The Freighter Group are currently expanding operations and currently require the services of a Parts Portfolio Manager. As the Parts Portfolio Manager you will oversee the product range, pricing strategy, and inventory management for our extensive catalogue of spare parts. This role is essential for optimising our offerings, ensuring competitiveness in the market, and maintaining an inventory that meets customer demands without overstocking. The successful candidate will bring strong analytical abilities, market insight, and a proactive approach to portfolio management, with a particular focus on enhancing the supply chain and customer satisfaction. Our business is presently undergoing a growth phase and aligned with international partners. The key is a transition from a traditional manufacturer to a state-of-the-art production facility with a major investment being injected to fully automate our plant.
Key Responsibilities: Product Range Management:
Develop and refine the spare parts portfolio, ensuring alignment with customer needs and market trends.
Work with the product development team to identify and introduce new products or variations to meet emerging demands.
Conduct regular reviews of the product portfolio to determine performance, recommending additions, discontinuations, or adjustments as necessary. Pricing Strategy:
Implement effective pricing management processes and procedures based on market analysis, cost considerations, and competitor benchmarking.
Regularly review and adjust prices to remain competitive and maximise profitability while ensuring value for customers. Inventory and Supply Chain Optimisation:
Collaborate with the procurement and warehouse teams to manage inventory levels, focusing on stock turnover and demand forecasting.
Use SAP S/4HANA (our ERP system), to monitor inventory levels and trends, addressing slow-moving items and optimising stock availability.
Coordinate with suppliers to ensure timely delivery and replenishment, maintaining optimal stock levels in all retail and distribution locations. Market Analysis and Customer Insights:
Conduct regular and ongoing market and competitor analysis to stay informed of industry trends and identify opportunities for product range expansion.
Gather and interpret customer feedback through direct engagement, surveys, and sales data, using insights to shape the portfolio strategy. Sales Support and Promotional Planning:
Partner with the sales team to develop promotional strategies and ensure product availability aligns with sales goals.
Support sales efforts by providing detailed product knowledge, assisting with inquiries, and working on special pricing for large accounts or recurring clients. Data Integration and ERP Management:
Oversee the integration of supplier and market data into SAP S/4HANA, ensuring information is accessible for decision-making across departments.
Collaborate with IT and data teams to refine data collection and analysis methods for inventory, sales, and market information. Key Performance Indicators (KPIs): Portfolio growth and profitability. Inventory turnover rate and stock optimization metrics. Customer satisfaction and repeat sales percentage. Effective price adjustments based on competitor and market analysis. Timely and accurate data integration and utilisation in SAP. Qualifications: Bachelor's degree in Business, Marketing, Supply Chain Management, or a related field; and/or equivalent experience. 3-5 years of experience in product management, pricing, or portfolio management within the manufacturing or automotive (specifically semi-trailer) industry preferred. Proficiency with ERP systems (SAP S/4HANA experience highly desirable). Strong analytical skills and experience working with sales and market data. Excellent organisational skills with strong attention to detail. Proven ability to work collaboratively with cross-functional teams. Skills and Competencies: Analytical Skills: Ability to interpret data and make strategic decisions to enhance product offerings. Strategic Mindset: A proactive approach to identifying market trends and business opportunities. Communication: Excellent verbal and written communication skills for internal coordination and customer interactions. Problem-Solving: Resourcefulness in addressing inventory challenges, customer demands, and market shifts. Technology Proficiency: Familiarity with ERP systems, especially SAP, and data analysis tools. #J-18808-Ljbffr