Product Development Manager

5 days ago

Eagle, Colorado, United States Teksky LLC Full time
About the Role

We are seeking a highly skilled Product Development Manager to join our team at Teksky LLC. As a key member of our product development team, you will be responsible for driving the development of new products that meet the needs of our customers and align with our business strategies.

Key Responsibilities
  • Product Development: Identify new product opportunities that are customer-driven and competitively advantageous. Define market potential and product positioning.
  • Project Leadership: Lead product development projects through a stage gate process to launch new products that align with overall business strategies and growth objectives.
  • Vendor Management: Work with external vendors, with the support from the sourcing and engineering teams, to develop products that meet identified customer needs, cost targets, schedules, quality levels, and manufacturability requirements.
  • Market Intelligence: Develop and maintain competitive landscape intelligence including market trends, key players, existing products, new product opportunities, competitive pricing, and marketing strategies.
  • Collaboration: Collaborate with cross-functional teams including sourcing, engineering, marketing and creative to deliver high-quality products.
  • Marketing Strategy: Generate and implement comprehensive marketing plans, promotional programs, and product positioning/messaging to differentiate and strengthen sales of existing key product lines.
  • Product Content: Obtain product specifications, copy ideas and shipping information from vendors; draft new product ads and promotional materials, and prepare new product information for catalogs and websites.
  • Vendor Relationship Management: Optimize ongoing vendor relationships by managing products and lead times, identifying potential problem areas, and addressing quality-related issues that may arise.
  • Product Training: Ensure existing product content is up to date and reflective of current dimensions, materials, and manufacturing processes. Create and deliver product training programs and sales tools for the Customer Service and Sales teams.
  • Industry Networking: Attend tradeshows to network with existing vendors and identify new suppliers.
  • Travel: Travel as needed to vendors (domestic or international), as well as local travel to visit with the internal engineering team.
Requirements
  • Education: Minimum of a bachelor's degree in business, marketing, or related field.
  • Experience: 5 or more years of product management or product development experience.
  • Skills: Strong project management skill set - ability to prioritize and manage multiple projects/program elements simultaneously. Strong critical thinking skills and willingness to roll up one's sleeves to get the job done. Experience in the furniture industry and/or a strong sense of industrial design is a plus. Excellent written and verbal communication skills. Action-oriented and results-driven.

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