£40K/yr to £45K/yr
Milton Keynes, England
Permanent, Variable

Product Manager

Posted by EAC Consulting Group.

EAC are representing a Market Leading Organisation who are on looking for a Product Manager to join the the team. This role is crucial Managing new Product Development from Concept to Product Launch.

Benefits for Product Manager:

  • Salary £40,000 - £45,000
  • Laptop & Phone provided
  • Flexible working (3 days in the office)
  • Annual Company bonus
  • Team days out and Team lunches
  • Paid parking at the office

Duties for Product Manager:

  • To ensure the timely release of new products to market and expected profit and sales objectives are achieved.
  • Review and compare the pricing received from the manufacturer against the profit margin expectations and market pricing expectations.
  • Investigate and review the market for the new product. This includes: determining the selling price, identifying competitors and number of competitors selling the product, its appeal, product sales performance and visit competitor sites to determine product price points.
  • Review and compare the pricing received from the manufacturer against the profit margin expectations and market pricing expectations.
  • Compile and analyse a sales forecast using Excel to determine the initial order requirements, the number of that the product will go into, expected sales based on historical data and seasonality of the product.
  • Compile a margin analysis report each quarter and review and compare the GP margin on each product with the budget and highlight any variances.
  • Regularly review stock levels, orders placed, delivery dates and stock on hand for the initial six months of the new products being introduced.
  • Drive product launches and maintain and up to date promotional and core range planners.

Ideal Product Manager:

  • 1-3 years in a Product or Category Management role. Experienced in New Product Development through to Product Launch.
  • Previous experience within a Manufacturing indsutry; FMCG.
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