Specialist - Product Management (Mumbai)

Specialist - Product Management (Mumbai)

11 Aug
|
Leading
|
Mumbai

11 Aug

Leading

Mumbai

JOB DESCRIPTION FORM

Job Role : Product Manager

Departments : Product Management

Job Code :

Location: Mumbai

Reports To : Segment Lead - Product Management

Key Stakeholders :

1: Job Purpose Statement (Summarize in one/two statements why this job exists, and the contribution makes to the overall business of the company).

To identify profitable opportunities that meet market needs, launch products in the market, oversee products already in the market and wind down products that no longer meet market needs

2: Organisational Relationship (Provide an organisational chart which illustrates the role structure above and below and parallel to this position).

3: Duties & Responsibilities (List in the order of importance the duties & responsibilities of this job)

4: Decision Making Authority (This will be for every job allocated to the individual)
Refer to the Decision making box for detail information):

1. Understands the Market

- Understand customer/ product complaints and work towards rectification through product improvements or new products

- Identifies new product opportunities in the market

- Tests / Trials own products and that of competition regularly

2. Develops Market Based Product Strategies

- Conducts extensive Research (mostly secondary)

- Is aware of and understands the competition

- Identifies product gaps vis-à-vis the competition

3. Bridges Every Department That Touches Product viz.,Sales, Market Communication, Technical, Quality & Design, Customer Service & Operations

4. Full Responsibility

- Capture and Prioritizes Product Ideas & Improvements

- Prospect Assessment

- Immerse in User Insights , Brand Development, Market Requirements / Customer Stories

- Work on Business Case / Investment Justification

- Design Product Requirements – Capable to match product features to application needs





- Build Subject Matter Expertise for the assigned product line

- Launch Internal Training

- Explore Market Strategy & External Customer Research

- Prepare Marketing Plan, Sales Collaterals & External Marketing Communication

5. Shared Responsibility

- Market Analysis (Competition, Trends, etc) through secondary research and drive clarity by collating information from relevant stakeholder

6. Contributes to

- Market Strategy

- External Customer Research

- Business Requirements

- Managing projects

- New product testing and launch

Schedule A

Decision Making Authority (For each decision type define if the action involves below mentioned categories:

Schedule A : Execution

Schedule B: Follow SOP/policy for decision to be made. (Moderate to Complex decision making)

Schedule C: Decide within approval limits) Complex/tactical/strategic decision making impacting the outcome.

****Can be merged with duties & Responsibility.

5: Key Result Areas (List the key deliverables that quantify successful performance in the role).

- Working towards identifying the NPRs and getting it approved for the Segment

- Support for NPR documentation and approval

- Identify rationalization opportunities within the segment

- Identifying low performing SKUs and working towards identifying possible solutions to improve the sales for the same

- Updating roadmaps for the segments

- Identifying new requirements for the Segment

Educational Qualification

Skills & Knowledge

Mandatory: B.E.

Preferred : MBA

- Excellent Communication

- Interpersonal skills

Work Experience:

Competencies

- 4-6 years of total experience in Product management or related roles in tire/OEM companies

- Proven experience in owning and managing products across entire lifecycle

Behavioral:

- Go-getter

- Result oriented

- Proactive

- Team player

Functional:

- Superlative in MS Office

- Data Analysis & Interpretation

📌 Specialist - Product Management (Mumbai)
🏢 Leading
📍 Mumbai

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