Product Portfolio Management Template

Product Portfolio Management in Priority Matrix

Manage your animal nutrition product portfolio effectively by tracking performance and strategic importance.

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Proposed Tasks

Not Urgent, Not Important

• Task 1: Product Catalogue Update due in 1 week
  ☐ Update product catalogue ☐ Verify product information ☐ Check for discontinued products
• Task 2: Product Performance Review due in 2 weeks
  ☐ Review sales data ☐ Analyze product performance ☐ Identify top performing products
• Task 3: Market Analysis due in 3 weeks
  ☐ Research market trends ☐ Identify potential opportunities ☐ Study competitor products
• Task 4: Product Development Strategy due in 1 month
  ☐ Identify product gaps ☐ Develop product ideas ☐ Create product development timeline
• Task 5: Product Pricing Review due in 5 weeks
  ☐ Review product pricing ☐ Analyze cost factors ☐ Adjust pricing if necessary
• Task 6: Customer Feedback Review due in 6 weeks
  ☐ Collect customer feedback ☐ Analyze feedback for product improvements ☐ Implement feedback in product development
• Task 7: Supplier Negotiation due in 7 weeks
  ☐ Negotiate terms with suppliers ☐ Ensure supply chain efficiency ☐ Secure favourable terms
• Task 8: Product Packaging Review due in 2 months
  ☐ Review product packaging ☐ Ensure packaging is appealing and functional ☐ Update packaging if necessary
• Task 9: Product Promotion Strategy due in 9 weeks
  ☐ Develop product promotion strategy ☐ Coordinate with marketing team ☐ Implement promotional activities
• Task 10: Sales Team Training due in 10 weeks
  ☐ Train sales team on new products ☐ Provide product information and selling points ☐ Monitor sales team performance
• Task 12: Product Availability Check due in 12 weeks
  ☐ Check product availability ☐ Ensure adequate stock levels ☐ Coordinate with supply chain team
• Task 13: Product Display Update due in 13 weeks
  ☐ Update product displays in stores ☐ Ensure product visibility ☐ Coordinate with store managers
• Task 11: Product Launch Planning due in 3 months
  ☐ Plan product launch event ☐ Coordinate with PR team ☐ Prepare product samples for launch
• Task 14: Online Product Listing Update due in 14 weeks
  ☐ Update product listings online ☐ Ensure accurate product information ☐ Monitor online sales
• Task 15: Product Quality Check due in 15 weeks
  ☐ Conduct product quality checks ☐ Ensure products meet quality standards ☐ Address any quality issues
• Task 17: Product Life Cycle Review due in 17 weeks
  ☐ Review product life cycles ☐ Identify products at end of life cycle ☐ Plan for product phase out
• Task 16: Product Profit Margin Analysis due in 4 months
  ☐ Analyze product profit margins ☐ Identify high margin products ☐ Develop strategies to improve margins
• Task 18: Regulatory Compliance Check due in 18 weeks
  ☐ Check product compliance with regulations ☐ Ensure all certifications are up to date ☐ Address any compliance issues
• Task 19: Product Portfolio Review due in 19 weeks
  ☐ Review entire product portfolio ☐ Identify any gaps or redundancies ☐ Plan for portfolio updates
• Task 20: Strategic Planning for Next Quarter due in 5 months
  ☐ Plan for next quarter based on product performance ☐ Set product goals for next quarter ☐ Develop strategies to achieve goals