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Job Description
- Req#: 436351628
- Collaborate with the supply chain, marketing, and retail operations team to create a best in class product assortment.
- Accountable for all aspects of product lifecycle management in assigned product categories, including design and development requirements, forecasting, inventory management, packaging, third party testing, consumer feedback, retail training
- Conduct quantifiable research to identify customer needs and market gaps to drive menu differentiation and product innovation that drive profitability and consumer adoption.
- Manage and grow existing the product line by creating plans to increase sales of existing categories, reduce & eliminate product quality issues, and identify cost reduction/value improvement opportunities
- Consistently analyze product margin and profitability
- Actively communicate status of projects to all project stakeholders, which include the cross functional teams
- Perform market analysis on products, pricing and competition
- Conduct regular category reviews to maximize category assortment and set category strategies.
- Visit key markets regularly to stay informed of competitive and market trends.
- Core Competencies:
- Product Innovation – forward thinking – curious mind
- Data oriented – hands on – in the day to day
- Cannabis market and product knowledge
- Excel ability is above average
- Cultural fit to Lume
- Collaborate with the supply chain, marketing, and retail operations team to create a best in class product assortment.
- Accountable for all aspects of product lifecycle management in assigned product categories, including design and development requirements, forecasting, inventory management, packaging, third party testing, consumer feedback, retail training
- Conduct quantifiable research to identify customer needs and market gaps to drive menu differentiation and product innovation that drive profitability and consumer adoption.
- Manage and grow existing the product line by creating plans to increase sales of existing categories, reduce & eliminate product quality issues, and identify cost reduction/value improvement opportunities
- Consistently analyze product margin and profitability
- Actively communicate status of projects to all project stakeholders, which include the cross functional teams
- Perform market analysis on products, pricing and competition
- Conduct regular category reviews to maximize category assortment and set category strategies.
- Visit key markets regularly to stay informed of competitive and market trends.
- Core Competencies:
- Product Innovation – forward thinking – curious mind
- Data oriented – hands on – in the day to day
- Cannabis market and product knowledge
- Excel ability is above average
- Cultural fit to Lume
- Bachelor’s degree in business management, marketing or a related field
- Excellent communication skills
- Proficient with Microsoft Office Suite, including strong Excel skills
- Ability to work independently and collaboratively in a fast-paced, decentralized environment
- Cannabis experience preferred
- A self-starter who is proactive, takes initiative and can step in and start adding value right away
- Ability to manage multiple high priority projects simultaneously
Requirements
About the company
Cannabis in new Light - Locally grown and hand-trimmed with no shortcuts or compromises.
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