Refrigeration Junior Product Manager – Home Appliance SEUK&I
Apply remote type Hybrid locations Samsung House 2000 Hillswood Drive, Chertsey, United Kingdom time type Full time posted on Posted 2 Days Ago time left to apply End Date: March 4, 2025 (18 days left to apply) job requisition id R99784
Position Summary
Why join our team?
Samsung is an incredible place to work full of endless opportunities, outstanding individuals, and an excellent environment. As well as this, Samsung provides the opportunity to be a part of innovation that makes a real difference in the lives of millions of people worldwide. Throughout our history we’ve taken on big challenges, and we strive to be the very best at what we do. This spirit is the driving strength that has made us a global leader.
Come and join us as we take on the next big challenge of the future!
Reporting to the Senior Product Manager for Refrigeration, the Junior Product Manager – Refrigeration, will be responsible for supporting the creation and flawless execution of the category strategy, contributing to the overall UK Home Appliance strategy.
Role and Responsibilities
Your Key Responsibilities:
1. Contribute towards the development and support the implementation of the Refrigeration product strategy for the UK.
2. Support with the communication of the business priorities of the product line, supporting in translating the HQ vision into actionable UK specific plans.
3. Work with the Senior Product Manager to take accountability for the P&L of the category and ownership of the budget ensuring profitable growth.
4. Complete data deep dives and complete regular and consistent analysis of sell in, sell out and market performance to drive growth within your category.
5. Work alongside Product Management, Supply Chain, Finance, Marketing and Commercial teams to develop successful propositions for the Refrigeration category.
Product Strategy
1. Work with UK HQ, Korean HQ & EU HQ to ensure products are set up with all key UK channel partners in a timely manner ahead of launch.
2. Regularly review the Refrigeration category strategy (alongside Channel Marketing and Brand teams) and support with the delivery of this to ensure it is correctly communicated.
3. Set the £RRP and invoice pricing of Refrigeration products to ensure the product range is competitive for the target market.
4. Analyse weekly sell-out figures to measure performance, identify key trends & ensure performance of the category is delivered, suggesting actions required.
5. Analysis of external data such as GFK to measure performance, identify key trends & ensure performance of the category is delivered, suggesting actions required.
6. Provide information to ensure correct product channelisation, product lifecycle management and investment decisions for the Refrigeration business.
Market Strategy
1. Work with the Brand teams to set the direction for segmentation of Refrigeration products in the UK.
2. Support in developing the quarterly promotional plan & financial simulation for the category, ensuring achievement of key targets and timely approval.
3. Review and suggest reactions to competitor strategy, communicating insights and actions to UK, EU and Korean HQ.
4. Support with product category sign off on all marketing & training assets produced.
P&L Accountability
1. Support in delivering the category monthly margin, revenue and stock targets.
2. Work with the wider UK Home Appliance business units to conduct return on investment analysis on business opportunities in a timely manner.
3. Support with financial modelling & provide scenarios that will help aid decision making.
4. Support with monthly & yearly budget planning cycles ensure they are correctly loaded into systems.
Forecasting & Stock Management
1. Support in inputting weekly forecast into the global supply chain systems.
2. Work with demand planning teams to ensure factory teams have correct levels of product supply to meet targets.
3. Work with the commercial sales team to ensure that any variation to plans are managed and communicated.
4. Ensure that any aged or surplus stocks have clear action plans to resolve issues quickly & proactively.
Launch Management
1. Give to the development of the launch plan for new products within Refrigeration portfolio.
2. Take ownership and co-ordinate with key stakeholders in the launch to ensure overall delivery of the planned strategy.
3. Find new and innovative solutions to deal with any challenges with launch process and creatively overcome long-term challenges and short-term problems.
What we need for this role
To be successful, you will possess the following skills and attributes:
1. Experience of handling large quantities of data to make complicated decisions – intermediate excel skills required.
2. Self-motivator and self-starter.
3. Ability to break complex problems down into simple, relevant solutions.
4. Flexible & adaptable with ability to work in cross functional teams.
5. Ability to work at a fast pace, with accuracy, in a changing environment across multiple projects.
6. Ability to make decisions with full understanding of impacts and wider business trade offs.
7. Excellent attention to detail.
8. Excellent verbal, written and presentation skills.
9. Creative thinking - find a way forward when barriers appear.
10. Outstanding communications skills comfortable speaking publicly at all levels.
11. Strong and flexible Interpersonal skills when interacting with colleagues of different nationalities and cultures.
What does success look like?
A well rounded blend of:
1. High level commercial competence.
2. Advanced data-handling capability.
3. Well-developed creative problem solving skills.
4. The ability to deliver excellence in collaboration.
5. Tenacity and resilience in a fast paced environment.
Success in the first 6 months will look like:
1. Gain a full understanding of the UK Refrigeration Strategy & products in the range.
2. Understanding & competent in the use of key Samsung processes and systems.
3. Strong relationships built within the product management team and wider Home Appliance teams.
4. Understand how you can support the business in achievement of its objectives for the category.
5. Driving the implementation of key launches, promotional planning & forecasting.
Success will be measured by:
1. Overall support offered in the achievement of the category metrics, including;
2. Meeting quarterly and yearly targets for Volume, Revenue, Profit, Net Dealer Price.
3. Category Mix performance.
4. Accuracy of commercial forecasts alongside Quality and reliability of reporting.
The interview process
Two stage interview process – 1 Stage with Hiring Manager, (Senior Product Manager) if shortlisted; 2nd stage will be Technical assessment (analytics and presentation of findings) and meeting the Head of Product Management.
Skills and Qualifications
Benefits of working at Samsung include
1. Hybrid working – 3 days in the office and 2 days at home per week.
2. Bonus scheme linked to individual, team and company performance.
3. Pension contribution.
4. Three volunteering days each year.
5. Holiday - 25 days plus bank holidays and an additional day off for your birthday.
6. Access to discounts on a wide range of Samsung products.
7. Access to a discount shopping portal.
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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