Job ID:2184
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Product Manager - Industrial Products
Job Category:
Sales and Marketing
Job Region:
New York
Job Type:
Full Time/Direct Hire
Description:
PRODUCT MANAGER
Our client, a Fortune 1000 company, is a premier direct marketer & distributor of industrial supplies with 60 years of success. They offer more than 500,000 products from thousands of suppliers to hundreds of thousands of Customers. Due to growth, they are looking to add a new Product Manager to their team on Long Island.
DUTIES and RESPONSIBILITIES:
Form and maintain strategic relationships with key suppliers to identify and control costs, identify rebate opportunities, and act as the main point of contact for assigned suppliers
Manage all aspects of supplier operational performance.
Manage all acquisition costs and cost reduction efforts related to assigned suppliers
Support development of new products and maintain existing products in the line
Resolve quality assurance issues for assigned suppliers
Work with other groups to develop and implement tactical and strategic plans
Develop and manage annual supplier operational budgets
Develop and implement quarterly strategic/tactical plans to support budgeted goals
Implement merchandising strategies for multiple brands and product lines
Negotiates supplier agreements for new products
Evaluate pricing relative to competition and recommend pricing and presentation policies for product within designated product lines.
Execute corporate sales objectives for various product lines and create sales programs to meet objectives
Evaluate product offerings relative to competitors’ and make adjustments to ensure competitiveness
Manage the expansion of product lines and product line innovation
Ensure all product and product lines are presented clearly to the customer to maximize effect of advertising and minimize the need for further questions
Manages and creates, under guidance of management, merchandising and promotional initiatives to increase sales
Requirements:
EDUCATION and EXPERIENCE:
Bachelor's degree in Business or the equivalent is required
Minimum of three years of business experience are required
SKILLS:
Excellent mathematical and analytical skills
Strong negotiation skills
In depth knowledge of inventory management and the associated procurement costs
Knowledge and understanding of the procurement and inventory process and associated costs including inventory, logistics, acquisition costs, purchasing, and related accounting functions
Budget development and management skills
Excellent presentation skills
Computer literacy and proficiency in word processing and spreadsheet software
Excellent oral and written communication skills
Competitive salary ($70-80K), Bonus Eligible, Excellent Benefits.