Job overview:
This role is responsible for Valvoline Global Operations heavy duty lubricants portfolio in China, including transportation and industrial segments. The Product Line Manager has four core pillars of responsibilities:
1. Product/Portfolio Costing;
2. Portfolio Profitability Improvement Opportunities;
3. Improve Inventory Management;
4. Product Lifecycle Management and Optimization.
Responsibilities:
1.Product / Portfolio Costing: Ownership and analysis of all product costing along with key drivers of that costing. Serve as the Single Point of Contact for all business units relative to current costing of all portfolio items, cost changes based on supplier inputs, and cost implications of various supply chain shifts. Actively communicate changes to all teams and understand impacts of absorption on the portfolio via the LE process.
2.Support Costing of HIB: to enable sales to effectively bid on new business opportunities which have a material impact on overall Valvoline supply chain capabilities and profitability, ensuring all cross-functional partners are aware of the bid and the documentation is completed on time and to standard.
3. Profit Improvement Opportunities: Actively and continually seek ways to optimize margin within the entire portfolio through supply chain optimizations, procurement savings opportunities, and consolidation of the portfolio through product life-cycle management.
4. Product Lifecycle Management and Optimization: Own, monitor, and recommend product life cycle for the portfolio category. This includes an annual Product Line Optimization - plan and execute annual and ad-hoc PLO based on life-cycle analysis and cross functional alignment. followed by obsoletion tracking and inventory removal or “cure” approach into a healthy position until process completion. Works closely with supply chain, procurement team, and local marketing to deliver effective product lifecycles reducing inventory and enhancing profitability.
5. Review and Manage Slow Moving and Obsolete inventory in coordination with Supply Chain. Providing direction on excess inventory solutions and ensure execution by the organization. Drive removal programs of slow-moving and obsoleted SKUs’ inventories and lead inventory management plan for product transitions.
6. Other duties and responsibilities as determined by VGO to its PS&M’s portfolio management role.
Requirements:
-Bachelor’s Degree; Master of Business Administration (preferred)
-8 years and above
- Strong analytical thinking and business mindset. Possesses the ability to turn insights into action
-Ability to pull, assess, and conceptualize key data in a manner that makes it digestible for leadership
-An inquisitive thirst to learn more and seek the truth
-Team oriented, with strong communication abilities and willingness to share ideas for diverse input and perspective
-Passion for continually improving recommendations and optimizations to extract value from products and supply chains