The Product Manager PM leads the organizations efforts to design, develop, prototype, test, and introduce products services to the marketplace, as well as product refinement upgrades. In addition, the Product Manager oversees development and management of the Product Life Cycle Management LCM plan. The Product Manager may have responsibility for a line of products i.e., the brand if the organization is large.Responsibilities Manages the product design and development process.Coordinates and supports product launches with Sales, Marketing, Production, and other departments.Reviews and analyzes data from within e.g., sales, accounting numbers, marketplace, competition, customer feedback, social media use to determine what productsservices to develop, what to upgradeimprove, and what to discontinue.Selects and manages the members of the product development team.Develops and manages Product LCM plan manages product life cycles.Determines customers needs and desires by specifying the research needed to obtain market information.Recommends the nature and scope of present and future product lines by reviewing product specifications and requirements appraising new product ideas andor product or packaging changes.Assesses market competition by comparing the companys product to competitors products.Provides source data for product line communications by defining product marketing communication objectives.Obtains product market share by working with sales director to develop product sales strategies.Assesses product market data by calling on customers with field salespeople and evaluating sales call results.Provides information for management by preparing shortterm and longterm product sales forecasts and special reports and analyses answering questions and requests.Facilitates inventory turnover and product availability by reviewing and adjusting inventory levels and production schedules.Brings new products to market by analyzing proposed product requirements and product development programs preparing returnoninvestment analyses establishing time schedules with engineering and manufacturing.Introduces and markets new products by developing timeintegrated plans with sales, advertising, and production.Determines product pricing by utilizing market research data reviewing production and sales costs anticipating volume costing special and customized orders.Completes operational requirements by scheduling and assigning employees following up on work results.Maintains product management staff by recruiting, selecting, orienting, and training employees.Maintains product management staff job results by counseling and disciplining employees planning, monitoring, and appraising job results.Maintains professional and technical knowledge by attending educational workshops reviewing professional publications establishing personal networks participating in professional societies.Contributes to team effort by accomplishing related results as neededReports directly to the organizations Presidentchief executive. Works in conjunction with RD, Sales, Marketing, Production, and other departments.Other duties assigned by the management
Job posted: 24.5.2020