Product Manager
Nvent · Bangalore, IN, India
Free account: apply link, HR contact and an AI-written cold email
Nvent · Bangalore, IN, India
Free account: apply link, HR contact and an AI-written cold email
We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions. In this position, you will get to: Portfolio Management Lead product management function for India Middle East and champion cross-functional activities to maximize overall product line performance including revenue growth, margin improvement, cost reduction, quality and delivery. Actively manage entire product lifecycle for offering in region. Collaborate with Sales and New Business Development as subject matter expert, in order to support our growth plans, helping the company win in the markets. Partner with regional and global cross functional teams to appropriately resource and achieve KPIs (e.g. new product revenue, margins) and critical milestones (launch dates, tollgates). . Develop strong and quantified value propositions for product families in order to clearly articulate differentiation to customers, channel partners and sales. Partner with Marketing and Marcomm on content delivery and tools. Partner with operations and supply to define capacity requirements both short and long term. Contribute defining market-backed pricing strategies for region based on competitive benchmarks and develop pricing process tailored to region. Market Assessment & Competitive Analysis Build comprehensive market assessments that bring together vertical segmentation, competitive analysis, channel maps and customer needs. Analyze key vertical or sub-vertical markets to determine total addressable size and growth rates to assess attractiveness Conduct primary and secondary market research to arrive at conclusions and utilize wide range of VOC tactics (interviews, surveys, focus groups, etc…). You will partner with marketing and other functions to create a comprehensive market view. Clearly articulate how global and regional customer needs are similar and/or different. Ensure growth strategies leverage global capabilities while ensuring we meet local customer/market requirements to remain competitive. Monitor and assess competitive products and programs and as a result develop and implement proactive strategies to strengthen the product line’s competitive edge. Work with product managers globally to define value proposition by product line and execute competitive comparison analysis New Product Introduction (NPI) Roadmap Contribute to 3 year product roadmap based on VOC insights and market trend. Align with global roadmaps as well as define regional variants that are required to properly serve the market Develop clear product requirements and business cases for new products Launch new products and co-develop marketing campaigns, channel programs, sales plans, manufacturing strategy, and pricing to ensure KPIs are achieved Participate on cross-functional new product introduction teams.
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