Product Manager
We are working exclusively with an extremely well-known, industry leading organisation on the lookout for a Product Manager to join their team in Somerset. This is an incredible opportunity to join a fantastic company with exciting times ahead.
Reporting to the Head of Product Management, this role will be accountable for developing strategic direction and business performance of the product portfolio, taking responsibility for aiding the delivery of profitable growth via range development and enhancement. This pivotal role will take a supporting position in managing product research requirements, product / technical specifications, identifying, developing and launching new products and collaborating with the senior sales team to deliver category development and increased market share. This role includes collaboration with China & EU based suppliers to develop or adapt NPD suitable for the product category market.
Key Responsibilities:
- Accountable for analysing key financial deliverables including, £GSV / £SGM / SGM% / Vitality rate / product mix / cost management
- Budget responsibility to deliver NPD and product enhancement activities from range extensions through to new product categories
- Aid the delivery of strategic product category plans outlining business direction and objectives including 3 year rolling roadmap for NPD requirements via third party sourcing/manufacturing
- NPD process ownership - ensure all aspects of process are followed and delivered
- NPD commercial validation to exploit commercially viable NPD opportunities aligned to business strategy in conjunction with Engineering & International teams
- Promotional product deployment in line with channel and communication strategy - results driven
- Be a product 'expert' across Retail / Spec and competitor ranges - channel support
- In-depth market knowledge of macro environment and end users within all distribution channels - drive market research requirements
- In-depth market knowledge of specification, retail and export channels and end users to tailor launch message to key audience
- Implement product discontinuations / introductions / CPR / pricing / positioning / hierarchy (final approval needed for HoPM)
- NPD - full lifecycle management including financial validation, design concepts, performance specification, testing, packaging, and launch preparation in conjunction with comms team
- Promotional activity - product development / amendments as required
- Category research requirements / data needs
KEY SKILLS
- Significant experience (3-5 years minimum) in a Product/Category Management role
- Business/Marketing degree qualified with additional qualifications in product/category management field
- High degree of commercial aptitude; ability to analyse and review data and substantiate projects
- Proven track record of evaluating and developing strategic market opportunities
- Excellent influencing skills with the ability to present at all levels and manage external stakeholders
- A positive and motivated individual, with a high level of organisation and project management skills
- Used to working in a fast-paced environment - flexibility to adapt is essential
- Professional communication skills both written and verbal; numerate and literate; with exceptional levels of accuracy and a high attention to detail
- Proficient IT and Reporting skills
- Ability to work individually as well as part of a team
By applying for this position, you authorise Auctoro Recruitment to hold your personal details on file for use in finding you a suitable position. Auctoro Recruitment will never transfer your information to a third party without your prior consent.