Product Manager

Prysmian Group

  • Highland Heights, KY
  • Permanent
  • Full-time
  • 1 month ago
  • Apply easily
Prysmian is the world leader in the energy and telecom cable systems industry. Each year Prysmian manufacturers thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium low voltage cables for the construction and infrastructure sectors. We also produce a comprehensive range of optical fibers, copper cables and connectivity for voice, video, and data transmission for the telecommunication sector.We are almost 29,000 employees, across 52 countries. Everyone at Prysmian has the potential to make their mark; because whatever you do, wherever you are based, you will be part of a company that is helping transform the world around us.Position Summary & ScopeThe Product Manager is responsible for monitoring the performance of the assigned product lines, taking action to achieve the sales, operating profit and finished goods inventory plan and recommending alternative tactics to improve financials.Reporting to the Senior Manager, the Product Manager is accountable for daily and strategic management of pricing and inventory and synchronizing pricing within the quotation and ERP system, contractual agreements, and projects. The Product Manager primarily works cross-functionally with inside sales, other business team members, engineering, outside sales, supply chain and operations.Responsibilities:
  • Coordinates quotation activity for the applicable product categories
  • Implements pricing strategies consistent with overall business strategies
  • Creates and maintains competitive pricing database and reports as necessary to understand market environment and competitive position
  • Assists the Inside Sales team in the coordination of cost/engineering/manufacturing information required for quotations
  • Reviews and analyzes product cost, pricing and product mix for daily quotation activity
  • Reviews and updates quotation terms and conditions for coordination with the formal quotation process
  • Responsible for major bids contractual pricing
  • Perform customer/product profitability analysis, operating as a key contributor towards maximizing profitability of the business
  • Participate in critical customer SRM meetings and customer scorecard reviews as needed
  • Review/approval responsibility for customer complaint system (CCP) and create reports for analyzing customer complaint trends and identification of potential improvement projects
  • Review monthly service metrics with Supply Chain to ensure customer expectations are met
  • Review of inventory levels, recommend appropriate adjustments
  • Manage the quality of inventory in conjunction with Sales and Supply Chain with responsibility to manage the surplus, slow moving and obsolete inventory system
  • Responsible for monthly MPG (major product groups) specific forecast of metal pounds, revenue, and CM%
  • Monitor performance metrics including but not limited forecast, service, and operating profit, recommending gap closure plans when necessary
  • Provide technical and commercial support to sales regions
  • Execute on Lean Green Belt improvement projects
  • Coordinate new product development with Engineering and coordinate product sunset with Engineering & Sales
  • P&L and Strategic Plan management
Travel
  • Potential trips to customer locations, manufacturing sites, and trade shows (20%), company travel policy permitting
Qualifications
  • Bachelor’s degree with a preference in Marketing, Business Administration, Supply Chain or Finance
  • 3-5 years’ experience in a combination of product management, sales, or supply chain

Betterteam