Product Manager-Parts & Supplies
WatscoD uties and Responsibilities Product Portfolio Management: Develop and execute a comprehensive product strategy to drive sales growth and profitability, aligned with business objectives and market trends. Analyze market trends, customer needs, and competitor activity to inform product decisions, and provide actionable insights to stakeholders. Manage product life cycles, including product introductions, phase-outs, and substitutions, to optimize product offerings and minimize waste. Vendor Management: Build and maintain strong relationships with key vendors to negotiate favorable terms, pricing, and programs. Develop and execute vendor management strategies to optimize product offerings, pricing, and inventory levels. Collaborate with vendors to develop new products, promotions, and marketing initiatives,and to identify opportunities for growth and improvement. Sales Strategy and Execution : Collaborate with the sales team to develop and execute account plans, sales forecasts, and sales strategies. Market Analysis and Intelligence: Conduct market research and analysis to stay informed about industry trends, customer needs, and competitor activity. Provide market insights and recommendations to inform business decisions. Marketing and Merchandising: Collaborate with the marketing team to develop and execute marketing strategies and campaigns. Develop and execute merchandising strategies to optimize product displays, promotions, and pricing. Inventory Management: Analyze and manage inventory levels to ensure optimal stocking levels and minimize stockouts. Develop and execute inventory management strategies to optimize inventory turnover and profitability. Performance Management: Develop and track key performance indicators (KPIs) to measure business performance. Analyze and report on business performance to inform strategic decisions. In addition to the above responsibilities, this individual is held accountable for all other duties as assigned. Required Qualifications: 5+ years of experience in the HVAC industry, preferably in a product management or sales Bachelor's degree in Business, Marketing, or a related field. Excellent analytical, communication, and negotiation skills. Strong business acumen and strategic thinking. Experience with inventory management, pricing, and sales strategy. Familiarity with HVAC industry trends, products, and technologies. Proficiency in Microsoft Office, particularly Excel, and ability to learn new software systems Experienced at analyzing data and using data analytics to drive business decisions. Preferred Qualifications • Industry certifications, such as NATE or R-410A, are a plus. Education/Experience: Minimum 4 Year / Bachelor's degree in Business, Marketing, or a r elated field. Years of Experience: 5+ years of experience in the HVAC industry, preferably in a product management or sales role. Work Schedule: Hybrid Physical Demands Demand Frequency Sedentary – Lifting 0-10 pounds Occasional Light Lifting – 10-20 pounds Never Moderate Lifting – 20 to 50 pounds Never Heavy Lifting – 50 to 100 pounds Never Pulling/Pushing, Carrying Never Reaching or working above shoulder Never Walking Occasional Standing Occasional Sitting Frequent Stooping Never Kneeling Never Repeated Bending Never Climbing Never Desk Work/Computer use/Telephone use Constant Operating a motor vehicle Never Operating a commercial vehicle Never Operating warehouse equipment, forklift, baseloid lift etc Never Other – Talk, Drive, visit customers etc. Frequent EEO Statement: Watsco and its subsidiaries are an Equal Opportunity Employer and do not discriminate on the basis of age, color, race, religion, disability, sex, or national origin. We support a diverse and inclusive workplace where we employ, retain, terminate, and otherwise treat all employees and job applicants on the basis of merit, qualifications and competence. The Parts & Supplies Product Manager is responsible for managing the pro…