We are looking for a qualified Product Manager that will be working with the Product Development team located in in sunny Florida to further develop portfolio while working with other Product Managers managing products such as Power Supplies.
The Electrical Engineer must have at least 2 years of Product Manager that will support programs for new product development and stay current with market requirements and competitor market shares. You will be evaluated on your contribution to revenue growth, gross margin, and performance quality of the products you manage.
Main Responsibilities:
- Own and Drive the MPS Portfolio: Oversee the portfolio of MPS marine products, ensuring competitive positioning and optimal product lifecycle management. Propose end-of-life strategies and drive modularization to manage product complexity.
- Customer and Market Insight: Maintain a deep understanding of market dynamics, customer experiences, needs, segmentation, and competitor offerings. Use this insight to support product development prioritization.
- Product Ideation and Roadmap Development: Generate innovative ideas to fill product gaps and grow market share. Develop comprehensive product business plans, including investment needs, to ensure the right products are built correctly.
- Voice of the Customer: Act as the interna I advocate for the customer, ensuring their needs and feedback are central to product development. Engage with key customers to develop strong relationships and gather insights.
- Strategic Product Management: Define mechanical, electrical, and UI/UX product requirements. Develop and manage product vision white papers, roadmaps, presentations, and formal business cases. Create buy-in for the product vision both internally and externally.
- Pricing and Profitability: Set strategic pricing guardrails and drive product price positioning. Conduct margin analysis and in-life performance measurement to determine product demand, positioning, viability, and profitability.
- Cross-Functional Collaboration: Work closely with sales, marketing, and public relations teams to define product positioning, unique selling points (USPs), branding, and promotional strategies. Ensure product launch priorities are met and that promotional plans align with product line strategy.
- Continuous Improvement: Solicit feedback from the field and warranty information to drive continuous product improvement. Preempt potential problems and provide effective solutions to support new products or product changes.
Qualifications and Experience:
- Degree from an accredited college/university, Electrical Engineering Degree is preferred
- Strong technical knowledge of power systems and hardware development
- Minimum 5 years of experience as an engineer and product management experience
- Strong proficiency with MS Office Suite and the ability to learn other applications quickly
- Proficient at merchandizing and promoting products to target markets
- Strong analytical skills to develop market forecasts and summarize data for broader audiences