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Category Analyst - Chennai, India - 2coms
Description
Job DescriptionCategory Analyst - Automobile Industry
Position Overview:
The Category Analyst plays a pivotal role in ensuring optimal inventory management and assortment
strategies for oil and battery products across our stores. This role requires a strategic mindset, strong
analytical skills, and excellent communication abilities to effectively collaborate with vendors,
negotiate contracts, and implement assortment plans.
Responsibilities:
Inventory and Assortment Management:
∙Maintain accurate inventory levels and assortment by store for oil and battery products.
∙Ensure accurate stock levels and assortment settings to meet customer demand.
∙Monitor inventory levels, assess stock availability, and manage assorted vs.
miscellaneous items.
∙Analyse sales data, market trends, and customer preferences to optimize assortment
strategies.
∙Ensure timely replenishment of stock to meet customer demand and minimize out-of-stock situations.
Process:
∙Lead the monthly RFXS process to source and procure necessary products from
suppliers.
∙Evaluate vendor proposals, negotiate pricing and terms, and select suppliers that offer
the best value for the company.
∙Collaborate with cross-functional teams to ensure alignment with business objectives
and compliance with procurement policies.
Vendor Relationship and Negotiations:
∙Cultivate and maintain strong relationships with vendors to foster collaboration and drive
mutually beneficial outcomes.
∙Negotiate contracts, terms, and pricing to optimize cost savings and maintain
competitive advantage.
∙Address vendor concerns and resolve issues promptly to ensure smooth operations and
vendor satisfaction.
Inventory Cleanup:
∙Conduct regular inventory audits and cleanup activities to reconcile discrepancies and
maintain data accuracy.
∙Implement corrective actions to address inventory inaccuracies and improve overall
inventory management processes.
∙Work closely with store personnel to ensure adherence to inventory management
protocols and best practices.
Report Generation and Data Analysis:
∙Generate comprehensive reports on inventory levels, sales performance, and assortment
effectiveness.
∙Utilize data analytics tools and techniques to identify trends, opportunities, and areas for
improvement.
∙Present findings and recommendations to management to support informed decision-making and strategic planning.
Assortment Setting and Implementation:
∙Collaborate with merchandising and marketing teams to develop assortment strategies
based on market research and customer insights.
∙Implement assortment plans across stores, considering regional variations and store-specific requirements.
∙Monitor assortment performance and adjust as needed to maximize sales and
profitability.
Requirements:
∙Bachelor's degree in business administration, Supply Chain Management, Marketing, or
a related field.
∙Minimum of 6 years of experience in a similar role, with a proven track record of success
in inventory management and catalog analysis, preferably in the automobile industry.
∙Strong understanding of supply chain principles, inventory management techniques, and
procurement processes.
∙Excellent negotiation, communication, and interpersonal skills.
∙Proficiency in data analysis tools/software (e.g., Excel, Tableau) and inventory
management systems.
∙Ability to multitask, prioritize tasks, and meet tight deadlines in a fast-paced