Summary: Plans, organizes, and controls one or more Stellar Industries product lines from conceptual stages through product life cycles to optimize profit and meet marketing, financial, and corporate growth objectives.
• Develops overall product strategy, research & development requirements, and manufacturing coordination for new and emerging products
• Coordinates product development, estimates of potential profits, and release to production
• Provides technical expertise and training to other departments in support of product development
• Conducts marketing analysis to develop product definitions.
• Collaborates with a wide variety of functional areas such as sales, engineering, marketing, manufacturing, and operations to develop and provide product definitions responsive to customer needs and market opportunities
• Develops and maintains a prioritized list of customer and market requirements for product
• Coordinates and develops marketing and sales plans for product line; coordinates engineering and financial plans with respective department heads or designees
• Provides financial and technical justification for product selection and definition
• Prepares product development objectives and schedules for all phases of product development and introduction to market.
• Conducts market research and identifies and tracks market trends in company's industry
• Produces competitive analysis materials comparing product with its key competitors
• Identifies partnering opportunities for complementary third-party products to broaden company's product line
• Provides overall sales support for the product line including coordinating with appropriate resources the development of sales training and support material
• Maintains communications and contacts to collect and analyze technical, financial, schedule, and sales information for product line
• Set and track product objectives and goals
• Participate developing and implementing improvements in the Product Development Process
• Report on product metrics and implement improvements
• Support the preparation of annual and long-range sales forecasts
• Liaise with Sales and Marketing to ensure brand consistency and increase sales
• Research competition to identify threats and opportunities
• Monitor and analyze industry trends and market changes
• This position does not have supervisory responsibilities.
• The position of Product Manager will have constant interaction with all levels of the Stellar organization as well as customers and suppliers
• Proven work experience in product management, sales, marketing or engineering
• Solid technical background with understanding and/or hands-on experience in machinery development and associated technologies
• Skilled at working effectively with cross functional teams at all levels
• Individual must have a good understanding of, and show implementation of, Stellar Industries policies and procedures
• BA or BS degree from an accredited four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience desirable
• Some overnight travel by car or air is expected which may include week-ends according to sales development and national trade show needs
• Must have and maintain a valid driver’s license; a CDL or the ability to obtain a CDL license is a plus
• Proficient with the use of PC’s including Microsoft Office or similar software
• Familiar or the ability to learn to use existing enterprise software