Product Line Specialist

Job description

Overview of the Position

Research, analysis, and recommendations to ensure P&L profitability and growth are key elements of this position. The Product Line Specialist will also be responsible for certain aspects of individual part data, inventory and opportunity management. This role will engage in continuous improvement activities resulting in increased efficiency. The Product Line Specialist supports our Product Managers in maintaining our existing portfolio while also driving growth.

Essential Duties and Responsibilities

• Perform analysis and recommendations in the areas of contract management, inventory management and forecasting, and investment opportunities
• Conduct research on our products, the market, and the competition to provide action recommendations
• Manage part number key attributes, alternate parts, along with supportive documentation
• Manage and enhance Product Management tools and reporting
• Conduct sourcing for strategic bid opportunities
• Oversee Excess and Obsolete inventory reduction efforts
• Assist with various reports and presentations
• Assist Product Managers in achieving overall P&L goal targets Other Knowledge, Skills, and Abilities:
• Strong ability and skillset in Microsoft Excel to conduct efficient research and analysis of large groups of data.
• Excellent verbal and written communication
• Must work well in team environment with multiple priorities
• Possess business acumen, including basic understanding of financial tools

Qualifications

Education / Experience Requirements

Bachelor's Degree with 2 Education Requirements: Bachelor's degree in business, engineering or a related field. Minimum 2 years' related experience and/or training Other Qualifications: The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Language Skills

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Mathematical Skills

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Reasoning Ability

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Physical Demands

The physical demands described here are representatives of those that must be met by an employee to successfully perform the essential functions of this job.

• Is occasionally required to stand and walk and lift up to10 pounds.
• Is regularly required to sit and reach with hands and arms.
• Is frequently required to use hands to finger, handle, or feel and to talk or hear.
• Works at moderate noise levels.
• Occasional travel to suppliers and/or customers. years of industry experience Other Qualifications: The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Language Skills

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of an organization.

Mathematical Skills

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane, solid geometry, and trigonometry.

Reasoning Ability

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Physical Demands and Work Environment

Is occasionally required to walk and lift up to 25 pounds. Works at moderate noise levels. Occasional travel to suppliers and/or customers.