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Home Furnishings Product Specialist

2 months ago

Dayton, New Jersey, United States Lifestyle Home div of Golden Tadco International Corp. Full time
Job Description

We are seeking a highly motivated and detail-oriented Product Development Associate to join our team at Lifestyle Home, a division of Golden Tadco International Corporation.

Job Summary

The Product Development Associate will play a key role in driving the product development process by working closely with our cross-functional team, including sales, product development, and design. The successful candidate will be responsible for managing the flow of communication, costing, and sampling with overseas factories and agents to build an assortment that meets the needs of our retail accounts.

Key Responsibilities

  • Work with cross-functional team to define target markets, price points, and product formats for new product initiatives
  • Collaborate with cross-functional team to ensure new product innovations are compatible with and capitalize on manufacturing capabilities and strengths
  • Assist in the creation of marketing and presentation materials for workshops and line reviews
  • Manage daily communication with overseas factories and agents regarding design and development of new programs
  • Utilize PowerPoint or InDesign as visual tools to communicate key specifications or design attributes with overseas engineering and production teams
  • Follow up and monitor all issues relating to sampling, sample revisions, costs, and negotiations during the line review process
  • Negotiate to meet cost and margin targets without compromising production quality or aesthetics
  • Analyze factory costs and propose selling prices to product and sales teams by evaluating historical data and market research information compiled in Excel
  • Assist sales teams with quote creation and submission across various retail platforms
  • Collaborate with Production | Sourcing Manager to monitor and review all prototypes and final samples to ensure faithful execution to spec
  • Communicate product and testing requirements and resolve project roadblocks

Requirements

  • 2-3 years of experience in sourcing or product development roles in a consumer goods environment, preferably in home décor, gift, or housewares categories
  • Familiarity with product costing and pricing structures in an import, wholesale, and/or retail environment
  • Ability to quickly develop an extensive understanding of new product types, markets, and manufacturing technologies
  • Ability to drive projects forward in a collaborative environment, including working with cross-functional teams and colleagues from diverse cultural backgrounds
  • Experience working directly with overseas manufacturers
  • High level of technical aptitude, including previous experience using remote collaboration tools and ability to learn new technologies quickly
  • Must be skilled in Microsoft Office
  • Some travel to trade shows, customer meetings, and manufacturing sites as career progresses
  • Must be vaccinated for COVID-19

Benefits

  • Benefits include medical insurance and flexible spending account
  • 401(k) retirement plan (after one year)