Product Manager - Global Engineering Corporate OEM near Luton
Our client, a Global Engineering Corporate OEM, is seeking a Product Manager to join their team near Luton.
This permanent role provides the opportunity for growth within the company while working on innovative engineered products. The successful candidate will have a pivotal role in the company, working closely with engineers to develop new product lines, ensuring they meet industry standards and regulations.
Key Responsibilities of Product Manager
- NPD & SIOP
As a Product Manager, you will play a vital role in driving product strategy development and execution across all levels of our organization. You will be responsible for creating pricing strategies that maximize profitability while ensuring competitiveness within respective markets. Additionally, your expertise will be required to oversee new product development (NPD) initiatives from ideation through launch phases utilizing Sales-Inventory-Operations-Planning (SIOP) methodologies.
- Engineering & Manufacturing
As a Product Manager, you will be working closely with the engineering team to develop new product lines. You will play a significant role in ensuring that all products meet industry standards and regulations. This will require a deep understanding of engineering and manufacturing processes, as well as the ability to communicate with engineers effectively.
- Pricing Strategy
Developing pricing strategies based on market research and demand trends is another key responsibility of the Product Manager. You will analyze competitor prices regularly to identify opportunities to improve pricing and increase profitability.
- Demand Forecasting
As a Product Manager, you will use data analysis tools such as MS Excel to create sales forecasts for each product line. This will require an in-depth understanding of the market and consumer behavior. You will work with the sales team to ensure that all forecasts are accurate and up-to-date.
Qualifications/Skills Required for Product Manager Role
We are looking for a Product Manager with a degree in Engineering, Business (or similar) with proven product manageement experience with Engineered Product / Physical Product (ideally within a manufacturing environments).
The Product Manager will have the ability to understand technical drawings, specifications documents, and requirements management, as well as NPD, SIOP & ECR's.
Additionally, experience utilizing P&L statements effectively during project planning stages is highly desirable.
The successful Product Manager will have excellent communication skills (verbal/written), be results-driven with strong analytical abilities. They should also possess exceptional organizational capabilities, with the ability to work well under pressure whilst maintaining attention-to-detail when necessary.
If you are looking for a challenging yet rewarding position where your contributions make significant impacts, then please submit your application today!
To find out more about Progressive please visit www.progressiverecruitment.com
Progressive Recruitment, a trading division of SThree Partnership LLP is acting as an Employment Business in relation to this vacancy | Registered office | 1st Floor, 75 King William Street, London, EC4N 7BE, United Kingdom | Partnership Number | OC387148 England and Wales