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Company Description
For almost 30 years, Lorex has been a leader in the marketplace when it comes to innovative security technology for both home and commercial use. We achieve this by continuing to produce innovative monitoring solutions, all backed by cutting-edge technology and a dedicated team of forward thinkers. Using the latest technology and innovations, Lorex strives to produce solutions to both enhance security and fit your lifestyle.
Job Summary
Lorex is looking to build the next generation of innovative solutions for our customers in a very competitive market. As a Product Manager, you will develop a deep understanding of our customer’s needs and our solution portfolio, and use this knowledge to define, execute, and deliver a product roadmap within CCTV and IoT product categories that supports the business goals of the company. The right person for this role is customer-obsessed, has solid experience delivering successful projects, is able to manage deadlines and risks across a global team, and communicate effectively with stakeholders. This role is inherently cross-functional working closely with retail and ecommerce sales teams as well as marketing and technology teams. Lorex has a fast-paced environment and requires someone who is flexible, energetic, analytical, detail-oriented, and is comfortable managing communications across several teams and levels.
Responsibilities
- Lead the development of the product line strategy and vision supported by internal and external analysis
- Determine how consumers can and will interact with Lorex devices in their homes and businesses and develop accessories that can improve that experience
- Define creative, high quality, product roadmaps based on company strategy and vision
- Lead end-to-end product management process for your product category, from product/market requirements product launches and through product lifecycle management
- Build strategic relationships with new and existing vendors to further the overall portfolio strategy
- Track performance of products with weekly/monthly/quarterly analytics across channels, sub-categories, price points
- Engages the various teams regularly to uncover new opportunities and areas for improvement
- Continuously work to optimize the portfolio with a focus on growth and margin
- Generate costing, pricing and margin analysis for new product launches to ensure company goals are met
- Work closely with fellow product managers, suppliers and the marketing team to deliver products to market
- Collaborate with Sales, Marketing, QA, Engineering and Tech support to meet the overall goals of the company
Knowledge, Skills and Abilities (KSAs)
- Bachelor’s Degree in Computer Science, Engineering, Business or other relevant area
- Track record in balancing out product priorities against budget and timelines
- Strong verbal and written communication and presentation skills with demonstrated experience dealing with multiple varying opinions and engaging and influencing senior executives
- Proven track record of teamwork and willingness to roll up one’s sleeves to get the job done in a fast-paced, dynamic environment
- Experience working closely with technical and non-technical team members
- Experience with Product Management methodologies including Stage-Gate process and Agile will be considered an asset
- Experience with Project Management tools and methodologies. PMP will be considered an advantage
- Knowledge of Jira, SAP, product information systems (PIM) will be considered an advantage
- Excellent working knowledge of MS Office / Office 365
Background Experiences
- Proven working experience as a Product Manager with at least 3 years experience
- Five or more years of experience in managing strategic supplier relationships and contracts
- Solid understanding of retail and ecommerce merchandizing, including accessories and add-on products
- Strong familiarity with the fundamentals of product life cycle management
- Experience with Audio/Video/CCTV products would be considered an advantage
- Proven experience with product categories such as cables, batteries, solar panels, hard drive and sensors would be considered an advantage
- Experience in the IoT (Internet of Things) / Smart Home industry considered an asset, especially experience with security products e.g. wire free cameras, sensors and related accessories
Competency Profile
- Ability to manage multiple projects with varying priorities at one time – to deliver results on time and within budget
- Strong collaborator who is motivated by working cross-functional teams and is a natural leader for their business unit team
- Team player and clear & concise communicator
- Strong project management, negotiation and communication skills
- Capacity to get things done at short notice while collecting information from a variety of internal and external sources
Lorex welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.
Lorex Technology