Category Manager- Lighting & Theatrical Supplies
Develops, implements and executes annual and long-range merchandising plans in support of company sales objectives for growth and profitability. Plans include goals, financial targets and identification of opportunities for market segment, position and/or competitive advantage. Responsible for negotiation of all elements of vendor programs, including but not limited to, discounts from invoice, co-op, volume rebates, MDF, payment terms, exclusive models, allocations, etc. Works closely with vendors and Management to develop product assortments that are indicative of current market and customer demand patterns. Selects products that deliver value and margin potential while meeting or exceeding customer expectations. Manage product line scope and size through quantitative analysis as well as market conditions. Regularly analyzes category performance reports and reacts accordingly to positive or negative sales trends through assortment or promotional adjustments. Develops action plans to improve sales and sell-thru. Manages product life cycles, developing alternatives to increase sales and extend sales performance; works with suppliers and Supply Chain to develop exit strategies for non-performing products Ensures Full Compass is first to market with all major new products and product launches. Coordinates closely with vendor, assistant category specialist, marketing, creative and purchasing to ensure successful and timely execution. Responsible for creation of merchandising offers to support the Full Compass catalogs, website, email and other marketing tactics requiring product offers. Analyzes the performance of product promotions to constantly increase the effectiveness of those offers. Monitors, retains awareness and reacts to competitive pricing and promotional activities including all relevant competitors.