Product Manager

Astec - Jerome
Chattanooga, TN Full Time
POSTED ON 3/21/2023 CLOSED ON 5/31/2024

What are the responsibilities and job description for the Product Manager position at Astec - Jerome?

BUILT TO CONNECT

Astec is a global, environmentally focused infrastructure and manufacturing company of asphalt road building and aggregate processing. Our mission is to design and build the most innovative products for the industries we serve. Leveraging innovative solutions and technologies, we serve customers all over the world. 

 

ABOUT THE POSITION

The Product Manager will be charged with owning the success of the Product Group and leading New Product Development in the cross-functional Product Management Team. Within product development the Product Manager will provide market research and guidelines for existing products and new development initiatives. Project management and communication skills are critical to this role. 

Regular travel to events and customers will keep the Associate Product Manager close to market knowledge and assist Sales and Marketing initiatives. 

 

Key Deliverables

  • Drive increases in performance to Product Group sales and profitability
  • Manage new product development programs and lead cross-functional team to deliver quality products on schedule within financial targets
  • Act as Subject Matter Expert and Voice of Customer for relevant products
  • Execute Custom Equipment Request Process for appeals from field sales
  • Regularly update Senior Leadership Team on progress of programs

 

Key Activities & Responsibilities

  • Organizes cross-functional team for Product programs to achieve objectives regarding revenue and market share.  Provides and manages metrics for these goals.
  • Identifies market potential, establishes pricing and market strategies, estimates potential sales, introduces market/distribution channel issues and manages new product development.
  • Plans, organizes and coordinates assigned programs to ensure accomplishment of financial/budgetary goals and optimum allocation of resources.
  • Plans, conducts, and documents market research to identify opportunities for increased sales.
  • Defines marketing guidelines for new product development.  Provides payback analysis and product specifications.  Holds product development progress meetings with Product Development Teams.
  • Analyzes competitive products and provides summarized information to Sales Department and Product Management Teams.
  • Works closely with customers to gain market knowledge for product refinement and development.
  • Provides technical expertise and product knowledge to advertising department.

 

To be successful in this role, your experience and competencies are:

  • Project Management is critical to balance cost, quality, and schedules
  • Strong communication skills 
  • Interpersonal relationship building
  • Microsoft Office Skills
  • Experience with Asana project management software is a plus

 

Supervisor and Leadership Expectations

  • This role does not have supervisory or managerial responsibilities
  • This role has budgetary and program management responsibilities, but no direct reports.

 

Our Culture and Values

Employees that become part of Astec embody the values below throughout their work. 

  • Continuous devotion to meeting the needs of our customers
  • Honesty and integrity in all aspects of business
  • Respect for all individuals
  • Preserving entrepreneurial spirit and innovation
  • Safety, quality and productivity as means to ensure success

 

Travel Requirements: 25% of travel, including regional and occasional international

 

WORK ENVIRONMENT

Office

While performing the duties of this job, the employee is regularly exposed to risk of injury in an office environment and occasionally a manufacturing shop plant environment.  Duties include a typical office setting including extensive computer work, sitting or standing. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

Travel will include visits to roadwork and construction jobsites.

EQUAL OPPORTUNITY EMPLOYER

As an Equal Opportunity Employer, Astec does not discriminate on the basis of race, creed, color, religion, gender (sex), sexual orientation, gender identity, marital status, national origin, ancestry, age, disability, citizenship status, a person’s veteran status or any other characteristic protected by law or executive order. 

 

 

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