Qureos Mentor

ELGI EQUIPMENTS LIMITED

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 A)
 
 
 Role Name :
 
 
 
 
 
 Product Manager - Global Product Management (Compressors)
 
 
 
 
 
 
 
 
 B) Role Description
 
 
 
 <ul>
 <li>
 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.
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 Initiate and drive product development based on product strategy and new opportunities identified.
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 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&rsquo;s products in the market.
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 Be the global expert for products that are assigned to manage
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 </ul>
 
 
 
 
 
 
 C) Responsibilities
 
 
 
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 Opportunity Management
 
 
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 </ol>
 <ul>
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 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.
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 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
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 </ul>
 
 2.
 
 
 Product Initiation &amp; Development
 
 
 
 <ul>
 <li>
 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.
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 Capture Voice of Customer (VoC), competition benchmarking and work with relevant stakeholders to develop effective product specifications.
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 Determine target product positioning and pricing.
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 Prioritize products based on business objectives.
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 Develop business case with business potential, RoI, value proposition, and business revenue targets to obtain approval for product development
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 </ul>
 
 3.
 
 
 Product Launch
 
 
 
 <ul>
 <li>
 Work closely with PDO to ensure availability of technical documents, product specifications, GA &amp; Electrical Drawings, and O&amp;M manual for the new product launches.
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 Prepare sales documents; catalogs, product flyers, pitch documents (ELGi vs Competition), and online sales tools to enable sales teams to win business.
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 Prepare training content and sales collaterals for newly developed products.
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 Support the marketing communications team with product value proposition and ensure it is effectively communicated and delivered to customers.
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 Work with internal stakeholders to support proper launch on time for a new product
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 </ul>
 
 4.
 
 
 Product Support
 
 
 
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 Support non-standard sales inquiries to provide engineering solutions to regional product managers/sales
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 </ul>
 
 5.
 
 
 Business Monitoring
 
 
 
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 Monitor sales trends of new products launched and conduct a comparative study with business projected during the product initiation phase to understand the gaps (if any)
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 Understand orders lost to competition on relevant products and analyze reasons to provide suitable solutions.
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 Product lifecycle management
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 Support in continuous improvement of product management systems and processes
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 </ul>
 
 
 
 
 
 
 D) Education Qualifications
 
 
 
 <ul>
 <li>
 
 Graduate/Postgraduate in Mechanical or Mechatronics Engineering. MBA in marketing/sales preferred.
 
 </li>
 </ul>
 
 
 
 
 
 
 E) Core Skills
 
 
 
 <ul>
 <li>
 
 Mid-level; 7-14 years of experience in product management or sales of industrial products or experience in compressor product development with exposure to sales and marketing.
 
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 Strong market research and business acumen skills
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 Ability to analyze and provide data-driven decisions.
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 Strategic thinking
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 Strong team player. Experience of working in Global teams in preferred.
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 </ul>
 
 
 
 
 
 
 F) Experience
 
 
 
 <ul>
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 Working knowledge of compressors or any industrial machinery and their applications
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 Experience in managing product lifecycle.
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 Experience in engineering, business development and sales/data analysis on market or competition
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 </ul>
 
 
 
 
 
 
 G) Travel
 
 
 
 <ul>
 <li>
 30-50%
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 </ul>
 
 
 
 
 
 
 H) Work Environment
 
 
 
 <ul>
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 Work with local and global stakeholders; Work with a diverse team of professionals; Collaborate with stakeholders from various functions across organization;
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 </ul>
</div>

Product Development Manager

Join ELGI EQUIPMENTS LIMITED and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

ELGI EQUIPMENTS LIMITED

ABOUT_COMPANY

Product Development Manager