Category Managers work for procurement within the supply chain. Their title is often confused with the position of the buyer. Generally working for retail, category managers are responsible for procuring certain goods falling under a particular category.
As a Category Manager, your job will entail sales and marketing activities, apart from making sure the right products are available on the sales establishment's shelves. You will contribute to creating the retail strategy for the category of goods in your section.
Getting up to speed on whatever your competitors are doing will be a big part of your job, kind of like a spy or a detective. You will not only have access to market research and benchmark data, but you will also gain insight into the overall finances of your company and the legal terms.
There is more than meets the eye when it comes to being a category manager. For example, did you know that they make an average of $52.42 an hour? That's $109,043 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many category managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and creativity.
When it comes to the most important skills required to be a category manager, we found that a lot of resumes listed 10.6% of category managers included category strategy, while 10.4% of resumes included supplier performance, and 8.6% of resumes included strategic sourcing. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the category manager job title. But what industry to start with? Most category managers actually find jobs in the retail and manufacturing industries.
If you're interested in becoming a category manager, one of the first things to consider is how much education you need. We've determined that 69.2% of category managers have a bachelor's degree. In terms of higher education levels, we found that 13.1% of category managers have master's degrees. Even though most category managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a category manager. When we researched the most common majors for a category manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on category manager resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a category manager. In fact, many category manager jobs require experience in a role such as buyer. Meanwhile, many category managers also have previous career experience in roles such as purchasing manager or store manager.