Summary : The Product Associate will partner cross-functionally with various departments to develop promotional and marketing tools to maximize sales. This role is responsible for the planning & forecasting of the product, and analyzes the product life cycle.
Work Hours : Monday to Friday from 08 : 00 AM to 05 : 00 PM, 2 Saturday(s) a month from 09 : 00 AM to 12 : 00 PM
Seniority Level : Associate
Employment Type : Full-time
Compensation : This salaried, exempt position pays from $70,000 to $75,000 per year. The estimated annual pay for new hires generally ranges from $70,000 to $75,000 or more, depending on experience, education level and annual bonuses.
To perform this job successfully, the individual must be able to complete the following essential duties and responsibilities :
- Manage supply chain for multiple product lines and ensure availability at all warehouses.
- Analyze and manage proper inventory flow, including demand planning & forecasting, setting reorder points, expedites, defers, divert, placing purchase orders, performing pricing analysis, and managing receipt of goods.
- Manage product lifecycle from new product introduction, existing product promotion, rationalization of skus, discontinuation, and close-out.
- Partner cross-functionally across National Marketing, Products, and Sales to develop promotional and marketing tools.
- Develop pricing for new products and continually review to ensure products.
- Develop new products with international suppliers based on sales data, customer and sales teams feedbacks, trends and online / market research.
- Develop marketing strategies for the product portfolio to support the salesforce and increase MSI's market share.
- Work with vendors to develop production plans to ensure timely product shipments.
- Perform factory capacity analysis to determine impact of new items on current production processes.
- Partner with international suppliers on innovation, performance management, order placement, and inventory flow.
- Actively seek opportunities for international sourcing that aligns with the category's strategy and goals.
- Maintain strong communication with international suppliers across multiple time zones, and support sales teams with inventory updates and problem-solving needs.
- Take initiative to identify and implement process improvements to increase team efficiency and effectiveness.
- Seek new sourcing opportunities that align with category goals
- Perform additional duties as required and or requested.
Additionally the candidate must meet the following Education and / or Experience requirements :
Minimum Bachelor's degree from a reputable university.Minimum of 1 year of experience in product Sourcing, supply chain, business strategy, finance, or other quantitative field.Strong analytical and quantitative ability.Capacity to perform well in a fast-paced environment and under tight deadlines to deliver results.Excellent communication skills.Excellent project management and problem solving skills.Excellent critical thinking and attention to detail skills.Excellent ability to work cross-functionally.Focus on innovation and process / product improvements.Collaborative mindset with a strong drive to get things done and support team decisions.Strong leadership skills with an entrepreneurial approach to learning, ownership, and execution.Additional Notes : This role is business-focused rather than software or IT product development. It is intended for candidates interested in product, supply chain, merchandising, and category growth within a high-volume, global product organization.
This role has the following physical demands :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is regularly required to use their hands to handle objects, tools, or controls; reach with their hands and arms; and communicate verbally. The employee frequently sits and may occasionally stand or walk.The employee must occasionally lift, pull and move up to 25 pounds. Specific vision abilities required by this job include close vision.Benefits : MSI offers a comprehensive benefits package that includes :
Referral, Holiday, and Annual BonusesAnnual pay increasesPaid Time OffMedical, Dental, and Vision InsuranceCompany-paid Short Term and Long Term disabilityCompany-paid Life InsuranceTuition ReimbursementTraditional and Roth 401(k) plans with company matching contributionsCharitable donation matching programsFree, company-sponsored 1-on-1 tutoring for children / dependents of MSI employees in grades k-12, including free tutoring for SAT and ACT tests