Product Manager
2 days ago
As a Global Product Manager at PSG®, I lead the strategic direction for the Hydro product portfolio, focusing on market share and profitability through lifecycle management and competitive analysis. My role involves collaborating with cross-functional teams to develop and execute marketing strategies, manage product pricing, and ensure alignment with customer and market needs. With over 5 years of experience in product management, I translate market demands into successful product solutions while driving growth in existing and new markets.
PSG® is the global pump, metering and dispensing-solution expert, enabling the safe and efficient transfer of critical and valuable fluids that require optimal performance and reliability in applications where it matters most. Additionally, PSG is a leading provider of flow meters designed to reduce waste and downtime while accurately measuring, monitoring and controlling the distribution of fluids. Headquartered in Oakbrook Terrace, IL, USA, PSG is comprised of several world-class brands, including Abaque®, All-Flo™, Almatec®, Blackmer®, Ebsray®, em-tec®, Griswold®, Hydro™, Malema™, Mouvex®, Neptune®, PSG® Biotech, Quantex™, Quattroflow®, and Wilden®. PSG products are manufactured on three continents – North America, Europe, and Asia – in state-of-the-art facilities that practice lean manufacturing and are ISO-certified. PSG is part of the Pumps & Process Solutions segment of Dover Corporation. For additional information on PSG, please visit psgdover.com.
We thrive on winning and being number one; and are always looking to add the best and brightest to our talented team of professionals. PSG offers a unique combination of the both small company atmosphere: with an ownership mindset that allows you to make close-to-the-customer decisions; an innovative approach in seeing beyond what is possible today and entrepreneurial spirit in the pursuit of new opportunities; combined with benefits of a large company’s scale, tools, expertise, and financial strength with Dover. Join PSG, a growing global company where your curiosity, hard work and ambition is rewarded with exceptional career opportunities in a friendly & fast paced environment.
PSG is part of the Pumps and Process Solutions segment of the Dover Corporation® (NYSE: DOV). Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible.
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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Work Arrangement : Onsite
Salary Range : -
We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.
All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact accommodations@psgdover.com for assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.
Job Function : Product Development
Keywords:
Product Manager, Product Development, Market Analysis, Competitive Strategy, Pricing Strategy, Global Business Development, Hydro Products, Lifecycle Management, Cross-functional Team, Technical Support
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