As the Senior Manager of Product Development, you will lead the development of products from ideation to finish within assigned categories leveraging your skills in communication, market knowledge, sales analysis, quality and fit. You’ll develop, monitor, and manage product specifications through the product life cycle to ensure quality and customer needs are met by collaborating with internal and external partners to determine product needs, drive initiatives, resolve issues, and ensure alignment. You will know your designated category and customer needs better than anyone else and are constantly thinking about what is next for the business.
This role is hybrid, which means you will work some days at a Best Buy location and some days virtually from home or another non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.
What you’ll do- Collaborate with category/merchandising management team to provide advice related to product strategies, and providing direction regarding product needs to drive our Exclusive Brands financial performance and brand growth.
- Responsible for providing customized cost-effective quality products to maintain market leadership while maximizing margin opportunities.
- Lead the planning, managing performance, and driving growth for the category and establishing a comprehensive understanding of the competitive landscape while looking for creative ideas to drive business improvements, innovation, and improve the customer experience.
- Identify potential issues during the product life cycle, perform product reviews to identify variances, evaluate products against specifications, perform root cause analysis and recommend solutions to resolve issues.
- Create a cohesive team that supports and encourages all team members to grow both their career goals and the organization’s goals including conducting team member quarterly reviews, talent assessments, and development plans.
Basic qualifications- 5 years of experience in consumer product development, merchandising, or retail branding
- 3 years of experience conveying complex or technical ideas and processes in easy-to-understand terms to diverse audiences
- 1 year of experience developing end-to-end strategy in a category focused role
- Understanding of product trends, industry trends, merchandising, display development and management, and program profitability analysis
- Understanding of requirements of doing business with customer, including all aspects of business, operations, finance, and distribution
Preferred qualifications- Bachelor's degree in IT, Computer Science, Engineering, Business, Marketing, Communications or related field
- Excellent written and verbal communication skills
- Demonstrated ability to collaborate and work effectively with cross-functional teams
- Proficient with Microsoft Office, Specialized with Excel
- Experience at a range of companies including major international product brands and consumer electronics retailers
What’s in it for youWe’re committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.
Our benefits include:
- Competitive pay
- Generous employee discount
- Physical and mental well-being support
About usAs part of the Best Buy team, you’ll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life — in our stores, online and in customers’ homes.
Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We’re committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.™
Best Buy is an equal opportunity employer.
Position Type: Full timePandoLogic. Category:Marketing & Biz Dev, Keywords:Product Development Manager, Location:Minneapolis, MN-55423
