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MANAGER - PRODUCT DEVELOPMENT

DAVIE, FL | Full Time
18 Days Ago

Job Description

Overview

Hard Rock International is currently seeking a Product Development Manager. In this role, the ideal candidate will develop merchandise that is in-line with the company’s brand image, financial plans and business strategy. The Product Developer takes all aspects of manufacturing into consideration when designing new merchandise, including the technical processes, fabrications and logistics, to design new products that meet the quality and cost specifications that the company sets forth.    Simultaneously, the Product Development Manager must promote a guest-centric, performance driven retail culture by clearly articulating category and product specific objectives and expectations as well as contribute to the creation of win-win/mutually beneficial scenarios for all internal and external stakeholders.

Responsibilities

Function Specific Activities: Product Development and Assortment Strategy

  • Develop and present the product line to meet financial strategies, maximize assortment incorporating Brand objectives.
  • Source and negotiate business with vendors/licensees worldwide; oversee all aspects of product development and production.
  • Assess the competition with respect to financial condition, trends, merchandising and product strategy; react accordingly to ensure market leadership.
  • Review sales, receipt flow, inventory and margin projections for Open-to-Buy to maximize sales and minimize risks.
  • Ensure the financial success of multiple departments by meeting or exceeding sales, GM, and productivity goals.
  • Develop and establish annual and seasonal assortment plans.
  • Serve as Team Leader of cross functional teams including design, brand, legal and operations.
  • Establish and maintain product development timeline/calendar
  • Provide direction through focusing and clearly communicating the priorities of managing multiple seasons
  • Develop and execute a good/better/best Assortment
  • Account for regional differences to ensure guest satisfaction
  • Implement 70/20/10 rule to keep assortment fresh and relevant
  • Develop and execute contingency plans as necessary to deliver financial results
  • Know what best-in-class looks like & apply knowledge to elevate Hard Rock International Merchandise
    • Conduct Formal Market Visits
    • Establish Price/Value Comparables

 

Leadership

Proactively deploy our People Management and Development routines throughout the year to:

  • Drive our people goal of being a great place to work by:
    • effectively communicating to,
    • growing and leveraging the diversity of,
    • and engaging with and inspiring our people to be the best they can be
  • Provide teams (direct and extended) with relevant training, development, coaching and career support, focusing in particular on those targeted to move into larger roles in the next 3 years
  • Track and improve performance management, career and development planning in overall team or organization
  • Create a performance-driven culture by managing performance in a way that delivers sustainable business results and growth

Qualifications

Education Requirements:

Bachelor s Degree in Business or Equivalent Work Experience

Related Work Experience:

8 years merchandise product development experience

Reports to:

Director of Product Development

Leadership Behaviors:

  • Drive Innovation:  Generate new or unique solutions and embrace new ideas that help grow our business (encompassing everything from continuous improvement to new product innovation)
  • Collaborate with Internal and External Stakeholders: Develop and leverage mutually-beneficial relationships with stakeholders to appropriately stretch and impact Holland America Group
  • Act Like an Owner:   Deliver results, creating value for our brand, our company, our guests and key stakeholders
  • Inspire Others:   Inspire people to deliver our retail mission and vision, demonstrate passion for the business and give people a reason to believe anything is possible
  • Develop Self and OthersDevelop self and support others development to achieve full potential

Growth Behaviors:

  • Growth Mindset:   Thrives on challenge. High capacity for work. Makes things happen.
  • Ruthlessly Prioritize:   Prioritize the most important work, stop work that is not value added to reduce complexity.
  • Smart Risks: Take educated and calculated risks that allow us to win without jeopardizing the company.
  • Fast –1.0, 2.0: Test-and-learn, launch 80% solutions, continuously improve
  • One Team: Own your role, do what is right for the company, trust others to do the same.
  • Set Industry Standards:   Make decisions, communicate plans, lock-arms and follow-through to action, stop ‘selling’ ideas
  • Externally Focused: Understands the retail and cruise industries.    Identify the best industry ideas and how to interpret and apply them to Holland America Group.
  • Empowered: Brings solutions instead of problems. Challenges the status quo. Has the courage to take an unpopular stance.

Functional Skills:

  • Clear understanding of the product development process
  • Successful experience leading internal and external stakeholders.
  • Experience collaborating with internal and external resources in developing and/or contributing to strategic initiatives that meet department goals within budget and established timelines
  • Financial project management experience
  • Experience evaluating information and data to determine ROI and prioritization of programs.
  • Experience planning, developing, and managing operating budgets.
  • Intermediate level skill in Microsoft PowerPoint, Excel, Word
  • Ability to conceptualize big ideas and see ideas through to execution
  • Highly motivated and decisive individual who is self-directed yet works well in a team
  • Excellent written and verbal communication skills
  • Fluent in English, both written and spoken. Other languages are value-added.