The Specialty Manufacturing Company

Product Manager

White Bear Lake, MN
Full Time
Experienced
The Product Manager at The Specialty Manufacturing Co. will play a pivotal role in shaping the company's product portfolio and market strategy. This position will involve analyzing current markets, identifying growth opportunities, assessing product gaps, and leading new product development initiatives. The ideal candidate will have a strong blend of strategic vision, market analysis skills, industry knowledge and product management expertise.
Key Responsibilities:
Develop and shape a comprehensive product strategy aligned with the company's overall objectives. This involves identifying market opportunities, conducting market research, and defining product roadmaps.
Subject Matter Expert on market analysis to understand customer needs, competitive landscape, and industry trends to ensure informed product decisions and drive innovation.
Collaborate with various internal stakeholders such as engineering, sales, marketing, and manufacturing teams to ensure alignment and successful product launches.
Own product budgets, pricing strategies, revenue forecasts and competitive positioning while monitoring product profitability and adjusting as necessary.
Lead cross-functional teams through the entire product development lifecycle, from ideation to launch. This includes concept development, design, prototyping, testing, and manufacturing.
Manage the entire lifecycle of existing products, including analyzing performance, identifying areas for improvement, and making recommendations for enhancements or discontinuations.
Identify and mitigate risks associated with product development, manufacturing, and market dynamics to ensure successful outcomes.
Provide leadership to cross-functional team members to foster a culture of innovation and excellence.
Maintain essential knowledge of industry developments, emerging technologies, and regulatory changes to inform product strategy and innovation efforts.

Qualifications:
Bachelor's degree in Engineering, Business, Marketing, or related field.
5+ years of experience in product management, preferably in the manufacturing or industrial sector.
Proven track record of successfully launching and managing products from concept to market.
Strong analytical skills with the ability to interpret market data, financial metrics, and customer insights.
Excellent communication and collaboration skills, with the ability to influence cross-functional teams and stakeholders.
Dynamic leader with the ability to prioritize initiatives, set and exceed goals, and drive results in a competitive environment.
Knowledge of product development processes, methodologies, and best practices.
Significant experience with market segmentation, competitive analysis, and market positioning strategies.
Familiarity with any of the following industries a plus: Water Filtration, Beverage Dispensing, Marine/RV, Chemical Dispensing, Automotive, Technology
 
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