Product Analyst

Fxi - Aston, PA

Full-time - Mid Level

Aston, PA

Plastics and Rubber Products Manufacturing

About the position

The Product Analyst at FXI plays a crucial role in driving data-informed decision-making to ensure the product portfolio aligns with market demands and company goals. This position involves analyzing market trends, product performance, and customer feedback to support product development and improvement. The analyst collaborates with cross-functional teams to optimize product offerings, contributing to the company's profitability and success.

Responsibilities

• Conduct thorough research on industry trends, competitive landscape, and consumer preferences to identify opportunities for new product development and improvements.
• Monitor and analyze product performance metrics such as sales data, customer reviews, and return rates, providing actionable insights to enhance product offerings.
• Utilize statistical tools and data analytics to interpret data and generate reports, translating complex data into clear recommendations for product enhancements.
• Collect and analyze customer feedback from various channels to identify common issues, needs, and preferences, working with the product development team to address these insights.
• Collaborate with product managers, engineers, designers, and marketing teams to ensure product development aligns with market needs and company objectives.
• Assist in designing and executing product testing protocols, evaluating test results and providing recommendations for product modifications.
• Analyze competitor products and strategies to identify strengths, weaknesses, and opportunities for differentiation.
• Support the development of data-driven product strategies, working with product managers to shape long-term plans that address market dynamics and customer requirements.

Requirements

• Bachelor's degree in Business, Marketing, Data Analytics, or a related field; advanced degree or relevant certifications are a plus.
• Minimum of 3 years of experience in product analysis, market research, or a related role, preferably in the consumer goods or manufacturing industry.
• Strong knowledge of foam materials and their applications, including experience with material science, product design, or manufacturing processes involving foam.
• Power BI experience or other visual analytical tools.
• Experience working with automotive or technology clients and a deep understanding of the product lifecycle in those industries.
• Proven experience in product design and specification development, with the ability to translate customer needs into viable product solutions.
• Ability to provide technical support to non-technical teams to enhance their understanding and selling capabilities.

Nice-to-haves

• Advanced degree or relevant certifications in a related field.
• Experience in the consumer goods or manufacturing industry.

Benefits

• Health insurance
• 401k plan
• Paid holidays
• Flexible scheduling
• Professional development opportunities