Product Management
1 month ago
We are seeking a highly skilled Product Management & Sourcing Manager to join our team at Lawson Products. As a key member of our organization, you will be responsible for identifying market nuances and developing a product offering and sourcing plan to meet country-specific objectives.
Responsibilities- Define and manage the nuances of the Canadian product offering.
- Prepare business plans for product additions and manage the lifecycle of this product offering.
- Develop a sourcing strategy for our Canadian business, balancing cost, delivery, and customer satisfaction.
- Collaborate with key Canadian business leaders and the Product Management and Purchasing teams.
- Refine the product assortment to fit customer needs and company goals.
- Conduct market research and analyze market data to identify opportunities and threats.
- Implement pricing and branding strategies to optimize revenue, margin, and inventory.
- Create and participate in promotional campaigns to increase product awareness and market share.
- Review, maintain, and report on product categories.
- Attend industry conferences, conventions, and trade shows.
- Coordinate product management activities with multiple departments and branch personnel.
- Negotiate with suppliers to ensure optimal product quality, cost, and delivery conditions.
- Work with sales personnel and customers to understand market needs.
- Prepare surveys and confer with management regarding marketing strategy.
- Bachelor's degree in business, supply chain management, or a related field, plus 7 years of multi-functional supply chain, purchasing, and/or product management experience.
- APICS Certified (CPIM) or equivalent required.
- Ability to develop an index-based costing methodology and negotiate with suppliers.
- Strong analytical skills and experience using ERP systems.
- Ability to present findings and recommendations to senior executives.
- Ability to guide and influence all levels of the organization.
- Proven track record of success in similar roles.
- Good business acumen and knowledge of Lean or 6-Sigma process improvement preferred.
- Knowledge of fasteners, cutting tools, abrasives, electrical supplies, fluid power products, and shop-type MRO items is helpful.
- Excellent verbal and written communication skills.
Lawson Products is an Equal Opportunity Employer of women, minorities, protected veterans, and individuals with disabilities.
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