Description

Title: Product Development/Sourcing ManagerReports to: VP of Merchandising Type: Full-time; 40 hours/weekClassification: Exempt

Summary of Position:

Do you have a passion for Martial Arts and creating new products and sourcing them from all over the world? If so, this is the position for you. This role will develop and refine products from the concept stage to launch to market along with selecting suppliers and manufacturers to produce components and finished products for Century Martial Arts.

Essential Functions:

• Analyze current products to ensure it is still viable to the overall performance goals of the company.
• Define product strategy and roadmap.
• Deliver KPIs to management.
• Responsible for conducting rigorous research.
• Identify Gaps in product assortment.
• Prepare short and long-term sales and margin contribution forecasts for new product launches.
• Determine product pricing.
• Be the first point of collaboration with vendors in the development process.
• Negotiate costs with vendors.
• Responsible for leading multiple projects.
• Understand quality & compliance requirements (CPSIA)
• Manage a product from inception to launch.
• Work with an engineering (R&D) counterpart
• Work with a marketing counterpart by providing strategic reasoning for new product introductions including product platform, features & benefits.
• Must be a team player.

Competencies (knowledge, skills, abilities):

• Three-plus years of experience in Product Development and or Sourcing 
• Bachelor’s Degree
• Advanced knowledge regarding competition.
• Advanced knowledge regarding raw materials.
• Knowledge of Technology & manufacturing processes
• The position may require some travel <10%
• Demonstrated success in defining and launching products.
• Excellent written and verbal communication skills
• Proven ability to influence cross-functional teams without formal authority.
• Skilled in Illustrator and Photoshop
• Good organizational skills
• Flexible attitude
• A Martial Arts Background is not required but is a plus.

Work environment:Typical office conditions – no exposure to adverse environmental conditions or loud noises

Physical Demands:

• Sitting – 90% daily
• Bending, crouching, stooping, kneeling, standing, or walking – 10% daily (occasional)
• Visual acuity (20/40 – correctable by glasses/contacts)
• Repetitive motions such as typing
• Occasional lifting, pushing, pulling
• Talking and Hearing

Travel:up to10% annually

*Other duties, responsibilities, and activities may change or be assigned at any time with or without notice.

Qualifications