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Lead Product Manager
$106k-132k (estimate)
Full Time | Durable Manufacturing 1 Month Ago
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Vermeer Corporation is Hiring a Lead Product Manager Near Pella, IA

Who We Are

Vermeer equips customers doing important work around the world. We are global, driven by innovation and growing. The equipment we make manages natural resources, connects people and feeds and fuels communities. We live out a caring culture, we demonstrate agility, we keep a focus on customers and are stewards of our resources. These beliefs drive our culture, determine how we treat others and steer our business.

Job Summary

Work Shift

1 - First ShiftThe Lead Product Manager establishes the strategic direction for a global product line or group of domestic product lines within a strategic business unit based upon information from market research, sales groups, customer input, conducting competitive and market analysis of the markets or product lines. This role supports the execution of business plan by delivering market research, product specifications and managing product release cycles. This position determines market position for the product line(s) and meeting revenue and profitability goals of the assigned product line(s) within the strategic business unit.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

1. Lead by exhibiting the Vermeer characteristics of caring culture, demonstrating agility, customer focused and stewardship while modeling the associated behaviors. Supervise, organize, mentor and coach assigned team members in performance of their duties while influencing others to carry the Vermeer culture forward. Establish and monitor individual and team goals which are aligned with the organization's strategies and objectives to drive key business results. Use expertise to ensure department is serving its internal and external customers and meeting defined expectations.

2. Own and execute voice of customer (VOC) activities for new and existing products and markets. Share key learnings with development teams in the form of an executable product plan and product specifications. Use market knowledge to drive decisions in product development groups. Gather VOC information from customer facing teams within Vermeer to incorporate into the communication.

3.Set market-based pricing for new products within the product line while also regularly evaluating against product revenue and profitability goals.

4. Plan, create and implement go to market plan and strategies through inter-departmental support teams i.e. sales, marketing, finance, purchasing, product safety, production, engineering, quality and technical support teams. Develop product position and message for the product line(s) considering competitive positioning and win/loss analysis.

5. Organize and attend meetings, focus groups, and tradeshows to represent product line(s). Visit current and potential customers to partake in Voice of Customer and dealer relations activities. Develop product portfolio and prioritize opportunities for a global product line or domestic product lines.

6. Own the entire product life cycleincluding market evaluation using market research. Identify new product and market opportunities and define product strategy and roadmap through creation of product specifications and product release cycle. Lead marketing and commercialization to optimize product line performance in the market without product improvements. Perform buy, build or partner analysis for potential products in the defined market segment.

7. Evaluate ROI. Develop and present growth strategies to management and peers. Prioritize opportunities within the product portfolio to enhance market share and optimize profitability within the product line. Implement strategies to execute the product marketing plans to support the segment revenue goals.

8. Analyze potential partner relationships for the product. Manage alliance partners within the product segment.

9. Set durability expectations for products in product line.Monitor warranty and reliability rates.Drive priority for enhancement engineering efforts

10.Work with engineering managers on R&D needs to develop technology prior to introduction to product lines. Document in the form of a technology roadmap. Ensure alignment between technology roadmap and product roadmap.

Education and/or Experience

- Bachelor's degree with a marketing, engineering, or business major.

- Minimum of 7 years of related experience including business and product development, research skills, and customer retention skills, preferred; and/or equivalent combination of education and experience, required.

Other Skills and Abilities

- Knowledge of market research and assessment, product strategy, business planning, project planning for all assigned products, sales planning and execution.

- Ability to effectively manage products and services strategy and vision to positively impact sales goals, thorough growth in market share and accurate determination of ROI.

- Ability to provide informative and professional assistance when working with the public/customers and co-workers.

- Ability to maintain positive interpersonal relationships, which encourage openness with customers and peers using exceptional reasoning and problem-solving skills.

- Demonstration of good verbal and written communication skills. Solid coaching, listening and networking skills.

- Strong skills in reading technical documents, financial calculations, understanding industry trends and drivers, understanding of technical make up of products and services.

- Understanding of technology, ability to put plans together, ability to document reality and strategies in response to the knowledge of product development, financial and market considerations.

- Ability to handle confidential information, such as divisional and corporate P & L, product development plans, and budgets.

Travel

Up to 50% domestic and/or international travel by car or plane may be required.

Work Location

ONSITE: A team member's day-to-day work is best done on a Vermeer campus. If work content can be occasionally completed at an offsite location, discuss potential arrangements with your manager.

Equal Opportunity Employer

At Vermeer Corporation, we believe in the value of your unique identity, background, and experiences. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, marital status, genetic information, disability, sexual orientation, gender identity, veteran status or any other status protected by the law. Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact Team Member Solutions at (641) 621-8767 or at .

Interested? We'd love to get to know you.

All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, age, disability or veteran status.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$106k-132k (estimate)

POST DATE

03/27/2024

EXPIRATION DATE

05/26/2024

WEBSITE

vermeer.com

HEADQUARTERS

PELLA, IA

SIZE

3,000 - 7,500

FOUNDED

1948

TYPE

Private

CEO

JASON ANDRINGA

REVENUE

$500M - $1B

INDUSTRY

Durable Manufacturing

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Vermeer is a manufacturer of agriculture, construction, surface mining, tree care, organic recycling and wood waste processing equipments.

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The job skills required for Lead Product Manager include Analysis, Product Development, Product Strategy, Problem Solving, Product Marketing, Go To Market, etc. Having related job skills and expertise will give you an advantage when applying to be a Lead Product Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Lead Product Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Lead Product Manager positions, which can be used as a reference in future career path planning. As a Lead Product Manager, it can be promoted into senior positions as a Product Manager IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Lead Product Manager. You can explore the career advancement for a Lead Product Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Lead Product Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Lead Product Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Lead Product Manager job description and responsibilities

They’re responsible for overall product strategy and alignment within their teams and with other parts of the organisation.

03/30/2022: Lawrence, MA

Product managers set the strategy, roadmap, and feature definition for a product or product line.

02/13/2022: Jackson, MS

Manages the entire product lifecycle and product roadmap.

02/19/2022: Parkersburg, WV

Supports the development team by prioritizing the product backlog and creating user stories.

03/11/2022: El Paso, TX

Product managers must be able to objectively enforce prioritization to successfully complete tasks and meet goals and deadlines.

01/30/2022: Lawton, OK

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Lead Product Manager jobs

Rather than having any official authority over people, they act as a leader by guiding teams towards a shared end goal.

03/21/2022: Bangor, ME

Product Managers can usually expect to work alongside other team members and not above them.

02/25/2022: Harlingen, TX

Works with the engineering team on core specifications and product functionality.

03/29/2022: Galveston, TX

Product managers rely on the development team and product designers to build the right product.

02/12/2022: Buffalo, NY

Embrace an agile approach to product management.

03/05/2022: Fort Myers, FL

Step 3: View the best colleges and universities for Lead Product Manager.

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