Senior Product Analyst

PanasonicNewark, NJ

About The Position

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey! https://www.youtube.com/watch?v=0tMgKm_71qs (by clicking this link you are being referred to an external site that is not part of Panasonic) Meet the Recruiter: Amber Smallwood What You'll Get To Do: Pricing Maintain landed cost file and update on quarterly basis Maintain marginal profit file based on distribution update Work with PM to negotiate with Japan on quarterly basis for FOB update Promotion Demonstrate knowledge of different vehicles including marketing execution items Assist updating promotional roadmap Analyze promotional lift in forecast Run marginal profit simulation based on PM guideline Product Seek out and apply knowledge of new trends and innovation to identify new products but also opportunities within existing products to improve packaging, retail/online merchandising and other communication vehicles Demonstrate knowledge of technical product detail Ability to demonstrate product functions PSI Demonstrate knowledge of PSI tied to promotion strategy Take ownership of part of PSI deck preparation Monitor category performance on weekly basis to ensure sales volume and profit goals are met Demonstrate knowledge of pre-PSI process After analysis of POS trend, create recommended forecast based on WOS guideline by PM Assist collaboration with sales team closely to understand the sales forecast and accounts situation and support Analyze latest POS trend vs sales forecast Assist preparing power point presentation to be reported in monthly meeting Publish Reports Responsible for continuous improvement of reporting process using digital tools to automate processes Follow thru with analysis to make recommendation for business Access to POS data system to generate weekly report Run NPD data analysis and generate monthly report with key findings Update weekly competitive market report Update weekly report for promotion history in the market Admin Tasks Identify management information needs, develop non-standard reports and statements when requested Collaborate with Japan business unit to ensure timely delivery of high quality business support Work with PM to submit RFA (Request for Approval), and follow through Document RFAs and track vs budget to ensure completion and in compliance Order and track sample for responsible category Event / Show support Work with PM and marketing team to identify support requirements and execute as each event require different level of involvements Account Meetings Work with PM to support preparing for the meeting with presentation Scope: This position will report directly to senior product manager with mentoring support from product manager.

Requirements

  • Bachelor's Degree required
  • 3-6 years of experience in consumer electronics industry preferred
  • Experience in product management, sales and marketing team preferred
  • Advanced MS office skills, Excel and PowerPoint is required
  • Receptiveness to feedback and a desire to improve, learn and grow
  • Train/Coach staffs on process procedures
  • Ability to improve / eliminate manual processes
  • Strong analytical ability & detail oriented
  • Excellent Multi-tasking and time management skills
  • Ability to work outside of regularly scheduled work hours as needed’
  • Problem solver – identify areas of improvement
  • Agility - ability to move quickly and easily in response to change or challenge
  • Attention to detail
  • Excellent written and verbal communication skill
  • Communication with merchandising, sales and Japan business units
  • Ability to travel up to 15% (may include overnight & some international travel)

Responsibilities

  • Maintain landed cost file and update on quarterly basis
  • Maintain marginal profit file based on distribution update
  • Work with PM to negotiate with Japan on quarterly basis for FOB update
  • Demonstrate knowledge of different vehicles including marketing execution items
  • Assist updating promotional roadmap
  • Analyze promotional lift in forecast
  • Run marginal profit simulation based on PM guideline
  • Seek out and apply knowledge of new trends and innovation to identify new products but also opportunities within existing products to improve packaging, retail/online merchandising and other communication vehicles
  • Demonstrate knowledge of technical product detail
  • Ability to demonstrate product functions
  • Demonstrate knowledge of PSI tied to promotion strategy
  • Take ownership of part of PSI deck preparation
  • Monitor category performance on weekly basis to ensure sales volume and profit goals are met
  • Demonstrate knowledge of pre-PSI process
  • After analysis of POS trend, create recommended forecast based on WOS guideline by PM
  • Assist collaboration with sales team closely to understand the sales forecast and accounts situation and support
  • Analyze latest POS trend vs sales forecast
  • Assist preparing power point presentation to be reported in monthly meeting
  • Responsible for continuous improvement of reporting process using digital tools to automate processes
  • Follow thru with analysis to make recommendation for business
  • Access to POS data system to generate weekly report
  • Run NPD data analysis and generate monthly report with key findings
  • Update weekly competitive market report
  • Update weekly report for promotion history in the market
  • Identify management information needs, develop non-standard reports and statements when requested
  • Collaborate with Japan business unit to ensure timely delivery of high quality business support
  • Work with PM to submit RFA (Request for Approval), and follow through
  • Document RFAs and track vs budget to ensure completion and in compliance
  • Order and track sample for responsible category
  • Work with PM and marketing team to identify support requirements and execute as each event require different level of involvements
  • Work with PM to support preparing for the meeting with presentation

Benefits

  • Health Benefits – Offering medical, dental, vision, prescription plans, plus Health Savings Account and Flexible Spending Account options.
  • Voluntary Benefits – Life, accident, critical illness, disability, legal, identity theft, and pet insurance.
  • Panasonic Retirement Savings & Investment Plan (PRSIP) – 401(k) plan with company matching contributions and immediate vesting.
  • Paid Time-Off Benefits – Vacation, holidays, personal days, sick leave, volunteer, and parental & caregiver leave.
  • Educational Assistance – Tuition reimbursement for job-related courses after six months of service.
  • Health Management and Wellbeing Programs –Lifestyle Spending Account, EAP, virtual health management, chronic condition, neurodiversity, tobacco cessation, substance abuse support, and life stage and fertility resources. Available to eligible employees starting the first day of the month following your start date. Eligibility for each benefit may vary based on employment status, location, and length of service.
  • Employee Recognition Program - High5 employee recognition and awards platform, quarterly and annual employee recognition
  • Annual Bonus Program - Opportunity for an annual performance-based bonus.
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