Licensing Specialist

2 weeks ago


Airway Heights, United States Washington Staffing Full time

Licensing SpecialistThe Licensing Specialist position at Zak Designs is responsible for assisting Marketing and Licensing leadership in maintaining good licensor relations/communications, licensor forecasting, following up on licensor requests, communicating licensing information to the internal team, and helping to secure licenses for company product lines and programs.Essential Duties And ResponsibilitiesInclude the following. Other duties may be assigned as necessary.Licensor Communications/Relations - Establish and maintain a good working relationship with Zak's current and prospective licensors. Work with Marketing and Licensing to develop licensing plans and prepare licensing evaluation forms for new license consideration. Maintain a communication follow-up system so that each prospective licensor receives a letter communicating receipt of the new property information and the next step direction. Maintain prospective license files. Research new license opportunities. Develop new license and contract extension proposals. Provide follow-up to licensor requests on a timely basis, coordinating with other departments as necessary. Prepare licensing business updates for licensor meetings.License Contract Administration - Administer contract process in-house to ensure that all key managers review incoming contracts on a timely basis. Review contracts and work with the licensor's contract department to ensure that the license is set forth as proposed by Zak and that Zak's interests are protected; maintain contract files. Maintain the contract expiration follow-up system to ensure timely extension proposals can be submitted and sell-off periods are communicated to appropriate departments. Maintain a License-At-A-Glance system that provides efficient monitoring of the license portfolio. Maintain an Embargo report that includes all special rules that may be required for certain licenses as directed by the licensor.Intra-Departmental Communication - Develop a monthly review of each license's progress toward achieving the guarantee. Create reports for review with Licensing leadership. Work with the Royalty Specialist, Legal, and Chief Financial Officer, as well as the licensor's legal department, to make revisions to contracts that are in Zak's best interests. Update the internal team on licensor's marketing initiatives; coordinate with the Sales team as necessary for account-specific programs. Work with Marketing to ensure licensor's objectives are met when planning social media initiatives; coordinate cross-promotional displays. Work with Marketing and Product Development to research opportunities to add items to our contracts. Work with Product Development to ensure the licensor's objectives are communicated when creating product line listings for each new property. Ensure updated contract information is entered into Centric on a timely basis after a new contract or renewal is finalized.Other Licensing Activities - Work with Business Analytics and internal sales/forecasting systems to develop quarterly forecasts for licensors as requested. Work with the Sales Department and Marketing to gain approval from the licensor on marketing materials and internet distribution approvals. Work with Marketing and licensors in developing cross-license promotions. Travel to trade, vendor, and licensor locations where applicable. Some travel required, up to 10%.


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