Product Manager - Foodservice Industry 8/9/2016

Talent Acquisitions Minneapolis, MN

Company
Talent Acquisitions
Job Classification
Full Time
Company Ref #
28655079
AJE Ref #
575826764
Location
Minneapolis, MN
Job Type
Regular

JOB DESCRIPTION

APPLY
The Product Manager - Foodservice Industry - is responsible for product planning and execution of assigned product line(s)

Lead Responsibilities:

* Conduct market research, benchmarking analysis, and competitive threat analysis
* Gather and prioritize product and customer requirements
* Define product vision and market strategy
* Successfully launch new products and product lines
* Work closely with engineering, sales, marketing, procurement, and manufacturing to ensure revenue and profit goals are met
* Provide strategic leadership for assigned product offering by developing and executing product development roadmaps and innovation initiatives which create demand, achieve the financial and strategic objectives of the business
* Manage the intellectual property strategy to build and protect our competitive moat
* Manage product development and capital investment budgets to ensure product supports company's overall strategy and goals
* Define product strategy and roadmap and develop an annual operating plan for product line to meet/exceed financial targets
* Track and measure results to plan and analyze new opportunities to continually learn and prioritize future growth investments
* Run beta and pilot programs with early-stage products and samples
* Conduct market and competitive assessments to evaluate market share, market trends, new development areas, and opportunities
* Be SME with respect to competition; conduct competitive market assessments to evaluate market share, trends, etc
* Develop and execute product line pricing strategy, analysis, and implementation
* Manage all Beta and customer test locations, tracking results and communicating ongoing test results
* Team with marketing to develop marketing materials including price lists, catalogs, spec sheets, etc.

Desired Skills and Experience:

* BS/BA; MBA preferred
* 7-10 years professional experience as a product manager in the foodservice equipment industry
* Refrigeration product experience preferred
* Strong knowledge of foodservice end user, dealer, and distributor channels and customers
* Demonstrated success defining and launching successful products