Product Manager

Product Manager

We are hiring for the position of Product Manager with one of the leading organization

Experience: 10+ years

Location:
Ahmednagar

Briefly describe the major responsibilities of the role holder's immediate subordinates :

• Product portfolio management
• Understand product gaps
• Facilitate new product development
• Product profitability
• Quarterly Product specific PBIT and Sales
• Ratio of negative margin products
• Customer Perception and Satisfaction on product range and relevance
• Briefly describe the nature of the reporting relationship which exists between the role holder and the manager to whom the role holder is accountable.
• The reporting relationship is direct . functional and primary. There is no separate administrative reporting.
• Performance reviews and interactions happen with defined periodicity.

Job Purpose :

• Knows Customers and Market
• Does regular analysis and valuation of the market.
• Tracks customer's satisfaction to product / portfolio.
• Regularly updates self on technology trends and customer's business behavior.
• Keeps selfabreast about the competitors' developments including identification of product gaps, strengths and weaknesses.
• Manage Existing Product Portfolio
• Plans and maintains Product roadmaps.
• Consistently monitors and analyzes product/portfolio profitability, competitiveness, strategic positioning . Tracks financial performance metrics of the product line
• Regularly identifies portfolio features and makes adjustments in product positioning, selling increase options, product cost reductions, or product phaseout.
• Contributes to and manages intellectual property portfolio.
• Clarify Customer Value
• Has appropriate level of understanding and defines targeted market segments, products positioning and offerings.
• Addresses customer needs, involving others and communicating appropriately, contributing to customer satisfaction to expected levels.

Propose New Product :

Proposes new product/project portfolio to global and local roadmaps, sets goals and action plan, has understanding of product success/failure elements.

• Recognizes some complexity of issues and interrelationships while proposing the new product/ project portfolio
• Reacts to bring about balance in the portfolio via product improvements, new product versions and networks with others to gain the requisite support for product innovation.
• Continuously follows up on new product performance.
• Usually supports protection of intellectual property for new products.

Dimensions :

• Provide factual, quantitative and financial information particularly relevant to the job which helps to reflect the scale and scope of the job.
• List the data which will show the scope and scale of activities with which this job is concerned ( E.g.
• Financial
• Budgets, targets, Operating costs, Non
• Financial

- number of customers, number of products, number of production lines, geographies

• Staff (Team Size )
• Approved Manpower Count of Manpower

Key Accountabilities :

• To achieve budgeted results
• To achieve budgeted order inputs and sales across PL's, ensuring good health of debtors and stocks while maintaining overall cost parameter.

Competition analysis & feedback :

• To continuously track competition, their activities, their policies, analyze and compare with our policies, benchmark best practices, give feedback & implement.
• To ensure customer data base, plan and implement responses in line with

JOB DESCRIPTION :
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• To build network and partnerships in the market, nurture them for perpetuity.

To monitor customer satisfaction levels with defined periodicity and act on gaps for improvement.

Sales Admin & Promotional Activities :

• To plan and implement sales promotional actions for creating consumer pull as well as channel engagement. To create visibility for product and brand recall.

Key Decisions :

• New Product Development
• Market Promotional activities
• Recommendations to his/her Superior
• Succession and promotion
• Customer / dealer interaction
• Strategic visit / alliances

Key Interactions :

• Provide the key working relationships or routine contacts the job holder need to have INSID and OUTSIDE the organization to accomplish job and the reason for these interactions.

INTERNAL EXTERNAL :

• Interaction with Design, NPD 1. Interaction with Key Strategic dealers
• Interaction with Regional Business Heads
• Interaction with customer / Corporate accounts (Decision makers)/ Key OEMs/ Major consultants/ Key personnel of Govt. Utilities
• Interaction with Motor Head
• Interaction with Unit Heads

Key Challenges :

• Retain and Increase Market Share
• Cost Competitive
• Entry into the sector where has less share of business wrt LT Motors

Knowledge, Skills and Experience :

• Engineering Graduate (Mechanical /

Electrical)

• Relevant experience (Type/ Nature and years of relevant experience required to execute the role years relevant experience in the region
• Necessary Functional Skills required for this job Product Management

Please apply with your updated resume or please reach at

Akash Thakare

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