Product Manager-Parts & Supplies

Duties and Responsibilities

 

Product Portfolio Management:

• Develop and execute a comprehensive product strategy to drive sales growth and profitability, aligned with business objectives and market trends.

• Analyze market trends, customer needs, and competitor activity to inform product decisions, and provide actionable insights to stakeholders.

• Manage product life cycles, including product introductions, phase-outs, and substitutions, to optimize product offerings and minimize waste.  

Vendor Management:

• Build and maintain strong relationships with key vendors to negotiate favorable terms, pricing, and programs.

• Develop and execute vendor management strategies to optimize product offerings, pricing, and inventory levels.

• Collaborate with vendors to develop new products, promotions, and marketing initiatives,and to identify opportunities for growth and improvement.

Sales Strategy and Execution:

• Collaborate with the sales team to develop and execute account plans, sales forecasts, and sales strategies.

Market Analysis and Intelligence:

• Conduct market research and analysis to stay informed about industry trends, customer needs, and competitor activity.

• Provide market insights and recommendations to inform business decisions.

Marketing and Merchandising:

• Collaborate with the marketing team to develop and execute marketing strategies and campaigns.

• Develop and execute merchandising strategies to optimize product displays, promotions, and pricing.

Inventory Management:

• Analyze and manage inventory levels to ensure optimal stocking levels and minimize stockouts.

• Develop and execute inventory management strategies to optimize inventory turnover and profitability. 

Performance Management:

• Develop and track key performance indicators (KPIs) to measure business performance.

• Analyze and report on business performance to inform strategic decisions.

In addition to the above responsibilities, this individual is held accountable for all other duties as assigned.

 

Required Qualifications:

• 5+ years of experience in the HVAC industry, preferably in a product management or sales

• Bachelor's degree in Business, Marketing, or a related field.

• Excellent analytical, communication, and negotiation skills.

• Strong business acumen and strategic thinking.

• Experience with inventory management, pricing, and sales strategy.

• Familiarity with HVAC industry trends, products, and technologies. 

• Proficiency in Microsoft Office, particularly Excel, and ability to learn new software systems

• Experienced at analyzing data and using data analytics to drive business decisions.

 

 

Preferred Qualifications

 

• Industry certifications, such as NATE or R-410A, are a plus.

 

Education/Experience:

 

Minimum 4 Year / Bachelor's degree in Business, Marketing, or a related field.

 

Years of Experience: 

5+ years of experience in the HVAC industry, preferably in a product management or sales role.

 

Work Schedule: Hybrid

 

Physical Demands          Demand Frequency

 

Sedentary – Lifting 0-10 pounds Occasional

 

Light Lifting – 10-20 pounds Never

 

Moderate Lifting – 20 to 50 pounds Never

 

Heavy Lifting – 50 to 100 pounds Never

 

Pulling/Pushing, Carrying Never

 

Reaching or working above shoulder Never

 

Walking Occasional

 

Standing Occasional

 

Sitting Frequent

 

Stooping Never

 

Kneeling Never

 

Repeated Bending Never

 

Climbing Never

 

Desk Work/Computer use/Telephone use Constant

 

Operating a motor vehicle Never

 

Operating a commercial vehicle Never

 

Operating warehouse equipment, forklift, baseloid lift etc Never

 

Other – Talk, Drive, visit customers etc. Frequent

 

EEO Statement:

Watsco and its subsidiaries are an Equal Opportunity Employer and do not discriminate on the basis of age, color, race, religion, disability, sex, or national origin. We support a diverse and inclusive workplace where we employ, retain, terminate, and otherwise treat all employees and job applicants on the basis of merit, qualifications and competence.

Qualifications

The Parts & Supplies Product Manager is responsible for managing the product portfolio, vendor relationships, and sales strategy for our Parts and Supplies business. This role requires a deep understanding of the HVAC industry, excellent analytical and communication skills, and the ability to drive business growth through strategic planning and execution.