Marketplace Product Line Manager

Edmund Optics • Full-time • Cherry Hill Township, New Jersey, United States • 3d ago

Overview

Marketplace Product Line Managers (PLM) are the visionaries within their specific standard product categories and are responsible for turning ideas into exciting new products. By developing and executing a product strategy that is aligned with corporate goals and market demands, Marketplace Product Line Managers ensure the profitable growth of our standard product business. Responsibilities include market research, competitive analysis, and customer feedback analysis in support of the strategic and tactical management of specific product lines and categories, including identifying and developing innovative and exciting new products, relationships, and market strategies; executing an end-of-life strategy for underperforming products; and working with stakeholders to determine the needs and future of the market. A Marketplace PLM will work closely with other functional areas including sales, marketing, supply chain, and design engineering to develop business cases for new product initiatives. Some travel is required.

Responsibilities

Define and communicate the product strategy and plan for their specific product areas
Develop business cases, business plans, and product roadmaps for those product areas, including forecasts, global competitive landscape, and target customers, applications, and markets
Use data-driven insights to make informed decisions regarding product positioning and differentiation
Develop pricing strategies that support corporate goals and market expectations
Define marketing strategies across different channels, geographies, and customer segments
Evangelize for their products internally and externally by regularly hosting training on products and applications, and attending tradeshows, conferences, and seminars
Cultivate relationships with key suppliers, partners, and customers
Work closely with engineering, manufacturing, suppliers, brand partners, sales, marketing and customers to ensure product success
Monitor market trends, competitor activities, and technological advancements related to their specific product areas
Comply with federal, state, and company policies, procedures, and regulations

Qualifications

To perform this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable Accommodations may be made to enable individuals with disabilities to perform the essential functions.

Required Skills & Abilities:

High level of personal initiative
Strong analytical skills to assess opportunities and risks
Entrepreneurial spirit to translate market trends and customer needs into actionable product plans
Technical curiosity
Ability to grasp complex technical concepts and translate them into marketable product features
Excellent written and verbal communication skills to articulate product strategies and requirements and to collaborate and influence diverse teams of stakeholders
Understanding of financial metrics and key performance indicators (KPIs) relevant to product profitability
Can manage workload of multiple, concurrent projects and priorities at once
Excellent problem solving and creative thinking capabilities
Proficient with all MS Office software
U.S. Citizenship or permanent residence required

Education/Experience:

Bachelor’s degree or higher in Engineering, Business, Math, Physics, Chemistry, Biology, Astronomy, or related field; eight (8) to ten (10) years experience in an optics, lasers, or physics lab, or in product support of optical or photonics components, or in product development of technical components.

Physical Requirements:

Ability to travel; work in office and occasional lab setting

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Think you meet some of the requirements but not all? Studies have shown that women and people of color are less likely to apply to jobs for which they do not meet every qualification. If you see a role that interests you, we encourage you to apply, regardless of whether or not your experience is completely aligned with the job description. Edmund Optics is committed to becoming the most diverse, equitable, and inclusive workplace within the Optics and Photonics Industry and beyond. You may be a great candidate for this role or others within Edmund Optics.

Compensation Range Transparency:

At Edmund Optics, we are committed to transparency and equity in our hiring practices. The posted salary range for this role reflects the expected base pay. The actual offer will be based on multiple factors, including but not limited to relevant skills, education, work experience, business needs, and geographic location.

Salary Range:$94,000 – $102,000 per year

Benefits: