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Product Manager

Indiana Packers Corporation

Delphi, IN

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JOB DETAILS
SKILLS
Analysis Skills, Brand Management, Budgeting, Calendar Management, Category Management, Consumer Packaged Goods, Cross-Functional, Customer Relations, Customer/Client Research, Delphi, Diversity, Food Production, Food Science, Health Plan, Inventory Levels, Inventory Management, Leadership, Market Share, Marketing, Negotiation Skills, Order Picking/Packing, Patient Care, Pharmacy, Pricing, Product Management, Product Pricing, Product Profitability, Product Reviews, Product Strategy, Profit & Loss, Quality Assurance, Request for Proposals (RFP), Requirements Management, Retail, Retirement Planning, Revenue Growth, SAP, Sales, Sales Strategy, Team Building
LOCATION
Delphi, IN
POSTED
4 days ago
Product Manager Indiana Packers Corporation (IPC) is a fully integrated retail, foodservice and private label producer of fresh and processed meats based in Delphi, Indiana. Since the start of operations in 1991, we have experienced rapid growth from a single pork processing company into a multi-plant diversified producer of fresh and processed meats, with locations throughout America's Heartland and revenues of approximately $1.5B. We are best known for our national brand Kentucky Legend (the best-selling boneless ham brand in the United States) as well as several well-known regional brands, including Indiana Kitchen, Fischer's, Field, Mickelberry's, Kentuckian Gold, and Scott Pete. We now have processing facilities in Frankfort, Indiana; Holland, Michigan; and Owensboro, Kentucky. We value diversity, innovation, collaboration and those passionate about their jobs. We support our team members by offering a total rewards package, including competitive pay, three different medical care plans (two with company-funded health savings accounts), pharmacy, dental, and vision plans, a retirement/401K (with 50% match on team members' contributions up to 8%), a competitive paid time off program, educational assistance, and numerous advancement opportunities. With more than 3,100 team members located across 14 different states, we are a big company with a small company culture. Indiana Packers Corporation is in Delphi, Indiana, just 15 minutes away from the greater Lafayette/West Lafayette area, home of Purdue University. Summary: The selected individual will have experience as a Product Manager, Category Manager, Business Unit Manager responsible for the strategic leadership, growth, and profitability of the bacon product category. This role owns category strategy, innovation pipeline, pricing, margin management, customer insights, and cross-functional execution to drive revenue growth and market share expansion. The Product Manager serves as the subject matter expert for the Bacon portfolio and partners closely with FPandA, Sales, Planning and Scheduling, and others to ensure that IPC is maximizing profitability through customer reviews, efficiency through scheduling, inventory management, and sales pricing. As a subject-matter expert, you will shape discussions and influence decision-making to drive sustained category growth and success. This individual and their peers will provide daily/ weekly/ monthly strategies to the commercial/sales team to ensure success. This is a new role within the organization and will begin with strict focus in the Bacon category. Responsibilities: - Meeting product group profitability objectives for fiscal year based on specified budget. Objectives revolving around but not limited to; pricing, inventory, and product group assortment strategies. - Managing pricing activities (daily/weekly/seasonal/ etc.) to maximize profit potential within product group. Pricing responsibilities are specific to the assigned product group and will be coordinated with the Director of Product Management and/or other leaders within the commercial leadership team. - Inventory management within respective categories. Including the preparation and execution of any relevant seasonal needs, addressing distressed inventory with sales, fresh vs. frozen coordination as required, etc. Providing direction to respective planning team(s) as needed. - Creating, organizing and overseeing general strategies amongst production areas that utilize raw materials within categories being managed. Meaning, boneless production vs bone-in, fresh vs, processed, etc. - Work in conjunction with FPandA and Operations to create, maintain, and manage B/E models for respective categories. Using those to guide inventory and sales strategies within product group. - Primary contact for the Sales team: Communicate product specifications, inventory levels, pricing, costing and lead time requirements. - Negotiates, reviews and approves pricing and trade agreements in conjunction with Director level. Significant role in annualized RFPs and determining assortment growth within respective categories. - Responsible for development and maintenance of processes and workflows with other functional areas and departments in respect to their category. Mainly but not limited to FPandA, Operations and Quality Assurance. - Coordinates and attends product reviews to compare the execution of the written specs and gain insight into what drives variances and yields to standards. - Monitor and address supply-demand imbalances and service level challenges - Considered the category expert over a specific segment. Provides leadership and guidance to other areas of the business, including FPS, operations, and sales. - May maintain a level of relationship with key customer(s) within product group. Ensuring a level of connection with sales and general industry tone. Qualifications: Bachelor's degree in Business, Marketing, Food Science, or related field required; MBA preferred. 5+ years of experience in category management, product management, brand management, or food manufacturing. Experience in protein (bacon), meat processing, or CPG industry strongly preferred. Strong analytical skills with experience using syndicated data (IRI, Nielsen, Circana, etc.). Demonstrated PandL management experience. SAP experience, preferred. []{style="font-size: 12pt; font-family: arial, helvetica, sans-s "}

About the Company

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Indiana Packers Corporation