Federal Signal Corporation is looking for a Product Manager to champion and manage assigned products, ensuring their direction, functionality, competitiveness, and quality in the market. This role involves market analysis, strategic planning, and coordinating cross-departmental efforts to drive product success and profitability.
Requirements
- Database management and spreadsheet development are required.
- Strong computer skills, including MS Office
- Experience with electrical, electronic, or mechanical products is helpful.
- Familiarity with sales/marketing database tools preferable.
Responsibilities
- Manage complete product life cycle from initial development through obsolescence
- Establish product line positioning and pricing.
- Define and support all aspects of promotion for assigned products.
- Prepare business plans (AFEs) for new product development activities.
- Control gross profits of product line by monitoring cost of goods sold, labor, materials, equipment, and allocations, and coordinate projects established to adjust unsatisfactory variables.
- Manage all product List Prices, MAP prices, and promotional prices.
Other
- The Product Manager is the champion and primary point of contact for all assigned products, with responsibility for product direction, functionality, competitiveness, and quality.
- Major task areas include: market analysis; development of objectives and strategies for products or services; and making decisions on functionality, price, promotion, channels, and customer service.
- The Product Manager constantly collects and synthesizes information, forecasts trends in competition and market conditions, and adapts product strategies and tactical decisions to market changes.
- The Product Manager coordinates the activities of all departments related to the success of assigned products.
- The Product Manager is the “non-technical expert” for the assigned product lines.
- Primary point of contact for all assigned products
- Report regularly on the status of all activities.
- 4-year degree in marketing, business or engineering. MBA is preferred
- Minimum 5 years experience in marketing or sales of technical products (preferably vehicle related).
- Good organizational and project management skills.
- Capable of managing multiple projects in a cross-functional team environment. Ability to integrate and lead support for technical product development.
- Strong verbal and written communication and presentation skills essential.
