Assistant Product Manager

Assistant Product ManagerNorth Wales, Pennsylvania, United StatesPosition Responsibilities:Manage the product lifecycle of product lines, all aspects of development from initial concept to final production.Translate brand elements into plans and go-to-market strategies.Proactive verbal and written communication with overseas vendors to ensure correct product positioning.Analyze the market, identify opportunities, and establish brand positioning.Develop, lead, and execute purchasing strategies with vendors around the world.Source and manage vendors with new product development, samples, production, quality control & assurance, etc., responsible for the initial PO planning of new products.Craft negotiation strategies on new product price, COG targets and schedule for a full turnkey production and request quotation based on forecasting and MOQ.Initiate price strategy which includes (RC,MSRP), promotion, based on product positioning strategy.P&L analysis which involves a review of sales, cost, profit projection, re-order planning rate for a new product to ensure the company’s objectives are met.R&D product concept to finalize the product development, packaging & display, managing timelines on production production, testing, and launching date.Conduct proactive internal and external product testing to ensure product quality, develop direction and restructuring product claims.Align the company around the brands direction, choices, and tactics.Track and report key functional metrics to reduce expense and improve effectiveness.Be an evangelist for the product lines and work with internal and external customers including Sales, Marketing, and Customer Support, and key customers.Plan and coordinate new product release with Sales and Marketing; work with Marketing Department to communicate the go-to-market strategy, the product positioning, key benefits, and target customer.Position Requirements:Bachelor’s Degree from US.Korean Bilingual preferred.Strong communication skills in both oral and written form.Can work in a team environment and yet function independently with a minimum of direction.Have ability to understand and communicate with all areas of the company.