Product Manager

3 weeks ago

Woodcliff Lake, United States Party City Full time

Company Overview

Party City Holdco Inc. (PCHI) is a global leader in the celebrations industry, with its offerings spanning more than 70 countries around the world. PCHI is also the largest vertically integrated designer, manufacturer, distributor, and retailer of party goods in North America.

PCHI team members demonstrate a daily commitment to the company's Brand Purpose: to inspire joy by making it easy for customers to create unforgettable memories.

PCHI operates across multiple businesses within its Retail Division and Consumer Products Division. On the retail side, Party City (partycity.com) is the leading omnichannel retailer in the celebrations category, operating more than 800 company-owned and franchise stores, as well as Halloween City (halloweencity.com) seasonal pop-up stores. The Consumer Products Division includes design and manufacturing entities Amscan, an industry leader in celebration décor, tableware, costumes, and accessories, and Anagram, the global market leader in foil balloons.

PCHI is headquartered in Woodcliff Lake, N.J. with additional locations throughout the Americas and Asia.

Job Overview

The Product Manager is a member of a Category POD team who is responsible for creating and driving the product development process from concept through production. This critical role is responsible for introducing innovative & trend right products, while negotiating costs with vendors to ensure the right products are introduced at the right price. This role is responsible for the establishment and maintenance of a product development plan to ensure all key milestones are achieved. The successful product manager works collaboratively with the Category POD team. This position has full product P&L responsibility which impacts on the overall performance of the Product Category.

Responsibilities And Duties

  • Responsible for the execution of the Category plan to achieve business goals
  • Leads pricing negotiations and generates multiple solutions and options
  • Conducts market research and possesses a high awareness of market trends
  • Responsible for the product development process from ideation to production
  • Partners proactively & collaboratively to meet margin and inventory goals
  • Reviews vendor quotes and analyses margins to determine product viability
  • Ultimate accountability for database accuracy, printed catalogs and communication
  • Manages warehouse and troubleshoots quality and testing issues

Skills Required

  • Experience in the product development lifecycle is required along with strong business and financial acumen. A strong understanding of gross margin. Ability to use data analytics to guide decisions & judgment.
  • Works to deliver the product development plan and achieve the financial goals set by the Category POD team. Puts the customer first when making decisions.
  • Strong data management and project management skills required. The ability to find solutions and remove obstacle are required; understands the impact of decisions
  • Understands key relationships relevant to achieving short & long-range objectives.
  • Not satisfied with the status quo. Offers compelling ideas to advance the business. Leads change from the front.

Qualifications

  • College Degree Required
  • 2-4 Years of Product Development experience
  • Experience in a Product management or merchandising preferred
  • Advance Excel & Microsoft Office Skills
  • Ability to travel between the Elmsford NY and Rockaway NJ Offices; Domestic and international travel minimal, but as needed.

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