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Product Development Manager
2 months ago
About the Role:
Diversified Recruiting is seeking a highly skilled and experienced Product Manager to join our team. As a Product Manager, you will be responsible for managing and developing commercial product lines, driving profitable growth, and improving market share.
Key Responsibilities:
- Lead cross-functional teams, including engineering and manufacturing, to drive cost reductions, quality improvements, and new product launches.
- Develop and manage new product activities, ensuring timely and successful product introductions with appropriate marketing support.
- Create and own the 3-year product plan annually for commercial operator product lines, developing product category strategies for increasing product sales and margins.
- Analyze field input, market research, and competitive actions to develop market preservation and growth strategies.
- Own the Voice of Customer, translating market research into deliverable features and benefits that enhance product value.
- Identify and develop product category extensions and evaluate opportunities for profitable commercialization.
- Represent the company and product offering to sales channels and key customers, increasing sales and profitability.
- Support the sales team in developing sales tools and training.
- Work with brand management and sales to define the go-to-market strategy, understanding product positioning, key benefits, and target customer.
- Communicate product positions and advantages in the marketplace, providing communication vehicles for programs and products.
- Provide in-depth market, industry, and competitive analysis and positioning, researching market and consumers.
- Support standardization and cost reduction goals, conducting product line rationalization to optimize product offering and performance.
Requirements:
- Minimum of 7-10 years of product management/marketing experience in consumer durable goods, preferably electrical/mechanical consumer goods.
- Knowledge of manufacturing environments and sales organizations with multiple channels of distribution.
- Business development and product marketing background, with experience developing product plans, strategy work, and new product development.
- Knowledge of processes related to brand marketing, market research, sales training, and field communications.
- Computer literate in MS Office products.
- Excellent written and oral presentation skills for internal groups, clients, and trade groups/seminars.
- Good critical thinking skills.
- Six Sigma training a plus.
- Flexibility and adaptability.
- Action and results-oriented.
- Bachelor's degree in Electrical or Mechanical Engineering.