Senior Product Manager

Lifetime Brands is seeking a Senior Product Manager to lead a key Home Decor category in Medford, Massachusetts, in a hybrid work setup. The role centers on developing innovative products, improving the profitability of existing lines, and guiding category managers, all while coordinating across internal teams and retailer partners.

Responsibilities

• Own the category's sales and gross margin dollars, with a target to maintain or increase gross margin percentage over the year.
• Drive innovation through new concepts, pricing approaches, packaging, and presentation ideas.
• Put the end consumer at the forefront to ensure products connect with the target customer.
• Engage with a range of retailers, from traditional brick-and-mortar to online and mail-order catalog merchants.
• Provide direct retailer support on packaging, presentations, and execution, delivering programs and products that improve margins while ensuring product placement and ongoing support.
• Coordinate with suppliers to secure accurate and timely information on design, packaging, samples, regulatory and production requirements, and shipping dates.
• Develop an understanding of production processes and materials to better comprehend manufacturing.
• Participate in re-engineering products to achieve targeted price points.
• Ensure on-time delivery of new programs by planning raw material availability, production, inspection, packaging, shipping, and customs considerations.
• Maintain inventory at levels directed by the Division President, including monthly forecast reviews and identification of discontinued or overstock quantities.
• Visit stores regularly to stay informed about competitor activity and to enhance knowledge of factors affecting newness, uniqueness, and creativity.
• Travel overseas to factories as needed to understand materials and production methods used by suppliers within the category.
• Lead cross-functional collaboration to keep timelines on track and ensure timely information sharing.
• Coach and develop Assistant Category Managers and Category Managers to prepare them for the next level.
• Manage the full product lifecycle from concept through requirements, design, development, testing, and launch.

Requirements

• Bachelor’s degree preferred.
• 5 to 7 years of experience in the field or a related area.
• Sourcing experience is required.
• Experience with SAP and/or PDS; ability to work independently in a fast-paced environment.
• Knowledge of gross margin calculations and their application in our business.
• Excellent communication and interpersonal skills, strong time management, and a solid understanding of the retail industry.

Technologies

• SAP
• PDS

Benefits

• Medical, Dental, and Vision plans for employees and their families.
• Flexible Spending Accounts for Health and Dependent Care.
• Short-Term Disability and Long-Term Disability coverage.
• Company-paid Basic Life and Accidental Death & Dismemberment Insurance.
• Eligibility for the company 401(k) plan after 90 days of employment.
• Paid Time Off accrual of 15 days per calendar year for non-warehouse positions; 10 days per calendar year for hourly warehouse positions.
• 10 company-paid holidays.
• Employee product discounts.
• Tuition assistance.
• Employee Assistance Program.
• Volunteer opportunities with 4 hours of paid voluntary time annually.
• Seattle, WA based employees receive commute trip reduction incentives.
• Benefits available to employees working 30 hours or more.
• Voluntary benefits.