Product Manager

Key Responsibilities & Duties

As a Product Manager, you will play a pivotal role in optimizing product lifecycle management, inventory planning, and supplier coordination to drive operational efficiency and profitability. Your responsibilities will encompass a range of strategic and tactical tasks designed to enhance product performance, streamline supply chain processes, and ensure seamless order fulfillment. Below are the core areas of focus for this position:

Inventory & Order Management

You will be responsible for determining the optimal order quantities for each Stock Keeping Unit (SKU) by analyzing critical factors such as:

• Historical sales performance of each SKU to identify trends and demand patterns;
• Stock coverage metrics to prevent overstocking or stockouts;
• Analysis of lost sales opportunities due to out-of-stock incidents in the past;
• Anticipation of future events, including peak and low seasons, to align inventory levels with market demand;
• Coordination with current and future catalog production and distribution plans to ensure alignment with market availability.

Product Lifecycle & Cost Optimization

You will evaluate and decide the lifecycle of each SKU by considering performance curves, demand and supply dynamics, and supplier status. Additionally, you will:

• Maintain a comprehensive tracker, including both Excel-based and system records, to monitor the cost and Minimum Order Quantity (MOQ) for each collection/SKU across all suppliers;
• Initiate negotiations with suppliers to adjust costs and MOQs in response to changing market conditions or business requirements;
• Ensure that all cost adjustments are documented and aligned with strategic financial goals.

Purchase Order & Supplier Coordination

You will oversee the entire Purchase Request (PR), Proforma Invoice (PI), and Purchase Order (PO) process to ensure accuracy, timeliness, and compliance with contractual terms. Your responsibilities will include:

• Forwarding PRs and POs to suppliers with sufficient lead time to avoid delays;
• Verifying that PIs and POs match in terms of quantity, cost, payment terms, shipment dates, and other critical conditions;
• Ensuring that signed copies of POs are received from suppliers as a formal acknowledgment of the agreement;
• Monitoring the status of open POs and resolving any discrepancies or delays in collaboration with cross-functional teams.

Stock Liquidation & Obsolescence Management

To maintain a healthy inventory turnover and minimize obsolescence, you will develop and implement a stock liquidation plan for aging inventory. This includes:

• Identifying cutoff dates for terminal stock to prevent excessive holding costs;
• Securing board approval to sell obsolete or excess stock to wholesalers at clearance prices;
• Implementing provisions to address obsolescence, including write-offs or alternative disposal strategies where necessary.

Qualifications & Skills

To excel in this role, you should possess the following qualifications and competencies:

• A Bachelor’s degree in Supply Chain Management, Business Administration, or a related field;
• 5 to 8 years of relevant experience in logistics, production, or planning roles;
• Advanced proficiency in Microsoft Office, with a strong emphasis on Excel for data analysis, tracking, and reporting;
• Exceptional problem-solving skills with the ability to analyze complex data and make data-driven decisions;
• Strong negotiation skills to effectively manage supplier relationships and cost structures;
• Excellent attention to detail and organizational skills to manage multiple priorities in a fast-paced environment;
• Ability to collaborate effectively with cross-functional teams, including procurement, sales, finance, and operations.

This role offers an opportunity to contribute to the strategic growth of the organization by optimizing product availability, reducing costs, and enhancing operational efficiency. If you are a detail-oriented professional with a passion for supply chain excellence, we encourage you to apply.