Novanta is looking for a Product Manager to manage the full lifecycle of IoT products or product groups, from initial concept through to discontinuation, guided by market needs and customer insights, to drive innovation and deliver customer value.
Requirements
- 5+ years of product management experience specifically in IoT and Saas products
- Requires experience defining pricing strategy - revenue & gross margin for a product or product group
Responsibilities
- Identify opportunities for new IoT/SaaS products or improvements by analyzing market research and feedback from customers, stakeholders, and internal teams.
- Create product concepts, roadmaps, and strategies for IoT and SaaS offerings, including development of new SaaS business models.
- Create and own NPVs, contribute to phase gate processes, and prepare product requirement documentation.
- Prioritizing product features based on customer feedback and business value
- Executing Product Lifecycle management and competition analysis for IoT offerings
- Monitor the performance of IoT products, using data analytics tools and methods
- Ensure compliance with applicable regulations and standards for IoT products
Other
- Accountability for revenue & gross margin for a product or product group
- Collaborate with Upstream Marketing for Value Proposition, Pricing, Product Positioning and Mid-term Portfolio Strategy to build business cases for New Product Introduction
- Coordinate cross-functional teams and collaborate with customers, Upstream Marketing, Sales and R&D
- Strict compliance with the quality, occupational safety and environmental regulations.
- Implementation of the instructions of the quality / environmental management representative and the occupational safety specialist.
- Travel by public transportation including train and airplane on demand
- Passport for international travel (customer & internal meetings)
