Key Areas of Responsibility
- Determines customers' needs and desires by specifying the research needed to obtain market information.
- Recommends the nature and scope of present and future product lines by reviewing product specifications and requirements, appraising new product ideas, and/or product or packaging changes.
- Identifying suppliers, both Domestic and International, negotiates the right buying price and other conditions to be competitive in the market.
- Assesses market competition by comparing the company's product to competitors' products.
- Provides source data for product line communications by defining product marketing communication objectives.
- Obtains product market share by working with the sales director to develop product sales strategies.
- Assesses product market data by calling on customers with field salespeople and evaluating sales call results.
- Provides information for management by preparing short-term and long-term product sales forecasts and special reports and analyses, answering questions and requests.
- Facilitates inventory turnover and product availability by reviewing and adjusting inventory levels and production schedules.
- Brings new products to market by analysing proposed product requirements and product development programs; preparing return-on-investment analyses; and establishing time schedules with engineering and manufacturing.
- Determines product pricing by utilizing market research data, reviewing production and sales costs, anticipating volume, and costing special and customized orders.
- Completes operational requirements by scheduling and assigning employees, following up on work results.
- Contributes to team effort by accomplishing related results as needed.
Experience
8 to 10 years in Building Material | Laminate Industry (Preferred)
Competencies
- Ability to create and develop product strategies and plans.
- Ability to develop marketing programs in collaboration with sales.
- Skills to analyse data from multiple viewpoints, including market data, competitive offerings, and other information sources.
- Effective communication skills. You must regularly communicate with people from other areas of the company – Sales, Marcom, Plant, SCM, and Finance. These communications are the basis for product strategies.
- Tough Negotiator who can bring to the table a solution that not only meets the organization's objective but is also mutually beneficial.
- Ability to build strong working relationships across all levels of the organization.
- Strong presentation, customer service, and business management skills.
- Ability to distinguish product placement within the competitive arena.
- Fast learning. You should be able to adapt easily to meet the rapidly evolving environment.
- Prioritizing features, building consensus, and coordinating product schedules.
- Skills to manage product release-related activities, including testing, preparing documentation, demos, product launches, etc.
- Ability to measure sales and set goals.
- Develop and manage pricing strategies for different categories – one of the crucial product manager skills.
- Strong problem-solving skills.
- Innovation – the ability to create and develop new ideas.
- Ability to understand customers’ needs to provide a competitive advantage.
Job Type: Full-time
Pay: ₹500,000.00 - ₹1,600,000.00 per year
Schedule:
Work Location: In person