06 Aug
|
Elgi Equipments
|
Bengaluru
06 Aug
Elgi Equipments
Bengaluru
I. Job scope and responsibilities
Basic Information on the role
- Role Title/Designation: Product Manager/ Deputy Manager
- Supervisor Designation: Dy. General Manager, G-PMO Compressors Vacuum
Function
- Global Product Management Organization (G-PMO)
Function's Objective
- Enable sales profitably by improving product value to customers and creating new customer segments
Purpose of the Job
Brief role description
- Create a global product roadmap for Oil Free Portable air compressors, taking into consideration the end customer and distributor needs, industry trends, and competition insights.
- Initiate and drive product development based on product strategy and new opportunities identified.
- Provide support to the sales team by launching new products and improving existing products with Compelling Value Propositions (C-VAP) for the end customers to successfully position ELGi's products in the market.
- Be the global expert for products that are assigned to manage.
Operating Network
Key External
- Customers
- Distributors
- Consultants
- OEMs
Key Internal
- Regional product managers across the globe
- Sales/Service
- Global aftermarket
- Engineering, RD Team
- Marketing Communication
- Finance
- Planning and Operations
Dimensions
- No. of direct reports: 0
Responsibility Area
- Opportunity Management
- Time Spent (Indicative): 15%
- Perform market study, application study,
and competition benchmarking; utilize all available sources such as competition information, industry trends, and input from sales teams to identify new opportunities.
- Analyze business potential towards revenue targets, technical feasibility, and statutory requirements to determine the value and feasibility of the opportunity and present the business case to the leadership team
Product Initiation Development
- Time Spent (Indicative): 30%
- Develop a product roadmap to initiate new products and improve existing products to get ahead of the competition, address product range gaps (if any), and ensure sustained competitiveness of the product portfolio.
- Capture Voice of Customer (VoC), competition benchmarking and work with relevant stakeholders to develop effective product specifications.
- Determine target product positioning and pricing.
- Prioritize products based on business objectives.
- Develop business case with business potential, RoI, value proposition, and business revenue targets to obtain approval for product development
Product Launch
Metrics
- Number of new products initiated towards achieving current product revenue and margin goals.
- Completion of roadmap
Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Product Manager - Product Management (Bengaluru)
🏢 Elgi Equipments
📍 Bengaluru