Product Development Associate
7 days ago
Job Summary:
As a Product Development Associate at Fastenal, you will play a key role in assisting the management and development of the overall strategy for selected product categories. This position offers a unique opportunity to work in a fast-paced environment and contribute to the growth and success of the company.
Key Responsibilities:
- Collaborate with internal teams to ensure their needs and strategic objectives are met.
- Assist in the development and introduction of new product lines, leveraging market trends and customer insights.
- Support product enrichment by optimizing product offerings and improving customer experience.
- Facilitate supplier consolidation and strategic sourcing opportunities to drive cost savings and efficiency.
- Help maintain product costing and pricing positions to ensure competitiveness.
- Support product catalog management for specific markets and Fastenal's website.
- Work with internal teams on product cross-references and ensure accurate product information.
- Assist in the induction of new products within Fastenal's Exclusive Brand offering.
Requirements:
- Excellent written and oral communication skills.
- Proficient in using Microsoft Office Suite.
- Highly motivated, self-directed, and customer service-oriented.
- Strong organization, planning, and prioritizing abilities.
- Strong problem-solving, deductive reasoning, and decision-making skills.
- Able to learn and perform multiple tasks in a fast-paced environment.
- Ability to work independently and as part of a team.
- Willingness to travel as needed.
- Demonstrate Fastenal's core values of ambition, innovation, integrity, and teamwork.
- Pass the required drug screen (applicable in the US, Puerto Rico, and Guam ONLY).
Preferred Qualifications:
- Possess or be working towards a degree related to Business, Marketing, or Operations.
- Prior work experience with product association, placement, and supplier negotiations.
- Knowledge and familiarity with industrial products.
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