Product Development Manager

Location: Omaha, NE
Job Title: Product Development Manager
Location: Omaha, Nebraska
Salary: $65-85K
Job Summary of the Product Development Manager: The Product Development Manager (PDM) is responsible for managing the entire life cycle of core product lines. This includes making decisions on whether to extend or discontinue products and driving the development of new products based on market demands. The main focus of this role is to address customer needs and market opportunities in order to increase profitability in line with company objectives. The PDM collaborates with all business areas to ensure successful product launches and ongoing market performance by understanding customer problems, market trends, and competitive positioning.

Qualifications of Product Development Manager:
o Bachelor’s degree in Business Administration, Marketing, or a related field or equivalent experience.
o Proficiency in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint).
o Strong presentation, customer interaction, and project management skills.
o Strong analytical abilities, including interpreting data, applying financial concepts, and making data-driven decisions.
o Experience interpreting technical documents and conducting market research.
o Regular travel within the Americas will be required.
o International travel may be necessary.
Responsibilities of the Product Development Manager:
o Manage the life cycle of core products, including identifying opportunities for expansion and discontinuation.
o Increase product line profitability through strategic pricing and the development of new revenue streams.
o Conduct market research and customer interviews to identify unmet needs and translate them into actionable product requirements.
o Communicate market demands and expectations to guide engineering in developing solutions that address market needs.
o Collaborate with engineering and other Product Managers to create and maintain a roadmap that aligns with company objectives.
o Gain a deep understanding of relevant markets, including customer needs, product applications, and competitor offerings.
o Work with Market Development Managers to effectively position products in the market, including crafting core messaging, defining key benefits, and identifying target customers.
o Collaborate with marketing communications to develop go-to-market strategies, sales materials, and promotional content.
o Coordinate with cross-functional teams, such as engineering, production, and supply chain, to ensure successful product launches and continued support.
o Conduct beta and pilot programs for early-stage products, gathering feedback for refinement.
o Manage product pricing, descriptions, and configurations in internal systems (e.g., SAP).
o Provide initial product training to internal teams.
o Support internal teams by addressing additional product training needs and collaborating with subject matter experts (SMEs) to develop and enhance training materials as required.
o Contribute to quality initiatives by ensuring product excellence, maintaining standards, and driving continuous improvement.
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