Incolabs: Product Manager

Posted on :

20 Jun, 2016

Category :

Management Jobs in South Africa

Incolabs Pty Ltd is the distributor of Cosmetics & Skin Care manufactured for it by a third party contractor. Incolabs was established in Australia in 1960, distributing the Innoxa brand in Australia & overseas markets including New Zealand & Malaysia.

Job description
Minimum requirements:

  • Relevent degree will be advantageous
  • Minimum of 3 years experience in a similar role
  • Must have solid experience in sourcing and buying as well as experience project managing the cost ad performance of suppliers.
  • Must have solid experience in the full management of product development.

Job description:

  • Develop, plan and successfully implement the Brand Growth & Innovation strategy for their brands.
  • Drive Innovation Process to ensure 3 Year Innovation Pipeline & OTIF execution of new products to market.
  • In addition the Product Manager is responsible for managing the sourcing and buying of items including raw materials and marketing services to getting the best pricing and quality for these purchases.
  • The Product manager will be responsible for effectively managing & coordinating of suppliers and for developing purchasing strategies which meet budgetary and other operational requirements of the company.

 

Duties and responsibilities:

Brand Strategy Development:

• Conceptualise and implement long and short term strategies to maintain and grow brand sales, market share and brand awareness for the products within OWN BRANDS

• Contribute to Incolabs Innovation by delivering a product development programme (5 year pipeline) to generate consistent sales & Profit growth.

• Consistently exploring and seeking opportunities to drive brand growth through Packaging, Product, Placement, Pricing, etc

Brand Positioning:

• Define and improve upon the brand positioning as the brand grows and market dynamics demand.

• Over Q1, 2016 – leading the brand CI Development to guide communication development over the next 3 years Innovation

Project Management:

• Develop & lead execution of 3 Year Innovation Growth strategies for the brands

• To initiate, brief and project manage brand & category NPD’s. Ensure all NPD Projects are delivered OTIF in the business – leading the process from concept to execution – with appropriate levels of rigour and process being followed.

• A focus on product innovation, but also includes any other projects – i.e. consumer research, pricing adjustments, cost saving projects with supply, developing new go to market channels. • Manage the full procurement, costing and execution with 3rd Party Suppliers.

Brand P&L:

• Improving brand profitability by reviewing and updating the Product MIX – portfolio & pricing management

• Focused on improving brand profitability & ensuring any new products build on the brand P&L

• Develop & Refresh 5 Year P&L per brand taking into account trends & innovation Product

Portfolio Management:

• COG’s value analysis & improvement to ensure benchmarked costs and required GP is achieved.

• Engagement with SC Team to ensure we have the right product to sell – Understanding Stock on Hand & SLOBS

• Identifying trends upwards and downwards on SKUs

• Managing the Product Life Cycle

• Reviewing SKU portfolio for rationalisation and potential discontinuation

• Resolving OOS situations

• Inputting category trends & macro trend insights into demand & forecasting projections

• Handling any decisions regarding Production Planning that may impact quality, cost or supply

• Regularly seeking to improve upon the product mix and all aspects of the product that we offer to consumers.


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