Product Management Manager

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Drive profitable growth within designated product lines by implementing comprehensive strategies encompassing Product, Price, Place, and Promotion.

• Analyze and refine SKU mix, streamline underperforming items, and oversee the management of slow-moving or obsolete inventory.

• Identify gaps in the portfolio and propose new product opportunities.

• Monitor sales performance and initiate corrective measures as needed.

• Lead and assist in initiatives aimed at cost reduction.

• Collaborate with Supply Chain and Manufacturing to establish product specifications, pricing metrics, and procurement strategies.

• Ensure the accuracy and consistency of product data across various systems.

• Develop and sustain product roadmaps aiming for a vitality index of over 10%.

• Work closely with Product Development and Project Management during product launches.

• Support Sales teams in achieving market adoption and product success.

• Track competitive pricing and market trends while executing necessary pricing adjustments.

• Conduct pricing experiments to assess demand elasticity and enhance profit margins.

• Define target sales channels, pack sizes, packaging, and labeling requirements.

• Collaborate with distributors on merchandising strategies.

• Partner with e-commerce teams to improve product content.

• Work alongside Marketing in the creation of promotional assets and advertising strategies.

• Build and manage promotional calendars in conjunction with Marketing, Sales, and Supply Chain.

• Develop promotional pricing strategies and materials for distributor meetings, buying group shows, and trade events.

• Report directly to the VP of Product Management.

⛳️ Requirements

• Bachelor’s degree in a business-related field is required.

• A Master's degree is preferred.

• At least 5 years of experience in Product Management and Price Management is required.

• B2B Sales experience is required.

• Demonstrated leadership, communication, and analytical skills.

• Strong abilities in cross-functional collaboration and strategic planning.

• Must meet U.S. employment authorization verification through E-Verify.

🏝️ Benefits

• Overnight travel may be required up to twice per month for client meetings and as necessary for tradeshows and business-related events.

• An inclusive work environment with a diverse workforce.

• Equal employment opportunity protections.

• The employer participates in E-Verify.