What are the responsibilities and job description for the Product Manager position at Fastenal?
Job Description
Product Manager
4730 N Service Dr, Winona, MN 55987
HEADP
Full-time Shift(s) : MON TUE WED THU FRI 7 : 00am - 5 : 00pm
OVERVIEW :
Working as Full-time Product Manager, you will be responsible for developing best-in-class product plans, identifying gaps within our product categories, and introducing products into our systems. This role is integral to improving product cost and pricing positions within the respective markets and maintaining our public product catalog offering. This position may offer a flexible schedule after a period of onboarding, training, and meeting performance goals.
RESPONSIBILITIES :
The duties and responsibilities of this position include, but are not limited to :
o Developing best-in-class product plans to support various market verticals, ensuring our offerings are competitive and meet customer needs
o Identifying gaps within our product categories and developing strategies to fill these gaps
o Introducing products into our systems, streamlining the process of product addition and management
o Improving product cost and pricing positions within the respective markets
o Maintaining our public product catalog offering, as well as tailoring to market-specific catalogs
o Establishing a product rationalization strategy to support growth drivers and key initiatives, ensuring our product portfolio is optimized for profitability and growth
o Identifying opportunities for Fastenal exclusive brand development, working to expand our own brand offerings
o Working with Supply Chain and Operations to build out inventory expansion opportunities
REQUIRED POSITION QUALIFICATIONS :
The following skills and qualifications are required for this position :
o Possess or are working towards a degree related to Business, Marketing or Operations OR have industry related work experience
o Excellent written and oral communication skills
o Proficient using Microsoft Office Suite
o Highly motivated, self directed and customer service oriented
o Demonstrate strong organization, planning and prioritizing abilities
o Exhibit strong problem solving, deductive reasoning and decision making skills
o Learn and perform multiple tasks in a fast paced environment
o Work independently as well as in a team environment
o Demonstrate our core values of ambition, innovation, integrity and teamwork
o Pass the required drug screen (applicable in the US, Puerto Rico and Guam ONLY)
PREFERRED POSITION QUALIFICATIONS :
o Prior work experience with product association, placement, and supplier negotiations
o Knowledge and familiarity with industrial products
ABOUT US :
Since 1967 Fastenal has grown as a distributor of industrial and construction supplies from a single branch to a Fortune 500 company with over 3,000 servicing locations, each providing tailored local inventory and personal service for our customers. As we've expanded across the world, we've retained a core belief in people and their ability to accomplish remarkable things - if given the opportunity. From this philosophy stems an entrepreneurial culture that challenges every employee to run their own business, create their own success, and advance to become company leaders.
As a growth company with a solid financial position, we are committed to training, promoting from within, and creating opportunities for our employees. If you have an entrepreneurial spirit and are looking to make your mark as part of an elite growth company, you won't find a better fit than Fastenal.
FULL-TIME BENEFITS :
Fastenal offers a competitive benefits package to all full-time employees. This package includes Health, Life, Long Term Disability, and Dental Insurance, in addition to, paid vacation, sick leave, holidays, and 401(k) with an employer contribution.
COMPENSATION :
The base pay range for this position is $45,000 - 70,000. In addition to base pay, this position is also eligible for a bonus and / or commission.
Salary : $45,000 - $70,000
