Product Manager
PeopleSuite Talent Solutions, Chicago, IL, United States
Locations
Locations include: Oklahoma City, OK, Lodi, NJ, or Chicago, IL.
Overview
The Product Manager drives profitable growth within assigned product lines by developing and executing a comprehensive strategy across the
4 P’s—Product, Price, Place, and Promotion . This position combines strategic insight with hands-on execution to optimize product performance, enhance market competitiveness, and enable sales success. This position reports to the Senior Director, Product Management.
Responsibilities
Product Management
Analyze and optimize SKU mix; lead rationalization of underperforming items and manage slow-moving or obsolete inventory disposition.
Identify portfolio gaps and recommend new product opportunities aligned with business objectives.
Monitor sales performance to identify issues and implement corrective actions.
Lead and support cost-reduction initiatives for key product lines.
Partner with Supply Chain and Manufacturing to refine product specifications, pricing metrics, and procurement strategies.
Ensure product data accuracy and consistency across all systems.
New Product Development
Develop and maintain product roadmaps to achieve a 20%+ vitality index, focusing on innovation, value creation, and brand alignment.
Collaborate with Product Development and Project Management to ensure timely and successful product launches.
Work closely with Sales teams to ensure effective market adoption and product success.
Price Management
Continuously monitor competitive pricing and market trends to ensure optimal positioning.
Recommend and execute pricing adjustments to drive both volume and margin dollar growth.
Conduct pricing experiments to evaluate demand elasticity and uncover margin improvement opportunities.
Place (Channel Strategy)
Define target sales channels (e.g., dealers, e-commerce, cash-and-carry) for product categories.
Determine pack sizes, packaging, and labeling requirements by channel and coordinate cross-functional implementation.
Partner with distributors to create and execute merchandising strategies that enhance visibility and sales.
Collaborate with eCommerce teams to ensure accurate, optimized product content.
Promotion
Partner with Marketing to create compelling promotional assets for both new and existing products.
Define advertising and promotional strategies for key product categories.
Build and manage a promotional calendar in coordination with Marketing, Sales, and Supply Chain teams.
Plan promotional pricing strategies and materials for key events such as distributor meetings, buying group shows, and trade events.
Qualifications
Bachelor’s Degree required; Master’s Degree preferred
5+ years of experience in Product Management or Price Management
Proven leadership, communication, and analytical skills
Strong cross-functional collaboration and strategic planning abilities
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Locations include: Oklahoma City, OK, Lodi, NJ, or Chicago, IL.
Overview
The Product Manager drives profitable growth within assigned product lines by developing and executing a comprehensive strategy across the
4 P’s—Product, Price, Place, and Promotion . This position combines strategic insight with hands-on execution to optimize product performance, enhance market competitiveness, and enable sales success. This position reports to the Senior Director, Product Management.
Responsibilities
Product Management
Analyze and optimize SKU mix; lead rationalization of underperforming items and manage slow-moving or obsolete inventory disposition.
Identify portfolio gaps and recommend new product opportunities aligned with business objectives.
Monitor sales performance to identify issues and implement corrective actions.
Lead and support cost-reduction initiatives for key product lines.
Partner with Supply Chain and Manufacturing to refine product specifications, pricing metrics, and procurement strategies.
Ensure product data accuracy and consistency across all systems.
New Product Development
Develop and maintain product roadmaps to achieve a 20%+ vitality index, focusing on innovation, value creation, and brand alignment.
Collaborate with Product Development and Project Management to ensure timely and successful product launches.
Work closely with Sales teams to ensure effective market adoption and product success.
Price Management
Continuously monitor competitive pricing and market trends to ensure optimal positioning.
Recommend and execute pricing adjustments to drive both volume and margin dollar growth.
Conduct pricing experiments to evaluate demand elasticity and uncover margin improvement opportunities.
Place (Channel Strategy)
Define target sales channels (e.g., dealers, e-commerce, cash-and-carry) for product categories.
Determine pack sizes, packaging, and labeling requirements by channel and coordinate cross-functional implementation.
Partner with distributors to create and execute merchandising strategies that enhance visibility and sales.
Collaborate with eCommerce teams to ensure accurate, optimized product content.
Promotion
Partner with Marketing to create compelling promotional assets for both new and existing products.
Define advertising and promotional strategies for key product categories.
Build and manage a promotional calendar in coordination with Marketing, Sales, and Supply Chain teams.
Plan promotional pricing strategies and materials for key events such as distributor meetings, buying group shows, and trade events.
Qualifications
Bachelor’s Degree required; Master’s Degree preferred
5+ years of experience in Product Management or Price Management
Proven leadership, communication, and analytical skills
Strong cross-functional collaboration and strategic planning abilities
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