What are the responsibilities and job description for the Product Manager position at Arteriors Home?
Overview:
Responsibilities:
The Product Manager is responsible for the profitable growth and optimization of assigned product categories. They will have primary responsibility for introducing new products into the marketplace and managing products through their entire life cycle to achieve key business objectives.
Responsibilities:
- Develop and maintain a comprehensive 24-month new product schedule based on market analysis and customer understanding
- Incorporate customer needs, price positioning, competitive benchmarking, sales and profit goals, product design trends and sourcing capabilities required to meet current and projected product objectives.
- Collaborate with design and product development teams to ensure that product development goals for design, costs and timeline objectives are met.
- Understand and optimize the different needs of each distribution channel
- Coordinate new product availability with market launch.
- Develop pricing strategies to maximize profitability while maintaining competitive positioning.
- Ensure product lines are managed strategically throughout the product lifecycle, maximizing SKU productivity while achieving sales and margin goals.
- Monitor and analyze sales data and trends to identify opportunities for growth, optimization and phase-out
- Produce and maintain sales forecasts
- Own product buying decisions and manage Open-to-Buy to achieve product mix, sales, inventory levels and margin objectives.
- Assist in developing and presenting product training programs.
- 6 years of experience in Merchandising or Product Management
- Results oriented and self-motivated with a strong sense of urgency
- Strong time management abilities, including planning and prioritizing workloads
- Effective strategic planning, both for the short-term and long-term
- Thorough understanding of merchandising trends and industry best practices
- Exceptional ability to analyze data, recognize and quantify trends
- Creative and innovative thinking
- A proven track record of achieving excellent results with merchandising strategies and promotional activity
- Product knowledge, understands advantages and disadvantages of each product
- Ability to run and manage the open to buy and have a thorough knowledge of inventory/open to buy
- Excellent interpersonal skills, Strong verbal and written communications skills
- Ability to multi-task, collaborate and lead cross-functional teams
- Advanced proficiency in MS Word, Excel, Outlook, and PowerPoint
- You thrive in a fast paced, entrepreneurial environment and are a self-motivated, confident, energetic and creative individual
- Competitive Salary and Compensation Package: We offer a competitive salary and benefits package to ensure our employees feel valued and fairly compensated for their contributions. This includes conducting yearly salary surveys to ensure fair pay and provide yearly merit increase and bonus opportunities.
- Comprehensive Health Insurance: Our health insurance (including medical, dental, vision, life insurance and disability) are effective the first day of the month following your hire date.
- Generous Paid Time Off: We believe in the importance of taking time off to rest and recharge which is why we offer an unlimited paid time off program. Additionally, Arteriors provides Paid Family Leave coverage for those who are expanding their families.
- Professional Development Opportunities: We invest in our employees' growth and development and provide opportunities for learning and career advancement through training programs, leadership consulting, and mentorship opportunities.
- 401(k) Retirement Savings Plan: We help our employees plan for the future by offering a 401(k) retirement savings plan with employer matching contributions. Additionally, as a part of our plan we offer access to a Wellness Consultant who can help you maximize your savings and plan for your future.
- Wellness Programs: We prioritize the health and wellness of our employees which is why we offer a complimentary subscription to Calm and access to employee assistance programs.
- Employee Discounts and Perks: Our employees enjoy generous discounts on company product.
- Community Engagement and Volunteer Opportunities: Through volunteer programs and charitable initiatives, our employees have the opportunity to make a positive impact outside of the workplace. We provide 8 hours per year that employees can use towards engaging in activities that ensure they give back to their community in a way that feels meaningful.
- Diverse and Inclusive Culture: We foster a diverse and inclusive work environment where all employees feel welcome, valued, and respected. We celebrate diversity and strive to create a culture of belonging.
By offering these benefits, we aim to attract top talent and create a supportive and rewarding work environment for our employees.
