Home Appliances Assistant Product Manager at LG Electronics Africa

Summary of the role:

The Home Appliances Assistant Product Manager is responsible for leading the product strategy, development, and execution for our home appliances division. The ideal candidate will have a deep understanding of the home appliances industry, strong business acumen, and excellent leadership skills and Keep abreast of industry trends and market intelligence through E-learning, industry magazines, sales related materials, trade shows, etc

Responsibilities

• Develop and execute the product strategy for the home appliances category.
• Conduct market research and competitive analysis to identify trends, customer needs, and opportunities for growth.
• Define product roadmaps, ensuring alignment with company goals and market demands
• Lead cross-functional teams to bring new products to market, from concept to launch.
• Oversee the product development lifecycle, including design, engineering, testing, and production.
• Ensure products meet quality standards and regulatory requirements.
• Manage the product portfolio, including new product introductions, product updates, and discontinuations.
• Optimize product mix and pricing strategies to maximize profitability and market share.
• Monitor product performance and implement improvements based on customer feedback and market data.
• Develop and manage the product budget, including R&D, marketing, and operational expenses.
• Analyze financial performance, identify cost-saving opportunities, and ensure profitability targets are met.

Qualifications

• Bachelor’s degree in Business Administration
• Proven track record of successfully launching and managing consumer products
• The ability to write, read, interpret, explain, and act on thorough understanding of technical documents, engineering materials, or related documents
• Ability to make professional business presentations in writing, through emails and reports, or orally, including complex business and technical matters
• Excellent communication skills, exceptional presentation skills and the ability to handle large audiences are a must.
• Demonstrated ability to interact with all levels of stakeholders in a solution partner or customer organization.
• Knowledge in consumer electronics
• Proficiency in MS Office applications with strong emphasis in Advanced Excel
• Excellent interpersonal, communication and presentation skills