New product development manager job description
Here is a job description for a New Product Development Manager:
Job Title: New Product Development Manager
Reports to: Director of Product Development or equivalent
Location: [Insert location]
Job Summary:
We are seeking an experienced New Product Development Manager to lead the development of new products and services that meet customer needs and drive business growth. The successful candidate will be responsible for managing the entire product development process, from concept to launch, and will work closely with cross-functional teams to ensure successful product launches.
Key Responsibilities:
- Develop and execute product development strategies that align with business objectives and customer needs
- Lead and manage cross-functional teams, including product management, engineering, design, and manufacturing
- Define and prioritize product requirements, features, and specifications
- Develop and manage product roadmaps and timelines
- Collaborate with stakeholders to identify and prioritize product opportunities
- Conduct market research and competitive analysis to inform product development decisions
- Develop and manage product budgets and resource allocation
- Ensure compliance with regulatory requirements and industry standards
- Manage and mitigate product development risks
- Develop and maintain relationships with suppliers and partners
- Ensure effective communication and collaboration with internal stakeholders, including sales, marketing, and customer support teams
- Develop and maintain product documentation, including product descriptions, technical specifications, and user manuals
- Ensure product quality and reliability through testing and validation
- Manage and track product performance metrics, including sales, customer satisfaction, and market share
Requirements:
- Bachelor's degree in Engineering, Business, or a related field
- 5+ years of experience in product development, product management, or a related field
- Proven track record of successfully launching new products and services
- Strong understanding of product development processes and methodologies
- Excellent communication, leadership, and project management skills
- Ability to work in a fast-paced environment and prioritize multiple projects and tasks
- Strong analytical and problem-solving skills
- Experience with product development tools and software, such as product lifecycle management (PLM) systems and agile project management tools
- Strong understanding of market trends and customer needs
- Ability to work collaboratively with cross-functional teams
- Strong attention to detail and ability to manage multiple projects simultaneously
Nice to Have:
- Master's degree in Engineering, Business, or a related field
- Experience with product development in a regulated industry, such as medical devices or aerospace
- Knowledge of lean product development methodologies and principles
- Experience with product development in a global organization
- Certification in product development, such as Six Sigma or Black Belt
What We Offer:
- Competitive salary and benefits package
- Opportunity to work on exciting and innovative products
- Collaborative and dynamic work environment
- Professional development opportunities
- Recognition and rewards for outstanding performance
How to Apply:
If you are a motivated and experienced product development professional looking for a new challenge, please submit your resume and a cover letter outlining your qualifications and interest in the position.