Negotiable Salary
Teguar Corporation
Charlotte, NC, USA
Summary: Reporting to the President and a member for the global leadership team, the Director of Product at Teguar plays a pivotal role in defining and executing our product strategy. The Director of Product is responsible for managing our diverse portfolio of products, including those designed by our contract manufacturers. The Director of Product collaborates with Sales, Global engineering, and Marketing teams on in-house product development. The Director of Product’s leadership is critical in ensuring that our products meet market demands & drive gross profit growth. ESSENTIAL DUTIES AND RESPONSIBILITIES: Leadership (LMA): Establishes departmental policies, practices, and procedures that significantly impact the organization. Builds and leads a high-performing product management team, fostering a culture of innovation, results, accountability & continuous improvement. Develops skills within the Product organization to build robust internal talent pipeline. Product Portfolio Management: Continuously evaluate and update our product portfolio to ensure it remains competitive, innovative, and aligned with the latest technological advancements our customers are looking for. Ensure successful completion of NPI (New Product Introduction) process and successful lifecycle management of aged and obsolete product. Product Strategy: Develops and executes a comprehensive product strategy by product vertical that is aligned with the company's profitability goals, market trends, and customer needs. Creates and communicates product roadmaps that align with the company's vision & long-term planning, incorporating feedback from stakeholders and vendors and building excitement for Teguar’s product offering. Products are launched with clear targets, messaging and forecasts. Product sales trends are reviewed and reported to the global leadership team. Technical Marketing Communication: Responsible for partnering with our marketing team to ensure that our website and other digital platforms comprehensively and clearly communicate product features and advantages. Defining value proposition for new products and target markets. This role includes closing any content gaps with competitors and positioning our brand as the best choice for engineering focused product offerings. Custom Product Group: Directs the growth, design and development of customized products to meet the customer’s requirement & evaluates product performance. Sales Engineering: Provides leadership and guidance to the sales engineering team, ensuring they have the technical knowledge and tools needed to support the sales process effectively. Pre-Sales Support for large (+$100k) opportunity customers. Market Analysis: Conducts market research, competitive analysis, and customer feedback analysis to identify growth opportunities, addressable market and make informed product decisions. Pricing and Profitability: Develops pricing strategies to maximize profitability while maintaining competitiveness in the market. Quality Assurance: Ensures product quality and reliability, collaborating with quality control and assurance teams. Requirements - Proven record of accomplishment of successfully leading and launching products. - Strong analytical skills and the ability to make data-driven decisions. - Exceptional leadership and team-building abilities. - Excellent communication and presentation skills. - Familiarity with contract manufacturing processes and OEM (Original Equipment Manufacturers) relationships. EDUCATION AND/OR EXPERIENCE: Bachelor's degree in engineering (MBA preferred) and 8+ years of product management experience in the industrial or medical technology sector. OR a minimum of 11 years relevant experience in lieu of a Bachelor’s degree; OR an equivalent combination of education and experience. Previous people management experience preferred. Benefits Commission Plan 401K Matching HRA (Health Reimbursement Account) covers medical, dental and vision expenses Gym Membership Paid Holidays and PTO days Birthday PTO and Volunteer Day Culture Committee Program Employee Referral Bonus Program Modern office work environment with free drinks and snacks