Tv Product Manager
2 weeks ago
Our client based in Johannesburg Edenvale imports leading edge IT components, systems accessories and much more. They distribute their product range through a national network of authorised dealers, Retailers, E-tailers, System Integrators and Solution providers. This is easily achieved with our client having 7 stocked National Branches across South Africa for customer convenience.
A TV Product Manager takes responsibility for the brand within the business at all levels. The ownership in all its forms is taken by the Product Manager as custodian for the brand. Various factors such as the product’s target market, Channel strategy, the products and prices offered by the competition and how the product fits within the company's business model are all aspects to be considered by the Product Manager. Generally, a Product Manager manages one or more tangible products. The Product Specialist’s title is often used in many ways to describe drastically different duties and responsibilities
KEY ROLES OF A TV PRODUCT MANAGER
Effective Inventory Management including reviewing run rates, understand Vendor’s offers; keep up to date with potential stock shortages; mínimal stock outs a prime objective; redundancy of line items to be considered; ensuring constant availability of fast selling line items; ensuring deals are not lost due to non-availability
Working capital optimization
Understanding optimal stock turns in conjunction with lead time on product plus shipping times
Financial planning to include maximizing credit terms with Vendor, understanding exchange rate implications on stockholding; appreciating the stock ageing and its financial implications; limiting the value of stock over 60 days to accepted parameters for the brand; cost adjustments; returns to Vendor, stock write offs
Practical, strategic, and financial planning to be taken nationally and not just centrally
Maintenance, accuracy, and timeous submission of the pricelist is critical. All products available and in stock MUST be on the pricelist; all stock due to be released and /or arrive in our clients warehouse must be on the PRICELIST/CATALOGUE; updates of ETA’s where given must be accurate; bringing attention to price changes and the introduction of new products
Where special pricing is in place, such pricing must be loaded on FINCON on a weekly basis
Understanding the basis upon which selling prices are calculated and knowing margin parameters within which to operate
Ensure that the buy and sell pricing is competitive
Demo/Evaluation stock must be strictly controlled
Being able to accurately allocate targets that are achievable to salespeople and key accounts monthly, while growing the business
All related paperwork must be kept for a full financial year and be filed for any query from either management or Vendor
Logistics to accurately supply ETA to sales team regularly and if no ETA, the product must be notified as on order with no ETA
Profitability of product range, margin maintenance and corrective action on all items sold at a loss
Manage purchase order database so that all items appearing as on order are in fact on order; ensuring ETAs are given and updated on a regular basis
Backorder management to ensure legitimacy of orders on FINCON
Personally check accuracy of with the correct prefixes and correct product category so reporting for us and Vendor, where relevant, is seamless
Ensuring new codes are loaded on FINCON correctly with the correct prefixes and correct product category so reporting for ourselves and Vendor, where relevant, is seamless
At month end, you must complete the Budget File inserting performance figures vs targets, stockholding values per branch, This will calculate your number of working days of inventory; percentage growth/decline of revenue; percentage deviation from Budget and percentage of aged/distressed stock versus total stockholding
Be prepared to present your products overall performance to the Company Executive, whenever required
**Requirements**:
Grade 12
1 to 2 years managerial experience in the electronics industry
Valid Driver’s License
Preference will be given to applicants who have a knowledge in the I.T sector
Have a good understanding of the businesses' products or services and be able to advise others about them
Business-to-business (B2B) sales experience essential
Comfortable engaging with customers and closing deals
Must have a great EQ - fun bubbly personality wanting to learn and interact
Customer Focused
Punctuality, Reliability, and Integrity
Self Confidence
**Salary**:
R10 000 basic with discussion of incentives incentives
3-month probation period applies
**Working hours**:
Mon-Friday 8am to 5pm (additional hours may be required operationally
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