Senior Product Manager

Lifetime Brands Talent Acquisition•Medford, MA

108d•$85,000 - $100,000•Hybrid

About The Position

The Home Decor Division is seeking a Senior Product Manager for its Medford, Massachusetts team. The role is responsible for developing innovative, successful products, increasing the profitability of existing products, and identifying market problems that can be addressed with new solutions. The Senior Product Manager is expected to have firsthand familiarity with products in their area of responsibility and to understand how those products perform through personal use. The position also mentors Assistant Category Managers and Category Managers. This is a hybrid role with required office days in Medford, Massachusetts. The Senior Product Manager oversees the sales and gross margin dollars of an assigned category, supports retailers and suppliers, and collaborates with internal teams to deliver products and programs on schedule. The role drives products through the full lifecycle, from concept and requirements gathering through design, development, testing, and launch. Overseas factory travel may be required based on business needs. Lifetime Brands is a global provider of kitchenware, tableware, and other home products. The company describes its offerings as combining trusted brands, value, and a commitment to innovation.

Requirements

5–7 years of experience in the field or a related area.
Sourcing experience.
Experience with SAP and/or PDS.
Ability to work independently in a fast-paced environment.
Knowledge of gross margin calculations and their requirements in the business.
Excellent communication and interpersonal skills.
Ability to manage time efficiently and prioritize effectively.
Strong understanding of the retail industry.
Firsthand knowledge of product performance through personal use and familiarity with products in the assigned area.

Nice To Haves

Bachelor’s degree preferred.

Responsibilities

Manage sales and gross margin dollars for the assigned category, maintaining or growing gross margin percentage.
Develop innovative product concepts, procedures, price points, packaging, and presentation ideas.
Prioritize the end consumer and ensure products resonate with the target customer.
Work with traditional brick-and-mortar, internet, and mail-order catalog retailers.
Support retailers with packaging, presentations, execution, programs, and products that promote strong margins and product placement.
Coordinate suppliers’ needs for accurate, timely information about product design, packaging, samples, regulatory and production requirements, and shipping dates.
Learn production processes and materials to better understand how goods are manufactured.
Participate in product re-engineering to meet key price points.
Ensure on-time delivery of new programs by accounting for raw-material availability, production and inspection time, packaging, shipping, and customs requirements.
Maintain inventory at acceptable levels as directed by the Division President; monitor sales-force forecasts and identify discontinued and overstock quantities monthly.
Visit stores regularly to monitor competitors and build knowledge of competitive factors, including newness, uniqueness, and creativity.
Travel overseas to factories when business needs require, to learn about suppliers’ materials and production methods.
Lead collaboration with internal departments to keep timelines on track and ensure relevant information is shared promptly.
Coach and develop Assistant Category Managers and Category Managers for the requirements of the next-level position.
Lead the product lifecycle from conception, requirements gathering, and design through development, testing, and launch.

Benefits

Medical, dental, and vision plans for eligible full-time employees and family members.
Flexible Spending Accounts for health and dependent care.
Short-term and long-term disability coverage.
Company-paid basic life and accidental death and dismemberment insurance.
Eligibility for the company 401(k) plan after 90 days of employment.
Paid time off, with 15 days accrued per calendar year for non-warehouse positions and 10 days for hourly warehouse positions.
10 company-paid holidays.
Employee product discounts.
Tuition assistance.
Employee Assistance Program.
Four hours of optional paid volunteer time annually.
Commute trip reduction incentives for Seattle-based employees.
Voluntary benefits.