Product Manager - Power Sports Industry
Arrowhead Engineered Products
Mid-level
$99.5k - $125.3k YEARLY
Boise, ID, US
Posted 1 week ago
Job summary
The Product Manager position at Arrowhead Engineered Products involves overseeing product categories and ensuring profitability through effective vendor relationships and market analysis. The role requires at least 2 years of product management experience, with an emphasis on data analysis and strategic planning. Candidates should have strong skills in Microsoft Office and the power sports industry is preferred.
Role details
- Role
- Full-time
- Industry
- Manufacturing And Production
- Employment
- Fulltime
- Experience
- 2 Years +
- Education
- Bachelor's Degree
Responsibilities
- analyzes performance of sales volume
- manages inventory for high ROI
- works with Purchasing and Logistics for inventory management
- responsible for P&L accountability
- maintains vendor relationships
- plans market research to align product strategy
- manages catalog production content
Requirements
- 2+ years of previous product management experience and training
- strong background in the power sports industry is highly preferred
- intermediate to advanced PC skills in Microsoft Office applications
- 2+ years of experience with an ERP and inventory system
Key skills
Product Management
Market Research
Data Analysis
Vendor Negotiation
Interpersonal Skills
Customer Service
Project Management
Microsoft Office
Erp
Attention To Detail
Problem Solving
Communication Skills
Full job description
- OVERVIEW
Product Managers are an expert in their assigned product categoryand work with multiple teams, internal resourcesandManagement stakeholders to develop a product strategy for theproduct category. This role is responsible forall aspects of daily management of assigned vendors and internal resourcesspecific to the category. A Product Manager is responsible forproduct selection, implementationand category profitability. The Product Manager plans, organizesand ensurestheir product categories meet the standards of the company,and exceeds company goalsin product performance, customer satisfactionand sales performance.
PRIMARY DUTIES
Portfolio management– analyzesperformance of sales volume; adds/removesproductsto the category; adds/removes SKUs to the inventory system; analyzes market trends and competitor activity; oversees product mapping; integral cooperation for product launches; works with the Data and Catalog teams to maintaincatalog and online fitment information and accuracy of data.
Inventory Management – working with Purchasing and Logistics to maintaina healthy inventory that delivers ROI to meet AOP objectives; determinesend\-of\-life strategy and oversees the disposition process of discontinued products; uses dead and excess inventory data to devise strategies for end\-of\-life sales opportunities and to remove/rotate in\-network distressed inventory.
Supply Chain/Purchasing– sales forecasting for the purpose of purchasing and logistics planning; in conjunction with Purchasing, ensures timely planning and order fulfillment in support of market research, trends, and product launch strategies; follows up with Purchasing to ensure timely delivery of parts/inventory to committed orders; works with Sales and Purchasing to devise inventory strategies, placement and allocation of product to maximize fill rates and ROI; works with suppliers and DC OPS team on continuous improvement opportunities in areas such as packaging and shipping methodology; works with Purchasing on maximizing best minimum order rates, freight rates and policies and other cost saving opportunities; ensures sufficient quantities are on hand for product launch events.
P \& L Accountability– holds direct profit/loss statement responsibility and accountability for the category while ensuring market competitiveness and profitability is consistent with annual and long\-term business plans; assistsin the development and successful execution of the Company’s strategic business plans and profit margin expectations for all brands within the product category.
Vendor Relationships \& Strategic Partnerships– leads efforts in maintainingoptimalkey vendor and partner relationships; in conjunction with the Segment Director, ensures vendor negotiations, inventory commitments and pricing are aligned with market demand and corporate AOP objectives; works with Purchasing and vendors on special buys and payment terms for promotional or seasonal projects.
Market Research \& Marketing– plans and leads market research to ensure product strategy and product portfolio is aligned with market needs and corporate business goals; works with Marketing to ensure the product category is correctly positionedin the marketplace,that printed collaterals and online information is accurate, timely and available to the consumer; works with Sales and Marketing in the development of merchandising, advertising sales incentive programs to drive sales volume and profit targets; provides necessary and relevant communication to/from dealer and sales team constituents; manages marketing content for the category within the CMS database; works with suppliers on POP and in\-store merchandising programs.
Catalog Merchandising \& Content– manages content for catalog production, including gathering of accurate product data and images; loads all assets into the CMS for catalog production; works with the Catalog team to ensure product placement and presentation in the catalog is appropriate, accurate and contemporary; continuous oversight to prevent errors in catalog iterations.
SKILLS \& EXPERIENCE REQUIRED
A Bachelor’s Degreeis PREFERREDbut prior work experience combined with some formal education will be considered as an acceptable alternative.
\+ years of previousproduct management experience and training isREQUIRED.
A strong background in the power sports industry is highly PREFERRED.
Intermediate toadvanced PC skills inMicrosoft Office applications, including MS Excel, MS Word, MS Powerpointand MS Outlook isREQUIRED.
\+ years of experience with an ERP;inventory system and other tertiary programs isREQUIRED.
Highly organized, with acuteattention to detail.
Ability to performndata analysis for market trends, compose business forecasts and calculate profit margins.
Creative problem solving and negotiation abilities to solve complex issues.
Excellent interpersonal and communication skills to communicate effectively with internal and external stakeholders.
Strong customer service skills, with the ability to both develop and maintaincustomer satisfaction and brand loyalty.
Ability to work independently and produce high quality work without immediate oversight.
Ability to use sound judgement in recognizing scope of authority in responding to problems.