Senior Category Manager

at  Shoppers Drug Mart Pharmaprix

Referred applicants must not apply directly to this role. All referred applicants must use their unique referral link generated when they are referred by an existing colleague.

WHY THIS ROLE IS IMPORTANT?

As part of the Shoppers Drug Mart organization, Category Management is at the heart of all we do. A strategic part of our organization, Category Management at Wellwise drives our store business with innovative products, unique marketing opportunities, and powerful supplier relationships. You will apply entrepreneurial, consulting, management and analytical skills on a daily basis, while executing and delivering real outcomes that drive the bottom line. We are execution and results focused, and reward our people with a chance to learn, try new things, take more responsibility and get things done.

WHAT YOU’LL DO:

• Drives innovation through negotiation with new and current vendors to explore revenue opportunities, secure lowest costs, exclusivity, first-to-market opportunities and new merchandise concepts.
• Develops and monitors category strategies and performance to achieve sales and gross margin targets and makes adjustments as necessary.
• Meets with existing and potential vendors to maintain current knowledge of new product offerings and promotions, assess category performance and growth, refine current strategies and develop and implement additional strategies to attract and motivate customer purchases, realize maximum profitability, grow market share, and increase customer loyalty.
• Manages and negotiates the annual planning process with each supplier to build a comprehensive category plan and achieve overall category targets.
• Develops annual planogram updates to ensure the item assortment and shelf presentation remains current and best reflects the anticipated market trends.
• Develops, negotiates and activates promotional programs to maximize total top line sales and profit potential while projecting the right price image and product assortment, maximizing consumer draw cross sell and impulse buy.
• Negotiates and secures revenue funding for marketing initiatives (i.e. Flyers) and inside programs.
• Monitors product mix listing to ensure timely acquisition of products, appropriate replenishment, suggest changes in purchasing and provide solutions to minimize the impact of backorders and maximizes sales and inventory turns.
• Reviews and monitors listing and product changes to ensure accurate and timely processing, protect the integrity of all product related data and ensure all administrative requirements are completed and processed as required.
• Manages and monitors funds in/out accounts to ensure the revenue and spend accounts balance and accurately reflect the results of the category.
• Develops and implements standardized planograms and new store order templates to improve store merchandising systems.
• Analyzes key financial and operational metrics to determine the success of individual programs and products and identifying potential issues, opportunities and improvements.
• Review weekly, period and YTD sales and margin reports and completes ongoing analysis and quarterly reviews to maximize category opportunities
• Conducts store visits and competitive stores to gain learnings on category assortments and sales
• Oversees workloads and provides guidance to Category Assistant to ensure that work is done accurately, efficiently and complies with policies, procedures and standards as well as best working practices.
• Provides guidance, motivation, and performance review including hiring and terminating employees, to maintain and enhance competency levels, identify future training requirements and achieve goals to increase performance.

TYPE OF ROLE:

Regular
Shoppers Drug Mart Inc. recognizes Canada’s diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired.
In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.