– Industry: Manufacturing
– Location: Ejigbo, Lagos State
– Salary: ₦227,156 gross
– Employment Type: Onsite
– Experience: 3 years +

Job Description:
FMR AGENCY – Future Moves Recruitment Agency Limited is seeking a highly organized and proactive Category Product Manager to support our client team.

Position Overview:
As a Category Product Manager, you will oversee a specific product category within our company’s portfolio. Your primary responsibility will be to drive the success of the category by developing and executing strategic plans, managing product lifecycle, and collaborating with cross-functional teams to achieve business objectives.

Key Responsibilities:
1. Category Strategy Development:
– Develop and implement comprehensive category strategies aligned with overall business goals and market trends.
– Conduct thorough market research and analysis to identify growth opportunities, customer needs, and competitive landscape.
– Define clear objectives and KPIs to measure the success of the category strategy.

2. Product Lifecycle Management:
– Manage the entire lifecycle of products within the category, from ideation to end-of-life decisions.
– Work closely with R&D, design, and manufacturing teams to develop and launch new products that meet market demands.
– Monitor product performance, sales trends, and customer feedback to make data-driven decisions for product enhancements or discontinuations.

3. Cross-Functional Collaboration:
– Collaborate with sales, marketing, supply chain, and operations teams to ensure alignment and execution of category strategies.
– Provide guidance and support to sales teams regarding product positioning, pricing, and promotional strategies.
– Work closely with marketing teams to develop compelling marketing campaigns and product messaging.

4. Vendor Management and Partnerships:
– Identify and evaluate potential suppliers and partners to enhance the category’s product offerings and capabilities.
– Negotiate contracts, pricing agreements, and terms with vendors to ensure favorable terms and cost-effectiveness.
– Build and maintain strong relationships with key vendors and partners to drive mutual success and innovation.

5. Market Analysis and Competitive Intelligence:
– Monitor market trends, consumer behavior, and competitor activities to identify emerging opportunities and threats.
– Conduct regular competitive analysis to benchmark product offerings, pricing strategies, and market positioning.
– Utilize market insights to adjust category strategies and differentiate products effectively.

6. Financial Performance Monitoring:
– Analyze financial metrics, including sales performance, profitability, and budget adherence for the category.
– Develop and manage budgets, forecasts, and pricing strategies to achieve revenue and margin targets.
– Implement cost optimization initiatives and monitor expenses to ensure profitability.

Qualifications:
– Bachelor’s degree in Business, Marketing, Engineering, or related field; MBA preferred.
– Proven experience in product management, category management, or related roles within the consumer goods industry.
– Strong analytical skills and ability to interpret market data and financial metrics.
– Excellent project management and organizational skills, with the ability to prioritize and manage multiple tasks simultaneously.
– Strong communication, negotiation, and influencing skills.
– Ability to work effectively in a cross-functional team environment and drive collaboration.
– Strategic thinker with a customer-centric mindset and a passion for innovation.