Product Manager - Fort Wayne, United States - NIdec Motor

Description

Job Summary

The role is responsible for leading the design, development, and "go to market" strategy for the Low Voltage Controllers product category for the business.

This role is responsible for achieving product sales year on year growth targets.
Job Description
Build and drive a clear and cohesive product strategy
Lead the development and strategy review process for Low Voltage Controls
Translate key customer needs and market trends into clear product requirements
Build out a clear and actionable technology roadmap for low voltage controls
Communicate product activities and progress of the product strategy to management
Align stakeholders around the vision for the product(s)
Develop long term roadmaps for product developments and define the sales potential and investment required
Identify core product capabilities can be utilized to grow sales, especially in novel ways
Effective management of product requirements and the product development pipeline
Determine product requirement processes for the low voltage controls products
Determine profitability processes for their product segment
Clearly define, track and update product requirements for low voltage control product development programs
Develop marketing plans for low voltage control product development programs
Translate product vision and strategy into detailed requirements for prototyping and final development by engineering teams
Work closely with product development teams to provide application information and context for product requirements
Provide final sign-off on product specifications
Prioritize product features and capabilities
Track project milestones, provide escalation if need be
Provide oversight and guidance on VA/VE programs
Support organizational and operations activities
With input from market managers and sales, define need production footprint (locations, country of origin, etc)
Define end-of-line plans for products and product lines
Provide existing and new product forecasts for capacity planning
Use market and benchmark information to help drive understanding of competitive cost levels
Enhance sales activity and drive effective customer engagement for low voltage controls
Listen to and understand key needs and value drivers of the customers to influence the product strategy
Act as a subject matter expert for products and capabilities
Gather voice of customer on new product development programs and interpret customer feedback into actionable intelligence
Support sales engagement with key product features, benefits and specifications
Work with sales to identify fit of products to their markets
Accurate and timeous reporting
Regular reporting on growth pipeline as it relates to low voltage controls
Tracking and reporting the sales that result from investments made in low voltage controls segments
Provide top level overviews of low voltage controls projects and their status and outcomes

ESSENTIAL:
Able to collect, filter and define key sets of capabilities that allow a product platform to be successful across multiple markets
Can clearly define the requirements and profitability of products
Able to build a clear, purposeful product and platform roadmap based on input from market leads, sales, etc
Able to act as a subject matter expert when communicating with internal and external stakeholders and customers
Ability to manage the expectations of all relevant stakeholders
Actively drives new product development for their platform to ensure targets are achieved
Clear understanding of development cost, opportunity costs and ROI when managing product portfolio.

MINIMUM REQUIREMENTS
Bachelor's degree in Engineering or related field.
8 years relevant experience

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