Product Manager

2 weeks ago

Columbia City, United States Regal Rexnord Full time

SUMMARY

The Product Manager is the global RRX champion and expert for assigned product lines with primary responsibility for developing and implementing strategies to optimize market share, sales growth and profit, as well as spearheading multidisciplinary efforts to achieve Product Line Simplification, and implementation of 80/20.

In addition, the Product Manager may perform market management responsibilities on defined market segments. In this role the Product Manager will be the owner of Columbia City’s assigned products and/or customers, looking for existing and future opportunities to employ our products and technologies.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.- For assigned product lines and market segments, gather, analyze, communicate and coordinate the implementation of necessary changes to address the following:
- Customer needs (VOC)-
- Industry/Market needs and trends-
- Customer opportunities-
- Industry/Market opportunities-
- Develops and maintains a comprehensive product and/or market plans for “A” customers, updating regularly and communicating the vision to management for review and support.- Coordinate Columbia City’s activities worldwide on programs required to support multi-national customers and industries including sales activities, Engineering activities, Logistics activities- Quotation and launching of major programs- Manage product line(s) to achieve goals of product growth and profitability, utilizing tools including;- Product Line Simplification along with 80/20 analysis, and relevant plans for “A” customers as well as Quad 4- Value engineering exercises, and asset management (inventory, capacity, where made)- New product introductions, and product portfolio information- Promotion (PR, sales collateral, trade shows, trade associations, advertising)- Target customer sales efforts- Works closely with the appropriate sales and marketing teams, as well as engineering and manufacturing, to keep all informed on pertinent market and product activities and trends at key customers, including;- Current and future projects-
- New or modified product needs-
- Competitive activity-
- Real market pricing-
- Technology and product trends-
- Communicate strategic direction on key product and market responsibilities;- Channels to utilize-
- Specific product requirements (features, benefits, costs, technical)-
- Desired brand-
- Pricing-
- Systematically monitor and track market share, segmentation, competitors, industry trends, results from initiatives, goals and objectives, sales, margins, and other key data and report as required by management.- SWOT analysis-
- Top customer reports-
- Market/Product reports-
- 3rd party industry and research reports-
- Policy Deployment-
- Monthly management reports-
- Sales forecast-
- Acquisition targets-
- Drive change and continuous improvement to ensure long term health of the global product line.- Ensure coordination and transfer of technology across manufacturing plants and technical organization, world-wide, which produce assigned products.- Responsible for all commercial activities including:
- Global pricing-
- Quotations-
- Terms and conditions of sale-
- Delivery and lead time requirements- Maintains efficient and secure processes related to documents, drawings, intellectual property, customer prototype product orders, product realization, cost estimates, quotes, customer contracts, and other commercial documents.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience- BS degree in accredited engineering or business program or comparable experience.- Additional requirements include strong analytical, communication and conflict resolution skills- 5+ years of experience required in a manufacturing environment- Outstanding project management, group coordination, training, communication and presentation skills- Effective and collaborative problem-solving skills- Self-motivation, drive, energy, and resilience- Excellent interpersonal skills: positive, persuasive, motivating- Demonstrated talent for building effective relationships with individuals at all levels in the organization- Strong business acumen and cost analysis skills- Comprehensive Knowledge of Columbia City’s Magstop Products, or previous Product Management and/or Project Management (Product Launch) experience

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT

The

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