Full-Time

Sourcing Product Principal

Posted on 11/27/2024

The Home Depot

The Home Depot

10,001+ employees

Retailer of home improvement products and services

Industrial & Manufacturing
Consumer Goods

Compensation Overview

$125k - $250kAnnually

Senior

Remote in USA

Category
Product Management
Product
Requirements
  • Must be eighteen years of age or older.
  • Must be legally permitted to work in the United States.
  • Working knowledge of Microsoft Office Suite
  • Working knowledge of presentation software (e.g., Microsoft PowerPoint)
  • Demonstrated ability to collaborate and work effectively with cross-functional teams
  • Ability to convey complex or technical ideas and processes in easy-to-understand terms to diverse audiences
  • Excellent written and verbal communication skills
  • 2+ years of previous leadership experience
  • The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.
  • 8 years of work experience
Responsibilities
  • Coordinates Distinguished Engineers, User Experience Principals, and Impacted Teams to ensure path to scope is known and aligned; Reviews recommended solutions and work of product team to ensure products are aligned with company, stakeholder and end user priorities
  • Partners with either a Cross-Functional Program or Technology Portfolio to align outcomes; Cascading context up to leadership and strategy down to balanced teams using OKRs; Lead cross-functional discovery by partnering with UX Principals, Distinguished Engineers (DEs), and balanced teams; Creation, coordination, and sequencing of activities to ensure alignment across impacted teams (Inputs for planning sessions); Providing visibility of the work by providing holistic roadmap with dependencies
  • Partners with leadership to represent the portfolio during enterprise planning, coordination, and discovery; Fosters collaboration across multiple teams and portfolios to drive value and identify and resolve impediments; Manages cross-functional team and stakeholder expectations to ensure scoping aligns to product strategy and provides education to requestors to determine prioritization based on tangible benefits and/or user experience

Home Depot is a leading retailer in home improvement, offering a wide range of products and services for DIY enthusiasts and professional contractors. Customers can find building materials, home improvement items, lawn and garden supplies, and decor, as well as services like tool rentals and installation. The company stands out from competitors with its strong customer service, competitive pricing, and extensive product selection. Home Depot aims to be the primary destination for all home improvement needs.

Company Stage

IPO

Total Funding

N/A

Headquarters

Atlanta, Georgia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Home Depot's venture into strategic investments, such as with Jukebox Health, positions it as a forward-thinking leader in addressing the needs of aging Americans.
  • The acquisition of International Designs Group and investment in Higharc demonstrate Home Depot's commitment to expanding its influence in the homebuilding and design sectors.
  • The launch of a $150M venture capital fund indicates Home Depot's strong financial health and potential for growth through innovative partnerships.

What critics are saying

  • The competitive landscape in the home improvement sector remains intense, with rivals like Lowe's potentially eroding Home Depot's market share.
  • Investments in startups and new technologies carry inherent risks, including the possibility of unsuccessful integration or market adoption.

What makes The Home Depot unique

  • Home Depot's strategic investments in innovative startups like Jukebox Health and Higharc highlight its commitment to advancing home improvement solutions for aging populations and intelligent homebuilding.
  • The Pro Xtra loyalty program specifically targets professional contractors, offering exclusive deals and benefits that differentiate Home Depot from other home improvement retailers.
  • Home Depot's extensive physical store network combined with a robust online platform provides unparalleled convenience and accessibility for customers.

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