Regional Product Associate

4 months ago


Bengaluru, India MSI Services Pvt Ltd Full time

SUMMARY: The Regional Product Associate will partner cross-functionally with various departments by participating in forecasting, demand planning, inventory ordering, and safety stock determination to ensure top fill rate performance in the industry. The position will focus on partnering and assisting the, product lifecycle and portfolio management, profit optimization, inventory flow management, and strategic global sourcing. Strongly driven and ready to be part of the key department in the largest flooring, wall, and countertop distributor in America, ranked as the 20th largest importer of any goods in the United States.


ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • The position is wide in scope of responsibilities and requires the candidate to be able to analyze and execute quickly, tackling and straddling multiple responsibilities simultaneously.
  • Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
  • Create demand forecasts at various levels of aggregation and seasonality as a component of demand planning.
  • Help develop sales and marketing attributes and communicate them to the sales team to drive sales.
  • Provide input to the National Product Team in developing inventory strategies on existing items, new products, and discontinued products.
  • Review competitive market dynamics to identify opportunities and maximize monetization.
  • Oversee incoming and outgoing internal transfers to maintain optimal inventory levels to meet turn targets.
  • Identify slow-moving and obsolete inventory (SLOB) and manage the markdown/close-out process.
  • Address demand-related queries and issues in a timely manner.
  • Analyze product life cycle at a regional level
  • Create ad-hoc reports.
  • The candidate must have a high level of curiosity and a propensity to ask the right questions.
  • The candidate must be aggressive in execution but fluid and agreeable in collaborative settings.


DESIRED CANDIDATE PROFILE

  • Bachelor’s degree is required.
  • Minimum of 1 years of analytical role preferred.
  • High level of comfort in working with details (Self learner).
  • Experience in sourcing and product development is desired but not necessary.
  • Superb analytical and critical thinking skills, as proven by academic records and/or demonstrable work experience.
  • Must be highly capable working in fast-paced, fast-growth environment.
  • Requires strong organization skills and must be able to work independently with minimal supervision.
  • Excellent communication skills: presentation, writing, and delivery.
  • Excel experience required: intermediate (pivot, v-, h- lookups) to advanced (macro).



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