Senior Product Manager

3 weeks ago


Broomfield, Colorado, United States Justrite Manufacturing Company, LLC Full time

About the Role:

The Senior Product Manager will play a critical role in driving the key performance indicators of the company, including compelling product line strategy, growth above market rates, margin expansion, and vitality index for new product development.

This position will report directly to the Motion Safety Business Unit VP/GM and will be responsible for developing and maintaining the product line roadmap aligned with company goals and market needs.

The ideal candidate will have a minimum of 10 years of direct experience in Product Management, product support, or related functions within a manufacturing or tangible goods business.

Key Responsibilities:

  • Develop Product Line Strategy to drive profitable growth
  • Identify and support execution of opportunities to drive profitable growth through increased penetration at existing customers/distributors and at new customers, distributors, markets, and applications
  • Conduct market research and analysis to identify trends and opportunities
  • Develop and maintain the product line roadmap aligned with company goals and market needs
  • Manage the product development process from concept through to launch
  • Support successful commercialization of new products in collaboration with Marketing and sales teams
  • Drive Margin Expansion Management Actions
  • Create pricing strategies and updates based on value, economy, penetration, and competition
  • Maintain MAP and distributor/customer pricing to meet profitability and growth goals
  • Own product line profitability/margin expansion by managing pricing strategies and championing cost savings through value analysis and value engineering
  • Identify and support execution of product enhancements, support quality improvements, and cost reduction opportunities
  • Define Product Value Proposition
  • Monitor and analyze product performance, conduct usability testing, and gather feedback to drive improvements
  • Conduct VOC and market research to define product requirements and specifications to meet customer needs and business objectives
  • Develop and document compelling value proposition based on customer needs and competitors
  • Champion the voice of the customer and ensure their needs are met throughout the product lifecycle
  • Sales Support and Product Data Management
  • Support Sales and participate in key large industry events and customer meetings to promote the products, services, and overall brand
  • Ensure product data management is current and provides support to marketing, sales, and E-commerce teams
  • Team Development and Leadership
  • Lead cross-functional teams through influence and collaboration to execute product initiatives
  • Mentor and coach junior product managers and other team members
  • Foster a culture of innovation, excellence, and teamwork within the product management organization
  • Communicate product plans and progress to stakeholders across the organization

Requirements:

  • Bachelor's degree and Master's Degree preferred or equivalent years of experience
  • Minimum of 10 years direct experience in Product Management, product support, or related functions within a manufacturing or tangible goods business
  • Demonstrated success in delivering products from concept to launch in a fast-paced environment
  • Ability to travel 30% of the time
  • Additional qualifications that could help you succeed in this role include proficiency in Microsoft office, Excel, PowerPoint, ability to conduct research and analyze data to glean valuable insights and identify opportunities to grow sales, strategic thinker, proven ability to execute on strategy and action plan, organized, focus on managing and meeting deadlines, ability to multi-task, strong business acumen and professional demeanor, excellent written and verbal communication skills, including speaking in leadership meetings, and a passion for innovation


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