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Private Label Development Manager
4 days ago
Purpose of Position:
We are looking for a highly motivated and experienced Private Label Development Manager to join our team. This key role will be responsible for overseeing the development, launch, and management of private label products. This role requires a strategic thinker with a strong understanding of industry and company trends, consumer behavior, and supply chain management. The Private Label Development Manager will work closely with various departments including merchandising, planning & inventory, distribution, and marketing to ensure the success of our private label product lines. Key responsibilities include conducting business/industry research, identifying new product opportunities, negotiating with suppliers, and managing product lifecycles. The successful candidate will have excellent project management skills, a keen eye for detail, and the ability to work in a fast-paced environment. This is a unique opportunity to make a significant impact on our company's growth and profitability by driving the success of our private label products.
Essential Duties and Responsibilities:
- Analyze sales and inventory trends to help the creation of strategies to maximize sales, profits, and availability to grow the business and achieve the financial plan
- With partnership of key cross-functional teams, develop and implement private label product strategies that align with the overarching strategic vision
- Negotiate with suppliers to secure favorable terms and conditions
- Manage product lifecycles from concept to launch
- Collaborate with marketing and sales teams to develop promotional strategies
- Monitor and analyze product performance and make data-driven decisions
- Ensure compliance with industry regulations and quality standards
- Manage budgets and financial performance of private label products.
- Coordinate with Merchandising and P&I to ensure OTB alignment and timely delivery of products
- Develop and maintain strong relationships with suppliers and vendors
- Oversee packaging design and branding efforts
- Conduct competitive analysis to stay ahead of market trends
- Prepare and present reports on product performance to senior management
- Identify and mitigate risks associated with private label products
- Continuously seek opportunities for product improvement and innovation.
- All other duties as assigned
Qualifications:
- Retail Merchandise-specific category management experience
- experience working with factories directly
- Exceptional communication skills: an experienced consensus builder with excellent verbal and written communication
- Strong leadership experience with direct reports and non-direct reports alike
- Proven track record of analyzing financial results and delivering financial results in response
- Excellent collaboration and cross-functional team skills
- Ability to work in a fast-paced, ever-changing environment
- Proficiency in a variety of systems including Microsoft Office Suite
- Experience with budget management and financial analysis
- Strong attention to detail and a keen eye for design
- Knowledge of industry regulations and quality standards
- Experience with product lifecycle management
Education/Experience:
- Bachelor’s degree in Business, Marketing, or related field required
- A minimum of 5 years of experience in product management or similar role
Supervisory Responsibilities:
This position currently does not manage a Team but could evolve future state
Work Environment/Physical Demands:
The work environment characteristics and physical demands described are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This position is considered sedentary. While performing the duties of this job, the employee is regularly required to, stand, sit; talk, hear, and use hands and fingers to operate a computer and telephone keyboard reach, stoop kneel to install/move computer equipment
The employee may be required to exert up to 10 lbs. of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. Involves sitting most of the time, but may involve walking or standing for brief periods of time
Specific vision abilities required by this job include near acuity at 20 inches or less due to computer work
While performing the duties of this job, the employee will experience a moderate noise level (i.e. business office with computers, phone, and printers, light traffic)
Travel Requirements:
This position may require travel.
Sportsman’s Warehouse is an Equal Opportunity Employer.
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