Description

Forney Industries is one of America’s longest operating family-owned welding and metal working product companies. This company was founded in 1932, and introduced the first publicly available arc welder in the 1940’s. With such a longstanding history, it’s safe to say that Forney Industries has been there for welders and metalworkers since the beginning of the trade. Headquartered in Fort Collins, Colorado, the company now offers more than 5,000 products for the automotive, hardware, farm and ranch, and do it yourself markets. Distributing products to all 50 states, Forney has an extensive customer network, and is committed to providing the highest standard products and customer service possible. 

Forney Industries began with family and continues to exhibit those values 93 years later. Forney offers base salary, potential bonus, and employee benefits including 401K and Profit Sharing, Medical, Dental, Vision, Life Insurance, Flexible Spending Accounts as well as other optional plans. Employee morale is of the utmost importance to Forney, which is why they go above and beyond to continuously improve the work environment. They successfully do so by allowing employees to bring their dogs to work, hosting lunch and learn seminars to boost healthy lifestyles and hosting holiday events such as pumpkin painting and potlucks.

Fort Collins, Colorado couldn’t be a better location for Forney’s headquarters. Mirroring many of the company’s positive attributes, this community is vibrant, friendly and innovative. Home of Colorado State University, the nation’s second-ranked research university among those without a medical school, the town is perfect match for Forney’s intelligent, entrepreneurial and personal nature. Forney knows how fortunate the company is to live in such a wonderful community, therefore their involvement within is exceptional. Actively participating in several community improvement events such as blood drives, Adopt-a-Street and various humanitarian projects, this company continues to show gratitude for Fort Collins.

Pay range: $55,000.00-$58,000.00

Anticipated Date of Application Window Closure: 08/30/2024 (or until filled)

Benefits Package Offered (Subject to Eligibility Requirements)

Paid Vacation, Sick, and Holiday Time

401(K) and Profit Sharing

Medical, Dental, and Vision insurance 

Company Provided Employee Life, Employee AD&D, and Short-Term Disability

Supplemental life Insurance 

Flexible spending Accounts

Pet Insurance 

Summary:

Responsible to the Product Line Manager (PLM) for execution of the day-to-day requirements ensuring the profitability, viability, sustainability and growth of the assigned Product Category. This includes, but is not limited to, conducting market research, defining product specifications, establishing promotional and steady-state product pricing, preparing Product Category and Sub-Category financial and pricing analysis, working effectively on cross-Departmental Teams, ensuring compliance with Company Brand Management, and publishing Company-wide directives. The Product Analyst must be able to effectively communicate and negotiate with current and potential Customers, Suppliers and Manufacturers. Additionally, the Product Analyst must be able to effectively provide Customer Service Level-2 technical support for the assigned Product Category and support the Field Sales Team with product demonstrations and business proposal presentations. Some travel is required.

Requirements

Essential Duties and Responsibilities:

• Responsible for conducting market research on all existing and potential products and programs within the assigned Product Category. This includes determining potential areas of growth, defining product specifications and establishing product pricing to ensure minimum Contribution and Profit Margins are met. 
• Responsible for preparing financial and pricing analysis to monitor, track and predict product performance and to support Product Line Reviews.
• Responsible for providing Level-2 technical support to Customer Service and end-users on the products within the assigned Product Category.
• Responsible for working directly with Sales & Marketing to create in-store and on-line Point-of-Purchase (POP) merchandising and in-house, field and Customer training materials. 
• Must be able to work effectively on cross-Departmental Teams to ensure all aspects of introducing new products and programs are accounted for, and completed, in accordance with established milestones and timelines.
• Must be able to understand the Company’s Brand Management Directives and ensure that all products within the assigned Product Category strictly adhere to the policies.
• Must be able to effectively communicate verbally and via written document. This includes drafting and releasing company-wide directives affecting product introduction, product pricing and other product dispositions.
• Must be able to effectively communicate and negotiate, in conjunction with the SPM and/or Procurement Officer, with current and potential Customers, Suppliers and Manufacturers.
• Must be willing to travel to support the Field Sales Team with product demonstrations and/or presenting business proposals to existing and new Customers. Additionally, must be willing to travel to vet and negotiate with existing and potential Suppliers and Manufacturers. 
• Perform other duties as assigned or required.

Qualification Requirements:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:

• Bachelor’s Degree in Business and/or Marketing with emphasis on Product Development/Management and Pricing/Financial Analysis; or,
• Associates Degree in Business and/or Marketing and two (2) years actual work experience as a Product Line Manager (or similar field); or,
• Four (4) years actual work experience as a Product Manager (or similar field). 

Language Skills:

Ability to read, analyze, and interpret common technical information and journals, financial analysis and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management and public groups.

Mathematical Skills:

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.

Reasoning Ability:

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. 

Other Skills and Abilities:

· Take ownership and see work projects through to completion;

· Must be able to maintain strict confidentiality at all times;

· Significant knowledge of Microsoft Office Suite required;

Physical Demands:

While performing the duties of this job, the employee is frequently required to sit and talk and hear. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision and peripheral vision.

Work Environment:

The work environment is a traditional office setting with recurring need to perform duties in a manufacturing, packaging and production environment and product testing/training laboratory. Some travel required.

Please Note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job. Duties, responsibilities or qualifications may change at any time with or without notice.