At a Glance
- Tasks: Maximise revenue and manage product life cycles for innovative products.
- Company: Join a reputable company known for its innovation and success.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Flexible work culture with opportunities to lead exciting projects.
- Why this job: Be part of a team that drives product success and market impact.
- Qualifications: Experience in product management and strong analytical skills required.
The predicted salary is between 30000 - 40000 £ per year.
Diamond Search Recruitment is delighted to represent an innovative and extremely reputable client, who are seeking a Product Lifecycle Executive to join their successful team.
Purpose
This role maximises revenue and profitability of the existing portfolio during the product's lifetime, manages shortages and obsolescence and ensures effective product rationalisation. It encompasses all aspects of the product delivery contents, accessories and supporting data to drive sales.
Responsibilities
- Initiate and manage product line extensions and updates to optimise revenue and profitability over the full life cycle based on market data and close co-operation with sales.
- Develop campaigns with sales and marketing to achieve accelerated sales during early stages through multiple channels.
- Price positioning to develop share and enhance margins.
- Work with the product managers to plan out and execute yearly rationalisation of products.
- Manage product retirement and component obsolescence to prevent supply disruption.
- Maintain all aspects of the product including packaging, delivery contents and product data.
Analysis
- Analysis of current product line performance.
- Execution of product plans for underperforming product lines.
- Enhancements and variants to achieve life cycle goals and maintain competitive position.
- Continuity of supply for critical product lines.
- Accurate content for sales tool development and digital channels.
Person Specification
- Proven experience in a similar role.
- Proven ability to manage product life cycles preferably in industrial or automotive markets.
- Highly competent in the use of MS Office applications particularly Excel and familiar with product life cycle management tools.
- Able to manage varied concurrent projects across departments with a flexible approach.
- Degree level education in a technical discipline or marketing.
What are you waiting for? Apply today!
Product Lifecycle Executive in Darenth employer: Diamond Search Recruitment
Contact Detail:
Diamond Search Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Lifecycle Executive in Darenth
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Product Lifecycle Executive role.
✨Tip Number 2
Prepare for interviews by researching the company and its products. We want you to show off your knowledge about their product lifecycle strategies and how you can contribute to maximising revenue and profitability. Be ready to discuss your past experiences and how they relate to the role!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. We suggest focusing on your ability to manage product life cycles and handle obsolescence, as these are key aspects of the job.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. We’re here to help you every step of the way, so take that leap and submit your application for the Product Lifecycle Executive position today!
We think you need these skills to ace Product Lifecycle Executive in Darenth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Lifecycle Executive role. Highlight your experience in managing product life cycles and any relevant achievements that showcase your ability to drive sales and profitability.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use it to explain how your skills align with the responsibilities listed in the job description, especially around product management and market analysis.
Showcase Your Analytical Skills: Since analysis is key in this role, be sure to mention any specific tools or methods you've used to analyse product performance. We want to see how you can contribute to optimising our product portfolio!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our innovative team!
How to prepare for a job interview at Diamond Search Recruitment
✨Know Your Product Lifecycle
Make sure you understand the ins and outs of product lifecycle management. Brush up on how to maximise revenue and profitability throughout a product's life. Be ready to discuss specific examples from your past experience that demonstrate your ability to manage product lines effectively.
✨Showcase Your Analytical Skills
Since analysis is key in this role, prepare to talk about how you've used data to drive decisions in previous positions. Bring examples of how you've executed product plans for underperforming lines or how you've enhanced products based on market data.
✨Collaborate Like a Pro
This job involves working closely with sales and marketing teams. Think of instances where you've successfully collaborated across departments. Be prepared to share how you developed campaigns or managed projects that required input from multiple stakeholders.
✨Be Ready for Technical Questions
Given the technical nature of the role, brush up on your knowledge of MS Office applications, especially Excel. You might be asked to demonstrate your proficiency or discuss how you've used these tools in managing product data and performance analysis.