Product Specialist

Posted 18 Days Ago
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Highland Heights, KY
Entry level
Industrial • Manufacturing
The Role
The Product Specialist manages pricing strategies and customer rebate programs, analyses product profitability, and collaborates cross-functionally. Responsibilities include monitoring product performance and managing inventory.
Summary Generated by Built In

Prysmian is the world leader in the energy and telecom cable systems industry. Each year, the company manufactures thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium low voltage cables for the construction and infrastructure sectors. We also produce a comprehensive range of optical fibers, copper cables and connectivity for voice, video and data transmission for the telecommunication sector.

We are 30,000 employees, across 50+ countries. Everyone at Prysmian has the potential to make their mark; because whatever you do, wherever you are based, you will be part of a company that is helping transform the world around us.

Make Your Mark at Prysmian Group - Join Us

Responsibilities:

Reporting to the Product Manager, as the Product Specialist is accountable for managing elements of pricing strategy, working capital, and customer rebate programs, among other responsibilities.  The Product Specialist will work cross-functionally with Sales, Supply Chain, Engineering and other Business Team members.  Responsibilities in this role include monitoring the performance of assigned product lines, taking action to achieve the sales, operating profit, finished goods inventory plan, and recommending alternative strategies or tactics to improve product line performance.  The position may involve long term assignment to special projects related to the business.

What you’ll do:

  • Drive change through high level, strategic analysis of business practices to target areas of improvement:
  • Identify best practices and establish, document, and monitor performance expectations, policies, and procedures
  • Research Business Development opportunities on both product and market level, provide analysis and prepare presentations per requests
  • Manage the inventory profile in conjunction with Sales and Supply Chain with responsibility to manage the surplus, slow moving and obsolete inventory system
  • Perform customer/product profitability analysis, operating as a key contributor towards maximizing profitability of the Copper Premise business
  • Analyze supply agreements and provide recommendations for pricing strategy, implement pricing strategies consistent with overall business strategies, create and maintain pricing database and reports to maintain a competitive position
  • Coordinate the quotation workflow process and on-boarding of new contractual accounts in conjunction with Sales, Engineering and Supply Chain
  • Review and analyze product cost, pricing, and product mix for daily quotation activity, analyze and update quotation terms and conditions for coordination with the formal quotation process
  • Collaborate with the inside and outside sales team on pricing position and contract opportunities with travel to outside customer sales calls as needed.
  • Review new business opportunities to maximize capacity utilization and establish linkage to end use customer for data reporting purposes
  • Responsible for monthly product class specific forecast of metric tons, revenue, and CM%
  • Recommend gap closure plans as necessary
  • Own the customer complaint system (CCP) and create reports for analyzing customer complaint trends and identification of potential improvement projects
  • Represent team in meetings in absence of the Product Manager
  • Work closely with the Business Unit Financial Analyst on projects as assigned

Qualifications:

  • Minimum of Bachelor’s of Science degree in business, finance, supply chain, or related discipline.
  • Self-starter with ability to work independently and efficiently with strong attention to detail, and adaptable to quickly changing priorities.
  • Proficient in statistical tools including data mining, trend analysis, correlation, and forecasting.
  • Excellent verbal and written communication skills.
  • Strong computer skills, proficient in Excel and Business Objects.

Prysmian, as an Equal Opportunity Employer, aims to attract and recruit individuals with diverse backgrounds, skills, and abilities. We strongly believe that diversity brings significant value at all levels of the organization, increasing the possibility of capturing market opportunities and maximizing value for our customers and stakeholders. With Diversity, Equity, and Inclusion (DE&I) as part of our Social Ambition 2030 and a strategic pillar of our Company culture, Prysmian is committed to the development of an organization that prioritizes talent, where people feel respected, included, and free to fully express their potential just as they are.


All Managers and HRs in Prysmian are responsible for ensuring DE&I policies are respected during the recruiting process, as well as recognizing and mitigating unconscious biases that must not influence our selection processes. All persons will be considered for employment without regard to their race, ethnicity, religion, nationality, origin, citizenship status, socio-economic status, age, sex, gender identity or expression, sexual orientation, marital status, disability, military service or veteran status, pregnancy, parental leave, medical conditions, or any other characteristic protected by applicable federal, state or local laws. Prysmian will endeavor to make a reasonable accommodation for any disclosed physical or neurological condition or disability of a qualified applicant unless the accommodation would impose an undue hardship on the operation of our business.

Visit our DE&I Page to learn more about Prysmian’s commitments.

Your application data will be treated according to our Data Protection Policy. If you believe you require assistance to complete this form or to participate in an interview, please contact us at [email protected].

https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf

https://www.dol.gov/sites/dolgov/files/OFCCP/regs/compliance/posters/pdf/22-088_EEOC_KnowYourRights.pdf

https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf

Top Skills

Business Objects
Excel
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The Company
Highland Heights, Kentucky
12,899 Employees
On-site Workplace
Year Founded: 1871

What We Do

We work to be the sustainable link to the future. For more than 151 years, our company has been leading the industry of high-technology cables & systems for energy and telecommunications. Headquartered in Milan, Italy and spanning 50 countries (in North America, Europe, MEAT, LATAM, APAC), 105 plants, 25 research and development centers, and about 30,000 employees as of July 2023, we have a strategic footprint that allows us to service emerging markets and communities across the globe with ease. Our business model is diversified by portfolio and geographical area.
In 2022 we registered +16 billion € in sales and 509 million € net profit.
Today we drive the energy transition and worldwide digitalization.

Learn more about the new Group on www.prysmiangroup.com

Follow us also on:
facebook.com/PrysmianGroup/
youtube.com/prysmiangroup
twitter.com/prysmiangroup
instagram.com/prysmian_group

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