Product Manager Senior

1 week ago

nagpur, India Regal Rexnord Full time

Senior Product Manager; Product Management - Conveying Solutions The Senior Product Manager Leader will be responsible for driving strategic simplification of the Conveyance product portfolio using the Regal Rexnord 80/20 framework, maintaining service level agreement (SLA) metrics and standard processes, and leading market and competitive intelligence efforts. This role will also be responsible for creating market and product requirement documents to support new product innovation and vitality initiatives. In addition, this leadership role will work crossfunctionally with Engineering, Commercial Operations, Sales, and Operations to keep teams accountable and arrive at the best outcome. Key Responsibilities Product Line Simplification & Portfolio Strategy• Lead product line simplification efforts using the 80/20 methodology to optimize SKU count, margin mix, and customer alignment.• Conduct segmentation and portfolio assessments to identify core growth opportunities and streamline non-core offerings.• Collaborate with cross-functional teams to execute simplification cycles and align resources to high-value product lines. Service Level Agreements & Process Standardization• Define and maintain SLA metrics across product management workflows, ensuring consistent delivery and responsiveness.• Implement and monitor standard work processes to drive operational efficiency and accountability.• Leverage visual management tools and continuous improvement frameworks to reinforce performance and process discipline. Market, Industry & Competitive Intelligence• Lead market research initiatives to identify customer pain points, emerging trends, and competitive threats.• Maintain a dynamic intelligence repository to inform strategic planning, pricing, and product positioning decisions.• Partner with sales, engineering, and marketing to translate insights into actionable strategies. Innovation & Product Development• Develop comprehensive market and product requirement documents (MRDs/PRDs) to support new product development (NPD) and vitality programs.• Drive outside-in innovation aligned with customer needs and Regal Rexnord's strategic growth objectives. Team Leadership & Development• Lead, mentor, and develop a high-performing team of product managers across the conveyance portfolio.• Set clear goals and expectations, provide regular feedback, and support career development.• Foster collaboration across global teams and ensure alignment with business objectives and customer needs. Experience and Skill Required• B.Tech/B.E. in Mechanical, Electrical, Industrial, or related engineering; MBA preferred• Knowledge of industrial products and industries required• Knowledge of beverage, food, and/or consumer goods industries sector preferred• Strong business acumen, stakeholder management, and leadership skills.• Minimum 12-15+ years of relevant B2B product management/marketing or commercialization experience in the industrial manufacturing industry.

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