Dover

Product Manager

Posted on: 25 Jan 2021

Roseville, MN

Job Description

Job Summary:

The Product Manager will grow the assigned products, respective market share and profitability by identifying competitive and market opportunities, potential products and operational improvement needs by conducting market research to understand product requirements, specifications, and pricing environment. The position will develop marketing strategies and manage the technical and business aspects of assigned product lines throughout their lifecycle from product launch through mature product EOL, in order to satisfy our customers' needs and thereby maximize the revenue and profit generated by those product lines.

Essential Responsibilities:

* Be the subject matter expert (SME) to all levels of the organization for assigned products and associated key markets including technical attributes and value proposition.
* Create and maintain 3-5 year Product roadmaps based on market research, VoC interviews, competitive solutions, technology drivers and regulatory inputs to guide portfolio optimization, eliminating gaps and redundancies.
* Collaborate with, support and guide Operations on quality, cost, product lead-time, stocking, inventory and supply chain objectives.
* Work with Marketing Communications to define objectives, create collateral and selling tools for assigned products.
* Develop, promote and train the CPC organization and channel partners globally, on the value proposition, products and key messages to grow market share and bring new products to market.
* Collaborate and create proposals and business cases for new/future product lines and extensions to existing products including; market sizing, product specifications and requirements, target costs and sell prices, return-on-investment analyses and launch schedules.
* Work with Sales at target accounts to develop relationships with key decision makers and thought leaders at target and strategic accounts.
* Deliver annual product pricing recommendations by utilizing market research data; reviewing production, sales costs and short-term and long-term product sales forecasts.
* Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

Basic Qualifications:

* Bachelors degree
* Minimum 5+ years of product marketing experience
* Minimum 5+ years of experience developing and implementing effective product roadmaps and strategies in a B2B setting

Preferred Qualifications:

* MBA
* Experience working with industrial and medical OEM customers, channel partners/distributors and contract manufacturers in a B2B environment
* Experience defining and launching new products to market
* Comfortable with ambiguity; able to remain productive in uncertain situations
* Creative problem solver with global perspective
* Strong written and oral communication skills
* Experience with fluid handling products/markets
* Experience working with and understanding distribution channel dynamics
* Strong business and financial acumen

Supervisory Responsibilities:

* None

Travel: Available to travel 25-35% domestic and internationally

This job description is not designed to contain a comprehensive list of tasks, responsibilities or duties. Colder Products Company reserves the right to amend to meet legal, business and organizational requirements as necessary.

About CPC (Colder Products Company):

We are Colder Products Company, the industry leader in the design and manufacture of specialized quick disconnect couplings for the life sciences, industrial, and chemical handling markets. Used around the world in a broad range of applications, connection technologies from Colder Products Company allow flexible tubing to be quickly and safely connected and disconnected, reducing spills and increasing safety. Colder Products Company, a Dover company, is based in St. Paul with global offices and operations in Europe and Asia.

Dover

Downers Grove, IL

Dover is a diversified global manufacturer with annual revenue of approximately $7 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through three operating segments: Engineered Systems, Fluids and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV."

Since our founding in 1955, our business philosophy has remained remarkably consistent—build the company by acquiring strong businesses with solid fundamentals and market leading positions. An intense focus on the customer, combined with the leverage and discipline of Dover drives the continued success of our businesses.

Now, more than half a century after our founding, these operating principles have propelled Dover to become a world-class Company.

The backbone behind our collection of outstanding businesses is a team of dedicated employees who protect and enhance our valued reputation for quality and delivering what we promise. It’s our values that define Dover to all of our key audiences: our shareholders, customers, prospective employees and especially to ourselves.

These values must be expressed in our work and embody our actions, as they form the basis by which we do our jobs, make decisions and measure our performance. It’s our unwavering commitment to maintaining our values that defines who we are as a Company.

At Dover, we strive to continue to be champions of our values to help propel Dover to even greater success.

Similar Jobs