Product Manager Sourcing & Development
oro24 developments- Posted 21 hours ago
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Job Description
Job Purpose
The Product Manager will be responsible for identifying, developing, sourcing, and managing a differentiated portfolio of diverse products. The role will own the product lifecycle from market research and concept development through sourcing, testing, pricing, launch, merchandising, and channel expansion, with a strong focus on high-margin, unique, functional, and scalable products.
1. Product Strategy & Selection
Identify and select unique, profitable, and high-demand products that fit the company's business goals.
2. Market & Consumer Understanding
Understand customer needs, market trends, competitors, and identify opportunities for new products.
3. International Sourcing & R&D Interface
Work with international suppliers and R&D teams to source, develop, and improve products, especially from markets like China.
4.Product Development & Modular Concepts
Develop innovative, multifunctional, and space-saving products from the initial idea to the final product.
5.Quality, Testing & Compliance
Ensure products meet required standards for quality, safety, durability, packaging, and certifications.
6.Pricing, Margin & Inventory Logic
Set the right price, maintain healthy profit margins, and manage stock levels based on demand and sales potential.
7.Cross-Functional Ecosystem Ownership
Coordinate with R&D, Procurement, Sales, Marketing, and other teams to ensure smooth product development and execution.
8.Merchandising, Presentation & Placement
Decide how products should be displayed, presented, packaged, and positioned to attract customers and increase sales.
9.E-Commerce & Channel Readiness
Make products ready for online sales and other channels by ensuring proper pricing, descriptions, images, and specifications.
10.Governance, Documentation & Process Discipline
Maintain proper product records, supplier information, certifications, and ensure all product processes are properly followed.
Qualifications & Experience
- Bachelor's degree in business, Product Management, Retail, Supply Chain, Engineering, Design, Marketing, or a related field.
- 5+ years of experience in product management, product development, sourcing, retail, home décor, furniture, consumer products, or a related industry.
- Experience working with manufacturers and suppliers, preferably in China or other international sourcing markets.
- Strong understanding of product costing, pricing, margins, quality, and inventory management.
- Experience in developing products from concept to commercial launch.
- Strong commercial and analytical mindset with a demonstrated ability to identify profitable product opportunities.
Key Competencies
- Product strategy and commercial thinking
- Market and consumer research
- Product development and innovation
- Supplier and manufacturer management
- Negotiation and cost management
- Quality and value engineering
- Pricing and margin analysis
- Project and stakeholder management
- Strong analytical and decision-making skills
- Creative and design-oriented thinking
- Strong attention to detail and process discipline
