Product Manager - Style & Co.

Product Manager - Style & Co.

• Responsible for monitoring, reporting, and analyzing merchandise performance by program and style.
• Monitor Style Adoption Rate vs. Plan
• Responsible for communicating, conducting, and selling to division.
• Prepare the presentation materials for line previews and buy meetings to help ensure customer buys appropriate assortment.
• Communicate strategies of product area with division.
• Responsible for recapping and finalizing program and style placements.
• Analyze current and historic sales/margins and market trends to assist customers in placing appropriate assortments at line previews and buy meetings.

• Work directly with core vendors to manage merchandise performance overall (programs, key items, sales, margins).
• Initiate vendor intensification efforts and identify new vendors through competitive shopping and consistent market presence.
• Identify, communicate and drive sales and gross margin of key items and key vendors.

• Gain solid understanding of competitive landscape by constantly shopping competition and up-coming trend businesses.
• Lead in identifying merchandising trends, opportunities and new vendors.
• Lead in generating customer (division) support of line and plans by gathering product and performance input, sharing line development direction and promoting the assortments.

• Monitor line development activities to ensure time and action plan is followed.
• Owner of the Production Flow - ensure on time shipping through following timeline (production, design, marketing, logistics)
• Manage the communication process with suppliers to develop each program and style and to plan and place orders
• Collaborate with all suppliers to establish and finalize all material and production reservations and to confirm all production costs
• Negotiate costing for all styles to achieve competitive pricing and strategic mark-up targets
• Responsible for sales, turn, MU%, VM and stock levels.

• Communicate regularly with the division, design and vendor partners to gather input, share line development direction, and to communicate business strategies.
• Develop line plans down to classification and style level.
• Participate in editing and merchandising product line to fit into the program and style plans.
• Communicate all target costs and negotiate pricing with overseas offices and domestic vendors (for area of ownership).
• Responsible for presenting at best seller meetings and making recommendations.

• Manage the development of the line list based on finalized style plan and merchandising information.
• Manage and oversee master contract maintenance and creation.
• Manage information input process and possess bottom line accountability for the integrity and accuracy of all data entered into the systems.

• Manage and develop Associate PM, Product Assistants, trainees and interns as determined through department hierarchy.

• Responsible for coordinating and distributing completed style placement packages to Overseas Offices, Design and Production, and to the Division for recap.
• Lead buy recap meeting; recap program and style placements and communicate to BD/PD any callouts assuring minimums are met.
• Manage/oversee the preparation, sending, and presenting line preview and buy meeting materials to customers.
• Compile and share information within organization on trends, pricing, positioning, materials and assortments.
• Monitor merchandise performance through the management of key item system.

• Define the fashion uniform to drive multiple sales and to elevate the level of trend in the brand.
• Edit and merchandise product line to fit into the program and style plans.
• Shop retail markets to seek new merchandise ideas; analyze competitor activity and pricing strategies; and identify assortment opportunities and product trends for season.
• Assign suggested retail prices and strategic markup targets.
• Work with Senior PM and Director to plan, place, and manage the supplier base for department.
• Collaborate with overseas offices in selecting supplier, negotiating style and program costs, and placing orders.
• Assist in MD process and SPA accruals.
• Determine and merchandise prints by categories.

• Work with Brand Manager and Marketing on all marketing needs related to the product category/brand.
• Identify with Marketing new packaging, label, and hangtag needs and assist/mange the follow up tracking of these requests.

• Manage and supervise Associate Product Manager and/or Product Assistant's interaction with Customs Department ensuring that proper HTS number and duty is applied to the item.

• Work closely with the QC department to ensure all products meet quality and safety standards.

• Coordinate and manage set-up of Image line list.
• Participate in strategic meetings with recommended assortments (Key Resources, Design, and Team Management).

• Attend fit sessions to ensure the sample product's adherence to the program and styles expected ""look"" and quality and to ensure its production is within budget.
• Finalize all order details, materials and production reservations with overseas offices.
• Coordinate with Logistics and vendors to resolve shipping issues.

• Redirect and request appropriate resources for department during peak workflows.
• Perform other duties as assigned.

• Bachelor's Degree in related field.
• Minimum 4-5 years of retail experience (Store or Buying Office) and Product Development.
• Possess strong organizational Merchandising and analytical skills.
• Excellent written and verbal communication skills and strong negotiating skills.
• Proficient in PC operation, MS Office, and Excel.
• Ability to be detail-oriented, flexible, self-motivated, and be able to motivate others.
• ** (Internal Candidate) Working knowledge of Corporate Systems.
• Ability to view and differentiate the color spectrum.
• Able to travel within the US.