Product Development Merchant - Kobalt Cordless Tools

Lowe's • Mooresville, NC • 1d ago

Your Impact

The Kobalt Cordless Tools PDM will execute battery platform growth strategies, align with Merchandising to development product roadmaps, and manage cross-functional teams toward successful new product launches. This role is responsible for collaboratively working to determine priority business partners and understand near and long term growth plans for the business focusing on key import & domestic Private Brand category opportunities with a balanced country of diversification strategy for each category. The PDM will work with branding to deliver a consolidated Private Brand Strategy for his/her divisions. The leader will work with branding to ensure simple and consistent brand standards, category positioning, voice and price positioning while building plans and working cross-functionally to execute. Product Development Merchants will work with Merchandising and be held accountable to drive import & Private Brand growth and innovation. Product Development Merchants will facilitate bringing together internal and external resources to complete the projects including, merchandising, trend, design, marketing, branding, logistics, LG Sourcing, packaging and international & domestic Private Brand vendors. The incumbent will provide input to and deliver on Merchandising Category strategies and be held accountable to delivering Private Brand & import penetration, innovation, sales and margin goals. The position also plays a key role in managing and leading the supplier base to be sales and profit solution providers. This role is expected to deliver a world class supplier matrix with best in class product and pricing. This role is critical to Lowe's because it handles the import & Private Brand piece of the business and drive sales and profit as the 4th largest importer in the US. In addition, it is charged with identifying innovative products and programs for both Import and Private Brand opportunities while ensuring delivery of key product roadmap items to deliver sales and margin improvement.

What You Will Do

Merchandising Key Contact: The PDM will provide input to and deliver on Merchandising Category strategies and be held accountable to delivering Private Brand and import penetration, sales and margin goals. They will be experts on the Private Brand Portfolio and be the key contact with supporting organizations related to sourcing and private brands while engaging trend and design resources when needed.

Drive Private Brand & Import Innovation: Identify innovative products and programs for both Import and Private Brand opportunities while ensuring delivery of key product roadmap items to deliver sales and margin improvement. These individuals will be category experts and will leverage Sourcing, Private Brands, Quality Assurance and design resources to ensure innovation and programs are delivered quickly and cost effectively to the market.

Vendor Management: Will work with sourcing to manage current vendors performance, while also diversifying vendors to bring on new suppliers, new countries or find vendors to develop Private Brand innovation. This role will be a key contact with domestic offices and communicate with sourcing offices for imports to negotiate program elements and vendor defective collections or MST support.

Managing import programs: Import Item set-up/PCM facilitators including utilizing Tradestone system, responsible for collecting quarterly excess defectives from import vendors, International Sourcing Trip planners.

Financial Responsibility: Demonstrate financial and business acumen by delivering a Private Brand Strategy for assigned categories. Responsible for establishing pricing, import and Private Brand growth, category sales and margin and import category penetration. Will include product reviews and establishing product differentiators and overall brand/product performance.

Minimum Qualifications

Bachelor's Degree Business, Mechanical Engineering, or related field.

5-7 Years experience in Product Development, Merchandising, Contract Negotiation, Supplier Development, Sourcing, or International Business

Preferred Skills/Education

5+ Years Cordless Tools, Battery Platform, or related development experience

Master's Degree Business

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.

Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.

Lowe's

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