Head of Product – Locks & Ironmongery

description Job Description

checklist Qualifications & Requirements

• check_circle • s & Experience Bachelor's degree in Business Administration, Marketing, Supply Chain Management, Engineering, or a related discipline. Professional qualifications in Product Management, Procurement, or Supply Chain Management will be an added advantage. Minimum of five (5) years' experience in Product Management, Category Management, or Business Development within the hardware, locks, ironmongery, construction, or building materials industry. Proven experience managing supplier relationships and leading commercial negotiations. Demonstrated success in driving product profitability and category growth. Experience in inventory planning and demand forecasting is highly desirable.

psychology Required Skills

task_alt Responsibilities

• arrow_right • Product Strategy & category Develop and execute product and category strategies that achieve sales, market share, and profitability objectives. Manage the complete product lifecycle, including product sourcing, range development, pricing, product rationalization, and discontinuation. Identify market trends, customer needs, competitor activities, and emerging product opportunities to maintain a competitive product portfolio. Drive innovation through the introduction of new products and enhancement of existing product lines. Commercial & Supplier Management Develop and maintain strong strategic relationships with local and international suppliers. Lead commercial negotiations to secure competitive pricing, favorable payment terms, rebates, and supply agreements. Monitor supplier performance, ensuring quality, reliability, and cost efficiency. Inventory & Supply Chain Management Collaborate with Purchasing and Supply Chain teams to ensure optimum stock availability and inventory planning. Monitor inventory levels to maximize stock turnover while minimizing excess inventory, stock-outs, and obsolete stock. Support forecasting and demand planning activities to align inventory with business requirements. Cross-Functional Leadership Work closely with Sales, Marketing, Purchasing, Finance, and Operations to ensure successful product launches and effective market penetration. Provide technical product knowledge, training, and ongoing support to internal teams and customers. Support the sales team with product positioning, pricing strategies, and customer solutions. Performance Management & Reporting Monitor product sales, margins, profitability, and overall category performance. Analyze sales trends and recommend corrective actions to improve business performance. Prepare regular management reports covering product performance, market developments, supplier performance, and competitor analysis. Ensure compliance with company policies, quality standards, and relevant industry regulations. Technical