Marketplace Product Line Manager

Posted 12 Days Ago
Be an Early Applicant
Cherry Hill, NJ, USA
In-Office
94K-102K Annually
Expert/Leader
Industrial • Manufacturing
The Role
Owns strategy, roadmaps, business cases, pricing, positioning, and profitable growth for assigned marketplace product lines. Conducts market, competitor, customer, and technology analysis; identifies new product opportunities and end-of-life plans; and collaborates with engineering, manufacturing, suppliers, sales, marketing, and customers. The role requires technical understanding of optics and photonics, stakeholder influence, product training, and occasional travel to industry events.
Summary Generated by Built In
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:

  • Medical, Dental, and Vision Insurance
  • Life, AD&D, Short and Long-Term Disability Insurance
  • Generous Paid Time Off (PTO)
  • Tuition Reimbursement
  • 401(k) Retirement Plan with Company Match up to 3%
  • Daycare and Gym Reimbursement
  • Paid Parental Leave and New Mother Benefits
  • Training and Development Opportunities

Availability of these benefits may depend on the country and employment type.

#LI-ONSITE






Skills Required

  • Bachelor's degree or higher in Engineering, Business, Math, Physics, Chemistry, Biology, Astronomy, or a related field
  • Eight to ten years of experience in an optics, lasers, or physics lab; product support of optical or photonics components; or product development of technical components
  • U.S. citizenship or permanent residence
  • Proficiency with all Microsoft Office software
  • Strong analytical skills to assess opportunities and risks
  • Ability to translate complex technical concepts into marketable product features
  • Excellent written and verbal communication skills
  • Understanding of financial metrics and product profitability KPIs
  • Ability to manage multiple concurrent projects and priorities
  • Excellent problem-solving and creative-thinking capabilities
  • Ability to travel and work in an office and occasional lab setting
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The Company
HQ: Barrington, NJ
575 Employees
Year Founded: 1942

What We Do

Edmund Optics has been a leading supplier of precision optics and optical components since 1942, designing and manufacturing a wide array of multi-element optical lenses, lens coatings, imaging systems, and optomechanical equipment. Led by a staff of skilled optical engineers and scientists, Edmund Optics is application focused and pursues new ways to implement optical technology, enabling advancements in industrial metrology, semiconductor manufacturing, life sciences, and more. Edmund Optics is a worldwide presence in industrial optics extending well beyond our original manufacturing plant and corporate headquarters in Barrington, New Jersey, USA. This page is hosted by Edmund Optics. View our privacy policy: https://www.edmundoptics.com/privacy-policy

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