Product Development Manager

4 days ago


Downers Grove, Illinois, United States Regal Rexnord Corp Full time

Job Summary

The Commercialization Specialist will be responsible for developing and delivering technical and commercial training, conducting ongoing competitive and market analyses, and overseeing the implementation of commercialization and vitality initiatives to meet product line revenue targets.

Key Responsibilities

  • Maintain the product life cycle within the screw jack product family
  • Provide commercial support to the Senior Product Manager for revenue growth, pricing strategies, and margin expansion
  • Develop content to support the product marketing teams
  • Develop collateral and tools to equip the sales organization and channel partners
  • Manage product life cycle of existing products and services
  • Coordinate and project manage customer opportunities and growth initiatives across the organization
  • Prepare cost estimates and price recommendations to ensure attainment of revenue and margin targets
  • Update data, systems, and processes to ensure accurate and timely pricing
  • Provide content to Marketing Communications in support of external product promotion programs, creative campaigns, and online product information
  • Market Research & Strategy Development for new product development

Requirements

  • Bachelor's Degree in Engineering, Business, or related technical field with 3-5 years relevant experience
  • In lieu of Bachelors degree, 10+ years relevant experience
  • Comfortable working in cross-functional, commercial, and multi-cultural teams
  • Knowledge of basic financial fundamentals (price, cost elements, margin, etc.)

About Regal Rexnord Corp

Regal Rexnord Corp is a 5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion.

The Company's automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord Corp has offices and manufacturing, sales and service facilities worldwide.

We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills.



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