Product Line Strategist

2 days ago

Seattle, Washington, United States Misumi USA Full time

Misumi USA, a leading global supplier and manufacturer of factory automation components, is seeking an experienced Product Line Strategist to join our team at our Schaumburg, Illinois headquarters.

Job Description

The Product Line Strategist will be responsible for developing and executing product category strategies and tactics, including market and business analysis, product and supplier development, pricing, stocking, sales, costs, marketing initiatives, service improvements, product merchandising, and customer support.

About the Role

  • Product Management: Category ownership of the product line plan: new product/supplier selection, procurement, pricing, launch, promotion including merchandising on web catalog, and sustaining maintenance of the product line.
  • Customer Support: Provide product expertise and assistance to internal and external customers related to performance, function, pricing, packaging, merchandising, and value.
  • Financial Analysis: Analyze and report on key financial metrics and develop product, pricing, and promotion strategies for the category.
  • Supplier Management: Onboard and collaborate with suppliers and ensure optimal performance standards of products.
  • Research: Conduct primary qualitative & quantitative end-user research in partnership with sales, engineering, and product management team members.
  • Project Management: Facilitate the development of detailed scopes for individual projects, action plans for implementation, and communication with other departments to ensure timely completion.

Requirements

  • Japanese language fluency to effectively interact with our global HQ and suppliers in Japan.
  • 2+ years of project and product management experience with manufacturing/tangible products – ideally at the component level and with a very large number of SKUs.
  • Experience with product life-cycle management including defining the target market, identifying market needs, developing/onboarding products, managing delivery, promotion and end-of-life for unprofitable products.
  • Strong business acumen, highly motivated to achieve results and learn new things.
  • Ability to handle multiple tasks and projects simultaneously.
  • Experience working with multiple stakeholders.
  • Strong skills in communication, conflict management, decision-making, and data analysis.
  • Ability to travel up to 10%.

Preferred Qualifications

  • Bachelor's degree in mechanical, robotics, automation, electrical, or industrial engineering, business, or economics; an MBA is a big plus.
  • Knowledge of Fastener and Measuring Tool/Hand tool product category.
  • Knowledge of web page development and digital marketing.
  • Knowledge of merchandising methodologies.
  • Track record of growth results in managing a product portfolio including cost savings, sales growth, time saving/improving efficiencies, taking initiatives to make changes and create impact.
  • Leadership experience including leading a cross functional/international project.
  • Experience in an international environment.

What We Can Offer You

Misumi USA offers competitive compensation with an estimated salary range of $80,000 - $110,000 per year, depending on experience. We provide opportunities for growth and innovation in our team-oriented company culture, outstanding benefits and retirement plans, and training and mentoring programs to support your success.

About Misumi USA

Misumi USA is the most comprehensive and user-friendly resource for factory automation components, with a vast selection of 80 sextillion standard and customized parts. Our commitment to empowering customers to do incredible design work incredibly fast drives our business forward. We are committed to our employees and strive to create a positive work environment that fosters growth and innovation.

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