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Sr. Product Manager - Automation Solutions - Randolph Wisconsin
Company: Regal Rexnord Corp Location: Randolph, Wisconsin
Posted On: 09/07/2024
Position Summary:The Sr Product Manager at Regal Rexnord will be part of a team focused on driving sustainable growth within strategic industries for Automation Solutions product lines. You'll be responsible for developing and executing strategic plans, ensuring product excellence, and collaborating with cross-functional teams to meet customer needs. You must be passionate about innovation with purpose, customer success, and continuous improvement to be fully successful in this role.Location: This is a hybrid position and located in Randolph WI or Oshkosh WI.Major Responsibilities:Product Strategy and Roadmap: - Develop and implement a comprehensive product strategy for conveying technologies that allow growth in core and adjacent markets
- Define and execute product roadmaps aligned with business objectives.
- Identify market trends, customer needs, and competitive landscape to influence the product roadmapProduct Lifecycle Management:
- Manage the entire product lifecycle, from concept to end-of-life
- Define pricing strategies and product positioning
- Monitor product performance, analyze sales data, and recommend improvements.Product Development:
- Ability to translate market analysis and voice of the customer into executable marketing specifications for new product development
- Collaborate with engineering, marketing, and manufacturing teams to design, develop, and launch new products.
- Complete market and product requirement documentation for new product concepts.
- Ensure timely execution of product development projects.
- Familiarity with gated NPD product developmentMarket Analysis and Customer Insights:
- Conduct market research to understand customer pain points, preferences, and emerging trends.
- Gather insights from customers, sales teams, and industry experts to inform product decisions.
- Monitor competitive offerings and adjust product strategies accordingly
- Identify threats and substitutes to product categories and develop strategies to mitigate impactCross-Functional Collaboration:
- Work closely with sales, marketing, operations, and customer service teams.
- Provide product training and support to internal stakeholders.Quality and Compliance:
- Ensure product compliance with industry standards, safety regulations, and certifications.
- Address quality issues promptly and drive continuous improvementExperience and Skills Required:
- Bachelor's Degree in Engineering or Business
- Minimum 5-7 years of relevant B2B product management and new product marketing/ commercialization experience in the industrial manufacturing industry
- Willingness to travel 20-30%
- Position will have direct reports, comfort leading and mentoring a team supporting growth and developmentPreferred Experience:
- Knowledge of product/container handling components, systems, industries a plus
- Experience building new product channel preferred
- Masters of Business Administration or equivalent preferred#LI-PF2#LI-HYBRIDBenefits
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