Product Manager (Finance)
Standard Textile has been inspiring care, comfort, and change in our communities since 1940. While our business is creating innovative textiles, it's our purpose that guides the solutions we offer and drives how we treat our customers, our associates, and the impact we make in our communities. We hold ourselves to a higher standard. A higher standard for why we exist, for how we create, and for what's next.
The Product Manager will be responsible for facilitating new product development, understanding the capabilities of competitors & suppliers, and providing objective insights and recommendations for customers and sales teams. They will support the needs of the business by working with cross-functional teams, specifically R&D, Merchandising, Marketing, Sourcing and Sales, to develop products that will help the business defend core product lines, grow sales with new customers and/or markets, and expand presence within existing accounts/markets.
Key Responsibilities Include:
Product Management
- Owns execution of product development projects from customer request to launch.
- Facilitate new product launches and manage end-of-life inventory recommendations for major programs.
- Coordinate new product launches, including new product sampling to external sales team, price guides, product training and marketing materials.
- In-depth knowledge of technical product specifications, product positioning, margin analysis and supply chain factors (MOQs, FOB vs. LDP costing, lead times, inventory turns, outbound freight, etc.)
- Initiate new product development, clearly communicating product needs to cross-functional team and suppliers.
- Contributes to pricing strategy, SKU rationalization and product roadmap
- Participate in sales consultant and customer interviews to identify unmet product needs.
- Competitive research & benchmarking
Custom Product Project Management
- Evaluates all non-stock product requests and oversees projects from inception to completion including sampling, testing, and organizing for final presentation of products.
- Provide timely follow-up to sales forces by answering product questions.
- Collaborate with internal departments to ensure that all incoming customer/sales requests are reviewed and resolved or passed to the appropriate group.
- Overall setup of new item numbers and review and approval of product specifications. Continuously manage and maintain product components to ensure accuracy.
Qualifications include:
- Bachelor's Degree Required
- 3+ years' experience with Product, Business/Marketing Strategy, Project Management preferred
- Advanced Microsoft Excel skills required, Salesforce and Power BI preferred
- Must have excellent communication skills and the ability to adapt to change in a fast-paced environment
- Excellent problem-solving skills and enthusiastic about new ideas
Why work at Standard Textile:
- Competitive pay with Career Growth Opportunities
- Full benefits - medical, dental, vision
- Paid Parental and Bereavement Leave
- 401k plan with company match
- "Dress for Your Day" Dress Code
- Discount on Standard Textile Products
- Hybrid working environment, both onsite and remote
Immigration sponsorship is not available for this position. Applicants for this position must be eligible to work in the U.S. without the need for current or future work visa sponsorship.
Proudly, Standard Textile has earned a title of US Best Managed Company for the fourth year running, an honor awarded by Deloitte Private and The Wall Street Journal, celebrating the exceptional achievements of American private companies and their management teams.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Join us!
