Strategic Product Segment Lead, North America

Newark Electronics; Richfield Township (OH); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Paid time off

401K & Pension

Health insurance

Education assistance

Employee development

Disability insurance

Job summary

Newark Electronics in North America seeks a Product Segment Manager to own the strategic management of a product technology, driving sales, margin, asset management and market share KPIs across the region.

You will manage the product range lifecycle, negotiate with suppliers, coordinate cross-functional teams, and ensure marketing programs and training align with business goals. The role demands leadership and data-driven decisions across time zones.

Qualifications

• Typically 5+ years with bachelor's degree or equivalent.
• Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.
• Extensive knowledge and application of principles, theories and concepts.

Responsibilities

• Accountable for creating and driving the overall product strategy to achieve the defined sales, margin, asset management and market share KPI’s
• Manages the product range - managing the portfolio of products throughout their life cycle – e.g. new technology and franchise negotiations and introductions, product range extensions, inventory depth decisions and exiting end of life products
• Manages the full relationship and business development plans (including review meetings and industry events) within the product business unit to help achieve defined KPI’s/commercial terms.
• Potential to lead the strategic relationship with suppliers that sit across several business units.
• Accountable for the commercial and contractual supplier terms
• Accountable for both the buy and sell price aspects of the product business unit to deliver margin growth and price sustainability.
• Manages the overall inventory health : including budgets, influencing turns, line fill and provision & excess to achieve the defined KPI’s
• Partners with stakeholders to ensure all marketing programs are planned and executed on time, Product strategy is communicated and training provided to sales teams and strategic e-commerce plans developed
• Provides market insights and knowledge to influence the success of the business unit and wider company, including new suppliers, technology trends, and changes in customer demand within assigned portfolio including supplier market share data.
• Administration of assigned products throughout their life cycle. Including; system maintenance, ensuring products are in the optimum saleable position, PDD co-ordination, product maintenance / housekeeping and ad-hoc analytics
• Accountable for resolving customer issues including liaising with suppliers in multiple time-zones to resolve issues in a timely manner
• Cooperate with commercial marketing and suppliers to provide content for agreed marketing activities.

Skills

Product strategy

Portfolio management

Supplier relationship

Market insights

Cross-functional leadership

Education

Bachelor's degree or equivalent

Job description

Newark Electronics in North America seeks a Product Segment Manager to own the strategic management of a product technology, driving sales, margin, asset management and market share KPIs across the region.

You will manage the product range lifecycle, negotiate with suppliers, coordinate cross-functional teams, and ensure marketing programs and training align with business goals. The role demands leadership and data-driven decisions across time zones.