JOB REQUIREMENTS:

Job Category: Sales, Marketing & Product Management

Schedule: Full time

Job Description:

PURPOSE AND SCOPE

This position is responsible for the development and implementation of the short and long-term strategic plans for specified product portfolios. Incumbent will plan, organize, and control assigned product lines through product life cycles to optimize profit and meet financial and corporate growth objectives. As a member of the Operating Company Leadership Team, the Director Product Management is responsible for executing the annual product portfolio business plan in North America and providing guidance for key global markets.

ESSENTIAL DUTIES AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

Product/Portfolio Strategy
Establish vision and strategic plan for product/segment/portfolio. Develop and execute product strategies to achieve or exceed the operating company objectives of innovation and growth for the specified market segment portfolio. Prioritize opportunities with strategic alignment and analytics. Collaborate with distribution and engineering to define new product offerings, pricing, marketing, and sales strategies.
Portfolio Roadmap
Manage and maintain a 3+ year portfolio roadmap. Develop, grow, and sustain product portfolio. Define product requirements incorporating customer and market insights from sales, service & marketing. Lead cross functional team to gain insights on product concepts and finalize roadmap decisions. Develop and manage business case for selected product investments. Determine product pricing & incorporate market/economic-based models from marketing.
Product Lifecycle
Manage the overall product life cycle to minimize portfolio complexity, maximize profitable growth and increase customer loyalty. Initiate end-of-life actions for products that no longer add value to the company portfolio. Lead operating rhythm and collaborate with cross-functional team to deliver the roadmap on time with high-quality deliverables and deliver target business results. Manage critical risks across the product development process and drive immediate resolution to escalated customer challenges.
Market Insight & Continuous Improvement
Perform competitive analysis and identify gaps that exist within the operating company portfolio, including product positioning, design/cost-out opportunities, supplier changes, etc. Identify insights on customer pain points and opportunities, understanding product trends, the current and future needs of the market, and the overall customer experience. Lead continuous development, in collaboration with engineering, and incorporate innovative technology into the portfolio. Initiate and drive margin analysis.

APPLICATION INSTRUCTIONS:

Apply Online: ipc.us/t/40D62583F3914AAB

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RITE-HITE HOLDING CORP

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