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
1. Develop and build the relevant Category strategy and product roadmaps
2. Ensure that monthly margin targets are met to deliver both local profit and global profit
3. Analyse Weekly sell-out figures to determine direction for the overall categories
4. Provide scenario planning that will guide decision making
5. Provide information to guide channelisation, product lifecycle management and investment decisions for relevant categories
6. Work closely with the Product Planner for all needed, relevant analysis and insights
Market Strategy
7. Work with commercial and marketing teams to ensure consumer targets and activity are aligned
8. Set the £RRP and invoice pricing for category products to ensure the product range is aimed for the target market
9. Set the direction for segmentation of relevant Category products in the UK
10. Ensure that monthly, quarterly and yearly targets for Volume, Revenue and Sell-out are met
11. Provide recommendations on a monthly promotional plan that will guide the commercial team’s priorities in terms of sell-in
12. Review and react to competitor strategy, communicating insights and actions to both UK and Korean HQ
Priority setting
13. 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
14. Take full accountability for the relevant categories P&L, providing scenarios and communicating to Senior PM + Head of PM when needed
15. Management and ownership of budget and revenue targets for relevant categories
Handling and Measuring Work
16. With the support handle conflicting viewpoints and ensuring that the business can move forward in a handled and clear fashion
17. Find new and innovative solutions to deal with long-term challenges and short-term problems
Proposition
18. Work alongside wider PM team, Supply Chain Management, Finance, Marketing and Commercial teams to develop propositions
Forecasting
19. Contribute to the development of the quarterly and yearly Volume, Value and Margin plan
20. Work with demand planning teams to work with factory teams to set our demand forecast for supply.
21. Work with the commercial sales team to ensure that any variation to plans are managed and communicated
Launch
22. Own and contribute to the development of the launch plan for new products within relevant Category portfolio
23. Co-ordinate key partners with the launch to ensure overall delivery of the launch strategy.
24. 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:
25. Previous Product Management experience, ideally within the small domestic appliance space
26. Excellent verbal, written and presentation skills
27. Experience of handling large quantities of data to make complicated decisions
28. Creative thinking
29. Self-motivator and self-starter
30. Outstanding communications skills comfortable presenting at all levels
31. Excellent attention to detail
32. Ability to break complex problems down into simple, meaningful solutions
33. Flexible & adaptable with ability to work in cross functional teams
34. Work at a fast pace, with accuracy, in a changing environment across multiple projects
35. Make decisions with full understanding of impacts and wider business trade offs
36. 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:
37. High level commercial foresight
38. Advanced data-handling capability
39. Well-developed creative problem solving skills
40. The ability to deliver excellence in collaboration with others.
41. Ability to make this role your own with proactive leadership.
42. Tenacity and Resilience in a fast paced and demanding culture
Success in the first 3 months will look like:
43. Understanding of FloorCare Strategy & Build on plans to achieve targets
44. Full immersion in and understanding of key Samsung processes and systems
45. Strong relationships built within the product management team and wider DA community
46. Improved promotional and commercial simulation analysis and accuracy
47. Achieving efficiency of the product line – Volume / Value per SKU
48. Implementation and profitability of the promotional plan
Success will be measured by:
49. Meeting quarterly and yearly targets for Volume, Revenue, Profit, Net Dealer Price and Mix
50. Market share and ASP of categories provided by GFK
51. Accuracy and improvement of promotional simulations
52. Accuracy of commercial forecasts
53. Quality and reliability of reporting
Skills and Qualifications
Benefits of working at Samsung include
54. Hybrid working – 3 days in the office and 2 days at home per week
55. Bonus scheme linked to individual, team and company performance
56. Car allowance (delete if not appropriate)
57. Pension contribution
58. Three volunteering days each year
59. Holiday - 25 days plus bank holidays and an additional day off for your birthday
60. Access to discounts on a wide range of Samsung products
61. Access to a discount shopping portal
62. 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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