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Manager, Product Management Jobs
Company | Samsung Electronics |
Address | Mississauga, Ontario, Canada |
Employment type | FULL_TIME |
Salary | |
Category | Computers and Electronics Manufacturing |
Expires | 2023-07-17 |
Posted at | 10 months ago |
Position Summary
- Group RRSP plan that helps you save for the future
- Competitive Salary and Performance based incentive plan for all levels
- Tuition Reimbursement to keep you learning/Access of Samsung U for 24/7 online learning
- Employer paid Medical and Dental coverage from day one
- Pet insurance-to ensure the well-being and health of your beloved furry companions!
- Subsidized Cafeteria; including free Starbucks coffee/latte machine
- Fantastic employee discount on all Samsung products
- Hybrid Working Environment
- Employee Referral program- we want great talent like you!
- Free on-site gym to get your sweat on
- Utilize profit simulation models (including impact from a trade spend/sales deductions and COGS) to evaluate specific customer opportunities and provide rationale for proposed decisions to Sr. Manager, Product Management for review
- In support of the overall category product direction, this role will be required to work with the internal support groups to assure all executional deliverables for market promotions are completed as required.
- On an ongoing basis meet with SECA sales team to review dealer feedback on line up and market intelligence that may impact the category plans. It is required to review current promotional plans and distributional strategy to adjust where required to achieve category objectives.
- Complete ad hoc analysis, reporting and special projects as required
- As part of the Category Product Management Team, this role will prepare a summary of category plans and present financial expectations as well as sell through expectations of quarterly promotional plans to Division VP and Business Manager for sign off
- Present promotional plans and product strategies to internal sales teams on an ongoing basis including Quarterly Business Reviews and key account meetings throughout the year
- Align with Sr. Manager, Product Management on pricing lifecycle from new model product launch to end of life transition including monthly price list maintenance, interim price moves, and special pricing for specific opportunities.
- Prepare industry forecast of overall market size, segment trend analysis and preliminary market share expectations based on total available market (TAM) to ensure divisional strategic KPI objectives are met.
- Required to analyze weekly PSI for all strategic accounts and assure that right level of inventory is in channel to mitigate any risk for aging Inventory
- Lead the communication to GBM regarding product / model setup of models in the system including financial items like COGS, consolidated profit, etc.
- Drive collaboration and ideation with the sales team throughout the product lifecycle from SKU line-up assortment, launches, and in conjunction with Channel Manager on channel distribution, and transition / EOL management
- Weekly communication of business plans to the sales team is required to provide context and clarity of category product direction for execution in market
- Work closely with Sr. Manager, Product Management and AP2 planner to ensure the right quantity of product is received from the factory at the right time to achieve financial plans and weekly sales targets.
- Ensure products are positioned correctly in the market to achieve category strategic objectives via market sensing and competitive landscape analysis. In addition, communicate any potential gaps and make recommendations to adjust product positioning and plans accordingly.
- Prepare initial category budget forecasting for unit and revenue sales forecast including profit simulation & market share expectations. Collaborate with internal product management team to assure sales growth and positive profit for product category.
- Monitoring of key accounts with a primary focus on Sell Out/Weeks of Supply to gauge how the short and mid-term objectives are progressing and provide corrective action plans to capitalize on opportunities and mitigate challenges
- Communicate and present category product plans with sales team during internal events (NSM, QBR) and dealers during external events (Dealer show, Strategic Partner Meetings, QBR).
- This role will be responsible for internal communication to GBM regarding Canadian market conditions including competitive activity (opportunities and threats) and overall product planning status.
- Establish short and mid-term objectives to capitalize on market trends and assure appropriate sales by key accounts to achieve divisional unit and revenue targets (with a particular focus on dealer / channel sell thru). In addition, provide clarity to the business rationale, and product strategies to support business growth.
- Ensure financial commitments are communicated within the category product management team to be reflected in budgets and financial projections
- Accountable for the profit and loss of the product line-up from forecasting, simulation, monitoring of targets vs. actual and reporting for financial stability (coordination with Finance and Sales Administration).
- 5 or more years working in a Product Manager role preferred
- Bachelors Degree or equivalent work experience preferred
- Strong analytical skills
- Ability to productively interact with distribution, retail and reseller business partners
- Strong proficiency in Excel, Word, PowerPoint and other MS Office applications.
- Consumer Electronics background is a definite asset
- Ability to work in a fast paced environment is a must
- Must have a proven track record on results
- The ability to plan, organize and implement marketing projects and programs
- Ability to manage budgets and determine ROI
- The ability to negotiate with both vendors and customers on marketing proposals and plans
- The ability to develop tasks, work assignments, to clearly define objectives and give technical sales and marketing on a day-to-day level
- Ability to assist in long and mid-term business planning
- The ability to disseminate market information and provide the best strategic business plan
- Show a sense of urgency
- Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here.
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