Product Manager
hace 24 días
Lodi
Job Description Locations include: Oklahoma City, OK, Lodi, NJ, or Chicago, IL. Scope of Position The Product Manager drives profitable growth within assigned product lines by developing and executing a comprehensive strategy across the 4 P’s—Product, Price, Place, and Promotion. This position combines strategic insight with hands-on execution to optimize product performance, enhance market competitiveness, and enable sales success. This role reports to the Senior Director, Product Management. Responsibilities • Product Management, • Existing Portfolio Management, • Analyze and optimize SKU mix; lead rationalization of underperforming items and manage slow-moving or obsolete inventory disposition., • Identify portfolio gaps and recommend new product opportunities aligned with business objectives., • Monitor sales performance to identify issues and implement corrective actions., • Lead and support cost-reduction initiatives for key product lines., • Partner with Supply Chain and Manufacturing to refine product specifications, pricing metrics, and procurement strategies., • Ensure product data accuracy and consistency across all systems., • New Product Development, • Develop and maintain product roadmaps to achieve a 20%+ vitality index, focusing on innovation, value creation, and brand alignment., • Collaborate with Product Development and Project Management to ensure timely and successful product launches., • Work closely with Sales teams to ensure effective market adoption and product success., • Price Management, • Continuously monitor competitive pricing and market trends to ensure optimal positioning., • Recommend and execute pricing adjustments to drive both volume and margin dollar growth., • Conduct pricing experiments to evaluate demand elasticity and uncover margin improvement opportunities., • Place (Channel Strategy), • Define target sales channels (e.g., dealers, e-commerce, cash-and-carry) for product categories., • Determine pack sizes, packaging, and labeling requirements by channel and coordinate cross-functional implementation., • Partner with distributors to create and execute merchandising strategies that enhance visibility and sales., • Collaborate with eCommerce teams to ensure accurate, optimized product content., • Promotion, • Partner with Marketing to create compelling promotional assets for both new and existing products., • Define advertising and promotional strategies for key product categories., • Build and manage a promotional calendar in coordination with Marketing, Sales, and Supply Chain teams., • Plan promotional pricing strategies and materials for key events such as distributor meetings, buying group shows, and trade events. Qualifications • Bachelor’s Degree required; Master’s Degree preferred, • 5+ years of experience in Product Management or Price Management, • B2B Sales experience required, • Proven leadership, communication, and analytical skills, • Strong cross-functional collaboration and strategic planning abilities #LI-DNI