Associate Product Manager - Value Added Bakery

Company: Rich Products Corporation
Location: Buffalo
Posted on: January 26, 2023

Job Description:

Rich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working in 100 locations globally, with annual sales exceeding $4 billion, Rich's is a global leader with a focus on everything that family makes possible. Rich's --Infinite Possibilities. One Family.PURPOSE STATEMENTAn Associate Product Manager, Value Added Bakery is responsible for supporting the planning and execution of the product category strategy and the management of assigned category.This is a hybrid role and this professional must be able to work in our world headquarters in Buffalo, NY Tuesdays-ThursdaysKEY ACCOUNTABILITIES/OUTCOMESPlanning: Partnering with category leadership, contribute to the development of category strategies and plansExecutes assigned category plans to achieve market share, volume and profit targets (including responding to trends, portfolio mapping, innovation/renovation activity)Cross-functional team leadership on key initiatives, products and programsUnderstands the Market : Understands the customer, competitor, consumer and Rich's capabilities and other insights that will be leveraged to shape the categoryPerforms competitive analysis, market quantification and assessmentParticipate in Discovery work to generate new products and platforms within appropriate target segmentsDrives VOCC for customer and consumer and supports the translation into business opportunitiesResponsible for understanding the market to drive insights that help shape strategy and drive outcomesMarketing Management: Partnering with category marketing leadership:Assist in the development and implementation of brand strategy, marketing plans and programs that produce targeted results within budget.Develop plans and collaborate with the Customer/Segment Marketing for assigned categories in order to meet sales and margin targets.Collaborate with Demand Creation COE digital resources to drive demandProduct Management: Partnering with category leadership, provide support in driving the development, maintenance and overall management of the assigned categories to maximize sales and profit potential including:Aggressive renovation of existing products in alignment with overall category strategy.Execute/Lead innovation initiatives within assigned category where appropriate (scope, target customer, pricing strategy, launch strategy, opportunity assessment, P&L, etc.) consulting with category leadership as needed.Develop the ability to drive forecasting process by providing input and oversight of Demand plan, including risks and opportunities for assigned category.Own the P&L for assigned category: actual vs plan; analyze data and make recommendations consulting with category leadership as needed.Perform analysis and make pricing recommendations for new and existing products based on price/value relationships and the competitive set in alignment with product leadershipFinancial Management: P&L analysis to escalate trends to leverage opportunities and manage riskSupport execution of portfolio price increasesManage marketing budget for assigned projects/initiativesKNOWLEDGE/SKILLS/EXPERIENCEBachelor's degree in marketing or related field required (MBA preferred) with 2+ years of experience in a marketing roleDemonstrated strategic thinking skillsDemonstrated financial skills to include P&L analysis and other analysesSolid communication skills to include verbal and written capabilities; strong presentation ability including with all audiences and levels of managementSuccessful track record of uncovering the voice of the customer and interacting with customersDemonstrated ability to organize and prioritize workExperience in the food industry a plusProven track record of taking initiative and delivering resultsSolid software proficiency including Microsoft Office Word, Excel, PowerPoint #CORP123 #LI-RT1 #earlycareersRich Products Corporation, its subsidiaries and affiliates ("Rich's"), are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, gender identity, sexual orientation, marital status or any other legally recognized protected basis under federal, state, or local law. The information collected by this application is solely to determine suitability for employment, verify identity, and maintain employment statistics on applicants.Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Rich's. Please contact Rich's Human Resources department at asc@rich.com if you need assistance completing this application or to otherwise participate in the application process.

Keywords: Rich Products Corporation, Buffalo , Associate Product Manager - Value Added Bakery, Hospitality & Tourism , Buffalo, New York