Senior Product Manager

Sr. Product Manager

Madison, WI, WI

Description

JOB PURPOSE or JOB SUMMARY:

The Product Manager’s primary role is to develop, implement and maintain the global maximatecc product and business strategies for gauge, cluster, and displays. Responsibilities include market and competitive analysis, pricing and margin management, new product development, life cycle management, commercialization, go-to-market strategies, project management, sales support, product roadmaps and long-term growth of the product line. This position works very closely with all functional departments to support opportunity pursuit and product development.

ESSENTIAL DUTIES and RESPONSIBILITIES:

• Develop and recommend product roadmap plans used to develop global strategic goals. This is accomplished through
• Conducting market studies, including VOC to understand new/adjacent market opportunities and assess viability
• Integrating market product position (feature, benefit, value) for support of product design definitions.
• Validating value propositions to differentiate product lines
• Analyzing competitive landscape threats, opportunities and market and technology trends
• Analyzing new product concept viability including sales volume, price, cost, margin and profit potential
• Direct the implementation of the global product line strategic plan to prioritize and maximize company and product line profitability and investments.
• Develop new product business case and required documents
• Direct Go-to-Market strategies for assigned new projects. This includes working with marketing on collateral development.
• Manage the portfolio profitability by reviewing and taking actions to maintain the overall portfolio gross margin through pricing actions, product obsolescence, or internal cost reduction initiatives.
• Manage the product family life cycle. As product goes through its maturity cycle, determine when upgrades (e.g., software or hardware) need to be planned and phased in. Also, given how technology changes, when it is important to phase out the product and how it will be replaced.
• Manage the Engineer Service Request (ESR Process) PM gateway process. This includes coordinating activities to ensure completion of the quoting process.

COMPETENCIES:

• Strategic Analysis: Ability to make recommendations and execute strategy that puts the business in a position to sustainably grow while outpacing competitive maneuvers
• Market Research: Ability to conduct both OEM and aftermarket research
• Project Management: Knowledge of project management techniques and project charters to maintain focus
• Concept Development: Ability to generate and develop new and creative concepts based on Customer’s unmet needs
• Customer Service (Internal/External) - Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments
• Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
• Adaptability - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events

PREFERRED QUALIFICATIONS:

Education: BS/BA degree in Business or Engineering or relative technical field or equivalent previous experience.

Experience and/or Training: Product management experience (prefer 5 years).

Travel: This position requires some travel (i.e., to customers and non-customer sites in North America and internationally (= 25%)

Technology/Equipment:

Comprehensive knowledge of products and their applications: instrumentation & displays, preferably in mobile off- highway products (e.g., Construction equipment) and applications. This includes hardware and software development applications.

Computer literate: Experience in Microsoft Office Applications, Power-BI, Smartsheet

What We Offer:

• Comprehensive Health Benefits: Enjoy medical, dental, and vision coverage for positions of 30 hours/week.
• Health Savings Account: Benefit from annual employer contributions to your HSA.
• Company-Provided Insurance: We offer life insurance, accidental death and dismemberment coverage, and short-term disability insurance.
• Voluntary Insurance Options: Choose additional coverage for yourself, your spouse, and your children, including critical illness, accident, hospital indemnity, and long-term disability insurance.
• 401(k) Plan: Take advantage of our 401(k) with matching contributions, fully vested from day one.
• Educational Support: Access tuition reimbursement and scholarship opportunities to further your education.
• Lifestyle Reimbursement: Receive a $150 Amazon gift card upon completion of your annual physical.
• Wellness Program: Participate in health coaching, monthly webinars, quarterly challenges, and earn gift card incentives for participation and earning points.
• Safe Work Environment: Work in a clean and safe environment.
• Generous Paid Time Off: Enjoy 14 paid holidays, including a holiday shutdown between Christmas and New Year’s, plus paid vacation available from day one.
• Paid Parental Leave: Take advantage of paid parental leave to support your family.