A category analyst is responsible for reviewing the category management systems to improve efficiency. This role helps to maximize the productivity of distribution departments and improve customer satisfaction. He/She works with suppliers and third-party vendors and negotiates pricing contracts. He/She researches current market trends to aid product selection and maintains the adequacy of stock inventories. Also, he/she develops cost-reduction techniques by conducting data analysis and studying the current operational policies. Category analysts recommend ways to improve distribution and pricing.
Working as a category analyst requires a bachelor's degree in business administration, economics, or finances. You must have at least two years of experience in business or a related discipline. You must be able to build long-term customer relationships. Skills like communication, problem-solving, and multitasking are essential to this position.
The category analyst makes an average salary of $63,909 per annum or $30.73 an hour. The salary range falls between $45,000 and $89,000.