Product Development Manager

9 hours ago


Durham, Durham, United Kingdom Nigel Wright Recruitment Full time

**Job Title:** Product Manager

**Job Summary:** Nigel Wright Recruitment is delighted to be supporting a successful manufacturing business in their search for a Product Manager. This is a fantastic opportunity for an experienced product manager seeking a new challenge to join a growing business with significant investment.

**Key Responsibilities:**

  • To oversee the development and improvement of products within assigned portfolio.
  • To create products which represent the customers values by understanding the target customers experience and determining a roadmap to meet requirements.
  • To present a business case for product developments and determine the profitability of these opportunities.
  • To work with the product development and account management teams, the dealer network and the end customer; to establish product requirements for all projects.
  • To have a robust process for conducting 'voice of the customer research' throughout the development project.
  • To examine and benchmark competition products to ensure a competitive position in the market.
  • To develop' top down' product pricing strategies, based on conducting price vs volume analysis, identifying the optimum market placement.
  • To develop good relationships with dealers to gain an understanding of their requirements.
  • To commercially monitor sales of the products and produce monthly analysis on profitability.
  • To build a roadmap for Value Analysis & Value Engineering (VA/VE) in partnership with the purchasing and R&D teams.

**Requirements:**

  • Previous experience in product management roles within a Manufacturing oriented business.
  • Experience with product development of high revenue / investment projects.
  • Experience of B2B/B2C or complex customer environments.
  • Minimum of 3 years' experience in product management.
  • Knowledge in marketing and how to take products to market.
  • Excellent communication and stakeholder management skills.
  • Competent in Microsoft office.
  • Good organisational skills.
  • Self-motivated with a high degree of creativity and initiative.
  • Commercially astute and skilled at analysing data.

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