Category Executive (Male) for Medical Company Job Description Template
The Category Executive will be responsible for managing categories within the medical company, working on inventory management, vendor relationships, and strategizing for category growth. This position requires working from the office in Sector-54, Gurgaon.
Responsibilities
- Manage and oversee various categories within the medical company.
- Coordinate with vendors and suppliers to ensure timely stock procurement.
- Analyze sales data to identify trends and opportunities for category growth.
- Maintain inventory levels and ensure product availability.
- Develop and implement category strategies to drive profitability.
- Liaise with the marketing team to promote products and offers.
- Monitor competitor activities and market trends.
Qualifications
- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- Minimum of 3 years' experience in category management or a related role.
- Experience in the medical or healthcare industry preferred.
- Strong analytical and organizational skills.
- Ability to work in a fast-paced environment.
- Excellent communication and negotiation skills.
- Proficiency in MS Office and inventory management software.
Skills
- Category Management
- Inventory Management
- Vendor Coordination
- Data Analysis
- Sales Strategy
- Excel
- Negotiation
- Market Analysis
Frequently Asked Questions
A Category Executive in a medical company is responsible for managing and expanding product categories. The role involves analyzing market trends, competitor activities, and consumer needs to develop strategies that increase market share. They collaborate with marketing, sales, and supply chain teams to optimize product placement and pricing. Additionally, they negotiate with suppliers, ensuring cost-effective procurement while maintaining quality standards.
To become a Category Executive for a medical company, candidates typically need a bachelor's degree in business administration, marketing, or a related field. Gaining experience in product management or within the medical industry is beneficial. Strong analytical, negotiation, and communication skills are crucial. Pursuing certifications in procurement or supply chain management can also enhance a candidate's profile and competitiveness in the job market.
The average salary for a Category Executive at a medical company varies based on factors like location, company size, and level of experience. Typically, the salary range is competitive, reflecting the responsibilities involved in managing medical product lines. It's important for candidates to research specific market conditions in their area to understand potential earnings and consider additional benefits that might be offered alongside the salary.
A Category Executive in the medical field typically requires a bachelor's degree in business, marketing, or a similar discipline. Experience in the medical sector or in category management roles is often required. Strong analytical skills, proficiency in data analysis tools, and excellent interpersonal abilities are key. Understanding industry-specific regulations and medical product expertise can further qualify candidates for this role.
Successful Category Executives in medical companies require skills in market analysis, strategic planning, and supplier negotiation. Responsibilities include managing product catalogues, enhancing profitability, and coordinating with cross-functional teams. Strong attention to detail, problem-solving capabilities, and effective communication are essential. They must also stay informed about industry trends and regulatory changes to effectively manage the product categories.