Senior Product Manager

1 week ago


Lake Forest, United States Assa Abloy WC Full time

Primary Duties and Responsibilities

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(60%) - New Product Development (NPI)

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Lead cross-functional team (engineering, sourcing, supply chain, finance, and consumer insights) through multiple on-going product development projects at various stages of development via HHI milestone process.

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Develop and execute strategic and innovative product road.Understand market, channel and/or customer dynamics, product design, trends, and end–user preferences and purchase drivers.

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Identify and develop new business opportunities, product adjacencies, and markets.

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Develop NPI scope documents (preliminary financials, KPI’s, timeline management, etc.)

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Author 3-year portfolio strategic plan.

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Attend global supplier and factory trips (pilot). Overseas travel required.

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Present and interact with senior level internal and external customers.

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(20%) – Talent Development

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Effectively coaches, mentors, and guides cross-functional peers and subordinate team members to achieve business and portfolio goals.Deploys situational leadership to ensure group objectives are met, with an eye towards managing future direct reports.

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Actively participates in Performance Management, Individual Development Plan creation and Goal Planning as part of preparing for advancement and leadership within the organization.

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(10%) - Portfolio Maintenance

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Accountable for overall portfolio performance deliverables.

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Achieve new product introduction vitality and hurdle rate metrics.

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Responsible for portfolio performance: sales & gross margin, pricing, P&L, asset management, etc.

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Support brand guidelines to ensure consistency, with specific influence on packaging, product images, merchandising, and collateral related to assigned projects.

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Facilitate product related materials for customer product collaboration, line reviews, and business reviews.Includes but not limited to product renderings, samples, associated market and trend details, mood boards, etc.

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Work with quality and brand to support installation workshops, videos, market research and related initiatives.

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Own product life cycle.

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(10%) – Business Processes

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Contribute to HHI financial and business initiatives through established rhythms and assigned projects. Examples include sales and operations planning to improve forecast accuracy or inventory initiatives tied to working capital.

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Support the management of the on-line databases to ensure proper content. (internal as well as customer websites)

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Manage product documentation process including mix management, product life cycle.Generate reports, tools as required.

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Manage special projects as assigned.

Education and Experience Profile

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Bachelor’s degree is required from an accredited college or university, preferably in Marketing, Business, or a related field.MBA/MS preferred.

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Minimum 7+ years in Product Development, Marketing, Channel Management, and/or Sales with a history of escalating responsibility and track record of results.

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Ideal Candidates will have fashion plumbing category experience within the retail Home Center segment.

Required Core Competencies

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Ensures Accountability

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Develops Talent

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Financial Acumen

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Decision Quality

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Directs Work

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Builds Effective Teams

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Manages Complexity

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Action Orientated

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Collaborates

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Customer Focus

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Communicates Effectively

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Instills Trust

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Demonstrates Self-Awareness

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Drives Results

Required Technical Skills

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Advanced in Microsoft Office Skills

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Advanced Presentation Skills

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Good Project Management Skills

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Advanced Profit & Loss / Budget knowledge

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Advanced industry knowledge

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Advanced Category Management knowledge

Work Environment

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Hybrid

working conditions are normal for 50% remote & 50% office environment.

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Able to travel domestically and internationally, as needed – 20%.

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Deploy winning passion that delivers what it takes to get the job done.

Pay Range: $150,000 to $160,000.

This “base salary range” is a reasonable estimate for this position at the time of posting. Pay within each range is based on a variety of factors including, but not limited to, to primary work job-related knowledge, skills, experience, business requirements and geographic location. ASSA ABLOY conducts regular review of compensation ranges and therefore reserves the right to alter this range at any given time.

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this job/classification.It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

ASSA ABLOY is an Equal Employment Opportunity/Affirmative Action employer.

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