Regal Rexnord is a global industrial manufacturer dedicated to providing sustainable solutions that power, transmit, and control motion. The Director of Product Management is responsible for overseeing the entire life cycle of product lines, driving profitability, and ensuring customer satisfaction while collaborating with cross-functional teams.
Responsibilities:
- Manage the entire life cycle of all product lines within the business from strategic planning, product definition, tactical launch activities and end of life
- Operate as the internal voice of our customers across development teams, (primarily Engineering, Sales and Marketing) through an understanding of market requirements, product definition, training and launch activities
- Develop and implement a cohesive short- and long-term product line roadmaps
- Implement a robust product line simplification process that delivers cost savings
- Coordinate and lead the on-going Innovation/VOC exercises. Combining this information with a business case analysis to define business requirements and the products value proposition
- Define pricing and sales strategy/policies for all products within the business and drives these through the division
- Maintain a high level of expertise in the competitive landscape including competitive product and pricing strategy
- Collaborate with other segment and division Product Managers to develop effective divisional product line development opportunities
- Analyze potential partner relationships that can either enhance current offerings or fill necessary gaps in offerings
- Perform 80/20 analysis on products, customers and markets to identify opportunities for focus and growth
- Leverage 80/20 and continuous improvement in all aspects of product management, decision making and actively participate in on-going projects team that maximize overall organizational effectiveness and efficiency
- Assist Customer Service and Sales teams with technical and customer support
- Interface with internal teams including R&D, engineering, sales, marketing and support teams to ensure revenue and customer satisfaction goals are achieved
Requirements:
- Bachelor's/Master's degree in related Engineering field (MBA preferred but not required)
- 5+ years of commercial experience in marketing, product management and/or sales
- Proven people leadership competencies are required; direct people management experience is strongly desired
- Strong negotiation skills
- Ability to lead through influence without direct supervisory authority
- Drives execution and is results and action oriented
- Significant product management skills – manage multiple projects at one time while also meeting require deadlines. Delegate, set objectives and measure progress
- Capable of both strategic thinking and tactical execution
- Ability to work in a non-structured environment while maintaining personal accountability for achieving defined objectives
- Ability to communicate effectively with existing and prospective customers utilizing appropriate industry terms
- Comfortable in making difficult decisions
- Strong ability to network effectively internally and externally
- Hands-on experience with the 80/20 process and product line simplification
- Global experience
- Skills and experience around financial (and other metrics) analysis, associated with all aspects of a product
- Relevant industry experience