APMEX Professional Careers

  • Product Manager

    Job Locations US-OK-Oklahoma City
    Job ID
    2018-1265
    Category
    Merchandising
    Type
    Regular Full-Time
  • About APMEX

     Step into the modern age of the e-commerce world by joining the team at the nation’s leader in Precious Metals. Known for much more than the largest inventory selection, best customer service and dedicated employees, APMEX is a name synonymous with smart, secure and trusted investing.  The APMEX team is large enough to get the job done better than anyone else in the industry but small enough where everyone is important and every employee matters to the company. The Precious Metals industry is a specialized investment market and is unlike any other. Deciding to join the team making APMEX the gold standard when it comes to buying and selling Precious Metals is an investment in your future!  We just celebrated our 16th year in business with being named the #1 Specialty eRetailer by Internet Retailer Magazine! 

     

     

    You probably have a lot of options, so why work with us?

     

    At APMEX we want to hire like-minded people: those who are motivated to succeed in a startup culture, love to think critically and who have fun doing it! Most importantly, you should be passionate about all things customer experience and stay on top of new trends and developments within the eCommerce industry. Free coffee, drinks, snacks, lunches, parking and great co-workers are all included with employment at APMEX!  You’ll be pleasantly surprised by our generous annual and holiday bonus programs.  Did we mention that you’re also immediately vested in our generous 401(k) match?  Learn more about who we are here: 

    http://apmex.pub/apmex

    About The Role

    As a Product Manager you're directly responsible for managing various products ranging from bullion to numismatics in a manner which contributes positively to the Company’s bottom line.  This includes managing an existing line of products as well as suggesting and implementing new product lines.  You'll also work with US and World Mints, private mints, and dealers to maintain appropriate inventory levels as well as accurately price products to be competitive with the market.  The ability to work cross-functionally with internal teams such as Purchasing, Sales, Marketing and Operations on a multitude of projects to drive sales, increase product visibility, and improve process efficiencies is critical to success as an APMEX Product Manager. 

     

     

    A Day in the Life of a Product Manager:

     

    • Develop and manage a strategic business plan for the life cycle of a product line
    • Purchase new inventory either by utilizing existing relationships or by establishing new relationships with vendors in the industry
    • Suggest for approval buy and sell prices for new and existing product lines
    • Update buy and sell prices on website. Verify posted buy prices are in alignment with current market prices and inventory position; ensure buy price provides necessary margins for profit goals and address any margin or other pricing issues that are found
    • Search for and research new items to sell; communicate product, quantity, and buy price to the Wholesale Purchasing Department for products wanted. If CCE posts need to be made for an item to be purchased, communicate post information to the Wholesale Purchasing Department
    • Develop and communicate clear concepts and plans to expand a product line
    • Turn in weekly recommendations to Site Merchandising for email promotions and banners advertisements to use on the Company website. Will require forecasting estimated unit sales and revenue
    • Check products/inventory out from Receiving to load onto the Company website or submit for grading
    • Review inventory out-of-stock reports, inventory depletions, and inventory low stock notices to ensure acceptable inventory levels are maintained; utilize sales and clearance categories to drawn down excess inventory where appropriate
    • Communicate hedge positions to hedge team on a daily basis
    • Review all daily and weekly reports to accurately manage product lines
    • Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional societies

     

    Qualifications

    EDUCATION

    • Bachelor’s degree required preferably in Finance or Business Administration 

    EXPERIENCE

    • Experience in dealing with financial reporting is preferred, i.e. margin, sales, inventory
    • Experience in retail, financial, or coin industries is preferred
    • Knowledge of pricing strategies and profit margins required
    • Experience working cross functionally

    COMPUTER SKILLS

    • Advanced skills in Microsoft Excel
    • Intermediate skills with other Microsoft products

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