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For Companies At a Glance
- Tasks: Lead product management for new categories, driving growth and market share.
- Company: Join an industry-leading organization with exciting growth opportunities.
- Benefits: Enjoy a dynamic work environment with potential for remote work and professional development.
- Why this job: Be at the forefront of product innovation and strategy in a fast-paced industry.
- Qualifications: Degree in business or marketing with 3-5 years in product/category management, preferably in furniture.
- Other info: Collaborate with international teams and manage a small team of product managers.
The predicted salary is between 43200 - 72000 £ per year.
Head of Product Management (New Categories)
We have partnered with an industry leading organisation on the lookout for a Head of Product Management for New Categories to join their team in Somerset. This is an incredible opportunity to join a fantastic company with exciting times ahead.
Accountable for the strategic direction and business performance of their product portfolio , taking responsibility for driving profitable growth via range development and enhancement. This high-profile role will take the lead in managing product research requirements, product / technical specifications, identifying, developing and bringing to market 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.
Key Responsibilities:
- Accountable for key financial deliverables including: £GSV / £SGM / SGM% / Vitality rate / product mix / sourcing / cost management.
- Commercial responsibility for NPD and product enhancement / range extensions to ensure competitive positioning, ROI and sales growth.
- Deliver strategic product category plans outlining business direction and objectives including 3 year rolling roadmap for NPD requirements for the company 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 the business strategy in conjunction with the Engineering & China team.
- 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.
- Trend analysis / colour mapping / forecasting to ensure launch products ahead of the curve and appeal to mass market.
- Manage a team of one product manager.
- In-depth market knowledge of specification, retail and export channels and end users to tailor launch message to key audience.
Decision Authority:
- Strategic plan for product portfolio – including rolling product category plans.
- Implement product discontinuations / introductions / CPR / pricing / positioning / hierarchy.
- 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
- Ideally degree qualified, preferably in a business / commercial field, although consideration would be given to an individual of degree calibre with the relevant experience.
- Professional Marketing / Business qualification.
- Significant experience (3-5 years minimum) in a Product /Category Management role ideally in the furniture industry.
- 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.
- Good appreciation of China manufacturing and sourcing; understanding of manufacturing methods advantageous.
- 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 – the 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.
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.#J-18808-Ljbffr
Head Of Product Management employer: Auctoro Recruitment
Contact Detail:
Auctoro Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head Of Product Management
✨Tip Number 1
Familiarize yourself with the latest trends in product management, especially in the furniture industry. Understanding current market dynamics and consumer preferences will help you demonstrate your expertise during discussions.
✨Tip Number 2
Network with professionals in the product management field, particularly those who have experience in NPD and category management. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've driven profitable growth in previous roles. Highlighting your achievements in product development and market expansion will showcase your capability for this high-profile position.
✨Tip Number 4
Research the company’s existing product portfolio and identify areas for potential enhancement or new product opportunities. Being able to present your ideas on how to improve their offerings will set you apart from other candidates.
We think you need these skills to ace Head Of Product Management
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Head of Product Management position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in product management, especially in the furniture industry. Provide specific examples of how you've driven profitable growth and managed product portfolios.
Showcase Your Skills: Demonstrate your commercial aptitude and ability to analyze data in your application. Mention any relevant qualifications or certifications in marketing or product management that align with the job requirements.
Tailor Your Application: Customize your cover letter to reflect your understanding of the company's goals and how you can contribute to their strategic direction. Mention your familiarity with market research and NPD processes, as these are crucial for the role.
How to prepare for a job interview at Auctoro Recruitment
✨Showcase Your Strategic Vision
As a Head of Product Management, it's crucial to demonstrate your ability to develop and implement strategic plans. Be prepared to discuss your vision for product categories and how you would align them with the company's goals.
✨Highlight Your Market Knowledge
Make sure to showcase your in-depth understanding of the furniture industry and market trends. Discuss specific examples of how you've used market research to drive product development and enhance competitive positioning.
✨Demonstrate Financial Acumen
Since the role involves accountability for key financial deliverables, be ready to talk about your experience with financial validation and cost management. Provide examples of how you've successfully driven profitable growth in previous roles.
✨Emphasize Collaboration Skills
This position requires collaboration with various teams, including sales and engineering. Share experiences where you've effectively worked with cross-functional teams to bring new products to market or enhance existing ones.
