Job description
Business Acumen:
Experience in the product development lifecyle is a required along with strong business and financial acumen. A strong understanding of gross margin. Ability to use data analytics to guide decisions & judgment.
Results Focused
Works to deliver the product development plan and achieve the financial goals set by the Category POD team. Puts customer first when making decisions.
- College Degree Required
- 2-4 Years of Product Development experience
- Experience in a Product management or merchandising preferred
- Advance Excel & Microsoft Office Skills
- Ability to travel to the Woodcliff Lake, NJ office 2-3 times per week; Domestic and international travel minimal, but as needed
Expected Salary Range: $80,000-90,000
The salary range offered for this position is a good faith description of the expected salary range this role will pay. PCHI reserves the right to pay more or less than the stated range based on a variety of factors such as experience, geography, etc.
The Product Manager is a member of a Category POD team who is responsible for creating and driving the product development process from concept through production. This critical role is responsible for introducing innovative & trend right products, while negotiating costs with vendors to ensure the right products are introduced at the right price. This role is responsible for the establishment and maintenance of a product development plan to ensure all key milestones are achieved. The successful product manager works collaboratively with the Category POD team. This position has full product P&L responsibility which impacts the overall performance of the Product Category.
Responsibilities and Duties
- Responsible for the execution of the Category plan to achieve business goals
- Leads pricing negotiations and generates multiple solutions and options
- Conducts market research and possesses a high awareness of market trends
- Responsible for the product development process from ideation to production
- Partners proactively & collaboratively to meet margin and inventory goals
- Reviews vendor quotes and analyses margins to determine product viability
- Ultimate accountability for database accuracy, printed catalogs and communication
- Manages warehouse and troubleshoots quality and testing issues
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