Director of Product Development - Campbell Hausfeld (cincinnati, ohio) in Cincinnati, Ohio For Sale

Job Description:/h3:
Basic Function
The Director of Product Development is responsible for leading the organization in research for new products, product enhancements, and product redesign. This person will provide the Retail Team with strategic and visionary leadership necessary to enable growth as well as maintain and promote the offerings of current retail products within the marketplace. This position will be accountable for driving profitable revenue and market share growth for all new and existing assigned products. This includes developing and implementing product strategy and tactical plans.
Responsibilities and Duties
:Oversee and implement product development policies, objectives, and initiatives.
:Lead the development of the strategic product plan and annual budgeting to support corporate goals. These plans are intended to lead to the achievement of revenue growth, target gross margin growth and/or cost reduction.
:Initiate and direct activities of the product development process by maintaining an effective relationship with Engineering, Sales, Marketing, and Finance.
:Identify new opportunities to grow sales by creating and/or enhancing products that solve market problems using innovation, distinctive competence and creativity.
:Manage the PLC by deciding to continue or discontinue product offering based on
profitability/productivity.
:Drive revenue for the division through competitive distribution, pricing, and positioning.
:Segment the market and map needs of target markets. Analyze and determine market segments to proactively pursue or exit.
:Lead the development of assigned product promotional plan (advertising, PR, marketing programs) to deliver revenue growth as well as develop launch strategies and collateral for new product introductions (NPI). Drive creation of all collateral materials and ensure consistency and accuracy of messaging across all mediums (Catalogs, POP materials, On:line content) to support product launches.
:Maintain all market tracking mechanisms on an established rhythm to analyze report on and act on market trends.
Qualifications and Required Skills
:Bachelors degree in business or technical field required.
:Minimum of 10 years of experience in product management and or similar marketing roles.
:Self:starter with desire to foster a sense of urgency when addressing customer concerns.
:Proven track record of delivering against stretch goals; has consistently, resourcefully, and organically grown sales.
:A demonstrated commitment to continuous improvement and commercial productivity.
:Independent thinking is required as well as resilience, passion, and high:energy.
:Must demonstrate strong analytical and excellent communication skills (oral and written).
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