Assistant Product Manager

Job Purpose 

• To lead the sales and marketing process and strategy for the locally purchased products. 
• To optimize revenue generation for the specific product line to meet business objectives.  

Job Responsibility and Accountability 

• Develop a strategy for the assigned product portfolio. 
• Ensure product portfolio is relevant to the market based on local trends. 
• Ensure time-based strategy for any EOL models. 
• Maintain and update rolling forecasts for all products in line with sales & inventory levels. 
• Develop and maintain strong relations with suppliers to derive maximum value 
• Ensure proper contracts and SLAs are maintained with all suppliers 
• Negotiate with suppliers for specifications, MOQs, prices, terms and promotions. 
• Ensure suppliers have a robust quality control policy for the sourced products 
• Resolve any quality issues with suppliers to get timely support and rectification. 
• Ensure competitive pricing based on market intelligence and product strategy. 
• Ensure timely shipments in the most cost-effective mode. 
• Maintain inventory levels to avoid overstocking or stockouts. 
• Track market information on competitor products, pricing and trends 
• Have full product knowledge and impart the same to sales team. 
• Execute timely promotions as per annual marketing plan, based on supplier discussions and channel requirements. 

Requirements  

• Prepare annual purchase budgets based on strategic goals. 
• Create and update training materials. 
• Assist in conducting regular product trainings. 
• Assist with market survey reports. 
• Advice the sales team on stock situations as and when required. 
• Assist in development of sales promotions and other portfolio related marketing activities 
• Resolve any service issues from dealers. 
• Ensure correct pricing and descriptions of the products in the category. 
• Ensure website listing of products is active and accurate. 

Qualification 

• Minimum qualification of a degree in business or any other relevant field. 

Experience 

• Previous experience in commercial, procurement or sales. Preferably in similar industry. 
• Extensive knowledge of the channel management, forecasting and strategic planning. 
• Extensive knowledge of the retail market sector and consumer electronic products. 
• Understanding of market trends and mapping. 
• Extensive financial & supply chain knowledge. 
• Knowledge of preparation of budgets 
• Track record of effective strategy execution. 
• Track record negotiating with suppliers 

 Key Skills: 

• Planning and forecasting skills. 
• Problem solving skills. 
• Ability to prioritize and timely execution 
• Report writing and presentation skills. 
• Budget management skills. 
• Market mapping – trends, segmenting and tracking 
• Ability to understand product and train 
• Identifying and sourcing products based on market trends and requirements