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naukri

Associate Product Manager

Client of NADIA Global
, UAE
5-10 years
1 weeks ago
Product StrategyRoadmap PlanningMarket ResearchUser Story MappingAgile MethodologiesJira
Free

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Key skills for this role

Product StrategyRoadmap PlanningMarket Research
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Overview

Responsible in managing and following the guidelines for the (Small Domestic Appliances) product portfolio to ensure market competitiveness, compliance, and sustained growth.

The position holder oversees smaller accounts and drives initial collaborations in the market, executes dynamic marketing strategies and leverages market opportunities.

In addition, the position holder contributes to market expansion and contributes to the organization s long term vision and objectives.

A. Strategic and Managerial Responsibilities

Strategic and Planning

Implement the Products functional strategy in line with business vision, mission, and corporate objectives

Ensure that the overall business strategy is translated into annual Products operational business plans and the performance is monitored to ensure business plans are in line with the overall strategy

Policy, Procedures, Process and Systems

Implement Products functional policy, systems, processes, procedures, and controls covering all Products functional areas in line with policies to ensure fulfilment of all relevant procedural/legislative requirements while delivering quality and cost-effective service in a consistent manner

Compliance

Manage Products compliance frameworks and programs within the Products department, ensuring alignment with local and international laws, regulations, and industry standards

Establish reporting mechanisms to proactively monitor and report on risk and compliance issues within the Products department and collaborate with senior leadership to escalate critical matters for timely resolution, while also offering recommendations for mitigation

B.

Product Management

Manage the Small Home Appliances product portfolio within designated geographical territories

Manage product lifecycle procurement from NPI through end-of-life

Oversee product launch, pricing, positioning and market strategies

Monitor product performance and market feedback

Serve as the critical liaison between suppliers, factories, and market

Conduct in-depth analysis of market trends and pricing dynamics to uphold competitiveness and bolster profitability

Ensure that all products and marketing efforts comply with relevant industry regulations and standards

Collaborate closely with the Sales and Marketing teams to provide them with the necessary product knowledge, tools, and materials for effective selling and marketing campaigns

Product Procurement

Manage the sourcing and selection of reliable suppliers for Small Domestic Appliances product

Negotiate pricing, payment terms and other legal requirements

Ensure procurement aligns with quality standards and compliance

Partner Management

Work closely with partners to understand their needs and assist them in gaining a better share in the market

Develop and maintain strong relationships with partners to ensure effective collaboration and communication

Provide guidance and support to partners on product positioning, pricing, and marketing strategies

Budget Management

Monitor and report on budget performance to ensure alignment with business objectives

Identify opportunities for cost savings and resource optimization

Actively support and prepare budget plans with HQ and factories

Market Expansion

Explore opportunities for expanding product presence into new markets and develop entry strategies

Present product strategies, performance updates, and future plans to the senior manager

Ensure compliance to the company's long-term strategic vision, ensuring alignment with product and marketing strategies

Identify potential risks and market challenges that may impact product performance and devise contingency plans to mitigate them

Customer Relationship Management

Develop and conduct product-focused training programs for the sales force to enhance their product expertise

Collaborate closely with the sales team to provide them with the necessary product knowledge, tools, and materials for effective selling

Culture

Promote a culture of innovation and continuous improvement

Create and foster a collaborative work environment within the Products team

Coaching and Mentoring

Continuously invest in personal growth, skills enhancement, and knowledge acquisition to stay up to date

Foster a collaborative and knowledge-sharing environment within the team, encouraging continuous learning and improvement

Communication/Collaboration

Facilitate effective communication within the Products team and with other departments

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