Category Manager

Category Manager page is loaded## Category Manager locations:
Midland, TXtime type:
Full time posted on:
Posted 6 Days Agojob requisition :
R-100586
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* Job Description:

**** Summary
* * The Category Manager oversees and manages strategic sourcing activities and supplier relationships for assigned categories; secures the highest quality materials, goods, and services at the lowest price; and acts as supervisory direct report for assigned personnel.

** Responsibilities
* ** Analyze spend portfolio to determine procurement approach for assigned categories based on magnitude of dollars, strategic importance, and opportunity for value delivery
* Develop a comprehensive understanding of the assigned category, including customer needs, market trends, and competitive landscape
* Create and execute strategic plans to achieve category objectives and drive profitability
* Identify opportunities for product innovation, differentiation, and expansion within the category
* Maintain current knowledge of industry best practices and technology trends (i.e., participate in training programs, professional organizations, attend seminars, and research periodicals or studies, etc.)
* Source, evaluate, and onboard new vendors that align with the category strategy and meet quality and cost requirements
* Manage strategic business relationships with internal and external suppliers to comprehensively understand business requirements
* Negotiate terms and contracts with vendors (i.e., pricing, payment terms, and promotional support)
* Maintain ongoing relationships with vendors to ensure product availability, quality control, and adherence to agreed-upon terms
* Conduct regular market research and analysis to monitor industry trends, consumer behavior, and competitive activity
* Utilize data analytics tools and techniques to extract insights and identify category growth and improvement opportunities
* Stay informed about emerging technologies, market disruptions, and regulatory changes that may impact the category
* Analyze profitability metrics to identify areas for improvement and implement corrective actions as needed
* Work closely with inventory planning and warehousing teams to ensure optimal category inventory levels
* Utilize metrics, tools, or processes, and work collaboratively with team members to optimize sourcing, supplier activities, and efficiencies
* Minimize stockouts and excess inventory (i.e., forecast demand, monitor inventory turnover, and implement replenishment strategies)
* Identify slow-moving or obsolete inventory
* Develop strategies to liquidate or mitigate inventory risks
* Partner with cross-functional teams to align category strategies with overall business objectives (i.e., Sales, Marketing, Operations, Finance, and Engineering)
* Communicate category plans, priorities, and performance metrics to stakeholders, soliciting input and feedback as needed
* Collaborate on joint initiatives and projects that require cross-functional coordination and support
* Oversee and evaluate document retention practices to ensure compliance with Sarbanes Oxley (SOX) requirements
* Ensure subordinates, internal customers, and vendors follow applicable laws and regulations
* Act as supervisory direct report for assigned personnel (i.e., performance management, corrective action, training, defining daily priorities, creating work schedules, etc.)
* Manage time and attendance for assigned personnel including timecard approval or paid time off
* Oversee the hiring of assigned personnel (i.e., collaborate with Human Resources recruiters, perform interviews, select qualified talent, etc.)
* Maintain compliance with Health, Safety, and Environmental (HSE) policies by attending all required HSE training sessions, safety meetings, and always utilize proper Personal Protective Equipment (PPE)
* Other duties as assigned
** Qualifications
* ** Minimum 5 years of relevant experience (equivalent education will be considered in lieu of experience)
* Bachelor’s Degree, required
* Oil and gas industry experience, strongly preferred
* Experience in…