Product Manager | Fort Worth, TX

TTI, Inc.•Fort Worth, TX

About The Position

The Product Manager manages a specific product type, category, class, or supplier to maintain product mix and inventory levels that meet customer needs and sales requirements. The role minimizes costs and maximizes profits through effective inventory management, purchasing decisions, and supplier relationships; strengthens TTI’s standing as a distributor of choice; and supports corporate sales, gross profit margin, and pre-tax profit goals. The Product Manager manages inventory within company goals, works with suppliers on quotes to support competitive pricing, and consults with sales representatives on customer needs, product features, availability, and costs. The role also promotes and educates the sales organization about assigned products or suppliers, builds productive supplier relationships, and maintains accurate and up-to-date product information in company systems and databases. The team accountabilities also include developing and managing a productive Product Team through hiring, communication, performance management, training, and succession planning.

Requirements

  • At least three years of progressive industry-related experience, including product management, distribution, asset management, sales, marketing, or an equivalent combination of education and experience.
  • Demonstrated success managing supplier relationships; experience in electronic component distribution is preferred.
  • Proven record of strategic decision-making for inventory and cost management.
  • Intermediate proficiency with Microsoft Office applications, including Excel, PowerPoint, Word, and Outlook.
  • Strong leadership and team management skills.
  • Analytical and strategic thinking skills.
  • Ability to make decisions in complex purchasing scenarios.
  • Excellent written and verbal communication and negotiation skills.
  • Proficiency in inventory management and product lifecycle.

Nice To Haves

  • A bachelor’s degree in supply chain management, business, or a related field, or equivalent related work experience, is preferred.
  • Supplier relationship management experience in the electronic component distribution industry is preferred.

Responsibilities

  • Manage a specific product type, category, class, or supplier to provide the product mix and inventory levels needed to meet customer needs and sales requirements.
  • Manage inventory within company goals and financial objectives.
  • Work with suppliers on quotes to help sales achieve a competitive position.
  • Consult with sales representatives about customer needs, product features, availability, and cost issues to support sales success.
  • Provide ongoing education and promotion to the sales organization for assigned products or suppliers.
  • Build and maintain successful supplier relationships and provide product solutions and advantages to suppliers and customers.
  • Maintain accurate, comprehensive, and current product information in TTI systems and databases, including increment quantities, minimum order quantities, costs, and delivery information.
  • Develop and manage a productive Product Team through hiring, communication, motivation, performance management, recognition, training, and succession planning.

Benefits

  • Medical, dental, and vision coverage.
  • 401(k)/Roth plan with matching.
  • Healthcare Savings Accounts.
  • Educational assistance (tuition reimbursement).
  • Ongoing training and opportunities to participate in professional and personal development programs.
  • Philanthropic opportunities to give back to the community.
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