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Product Development Manager
2 months ago
WAC Is Celebrating 40 Years of Growth in Innovation and Technology
We offer robust compensation and benefits packages and professional growth opportunities
Apply today to explore why we are a top employer
Location: Hybrid Opportunity, Port Washington, NY 11050
Do you have experience managing the life cycle of new product development for luxury manufactured consumer product brands? If so, please consider our exciting growth based career opportunity in Port Washington
The Product Manager for Decorative Luminaire drives global manufacturing and engineering resources to lead new product development & line extensions from concept throughout product life cycle. This position drives effective market research and develops product that align with customer needs. The role includes analyzing return on investment, recommending worthwhile product investments, and ensuring ROI of development initiatives are realized.
Major Duties and Responsibilities:
- Effectively manage and drive global factory resources to meet product rollout deadlines, overcoming barriers as they arise.
- Manage material/development costs and product life cycles to ensure ROI on new product initiatives.
- Collaborate closely with Marketing and Sales teams to develop market research strategy, effectively identifying customer needs for new products and existing product improvements.
- Work with internal and external Design resources to identify trends and develop cutting edge new product concepts, meeting customer expectations and achieving sales targets.
- Manage the development of new product proposals, to include design engineering architectural concepts and specifications.
- Work closely with the sales team to define sales forecasts based on product specifications.
- Work closely with product and purchasing teams to identify cost associated with product development. Analyze ROI and deliver recommendations on products worth moving forward.
- Manage schedules for production including pilot run, product and finish review, label production, and initial order quantities (IOQ).
- Work cross functionally with Product Managers and Engineers to provide the appropriate technical materials including product design story, specifications, photometrics, etc. to support effective product launches.
Requirements:
- Bachelor Degree Business, Design, Engineering, Industrial Design, or a closely related field of study.
- 5-10 years experience managing the life cycle of luxury brand manufactured consumer products.
- Proven ability to drive directives through non-direct reports.
- Proven ability to develop strong relationships with strategic partners.
- Strong interpersonal, analytical, verbal and written communication skills.
- Proven ability to meet tight and changing deadlines.
- Effective presentation skills and the ability to communicate with individuals at all levels of the organization.
- Attention to detail in composing materials, establishing priorities and meeting deadlines.
- Ability to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks/demands.
- High level applied knowledge of a variety of computer software applications (Microsoft Excel, Word, PowerPoint).
- Ability and willingness for approximately 25% Domestic and International travel as needed.