Best Buy

Senior Category Specialist

Best Buy

Richfield, MN 55423, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Best Buy - where we strive to provide the best products and services to our valued customers. We are currently seeking a Senior Category Specialist to join our team and help us continue to deliver top-notch merchandise to our shelves. As a Senior Category Specialist, you will play a crucial role in managing and developing our product categories, ensuring that we offer the latest and greatest technology to our customers. If you have a passion for retail and a strong understanding of market trends, we want to hear from you! Join us at Best Buy and help us bring the best products to our customers' fingertips.

  1. Manage and develop product categories: The Senior Category Specialist will be responsible for overseeing and optimizing the product categories at Best Buy. This includes identifying new trends and products, as well as managing inventory and pricing strategies to maximize sales and profitability.
  2. Stay updated on market trends: The Senior Category Specialist will need to have a strong understanding of the retail industry and stay informed on emerging trends and technologies. This will help in making informed decisions when it comes to product selection and category management.
  3. Collaborate with cross-functional teams: This role will require working closely with other teams such as merchandising, marketing, and sales to develop and execute category plans. The Senior Category Specialist must be able to communicate effectively and collaborate with these teams to achieve common goals.
  4. Conduct market research and analysis: To ensure that Best Buy offers the best products to its customers, the Senior Category Specialist will need to conduct thorough market research and analysis. This includes monitoring competitor activities, consumer behavior, and industry trends to make data-driven decisions.
  5. Develop and maintain vendor relationships: The Senior Category Specialist will be responsible for building and maintaining relationships with vendors to ensure the best products are available to customers. This includes negotiating contracts and managing vendor performance to meet business objectives.
  6. Monitor and report on category performance: It will be the responsibility of the Senior Category Specialist to track and analyze category performance metrics, including sales, inventory levels, and customer feedback. This information will be used to make adjustments and improvements to category strategies.
  7. Train and mentor junior team members: As a senior member of the team, the Senior Category Specialist will be responsible for training and mentoring junior team members. This includes sharing knowledge and best practices, providing guidance and support, and fostering a collaborative and positive work environment.
  8. Ensure compliance with company policies and procedures: The Senior Category Specialist will need to adhere to all company policies and procedures, including pricing, inventory management, and vendor relationships. They will also be responsible for ensuring compliance with
Where is this job?
This job is located at Richfield, MN 55423, USA
Job Qualifications
  • Extensive Knowledge Of The Retail Industry: A Senior Category Specialist At Best Buy Should Possess A Deep Understanding Of The Retail Market, Including Trends, Competition, And Consumer Behavior. This Knowledge Will Help Them Make Informed Decisions And Develop Effective Strategies For Their Assigned Product Categories.

  • Strong Analytical Skills: The Role Of A Senior Category Specialist Requires Analyzing Large Amounts Of Data To Identify Patterns And Insights. Therefore, Candidates Should Have Strong Analytical Skills To Interpret Data, Draw Conclusions, And Make Data-Driven Decisions.

  • Experience In Product Management: Best Buy's Senior Category Specialist Is Responsible For Managing The Entire Product Lifecycle, From Identifying New Products To Phasing Out Old Ones. Therefore, Candidates Should Have Previous Experience In Product Management, Including Product Development, Pricing, And Inventory Management.

  • Excellent Communication And Negotiation Skills: This Role Requires Collaborating With Various Stakeholders, Such As Vendors, Merchandisers, And Sales Teams. A Senior Category Specialist Should Have Excellent Communication And Negotiation Skills To Build Relationships And Drive Results.

  • Bachelor's Or Master's Degree In Business Administration Or A Related Field: While Not Always A Requirement, A Degree In Business Administration, Marketing, Or A Related Field Can Provide Candidates With A Solid Foundation In Areas Such As Market Analysis, Strategic Planning, And Project Management, Which Are Crucial For This Role.

Required Skills
  • Contract Management

  • Inventory Management

  • Procurement

  • Vendor Management

  • Negotiation

  • Pricing strategy

  • Category management

  • Market analysis

  • Strategic Sourcing

  • Supplier relationship management

  • Project

  • Product Assortment

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Active Listening

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Category Specialist in Richfield, MN, USA is $71,000 - $120,000 per year. This range may vary depending on factors such as experience, education, and the specific industry or company the individual works in.

Additional Information
Best Buy is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedOctober 2nd, 2024
Apply BeforeAugust 19th, 2025
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About Best Buy

Best Buy Co., Inc. provides consumer electronics, home office products, entertainment products, appliances and related services. It operates through two business segments: Domestic and International. The Domestic segment is comprised of the operations in all states, districts and territories of the U.S., operating under various brand names, including but not limited to, Best Buy, Geek Squad, Magnolia Audio Video and Pacific Sales. The International segment is comprised of all operations outside the U.S. and its territories, which includes Canada and Mexico. It also markets its products under the brand names: Best Buy, Geek Squad, Magnolia Audio Video and Pacific Sales.

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