Product Development Manager

Position• Product Development Manager• Pay Rate: Commensurate with experience• 100% Remote - Southern California, Montreal or Toronto!We at Raise are hiring for one of our key clients in the Food and Beverage industry. After establishing themselves as an industry leader, our client's team is expanding to meet rising demand. They're hiring right now; if you're interested, apply today for your chance to join a great place to work. Our client takes pride in their people. When you join their team, you'll find a workplace that facilitates challenge, achievement, and growth.The role of a Product Development Manager is essential in ensuring that a company's product offerings remain competitive, innovative, and aligned with market demands. The Product Development Manager is responsible for overseeing the creation, improvement, and market launch of products. They lead cross-functional teams to ensure that products meet market demands, align with company strategy, and are delivered on time and within budget. Key Responsibilities:Product Strategy & Planning:• Collaborate with leadership to define product vision, strategy, and roadmap.• Conduct market research to identify customer needs, industry trends, and opportunities for new product development or improvements.• Develop and prioritize product features and enhancements based on business goals and consumer demand.Project Management:• Oversee the product development lifecycle from concept to launch, ensuring timelines, budgets, and objectives are met.• Coordinate with cross-functional teams, including R&D, engineering, marketing, sales, and design, to ensure smooth execution of product plans.• Manage multiple product development projects simultaneously, adjusting priorities as needed.Product Design & Prototyping:• Work closely with the design and engineering teams to translate product ideas into tangible concepts and prototypes.• Ensure that product designs align with market research, customer feedback, and business requirements.• Oversee testing and iteration processes to ensure products meet quality standards and customer expectations.Market Research & Consumer Insights:• Gather and analyze consumer insights, competitor data, and market trends to guide product development decisions.• Test product concepts with target customers, using focus groups, surveys, or other research methodologies.• Analyze feedback to refine products and ensure they align with market needs.Collaboration & Communication:• Serve as the central point of contact for all product development activities, ensuring clear communication between teams.• Collaborate with marketing and sales teams to ensure proper product positioning and promotion strategies.• Present product updates, progress reports, and future development plans to senior leadership and key stakeholders.Budget & Cost Management:• Manage the budget for product development projects, including materials, prototypes, testing, and launch costs.• Identify cost-saving opportunities without compromising product quality or customer experience.Product Launch & Post-Launch:• Oversee the launch of new products, coordinating efforts between marketing, sales, and operations.• Monitor the success of product launches and gather post-launch feedback for future improvements.• Lead efforts to refine or update existing products based on market response and feedback.Key Skills Required:• Project Management: Ability to manage multiple projects simultaneously with strict deadlines.• Leadership: Experience leading cross-functional teams and managing diverse stakeholders.• Analytical Thinking: Strong skills in market analysis, consumer insight gathering, and data interpretation.• Communication: Excellent communication and presentation skills for stakeholder management.• Technical Knowledge: Understanding of product design, manufacturing processes, and technical specifications relevant to the industry.• Creative Problem Solving: Ability to identify challenges in product development and develop innovative solutions.Qualifications:• Bachelor's degree in product development, business, marketing, or a related field (an MBA is often preferred).• 5-7+ years of experience in product development, project management, or a related field.• Proficiency with product management tools (e.g., Jira, Asana) and data analysis tools (e.g., Excel, Tableau).Key Performance Indicators (KPIs):• Timely delivery of products within budget.• Successful product launches measured by sales performance, market share, or customer satisfaction.• Continuous improvement of product lines based on customer feedback.Looking for meaningful work? We can helpRaise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we're a certified B Corporation and donate 10% of our profits to charity. We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.We have a dedicated webpage for accommodations where you can learn more about what we offer, and request accommodation: order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@

Created: 2024-11-07