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Product Development Manager

Lead new product development and manage product line strategy to grow revenue
Louisville, Kentucky, United States
Senior
6 days ago
NFI Parts

NFI Parts

A provider of parts and components for the transit industry, specializing in bus and motor coach replacement parts and accessories.

Description

NFI Parts™ is North America's most comprehensive organization providing parts, technical publications, training, and support for buses and motor coaches. NFI Parts is the parts division of NFI Group, providing replacement parts for New Flyer® transit buses, MCI® motor coaches, ADL buses, ARBOC® vehicles, as well as the product lines for the acquired NABI and Orion parts businesses. Additionally, NFI Parts has extensive cross references for parts that are common with other bus, coach, and cutaway product lines and has a mature supply base and established relationships with over 1,000 suppliers. Further information is available at www.nfi.parts .com.

POSITION SUMMARY

The Product Development Manager is responsible for leading new product development, product line management, and private label branding to drive business growth. This role identifies & evaluates new business markets, technologies, opportunities and then executes by leading cross functional teams to enhance the company's competitive advantage & grow revenue.

WHAT YOU WILL DO:

· Manage and Drive New Product Development, Product Line Management, and New Business Opportunities

· Develop and oversee the execution of the product line strategy to deliver a parts portfolio to service NFI's customer base and maximize profits, including new product opportunities, enhancements, data management, & phasing out end-of-life products

· Manage & lead a team of Product Line Managers to drive strategy & execution

· Own and grow the NFI Parts Brands (Kinetik, SVP, OE); manage positioning, pricing, and profitability

· Mange cross-functional project teams and processes related to sales growth & product management initiatives

· Guide market analysis efforts to identify requirements for current & future programs, new business, and products supported by sales intelligence and other industry sources.

· Lead the preparation of business case data for opportunities related to new programs or product offerings, emerging market & technologies – Present recommendations for implementation to stakeholders

· Act as the subject matter expert to provide support for Marketing & Sales to deliver internal & external training, marketing collateral, launch materials, and other activities supporting a successful launch

· Serve as the primary conduit between Sales, Marketing, Engineering, Procurement, Inventory Planning, Pricing, and Operations on new business opportunities

· Monitor and present project status & milestones to multi-functional leadership groups to gain approvals to proceed, prioritize, & implement

· Track and report product & program performance metrics, including sales, margin, & market share

· Manage and oversee travel to trade shows, customer visits, and supplier engagements while personally traveling to attend key events/meetings to drive business growth & build relationships

· Establish key performance indicators (KPI's), conduct employee performance reviews, own administrative & team management responsibilities to ensure efficient operations and team development.

WHAT YOU NEED TO BE SUCCESSFUL:

· Bachelor's degree in Engineering, Business, and/or equivalent experience which has provided both theoretical & practical knowledge of the field

· 8+ years of experience in business development, product management, and/or sales leadership, preferably in the transportation or automotive industry

· Deep experience in new product development, private label management, and driving market expansion strategies

· Proven track record in evaluating new markets, business opportunities, & competitive landscapes to drive sustainable growth

· Experience in managing & mentoring departments & cross-functional teams, including product managers

· Excellent communication, presentation, and relationship-building skills

· Strong written and verbal communication skills

· Innovative and strategic thinking

· Advanced MS Office skills

· Motivated self-starter with capabilities to work within a fast-paced, team-oriented environment

· Ability to travel 15-20%

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Product Development Manager
Louisville, Kentucky, United States
Product
About NFI Parts
A provider of parts and components for the transit industry, specializing in bus and motor coach replacement parts and accessories.