Category Buyer

Category Buyer

The person is responsible for assisting the procurement manager and category team in implementing procurement and supply chain strategies for designated spend categories and business segments.

Related Terms

Yield Management

A pricing strategy used to maximize revenue by varying prices based on demand and inventory levels.

Product Variants

A specific version of a ‘master’ product that is differentiated by one or more attributes, such

Customer Loyalty

Emerges when customers consistently favor a brand over its competitors, leading to repeat purchases and a