Global Product Manager

2 months ago

Wood Dale, United States nVenia, A Duravant Company Full time

nVenia, a member of the Duravant family of operating companies, is a manufacturer and supplier of integrated solutions and packaging equipment machinery. With over 300 years of combined experience, our long-standing brands of Arpac, Fischbein, Hamer and Ohlson serve end customers in the consumer-packaged goods, food and beverage, industrial, and other markets.

POSITION SUMMARY:

As the Global Product Manager – Sewing & Sealing, you will set the direction, vision and execution path throughout the product life cycle for the entire Sewing & Sealing portfolio. You will be responsible for driving increased revenue, profitability, and market share, including channel improvement, new product development, and technology deployment

ESSENTIAL RESPONSIBILITIES:

1. Product Portfolio Optimization:

  • Consolidate the Global Sealing product line by analyzing market demand and rationalizing models to improve efficiency and reduce complexity.
  • Simplify the Sewing product line by identifying and eliminating redundant models, ensuring a more streamlined and customer-centric offering.

2. Pricing and Profit Management:

  • Work closely with cross-functional teams to develop and implement a global pricing strategy, considering market dynamics, competitive positioning, and cost structures.
  • Identify opportunities for profit expansion through strategic pricing adjustments, value-added offerings and value engineering opportunities.

3. Market Expansion and New Product Development:

  • Identify and analyze new end markets for the Sealing portfolio, conducting market research to understand customer needs and preferences.
  • Collaborate with R&D and product development teams to modify existing products or introduce new solutions, driving growth and market share.

4. Cross-Functional Collaboration:

  • Collaborate with sales, marketing, operations, and engineering teams to align product strategies with overall business objectives.
  • Provide training and support to ensure a cohesive understanding of the product line and its positioning in the market.

5. Market Intelligence:

  • Stay informed about industry trends, competitor activities, and emerging technologies to make informed decisions and maintain a competitive edge.

6. Relationship Management:

  • Work closely with distributors in the United States and Europe to understand market dynamics and gather feedback on product performance.
  • Foster strong relationships with key partners to enhance distribution effectiveness.
  • Continue to optimize channels to market, collaborating with regional commercial leadership where appropriate.

POSITION REQUIREMENTS:

  • Bachelor's degree in business, marketing, engineering, or a related field. MBA is a plus.
  • Proven experience in global product management, preferably in the packaging industry.
  • Strong analytical and strategic thinking skills.
  • Demonstrated ability to drive product portfolio optimization and achieve profitability goals.
  • Excellent communication and leadership skills.
  • Experience in identifying and entering new markets is desirable.
  • Ability to travel up to 30% (international & domestic)

nVenia is committed to a culture that promotes long term career satisfaction and provides an opportunity for personal and professional growth. We succeed by operating within our core values of Integrity, Teamwork, Respect, Sense of Urgency and Winning Spirit. At nVenia, we offer an excellent total rewards package that includes:

  • Competitive compensation
  • Comprehensive benefits package designed to support our employees’ health, well-being, and financial security
  • Work/life programs designed to provide a safe, secure, and balanced environment
  • Education and training programs to develop and grow a high-performance workforce
  • Performance-based rewards

  • Global Product Manager

    2 months ago

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