Product Development Manager
4 days ago
Job Summary
We are seeking a highly skilled Product Development Manager to join our team at Reed. As a key member of our buying team, you will be responsible for developing and implementing product ranges that meet the needs of our customers and drive business growth.
Key Responsibilities
- Product Range Development
- Develop product ranges that align with our brand identity and store values, ensuring they accurately reflect our desired image and value levels.
- Utilize historical data and trends to plan and implement product strategies in collaboration with the Merchandiser, aiming to achieve sales and margin objectives.
- Supply Chain Management
- Work with the Sourcing Manager or Sourcing Trainee Manager to execute product strategies for intake margin growth, incorporating risk assessment and supply security considerations.
- Drive the front-end product development strategy across functions, ensuring timely progress in sampling, fabric selection, and pricing to meet deadlines for range planning and development.
- Collaboration and Communication
- Ensure that range plans, product briefs, design specifications, fabric requirements, fit sessions, and colour considerations are completed according to the critical path schedule and are effectively communicated both internally and externally.
- Collaborate with Design, Visual Merchandising, and Marketing teams to plan and implement window displays, photography, range manuals, and layout guidelines.
- Performance Monitoring and Analysis
- Continuously review product performance and trends to optimize sales and margins for the current season and beyond, taking appropriate actions.
- Maintain a thorough understanding of stores, competitors, opportunities, and threats through store visits and ongoing market analysis.
- Team Management and Development
- Provide effective management, evaluation, and development of the supplier base as needed.
- Support and coach line reports, ensuring structured training and development plans.
- Cost Management
- Manage costs within agreed budgets and guidelines.
Benefits
- 30 days annual leave (inclusive of bank holidays)
- Company pension scheme
- Free parking permit onsite
- Store discount
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