Product Manager

DigiKey; Thief River Falls (MN); Hybrid; USD 35,000 - 48,000; Full time

Job summary

DigiKey is seeking a Product Manager to oversee product and supplier relationships, with a focus on driving growth for designated product lines. The role involves evaluating markets, expanding supplier networks, and coordinating with internal teams to deliver results.

The position emphasizes strong communication, cross-functional collaboration, and a hands-on approach to supplier management and market analysis.

Qualifications

• Associates degree or equivalent in Electronics Technology, Business Management, or similar field.
• Typically 2+ years of business relationship experience.
• Strong understanding of distribution channel functions and company operations.
• Excellent written and verbal communication skills.

Responsibilities

• Build relationships with suppliers globally to drive partnership value.
• Gain product knowledge of assigned suppliers and markets.
• Develop and monitor supplier business plans to achieve results.
• Lead supplier meetings with clear agendas and action follow-ups.
• Monitor sales trends and adjust product line strategy accordingly.

Skills

Business relationships

Distribution channels

Cross-functional teamwork

Communication skills

Analytical thinking

Education

Associate degree

Tools

Microsoft Office

MicroStrategy

Job description

DigiKey is one of the fastest growing distributors of electronic components in the world. In addition to offering the broadest selection of in-stock electronic components and providing the best service possible to customers, employees have access to a highly competitive benefits package. To learn more, visit our benefits and perks page.

Position Overview

The Product Manager's role encompasses the management of the product and, potentially, the technical facets of supplier relations. This entails cultivating strong, mutually beneficial partnerships with suppliers, conducting thorough market and product evaluations, exploring avenues for expansion, and identifying opportunities for new and existing suppliers, all while advancing DigiKey's growth strategy for their designated product lines. Strive and achieve positive momentum as an outside the box thinker. Serving as the key point of contact for your suppliers to drive business results. The Product Manager ensures effective coordination with all assigned suppliers and internal teams.

This is not exclusively an essential onsite role, however, does require onsite attendance

Responsibilities

• Build effective relationships with suppliers globally driving the partnership value
• Gain extensive product knowledge of assigned suppliers and global markets
• Assist in the development and execution of supplier business plan, monitoring said plans to drive to proposed results
• Lead, run and execute supplier meetings: meeting agenda/summary reports/presentation in conjunction with supplier visits; responsible for action item follow-up
• Know , understand and drive activities towards meeting area KPIs|OKRs (e.g. market share, SKU count|new line items, new suppliers, NPI packets, etc.); be able to align & articulate how your actions|recommendations as PM impact those metrics (within your scope of responsibility)
• Review/Maintain/Update Product Manager Check List
• Review and monitor sales trends for product line additions|deletions
• Stay aware of external changes to the business market as well as competitors and supplier public business announcements (e.g. Quarterly Financial Statements|Investor Calls, Mergers & Acquisitions) and to understand the impact to your supplier|product strategy; recommending and executing actions as appropriate
• Offer advanced technical support to customers or internal departments (and/or coordinate supplier resources) as needed|requested
• Ensure NPIsuccess is best in class for assigned suppliers (e.g. speed to market, take rate, etc.)
• Regularly hold SKU breadth review for both global and regional products
• Assist suppliers in the development of relevant content; responsible for maintaining the supplier landing page and all product pages within technology
• Attend supplier training and seminars when needed; providing trip report and executing to action items upon return
• Modify Product Class Code for assigned suppliers|technology category as needed; partner with Product Specialist and Product Data Management team on execution & maintenance
• Train Technical Support personnel with information from supplier trainings or factory visits
• Collaborate with Marketing teams to determine potential promotional activity
• Partner with Asset team in determination for certain inventory initiatives and resolution of escalated technical issues
• Resolve escalated supplier & product data issues and support Product Data Management team in supplier & product data initiatives
• Partner with Operational Excellence on quality issues/SCARS/FA's; partnering with Product Specialist if applicable
• Actively identify opportunities for continued learning (e.g. skills, knowledge, etc); regularly create and take advantage of learning opportunities

Other Typical Tasks May Include

• Review of potential new and existing supplier contracts
• Take on additional responsibilities from Sr. Product Manager
• Participate on cross-functional working teams or tasks forces
• Test system updates and applications
• Participate in the creation of training & documentation of processes as well as the facilitation of training
• Travel - internationally and|or domestically - as needed
• Research suppliers and technologies not currently included on line card for possible addition

Required Knowledge, Skills And Experience

• Associates degree in Electronics Technology, Business Management or a similar field or an equivalent combination of education, experience, and training which provides the required knowledge, skills, and abilities may also be accepted.
• Typically 2+ years of business relationship experience
• Strong understanding of the various functions of a distribution channel and|or company
• Working effectively with cross-functional teams
• Excellent written and verbal communication skills
• Demonstrate the following behavioral competencies: Analytical Capacity, Problem Solving, Thoroughness, Time Management, Communication Proficiency, Project Management

Tools|Systems|Software

• Microsoft Suite (Including but not limited to Teams, Outlook, Excel, etc.)
• MicroStrategy (preferred)

Physical Requirements

• Generally, spend the workday sitting at a workstation and operating computer devices, such as, but not limited to keyboard, mouse and screen
• Generally, spend the workday performing repetitive motions that involve or affect the hands, head, and other parts of your body

Compensation

The base pay range for this position is:

$25.50

to

$35.00

Must be authorized to work in the U.S. without the need for employment-based immigration sponsorship, now or in the future. The employer does not offer immigration sponsorship for this opportunity.

Many factors influence the determination of base pay within a range, including the candidate's work experience in related roles; the candidate's knowledge, skills, capabilities, and performance; the relative pay of other DigiKey employees in similar roles; and the budget available for the position.

DigiKey Electronics is an Equal Opportunity Employer. We encourage all qualified candidates, including protected veterans and individuals with disabilities, and to apply and be considered for open positions.

If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1-800-338-4105 or [e-mail].

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