[Vacheron Constantin] Business Planning & Product Manager

JOB TITLE                                               Business Planning & Product Manager                              

REPORTING TO                                     Commercial Director

LOCATION                                              KOREA

MAIN PURPOSE

This position is responsible for product strategy & action plan by driving different network and stakeholders to reach brand’s performance based upon analytical insights and comprehensive marketing propositions.

KEY RESPONSIBILITIES

1. Product Strategy Plan and Sales Performance Follow up

• Understand the business landscape and set product strategy to achieve the brand’s KPI and goal in communicating with local management and central team.
• Provide the sales performance in developing and executing watch sales strategy thru local market analysis with comprehensive study on client behaviours, market trends, product attributes & etc.
• Monitor strategic categories sales and share progress analysis regularly with the management for further optimization
• Collaborate with marketing & communication, CRM and retail team to address watch product strategy and improve cross-functional orchestration.
• Consolidating BU/LE breakdown and forecasts based on product analysis
•   Share qualitative feedback on inquiries with Commercial teams and suggest assortments or sales forecast
• Observe watch business competitor landscape up to date, taking it to consideration on long/short-term watch product strategy
• Monitor competitors activity, sales and market analysis

2. Product Management

• Attend the bi-weekly stock allocation meeting and negotiate Korea stock allocation with HQ
• Allocate products based on analysis product inventory and sales trends to improve performance across the all network
• Organize and local product community and monitor airtable status
• Demand & Supply management by closely communicating with BTQ staff for their wish list, target and monitoring both daily & monthly assortment
• Allocate products based on analysis product inventory and sales trends to improve performance across the all network
• Daily updating stock list and balancing the assortment
• Regularly monitor the external boutique and duty free sell-in/out and review return/buyback if needed
• Manage stock maintenance in Booster ; Serial number discrepancy, stock transfer and stock reception related issues
• Regularly monitor and communicate for WW watch stock list to proactively discover target product for local market.

3. Supply Chain and Order (Watch/Strap/Acc) Management

• Monitoring from forecast to delivery to stock to sales, stock rebalancing, analysis & recommendations to reach optimum stock availability at the BTQ and POS level.
• Supervise and decide on the activities on demand planning according to the objectives of product availability and stock targets defined.
• Monitor stock returns, to have them executed in time, and in the most efficient way for the teams involved
• Monitor delivery from HQ and stock reception at DC in collaboration with Logistics to ensure smooth sales replenishment.
• Manage leather strap order from all network
• Oversee the catalog update with HQ
• Manage Acc/Spare parts orders for all network ; Spare parts including buckles.

4. Others

• Manage the staff/Press consignment and regular staff sales and the special staff sales for all product perimeters.
• Oversee the catalog update with HQ.
• Leading other ad-hoc projects related product when it's required.

REQUIRED SKILLS :
 

• 8-10years’ experience in Product marketing and Supply Chain
• Understanding of Luxury business
• Strategic and Analytical thinking and data-oriented way of working
• Organized and solid time management
• Strong and Proactive communication skills
• Co-operative and cross-functional team player
• Excellent proficiency in English
• High Level on Excel, SAP experience, PowerBI
• High competency in MS office use : Excel, PowerPoint
• Critical thinking and problem solving is required