Assistant Product Manager

Assistant Product Manager

North Wales, Pennsylvania, United States

Position 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 companys 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:

• Bachelors 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.