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For Companies At a Glance
- Tasks: Maximise revenue and manage product life cycles for an innovative company.
- Company: Join a reputable client known for their dynamic team and success.
- Benefits: Competitive salary, career growth, and a collaborative work environment.
- Why this job: Make a real impact on product strategies and drive sales.
- Qualifications: Experience in product management and strong analytical skills required.
- Other info: Exciting opportunity to work across departments and enhance your career.
The predicted salary is between 28800 - 48000 £ 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 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
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their market position and be ready to discuss how your skills can help them maximise revenue and profitability.
✨Tip Number 3
Showcase your analytical skills! Be prepared to discuss how you've used data to drive decisions in previous roles. This is key for a Product Lifecycle Executive, so highlight relevant experiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Product Lifecycle Executive
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 mentioned in the job description, especially around product management and 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: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
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, so be prepared to discuss your experience in cross-departmental collaboration. Share specific instances where your teamwork led to successful campaigns or product launches.
✨Be Ready for Technical Questions
Given the technical nature of the role, brush up on your knowledge of MS Office, especially Excel, and any product lifecycle management tools you've used. Expect questions that test your familiarity with these tools and how you've applied them in real-world scenarios.
