Product Manager
Indiana Packers Corporation · Delphi, IN · 2 wk ago
MarketingFull-time
Responsibilities
- Meeting product group profitability objectives for fiscal year based on specified budget.
- Objectives revolving around but not limited to; pricing, inventory, and product group assortment strategies.
- Managing pricing activities (daily/weekly/seasonal/ etc.) to maximize profit potential within product group.
- Pricing responsibilities are specific to the assigned product group and will be coordinated with the Director of Product Management and/or other leaders within the commercial leadership team.
- Inventory management within respective categories. Including the preparation and execution of any relevant seasonal needs, addressing distressed inventory with sales, fresh vs. frozen coordination as required, etc.
- Providing direction to respective planning team(s) as needed.
- Creating, organizing and overseeing general strategies amongst production areas that utilize raw materials within categories being managed. Meaning, boneless production vs bone-in, fresh vs, processed, etc.
- Working in conjunction with FP&A and Operations to create, maintain, and manage B/E models for respective categories. Using those to guide inventory and sales strategies within product group.
- Communicating product specifications, inventory levels, pricing, costing and lead time requirements to the Sales team.
- Negotiating, reviewing and approving pricing and trade agreements in conjunction with Director level.
- Significant role in annualized RFPs and determining assortment growth within respective categories.
- Responsible for development and maintenance of processes and workflows with other functional areas and departments in respect to their category. Mainly but not limited to FP&A, Operations and Quality Assurance.
- Coordinating and attending product reviews to compare the execution of the written specs and gain insight into what drives variances and yields to standards.
- Maintaining awareness of supply-demand imbalances and service level challenges.
- Providing leadership and guidance to other areas of the business, including FPS, operations, and sales.
- Maintaining a level of relationship with key customer(s) within product group. Ensuring a level of connection with sales and general industry tone.
Qualifications
- Bachelor's degree in Business, Marketing, Food Science, or related field required; MBA preferred.
- 5+ years of experience in category management, product management, brand management, or food manufacturing.
- Experience in protein (bacon), meat processing, or CPG industry strongly preferred.
- Strong analytical skills with experience using syndicated data (IRI, Nielsen, Circana, etc.).
- Demonstrated P&L management experience.
- SAP experience, preferred.
- May travel up to 30% of the time.
- Proven ability to lead cross-functional teams.
- Strong communication and presentation skills.