VP - Product Development
VP - Product Development
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Salary Not Disclosed
1 Vacancy
Job Description
JOB SUMMARY:
The Vice President of Product Development is responsible for leading product strategy design and initial sourcing. By leveraging trends consumer and competitive data the Vice President will lead the development of products that drive increased sales and margin. This individual will lead a small team of product development and design experts and work cross-functionally to shape and execute ATCs product strategy. The Vice President plays a critical part in building a strong innovation pipeline and ensuring that new products align with business goals support brand positioning and meet customer expectations.
PRIMARY RESPONSIBILITIES:
Team Leadership
Recruits mentors and develops a high-performing product development team and sets clear goals and expectations aligned to company objectives.
Fosters a culture of innovation and continuous improvement and encourages the team to explore new technologies and streamline development processes.
Drives the Digital Transformation program in Product Development by utilizing Centric PLM integrated with Salesforce CRM and Bynder DAM.
Vision and Pipeline
Studies fiber and fabric trends to define a clear vision and innovation pipeline for each product category in collaboration with Marketing and Merchandising.
Partners with internal and external teams to bring the pipeline to marketthrough product design prototyping and manufacturability.
Collaborates with commercial teams to introduce new collections at Spring and Fall Home Textiles Market.
Communicates product plans progress and results to executives and stakeholders and builds confidence in the product pipeline.
Product Design and Development
Conducts competitive analysis and models market opportunities.
Leads the Product Development team in creating new products and enhancements.
Oversees value engineering and drives cost reduction through technical change initiatives that increase sales and margins.
Guides the creation of detailed Product Specifications in Centric PLM produces Tech Packs for costing by internal and external suppliers and aligns with internal Pricing team.
Development and Sourcing Partnership
Collaborates with domestic and international teams on the development of prototypes production samples and commercial-ready products that adhere to Tech Packs.
Coordinates with vendors to negotiate new item costs and meet margin targets.
Supports the Sourcing team by providing specifications and data for existing programs.
Partners with vendors to gather cost analysis data negotiate pricing and break down costs.
Cross-Functional Leadership
Collaborates cross-functionally with Merchandising Marketing Sales Operations Sourcing and other departments to achieve sales and margin targets.
Partners with Quality and other teams to resolve vendor-related challenges.
Helps establish vendor performance tracking and reporting of key KPIs.
Contributes to continuous improvement efforts and drives process enhancements.
ESSENTIAL QUALIFICATIONS:
Bachelors degree in Business or related field required; MBA preferred
Minimum of 15 years of experience in Product Development preferably in the bedding soft home or apparel industry with demonstrated ability to deliver innovation
Consistent record of delivering sales driving and margin accretive product innovation
Technical expertise in fabrics fiber fills and textile manufacturing
Experience implementing and using Centric PLM or similar Product Line Management system strongly preferred
Ability to forge strong relationships with key partners including Merchandising Sourcing Pricing Marketing and Sales
Strong communication skills in various settings including with Senior Leadership retail customers and suppliers
Passion for understanding the bedding category as well as textile and fiber fill technologies and for translating consumer insights into new and meaningful products
Ability to communicate and influence across the organization by articulating a position alternative approaches and recommendations
Deep curiosity and desire to learn about the bedding category and textile technology
PHYSICAL DEMANDS:
Ability to travel both nationally and internationally
Ability to withstand prolonged periods sitting at a desk
Frequent use of upper extremities to perform keyboard functions and work on a computer
Ability to occasionally stand/walk
Required Experience:
Exec
Employment Type
Full-Time
