Associate Product Manager
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Key skills for this role
About the Role
Manage Small Domestic Appliances product portfolio, ensuring compliance and market competitiveness while driving marketing strategies and fostering partner relationships.
Key Skills for This Role
Full Job Posting
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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