Category Manager 2
Woodward, Inc.Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards. We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future. Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. Estimated annual base pay : $105,000.00 (minimum) - $136,000.00 (midpoint) - $168,000.00 (maximum) All Levels are eligible for the benefits below: All members included in annual cash bonus opportunity. 401(k) match (4.5%) Annual Woodward stock contribution (5%) Tuition reimbursement and Training/Professional Development opportunities for all members 12 paid holidays. Industry leading medical, dental, and vision Insurance upon date of hire Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave. Paid parental leave. Adoption Assistance Employee Assistance Program, including mental health benefits. Member Life & AD&D / Long Term Disability / Member Optional Life Member referral bonus Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending Voluntary benefits, including: o Home / Auto Insurance discounts o Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave Key Responsibilities: Market Analysis and Research: Conduct market research and analyze trends to identify opportunities and threats within the category. Category Strategy Development: Develop and implement strategies to optimize the performance and profitability of assigned product categories for the long term. Anticipate needs of the business to posture supply base for the future. Project generation, scope definition and maturation: Manage project pipeline to identify and mature projects that support category strategy, product margin, and product lifecycle. Approved Supplier List (ASL) Management: Manage approved supplier list. Align suppliers into strategic categories based on alignment with stakeholders. Assign suppliers into sub categories based on the category of product they provide. Ensure completeness and consistency appropriate to multi-site suppliers. Financial Management: Oversee budgeting, forecasting, and financial performance for assigned categories, ensuring profitability and cost efficiency through effective financial planning. Key Skills: Business Acumen: Understands the complex relationships between all functions of the business and wider economic context. Frames work in terms of business value and needs. Directs and coordinates the development of initiatives that cross organizational lines. Creates business cases for investments that would improve performance. Intelligence Gathering: Uses spend analytics and market research to make decisions and guide the category. Collaborates with suppliers on any strategy. Executive Presence: Able to influence others using communication and leadership skills. Demonstrates leadership capabilities when working with others. Insight Generation: Forms valuable insights backed in data, knowledge, experience, or research. Brings insights to others to guide processes. Project Management: Ties project to functional and business goals. Aligns all stakeholders and meets goals. Stakeholder Management: Identifies new stakeholders. Engages stakeholders. Ensures all stakeholders are aligned. Strategic Thinking: Able to think critically to solve problems and achieve goals. Generates and ut…