Business Development Product Specialist
1 day ago
The Business Development Product Specialist is a key role within our organization, responsible for identifying new product and program opportunities, preparing business cases, developing go-to-market plans, and executing strategies defined by Business Development and/or the Company to increase market share and profitability.
Key Responsibilities:- Conduct market analysis to identify requirements for current & future programs and products supported by sales intelligence and other industry sources.
- Prepare business case data for opportunities related to new programs or product offerings.
- Present recommendations for implementation to stakeholders.
- Lead cross-functional project teams and processes related to business development growth initiatives.
- Project Management.
- Present project status & milestones to multi-functional leadership groups to gain approvals to proceed, prioritize, & implement.
- Conduct analysis of product lines and categories to determine the optimum portfolio to serve NFI's customer base and maximize profits.
- Product line management.
- Serve as the primary conduit between Sales, Marketing, Engineering, Procurement, Inventory Planning, Pricing, and Operations on new business opportunities.
- Act as the subject matter expert to provide support for Marketing & Sales to deliver internal & external training, marketing collateral, launch materials, and other activities supporting a successful launch.
- Travel to attend trade shows, customer locations, and supplier sites as required to drive business growth.
- Bachelor Degree in Business, Engineering, or equivalent experience in which has provided both theoretical and practical knowledge of the field.
- 3+ years of business development, new product development, or product line management experience in transportation, automotive, truck, bus or heavy-duty aftermarket parts or equipment.
- Strong market research and analysis, business case development and data analysis skills.
- Project management experience, including cross-functional teams.
- Product line management experience.
- Experience understanding customer and industry trends, parts cross referencing, and strategic sourcing opportunities.
- Excellent communication, presentation, and relationship-building skills.
- Strong verbal and written communication and organizational skills.
- Ability to work in a team environment, as well as autonomously.
- Proficient in MS Office.
- Strategic thinking.
- Ability to travel up to 15%.
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