Avnet

Product Segment Leader

Avnet$110K — $130K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of relevant experience in product management or strategic management roles in technology sectors
  • Bachelor's degree or equivalent experience in a related field
  • Strong knowledge of product life cycle management and inventory strategies
  • Expertise in developing and implementing business development plans
  • Proficiency in managing supplier relationships and commercial negotiations
  • Experience in analyzing market trends and consumer demand

Responsibilities

  • Drive product strategy to meet sales and margin goals
  • Manage the product range and life cycle from introduction to phase-out
  • Develop and maintain relationships with suppliers and customers
  • Oversee commercial terms of supplier contracts
  • Ensure inventory health and optimize product availability
  • Collaborate with marketing to execute product strategies
  • Deliver market insights to inform business decisions

Benefits

  • Generous Paid Time Off
  • 401K and Pension Plan
  • Paid Holidays
  • Family Support options including Paid Leave, Surrogacy, and Adoption
  • Comprehensive medical, dental, and vision insurance
  • Long-term and Short-term Disability Insurance
  • Health Savings Account and Flexible Spending Account
  • Education Assistance
  • Access to Employee Development Resources
  • Wellness, Leadership Development and Mentorship Programs
Full Job Description
Job Summary:

The Product Segment Management has accountability and owns the strategic management of a specific product technology to achieve sales, margin, asset management and market share KPI's while driving key supplier and customer satisfaction. The role has end-to-end responsibility for a dedicated Product Segment, across the entire North American Region.

Principal Responsibilities:
  • Accountable for creating and driving the overall product strategy to achieve the defined sales, margin, asset management and market share KPI's
  • Manages the product range - managing the portfolio of products throughout their life cycle - e.g. new technology and franchise negotiations and introductions, product range extensions, inventory depth decisions and exiting end of life products
  • Manages the full relationship and business development plans (including review meetings and industry events) within the product business unit to help achieve defined KPI's/commercial terms.
  • Potential to lead the strategic relationship with suppliers that sit across several business units.
  • Accountable for the commercial and contractual supplier terms
  • Accountable for both the buy and sell price aspects of the product business unit to deliver margin growth and price sustainability.
  • Manages the overall inventory health : including budgets, influencing turns, line fill and provision & excess to achieve the defined KPI's
  • Partners with stakeholders to ensure all marketing programs are planned and executed on time, Product strategy is communicated and training provided to sales teams and strategic e-commerce plans developed
  • Provides market insights and knowledge to influence the success of the business unit and wider company, including new suppliers, technology trends, and changes in customer demand within assigned portfolio including supplier market share data.
  • Administration of assigned products throughout their life cycle. Including; system maintenance, ensuring products are in the optimum saleable position, PDD co-ordination, product maintenance / housekeeping and ad-hoc analytics
  • Accountable for resolving customer issues including liaising with suppliers in multiple time-zones to resolve issues in a timely manner
  • Cooperate with commercial marketing and suppliers to provide content for agreed marketing activities.


Job Level Specifications:
  • Extensive knowledge and application of principles, theories and concepts. Complete knowledge of all job functions and the broad industry best practices, techniques and standards.
  • Develops solutions to complex problems where analysis of situations and/or data requires in-depth evaluation of variables. Determine best approach to achieve results and provide suggestions to improve policies and procedures.
  • Work is performed independently and requires the exercise of judgment and discretion. Exercises considerable latitude in determining objectives and approaches to assignments. Work may be reviewed at a high-level.
  • May represent the organization as primary contact on assignments and/or projects. Interacts with senior professionals and management and frequently coordinates work between departments or organizations.
  • Actions may impact the organization. Failure to accomplish work will result in the inability to reach crucial organizational goals. Erroneous decisions may have a prolonged effect resulting in the expenditure of substantial resources.


Work Experience:
  • Typically 5+ years with bachelor's degree or equivalent.


Education and Certification(s):
  • Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.


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What We Offer:

Our employees work hard to live our values and help us grow. Our total rewards strategy supports Avnet's ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment. We offer competitive compensation and benefit programs - from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.

  • Generous Paid Time Off
  • 401K and Pension Plan
  • Paid Holidays
  • Family Support (Paid Leave, Surrogacy, Adoption)
  • Medical, Dental, Vision, and Life Insurance
  • Long-term and Short-term Disability Insurance
  • Health Savings Account / Flexible Spending Account
  • Education Assistance
  • Employee Development Resources
  • Employee Wellness, Leadership Development and Mentorship Programs


Benefits listed above may vary depending on the nature of your employment with Avnet.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.

About Avnet

Avnet is a global technology solutions provider with an extensive ecosystem delivering design, product, marketing and supply chain expertise for customers at every stage of the product lifecycle. We transform ideas into intelligent solutions, reducing the time, cost and complexities of bringing products to market. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.

Avnet Careers

Join Avnet, a global leader in electronic components and services, where innovation, leadership, and growth go hand in hand. We offer a world of opportunities for both seasoned professionals and those just beginning their careers. At Avnet, we believe in nurturing talent and providing our team members with the opportunities they need to become industry leaders.

Work You’ll Do

At Avnet, every job is a chance to grow and innovate. We are committed to helping the world's most ambitious companies achieve their digital transformation goals. Our team is at the forefront of the technological sector, driving innovation and excellence in everything from supply chain management to design and manufacturing solutions.

Join Our Market-Leading Team

Become part of a team that thrives on diversity, professional growth, and creativity. Avnet’s culture is built around the idea of expanding what’s possible, offering a variety of job opportunities across multiple fields. Our professionals enjoy a dynamic work environment where their skills are constantly sharpened, and their careers can flourish.

Innovative Work

Avnet encourages a culture of innovation and leadership, where your ideas can help shape the future of technology. Work alongside over 15,000 dedicated professionals globally, at the intersection of technology, industry expertise, and digital innovation.

Career Development

Future-proof your career with Avnet! We provide unmatched training, development, and certification support to help you reach your professional goals. Our leadership and diversity training ensure that you have the tools to succeed and lead in your field.

Explore Job Opportunities and Internships

Whether you’re looking for a full-time position or an internship, Avnet offers a range of options. Explore employment opportunities that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players.

Benefits and Culture

At Avnet, we understand that job satisfaction extends beyond the office. That’s why we offer competitive benefits designed to promote health, well-being, and financial security. Our inclusive culture fosters an environment of open communication and mutual respect, where every team member’s contribution is valued.

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Learn more about Avnet
Size
14,500 employees
Market Cap
$3.7 billion
Industry
Net Income
-$76.2 million
Founded
1921
5 Year Trend
+6.9%
Revenue
$17.8 billion
NASDAQ

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