100% fashion Staff with care

Product Development Manager

new york, New York

Post Date: 12/21/2017 Job ID: 89516 Job Category: Product Development

JOB TITLE: PRODUCT DEVELOPMENT MANAGER 

COMPANY: Well-known Accessories Company

The Product Development Manager will interact closely with Design, Customers, and Suppliers. He/She will be responsible for managing the day to day functions in product development including sourcing, costing, product management and sample follow-up. He/She will be exposed to various aspects of customer- facing activities.

RESPONSIBILITIES:

  • Manage the assigned product development and drive sourcing, costing, innovation, data integrity, product quality, speed to market and social compliance.  Take initiative on research and development to create growth opportunities.
  • Oversee all product development, sourcing, costing and production, ensuring that customer requirements and specifications are met, on time and in order.
    • Research: fabrics, product, resources, countries.
    • Drive innovation: technique, fabrics, yarns, process.
    • Ensure competitiveness: retail and wholesale competitors in all channels.
    • Drive costing: achieve best value/cost from all supplies.
    • Manage sourcing: minimums, lead times, currency, costs, and national instabilities.
  • Troubleshoot quality, production, price and lead times issues.
  • Manage cost engineering to achieve cost targets and negotiate with suppliers as necessary.
  • Monitor invoices, debit notes, chargeback and work orders submitted to and from suppliers.
  • Manage the communication of all routing instructions and documents (for direct shipments) to vendors, brokers, merchandise tracking and NJ DC.
  • Maintain duty and freight tables staying aware of relevant custom changes that can affect product categories.
  • Negotiate pricing, terms and deliveries with customers as well as damages and discounts as necessary.
  • Ensure data integrity for assigned product categories and accounts.
  • Track all showroom and salesman samples to ensure placement is timely, meeting the delivery targets.
  • Manage cost/retail structure to achieve margin goals both internally and for our partners.
  • Review and develop/update monthly projections with Managing Director.
  • Inform customer service of changes regarding customer orders.
  • Provide specific sales information as needed.
  • Back up other associates when needed.

QUALIFICATIONS:

  • Bachelor’s degree in Design, Business, Fashion or related field and 2+ years of related experience preferred.
  • Excellent analytical, communication and presentation skills.
  • Excellent organization and time management skills; detail oriented.
  • Ability to effectively prioritize in a fast-paced environment.
  • Ability to build strong, productive relationships as a salesperson, buyer and teammate.
  • Strong negotiation skills.
  • Excellent understanding of product development and manufacturing process.
  • Strong ability to understand brands.
  • Comprehensive understanding of retail math.
  • Proficient in Microsoft Excel, Word and PowerPoint.
  • Experience with a PLM system preferred.

 


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