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.

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as

Market Share

Represents the portion of an industry’s total sales that is accounted for by a specific company