Product Manager

2 weeks ago


Mumbai, Maharashtra, India JSW Steel Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Role:

Product Manager Retail Sales

Location: Mumbai

Purpose - Why does this role exist?

  • The role is to focus on developing, driving and implementing Branded GL/GC marketing activities in order to enhance its Retail sales.
  • Act as a facilitator between branding team and Regional Sales teams for Branded GL/GC sales & marketing activities
  • Responsible for Branded GL/GC & Projects Retail Annual Sales targets
  • Formulate Sales & Marketing strategy for Branded GL/GC keeping in view market size, product mix, geography mix, market needs, competitive land scape, consumer insights, brand framework and various internal & external constraints
  • Efficiently handle business complexity arising due to various manufacturing units & multiple SKUs, supply chain constraints, mill loading pressure and market conflicts
  • Driving & supporting regional Sales teams to achieve aggressive business volume targets
  • Achieve Sales targets while optimizing NSR & EBIDTA taking into consideration sustainable price levels vis--vis competition & internal costing constraints
  • Product Management responsibilities for Branded GL/GC & Projects to ensure quality compliance and cater to market needs
  • Understanding consumer behavior to derive insights into roofing segment helping to identify growth drivers & potential business development opportunities
  • Pan India network development for Branded GL/GC & Projects covering various clusters to maximize geography spread
  • Relationship management with internal & external stakeholders
  • Contribute to special projects

Key Result Areas (Key Performance Indicators)

  • Achieve Branded CC Sales volumes, NSR, EBIDTA targets for Branded GL&GC
  • Market visibility
  • Marketing & Branding

Critical Tasks

Planning for Branded GL/GC:

  • Provide information for management by preparing short term and long term product sales forecasts
  • Develop monthly line wise / Plant wise sales plan in-line with organizational goals & addressing business complexity
  • Identify key challenges & enablers to achieve milestones in-line with Annual Business plan
  • Market size study Geography wise, SKU wise & competition wise to assess market share
  • Keep a close tab on competition new offerings in colour coated product & market trends to evolve dynamic market strategy for Branded GL/GC

Sales:

  • Formulate & execute sales & marketing strategy to achieve annual, quarterly & monthly sales plan for Branded GL/GC taking in account organizational goals & market dynamics
  • Driving & supporting regional sales team to achieve aggressive volume targets
  • Liaison with PPC /CSD/ Logistics/ Operations of various manufacturing units & other 3rd party tie-ups to ensure effective sales execution
  • Ensure market share as per Sales volume targets while sustaining value
  • Ensure timely order booking for mill loading and business continuity
  • Facilitate inventory turnover and product availability by reviewing and adjusting inventory levels across plants & warehouses
  • Liaison with regional teams to liquidate old stocks at plants and stockyards

Market/ Product development:

  • Analyse end application insights to identify new product development opportunities
  • Identify gaps in market reach for GL/GC spanning across rural, semi-urban & urban clusters pan-India
  • Interact with channel partners to explore market opportunities
  • Work closely with branch team to identify and address gaps in market reach
  • Identify opportunities to leverage third party tie-ups to maximize domestic market reach of Branded GL/GC
  • Work closely with central marketing team
  • Ensure branded format appointment as per plan (JSW Shoppe / Explore / Shoppe Connect)
  • Ensure distributor compliance to JSW ways of working (no. of DSRs, compliance to digital initiatives, territory compliance)

Analytics:

  • Drive Sales Analytics framework for Branded GL/GC
  • Analyze Target vs Actual gaps in volume and address root cause for deviation
  • Analyze Branded GL/GC market share SKU-wise & Geography wise
  • Allocate regional marketing budget basis micro-market analysis

Decision making authority (Decisions expected)

  • Order Servicing Compliance
  • Optimise Geography mix and Product mix
  • Inventory Management through liquidation of ageing stocks

Educational Background and Work Experience

  • B.E./ B.Tech top Institute with M.B.A from premium institute
  • 3 - 5 years of prior channel sales/ marketing experience
  • Steel/ Cement/ Paint/ FMCG/ Telecom/ Lubes/ Batteries/ Construction chemicals/ Tyres/ Consumer Durables.

Competencies

  • Decision making & Problem solving
  • Crisis management
  • Team Player
  • Customer focus
  • Relationship building / Interpersonal skill
  • Ownership & drive for results

Key Success Factors – Challenges

  • Close association with regions and central marketing teams
  • Liaison with personnel across plants & managing branch teams to align to the business objectives


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