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Position Summary
Why join our team?Reporting to the Senior PM, the Product Manager - Floorcare supports the increased focus within this area and is responsible for achieving the strong growth targets and commercial objectives for our Vacuum Cleaning category. In this role, you will take the responsibility for developing the strategy, plan and flawlessly implementing both in life products and new product introductions.
Role and Responsibilities
Your key responsibilities
Product Strategy
Develop and build the relevant Category strategy and product roadmaps
Ensure that monthly margin targets are met to deliver both local profit and global profit
Analyse Weekly sell-out figures to determine direction for the overall categories
Provide scenario planning that will guide decision making
Provide information to guide channelisation, product lifecycle management and investment decisions for relevant categories
Work closely with the Product Planner for all needed, relevant analysis and insights
Market Strategy
Work with commercial and marketing teams to ensure consumer targets and activity are aligned
Set the £RRP and invoice pricing for category products to ensure the product range is aimed for the target market
Set the direction for segmentation of relevant Category products in the UK
Ensure that monthly, quarterly and yearly targets for Volume, Revenue and Sell-out are met
Provide recommendations on a monthly promotional plan that will guide the commercial team’s priorities in terms of sell-in
Review and react to competitor strategy, communicating insights and actions to both UK and Korean HQ
Priority setting
Set the priorities for the product category ensuring that actions achieve the objectives whilst also being aligned to the overall vision of Samsung DA
P&L Accountability
Take full accountability for the relevant categories P&L, providing scenarios and communicating to Senior PM + Head of PM when needed
Management and ownership of budget and revenue targets for relevant categories
Handling and Measuring Work
With the support handle conflicting viewpoints and ensuring that the business can move forward in a handled and clear fashion
Find new and innovative solutions to deal with long-term challenges and short-term problems
Proposition
Work alongside wider PM team, Supply Chain Management, Finance, Marketing and Commercial teams to develop propositions
Forecasting
Contribute to the development of the quarterly and yearly Volume, Value and Margin plan
Work with demand planning teams to work with factory teams to set our demand forecast for supply.
Work with the commercial sales team to ensure that any variation to plans are managed and communicated
Launch
Own and contribute to the development of the launch plan for new products within relevant Category portfolio
Co-ordinate key partners with the launch to ensure overall delivery of the launch strategy.
Lead and handle the launch process for new products within the Emerging Category portfolio
What we need for this role
To be successful, you will possess the following skills and attributes:
Previous Product Management experience, ideally within the small domestic appliance space
Excellent verbal, written and presentation skills
Experience of handling large quantities of data to make complicated decisions
Creative thinking
Self-motivator and self-starter
Outstanding communications skills comfortable presenting at all levels
Excellent attention to detail
Ability to break complex problems down into simple, meaningful solutions
Flexible & adaptable with ability to work in cross functional teams
Work at a fast pace, with accuracy, in a changing environment across multiple projects
Make decisions with full understanding of impacts and wider business trade offs
Strong and flexible Interpersonal skills when interacting with colleagues of different nationalities and cultures
What does success look like?
To be successful in this role you ideally have:
A well rounded blend of:
High level commercial foresight
Advanced data-handling capability
Well-developed creative problem solving skills
The ability to deliver excellence in collaboration with others.
Ability to make this role your own with proactive leadership.
Tenacity and Resilience in a fast paced and demanding culture
Success in the first 3 months will look like:
Understanding of FloorCare Strategy & Build on plans to achieve targets
Full immersion in and understanding of key Samsung processes and systems
Strong relationships built within the product management team and wider DA community
Improved promotional and commercial simulation analysis and accuracy
Achieving efficiency of the product line – Volume / Value per SKU
Implementation and profitability of the promotional plan
Success will be measured by:
Meeting quarterly and yearly targets for Volume, Revenue, Profit, Net Dealer Price and Mix
Market share and ASP of categories provided by GFK
Accuracy and improvement of promotional simulations
Accuracy of commercial forecasts
Quality and reliability of reporting
Skills and Qualifications
Benefits of working at Samsung include
Hybrid working – 3 days in the office and 2 days at home per week
Bonus scheme linked to individual, team and company performance
Car allowance (delete if not appropriate)
Pension contribution
Three volunteering days each year
Holiday - 25 days plus bank holidays and an additional day off for your birthday
Access to discounts on a wide range of Samsung products
Access to a discount shopping portal
Partner Colleagues are not eligible for certain types of statutory leave such as Samsung Family Leave or Sick Leave policies but may be eligible for statutory payments via their agency
A note on equal opportunities
We are an equal-opportunity employer and value diversity at our Company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
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