Global Product Manager

4 weeks ago

Cincinnati, United States PSG, a Dover company Full time

Global Product Manager: Reporting to the site Director, Product Management, this position is responsible for providing leadership and creating direction on product line lifecycle, price and position analysis, and recommendations to Commercial Leadership to maximize market share, profit and revenue across the assigned Hydro product portfolio. By performing analysis of market/customer demand the Product Manager will work closely with the operations and planning teams to ensure Hydro is meeting both customer and market expectations. In partnership with a cross function team the Product Manager will develop, execute, and manage marketing strategy & planning for specified product portfolio.

Key Responsibilities:

  • Develop and execute profitable strategies for assigned portfolio. Develop and maintain through Product Management, a global product portfolio that supports the market and customer penetration objectives of the global sales team. This includes: Product pricing and margin maintenance; Life cycle planning for enhancement and obsolescence; Product forecasts, inventory guidance and cost targets.
  • Conduct market, industry, and competitive analysis to develop specific value propositions for the assigned portfolio and ensure competitive market alignment.
  • Define new product development opportunities and build a robust funnel of prospective new investment projects in both existing and new markets.
  • Build business cases for new product ideas through Voice of Customer (VOC) research, and establish product specifications and design targets for these new products.
  • Develop global product strategies to grow existing and penetrate new markets.
  • Lead global pricing strategies and practices to ensure proper positioning and profits that meet expectations.
  • Effectively manage and communicate product launches, product changes, and product promotions both internally and externally.
  • Coordinate the global promotion of products and services to deliver profitable growth.
  • Provide support to the sales force through management of technical support resources, identification of target markets/accounts, and support on customer calls.
  • Perform other related duties and assignments as required

Essential Requirements:

  • Bachelor’s Degree in Business, Engineering or related field; Master’s degree preferred, with business case development experience and significant global business development experience
  • Experience at identifying both market and customer-related pain points and track record of translating them into solutions
  • Proven track record of understanding technical challenges and translating them into commercial solutions
  • Minimum of 5+ years of experience in product management, sales, or marketing
  • Strong strategic thinking skills with the ability to develop long-term strategic plans and follow-up action plan to execute on these deliverables
  • Strong verbal and written communication skills with the ability to influence at all levels of the organization

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