Product and Buying Director job in Watton, Norfolk

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Job Title: Product and Buying Director
Job Type: Permanent
Location: Watton, Norfolk
Salary: £85000/annum
Company: CV-Library
Category: Retail/Purchasing
Benefits:

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Job Description:
CV-Library jobs

Head Hunted Recruitment are working exclusively with an award winning Norfolk based business who are one of the largest in their sector and boasting a strong market presence, the company are in the process of adding to their already strong management team by bringing in an experienced and knowledgeable Product and Buying Director.
The Product and Buying Director will be part of the company leadership team, developing company strategy; in particular leading product and supplier strategy.
Responsibility for an International office this Product and Buying Director role will see you travelling to Hong Kong as well as having overall responsibility for the product cost, supplier terms and responsible for sales and gross profitability.
This position would ideally suit a candidate who has a minimum of ten years’ experience within a comparable consumer products business, managing the relationship with suppliers including cost and terms negotiation including significant experience of working with and managing Far Eastern or other non-EU suppliers.
We would be particularly interested to hear from candidates with experience of either consumer household goods or consumer outdoor product categories.
Specific Job Responsibilities:
Business leadership and strategy development
* Contribute to company strategy development with focus on product and supplier strategy
Category research and planning
* Monitor product and range performance throughout the product lifecycle
* Collate and interpret market reviews to inform competitive positioning, including pricing, product positioning (quality, specification)
* Attend trade events and fairs and visit manufacturing sites internationally as required for sourcing products and suppliers, and report back to the business opportunities and findings
* With sales colleagues, meet with customers to better understand customer requirements and opportunities within the category
* Define and recommend product category development through NPD and define discontinuations within existing categories
Supplier and product cost management
* Manage the performance of suppliers with and through the UK category management team and the Hong Kong office
Supplier OTIF (with supply chain)
Product quality
Negotiate and establish target product costs, monitor and act on variances
Negotiate supplier terms
Product selling price management
* Establish and set optimal product RSPs to maximise gross profitability
* Provide product category gross margin guidance for account managers where net pricing is used
* Seek input on product pricing from sales colleagues and senior other management.
Product Development
* Identify new products and new ranges through detailed market knowledge, customer visits, exhibition visits and factory visits
* Determine product and packaging specifications and designs
* Maintain a detailed record of all active projects and provide frequent and accurate updates of progress against timelines to stakeholders
* Formally record bronze and silver signoffs according to the timeline requirements
* Create a detailed and accurate specification sheet suitable for manufacturing and QA purposes
* Prepare detailed artwork and packaging brief for the marketing team, and provide technical sign-off on the artwork to ensure that claims and statements are accurate and substantiated
* Ensure the manufacturer provides all samples of product and packaging as required by the company and its customers, in a timely manner, and record and report approvals or amends accordingly
* Progress developments through a structured sample and costing process, including:
Develop costed product briefs for internal approval (Bronze seal)
Select the most commercial manufacturing partner and work through prototyping and sampling stages to gain approval for mass production, including detailed costings and commercials (Silver seal)
* Sign off first-off production samples against agreed samples and spec (Gold Seal)
* Ensure on-time, in-full delivery of NPD
Product and supplier file maintenance
* Create and maintain a complete and accurate database of product specifications
* Create and maintain a complete and accurate database of all conformance documentation, including Safety Data Sheets, electrical safety compliance, REACH compliance and other such reports and certificates that are required by the business
* Maintain an approved sample area for reference purposes
* Managing others, including vendors, to support these provisions, as and when appropriate in order to meet the businesses requirements
* Create and maintain a complete and accurate database of product related suppliers to the business, including alternative suppliers
General Responsibilities
Contribute to company wide discussions as a member of the leadership team, representing the viewpoint of the Category and Supplier management functions.
Provide customer and customer service support and guidance as required
Comply with Health & Safety regulations taking responsibility for the H&S of self and others
Any other reasonably requested task
Relevant Skills and Experience
Experience
Minimum of ten years’ experience in comparable consumer products leadership roles including revenue and gross profit responsibility.
Five years’ experience of managing the relationship with suppliers including cost and terms negotiation including significant experience of working with and managing Far Eastern or other non-EU suppliers
Five years’ experience of controlling the business product offer and the presentation of that offer (format, pricing, packaging, communication)
Skills
Ability to plan and organise workload to meet deadlines
Attention to detail
Ability to communicate confidently and effectively at all levels, both written and verbal
Excellent IT skills, including using Microsoft Excel · A collaborative and open working manner
Good time keeping & flexibility to working hours
This privately owned company has an excellent working culture and are renowned for their innovative product solutions and strong customer relationships.
As Product and Development Director you would receive a very attractive salary circa 85K plus company bonus and benefits

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