in developing and managing a profitable product assortment for an online/catalog stationery and gift retailer.• Responsible for overseeing product development and sourcing, online and catalog merchandising, and creating exclusive products. • Managed external clients including creating and presenting product presentations and promotional plans. • Monitored inventory to control expenses, developing action plans to realign when necessary.• Negotiated pricing and delivery timelines with domestic and international suppliers.• Benchmarked competitors to identify product opportunities and pricing strategies.• Performed weekly, monthly and quarterly sales analysis to maximize sales and profits and reduce inventory liability. -
Senior Merchandise ManagerThings Remembered Aug 1996 - Jul 2007Cleveland, Oh• Developed exclusive products in line with merchandise strategies and market trends, including costing, sourcing and working with overseas vendors to ensure quality and timely deliveries• Responsible for catalog product selection and layout including mailers and additional external marketing collateral• Served as the lead merchant representative on the E-Commerce Business team to plan monthly website layouts and promotions• Managed the Store Promotional Planning process coordinating the merchant, marketing and planning teams in laying out monthly store promotions • Negotiated annual co-op and rebate agreements with vendor partners• Traveled to Asia and Europe for product development and sourcing meetings including factory tours, QC reviews and trade shows -
Assistant BuyerThe Limited Oct 1993 - Aug 1996Columbus, Oh• Managed operational aspects for knitwear category, multi-tasking to provide buyer and cross-functional team support• Negotiated with domestic and foreign vendors to compile cost, capacity and delivery schedules for production• Monitored production status from fit/color approval and fabric arrival to delivery of finished goods• Problem solved to ensure continuous flow of quality receipts, sourcing alternative production to maintain delivery flow• Assisted marketing department in copy writing and development of marketing collateral
Kathleen Karasek Kraus Skills
Kathleen Karasek Kraus Education Details
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Merchandising And Promotions With Minor In Business
Frequently Asked Questions about Kathleen Karasek Kraus
What company does Kathleen Karasek Kraus work for?
Kathleen Karasek Kraus works for Innovation Management Group, Llc
What is Kathleen Karasek Kraus's role at the current company?
Kathleen Karasek Kraus's current role is President at Innovation Management Group, LLC.
What is Kathleen Karasek Kraus's email address?
Kathleen Karasek Kraus's email address is kk****@****aol.com
What is Kathleen Karasek Kraus's direct phone number?
Kathleen Karasek Kraus's direct phone number is +170498*****
What schools did Kathleen Karasek Kraus attend?
Kathleen Karasek Kraus attended Ohio University.
What skills is Kathleen Karasek Kraus known for?
Kathleen Karasek Kraus has skills like Merchandising, E Commerce, Forecasting, Retail, Product Development, Management, Pricing, Strategy, Competitive Analysis, Sales, Brand Development, Marketing.
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