Position: Product Development Manager
Location: Woodland Hills, CA
FLSA Classification: Exempt, Full-Time
Required Travel: 20%
Organization
For over 30 years Abbyson has taken great pride in being a family-based home furnishings brand that continually redefines itself through modern-day living. Our strategically aligned, full-spectrum business model and operations allows us to fully service major online furniture retailers and the core audience that is driving today's market. We understand the modern furniture buyer and consumer on a deeper level as well as have a keen eye on the popular trends that are driving online traffic and furniture sales. That's why our mission has always been to help them bring their homes to life with quality furniture at unbeatable prices.
We believe that talent is defined by the collective behavior of each and every individual that makes this company great. Abbyson takes pride in hiring world-class, diverse talent and offering competitive total compensation packages. Compensation includes, but is not limited to, cash compensation through annual bonus structure, comprehensive medical benefits, employer-sponsored retirement plans, generous time off and fun cultural activities throughout the year.
Description
Product Development Manager (PDM) represents Product Merchandising & Product Development as a key member of Abbyson’s Management Team. The PDM works closely with all members from the Sales, Marketing, Sourcing & Manufacturing team, under the guidance of Executive Leadership.
The Product Development Manager shall collaborate with internal and external stakeholders to develop and execute omni-channel merchandising and brand positioning strategies for Abbyson. The PDM shall refine the product vision, product roadmap, build product requirements documents with detailed functional requirements, and be a subject matter expert in all facets of merchandising.
Core Responsibilities- Lead Merchandising and defining brand aesthetic and product strategies to position the company for growth and profitability
- Increase brand sales and market share, meet and exceed net profit goals through the effective sourcing of affordable, brand appropriate material and finished goods suppliers. Establish control-related standards and procedures
- Support and drive the development process encompassing sample management, design aesthetic, quality, margin requirement, and time lines
- Introduced new and innovative product categories and collaboration opportunities to grow business including partnerships opportunities
- Strategize to Improve Productivity, Merchandising, Quality, and Efficiency of Operations
- Oversee production process of all new product roll outs and follow timeline for product releases
- Work closely with Executive Leadership to generate seasonal ideas for campaigns and brand initiatives
- Operate with working knowledge of the development process and maintain the Product Development Timeline
- Support the review of prototypes to meet deadlines with a focus on product execution, consistency of details, and target margin
- Send development packages to overseas for sampling and design concepts
- Contributing to the Digital Product Roadmap and translating the product vision and strategy into short term and long-term goals
- Identify potential risk to upper management and implementation resolutions
Essential Functions- Establish a Merchandising and Product Development Plan and Strategy
- Own product development from inception to completion, including designs, trends, and the complete sample process
- Own product requirement definition and documentation that define product enhancements and development initiatives
- Conduct product brainstorm sessions with inter-departmental teams to define product and technology requirements and strategies
- Participate in product design activities, wireframes, flow charting, and mockups that generate user-friendly solutions that provide clear end-user benefits and differentiation from competitor products
- Assess stakeholder needs, technology trends, and major competitors in order to synthesize product and technical requirements
- Conduct research on various aspects of the business to provide in-depth analysis on various products, projects, and business opportunities
- Develop, deploy and implement global product development strategy to deliver maximum value, leverage and standardization
- Identify and execute total cost reduction opportunities
- Lead and support cross function project teams as required to meet or exceed expectation on target costs and timeline
- Recommend and implement best practice for areas of responsibility
- Continually provide insight into industry best practices, design trends, and content generation ideas
- Works with other functions to support new product launches, line extensions, and execution of continuous improvement programs for indirect goods and services in scope for the role
- Build target cost matrix and establish budget parameters based on planned wholesale and retail costs.
- Calculate landed costs for all imported raw materials and finished goods
- Create and update cost sheets at each stage of merchandising and new product development
- Partner with Manufacturing Team to oversee Manufacturing Productivity and Efficiency. Partner with Sales Team to ensure financial goals are met and exceeded
Requirements- 7 years of import and merchandising and product development experience within home furnishings/apparel/consumer goods
- Bachelor's Degree from an accredited university and/or related import work experience
- Strong leadership skills with technical background
- Ability to solve issues quickly and decisively
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Abbyson provides equal employment opportunities (EEO) to all applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Abbyson complies with applicable state and local laws governing non-discrimination in employment in every location in which the company operates. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
All. Together. Now.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Abbyson provides equal employment opportunities (EEO) to all applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state, and local laws. Abbyson complies with applicable state and local laws governing non-discrimination in employment in every location in which the company operates. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.