Senior Product Manager

The Home Decor Division is looking for a Sr. Product Manager to join their Medford MA this role the Sr Product Manager will be responsible for developing unique innovative and successful new products. This extends from increasing profitability of existing products to developing new products for the company. This includes spending time in the market to understand current problems and then find innovative solutions for the broader market. It is also required that each Sr. Product Managers become proficient in their areas of responsibility. Candidates must have firsthand knowledge of how products perform based upon their own use and familiarity with the product. The Senior Product Manager will serve as a mentor to Assistant Category Managers and/or Category Managers in the is a hybrid role with required office days in our Medford MA locationEssential Job Functions Responsible for the sales and gross margin dollars of the individual category. Gross margin percent must be maintained or grown during the course of the innovation through the development of new concepts procedures price-points packaging and presentation on the end consumer first to ensure products resonate with the target with all levels and types of retailers including traditional Brick and Mortar as well as internet and mail order catalog direct support to the retailer in regards to packaging presentations and execution coupled with programs and products innovative enough to deliver better margins for all involved while ensuring placement and support of product(s).Understand and facilitate the suppliers needs for accurate and timely information concerning product design packaging samples regulatory requirements production requirements and shipping an understanding of the production process and materials used in order to improve comprehension of how goods are in the re-engineering of products to hit key price the on-time delivery of all new programs by calculations of raw material availability production time inspection time packaging shipping and customs inventory at acceptable levels as directed by the Division President. Includes the monitoring of forecasts from the sales force and identification of discontinued and overstock quantities on a monthly stores on a regular basis to remain up to date on what competitors are doing and to increase knowledge regarding competitive factors relative to newness uniqueness and overseas travel to factories based on business need in order to become familiar with the materials and production methods used by our suppliers within the the collaboration with internal departments to ensure timelines are on track and relevant information is provided within a timely and develop Assistant Category Managers/Category Managers to ensure they have an understanding of the requirements of the next level the entire product lifecycle from conception requirements gathering and design development testing through degree preferred5 7 years in the field or in a related areaSourcing experience requiredExperience with SAP and/or PDS. Ability to work independently in a fast-paced of gross margin calculation and its requirements in our communication and interpersonal skills. Ability to manage time in an efficient manner and prioritize effectively. Strong understanding of the retail industry.