Lori Lucas

516-***-**** . ad34y9@r.postjobfree.com

Experienced Product Development/Sourcing/Costing Manager

Experienced Footwear, Accessories,CPG and ConfectionaryProduct Developer with a Deep fashion lifestyle product development and production background

*World wide Leather/Material and Component sourcing*Leader and effective communicator all phases of product development*Cross functional collaborator*Strong negotiator in all costing*Process driven in Best Practices*High energy, motivated, self starter adaptable to fast changing priorities

EXPERIENCE

Nassau Candy Distributors

Sr Product Development/Costing Manager Feb 2022-Present

Creating compelling new every day and/or seasonal food items for retail, food service, resort, and souvenir customers

Own and manage entire process from new item concept through to first production run

Foster effective cross-functional team collaboration (R&D, QC, Packaging, Purchasing, Production, and Creative) to launch products successfully and on time

Lead customer pricing process of new items; work with Production and suppliers to ensure costs and assumptions are accurately captured in pricing models (see more below)

Work closely with Sales to partner on development of new products as requested by key customers and manage process to create samples and pricing

Partner with Marketing to provide clear direction of look and feel for new items, as well as positioning in sales collateral and e-commerce

Costing:

Create costing models for all customer inquiries including manufacturing, labor, raw materials, packaging, and transportation

Analyze product formulas to determine loss and yield, and update often to ensure accurate costing

Collaborate with production team to verify labor output and confirm all costs are accurate and reflected in costing models

Ensure concerns and challenges around product development and costs are addressed throughout the process

Deliver pricing recommendation which meets product and customer profit margin benchmarks, while ensuring a competitive retail price to the consumer

Present to and manage all major mass retailers until shipped

Office Depot-Remote

Sr.Product Manager Private Brands Dec 2020-February 2022

. Develop all new product for writing,notetaking and Cleaning&Breakroom

. Maintain calendar and manage costing

. Work cross functionally with Merchandising to identify white space opportunities

.Manage all sampling

Genesco, Nashville TN

Product Development Manager - Women’s Footwear Feb 2013-Sept 20

. Communication leader between product and overseas factories and office

Collaborate closely with design to execute product specifications

Create and manage all prototype, salesmen and confirmation sample specifications

Raised Adoption rate by 20% by reducing over development

Direct and supervise 2 Product Development Coordinators

Review and provide lot sample comments and corrections to factories

Approve all confirmation samples

Meet with suppliers for new material selections including leather, fabric and synthetics

Work with Overseas offices to source materials seasonally including core articles, novelty and prints

Create and maintain materials library – collect pricing, minimums and article breakdown information

Reduced Material overstock by 25% and shipping costs by 30%

Lead costing meetings and work with design on any issues

Lead seasonal color development process from initial development with overseas office/suppliers through final approval on strike-offs,prints and leather selection

Partner with internal teams – sales, marketing, supply chain, and production to ensure all needs are met and product updates are communicated

Lead meetings with sales during market managing style/sku requests

Partner with e-commerce for website product descriptions and benefits

Conduct trend and competitive research

Manage development calendar to ensure seasonal deadlines are met

Resolve development and production issues as they arise

Fossil Inc., Richardson TX May 2011- November 2012

Senior Product Manager - Footwear

Managed the product development /production process from ideation to retail floor

Created and maintain T & A calendar

Partnered with design to ensure clear, concise specs are communicated to agents/factories

Oversaw all sampling stages from prototype to production including fit and confirmation

Identified and resolved any issues in sampling process to ensure smooth production run

Created and maintained all product set-up

Managed all pricing including negotiating and IMU

Oversaw the placement of orders and monitoring until landed

Brown Shoe, New York, NY Jan 2008-April 2010

Merchandise Manager - Etienne Aigner and Nickels

Responsible for and maintained all pricing and weighted average margins

Placed all buys and tracked from placement to delivery to ensure correct quantities met customer needs and divisional financial goals

Created and maintained product information master

Assured effective analysis and management of inventory flow to maximize sales

Managed a team of 3 focusing on customer performance

Concept One Accessories, New York, NY

Production Manager - Cut & Sew Division April 2005- Dec 2007

Partnered with Product Development to ensure tech packs were completed and sent to factory for prototypes

Managed prototype changes and spec updates for production

Negotiated prices and deliveries

Placed and tracked all orders from start to delivery

Daily communication with overseas and domestic factories

Steve Madden Ltd, Long Island City, NY Dec 1998- March 2005

Production Manager - L.E.I., Candies and Children’s Divisions

Negotiated prices with all vendors

Oversaw production from inception to delivery

Liaison to design team confirming specs/details

Managed sample confirmations for fit and pattern details

Daily communication with overseas and domestic vendors

Collaborated with sales team, prioritizing demand and forecasting production requirements and delivery deadlines

Managed inventory availability and shipping information

Managed a team of 4 ensuring accurate daily production updates and shipping schedules

Responsible for major accounts directly tied to production including J.C Penny, Sears, Kohl’s and Famous Footwear

Attended Trade shows and sales presentations

SKILLS

AS/400, PIM (Product Information Management System), Microsoft Office, Lotus Notes, Outlook, GroupWise

Project Management, Operational Decision making,Cross functional collaborating, Clear

and Concise communicating, Fostering strong relationships.

EDUCATION

Nassau Community College, Business Administration

Arsutoria School – Institute for Design and Technical Shoe Training

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