Product Development Director

6 days ago

Cincinnati, Ohio, United States PSG Full time

At PSG, we are a global leader in the pump, metering, and dispensing-solution industry. Our mission is to enable the safe and efficient transfer of critical and valuable fluids that require optimal performance and reliability in applications where it matters most.

We offer a unique combination of a small company atmosphere with an ownership mindset, allowing you to make close-to-the-customer decisions, an innovative approach to seeing beyond what is possible today, and an entrepreneurial spirit in pursuing new opportunities. Combined with the benefits of a large company's scale, tools, expertise, and financial strength with Dover.

Job Description

This role reports directly to the Site Director, Product Management, and is responsible for providing leadership and direction on product line lifecycle, price and position analysis, and recommendations to Commercial Leadership to maximize market share, profit, and revenue across the assigned Hydro product portfolio.

The successful candidate will perform analysis of market/customer demand, working closely with operations and planning teams to ensure Hydro meets both customer and market expectations.

In partnership with a cross-functional team, this Product Manager will develop, execute, and manage marketing strategy & planning for specified product portfolios.

Key Responsibilities:

  • Develop and execute profitable strategies for assigned portfolios.
  • Develop and maintain through Product Management a global product portfolio that supports market and customer penetration objectives of the global sales team.
  • Conduct market, industry, and competitive analysis to develop specific value propositions for assigned portfolios and ensure competitive market alignment.
  • Define new product development opportunities and build a robust funnel of prospective new investment projects in both existing and new markets.
  • Build business cases for new product ideas through Voice of Customer (VOC) research, and establish product specifications and design targets for these new products.
  • Develop global product strategies to grow existing and penetrate new markets.
  • Lead global pricing strategies and practices to ensure proper positioning and profits that meet expectations.
  • Effectively manage and communicate product launches, product changes, and product promotions both internally and externally.
  • Coordinate the global promotion of products and services to deliver profitable growth.
  • Provide support to the sales force through management of technical support resources, identification of target markets/accounts, and support on customer calls.
Requirements

Bachelor's Degree in Business, Engineering, or related field; Master's degree preferred, with business case development experience and significant global business development experience.

Experience at identifying both market and customer-related pain points and track record of translating them into solutions.

Proven track record of understanding technical challenges and translating them into commercial solutions.

Minimum of 5+ years of experience in product management, sales, or marketing.

Strong strategic thinking skills with the ability to develop long-term strategic plans and follow-up action plan to execute on these deliverables.

Strong verbal and written communication skills with the ability to influence at all levels of the organization.

Location

This role is based in Oakbrook Terrace, IL, USA, with the possibility of remote work.

Salary Range

$120,000 - $180,000 per year, depending on experience.

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