Assistant Product Manager
DHD Consulting · North Wales, Pennsylvania, United States · On-site
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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: -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.