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Product Research and Development Lead
2 months ago
We are seeking a highly motivated and experienced individual to lead our New Product Research and Development efforts at the Brandt Group of Companies. As a key member of our team, you will be responsible for building the knowledge required to be the subject matter expert on our product lines and the markets in which our customers operate.
Key ResponsibilitiesMarket Analysis and Research- Conduct in-depth market research to identify trends, opportunities, and challenges in the trailer industry.
- Develop a deep understanding of our competitors' value propositions, product specifications, and market share.
- Engage with targeted customers through one-to-one or group discussions to gain expert insights into their current issues and pain points with existing products.
- Develop a clear understanding of the commercial aspects of our products, including customer purchasing behavior, product value drivers, and business practices.
- Validate product-market fit by understanding customer priorities across multiple production systems.
- Ensure that new products are innovative, competitively priced, and aligned with our overall business strategy.
- Collaborate with cross-functional teams to execute our Product Development Process, ensuring that customer value targets and functional requirements are met.
- Report progress to internal stakeholders throughout the product development process.
- Transfer product and market knowledge to Sales and Marketing teams to inform them about our customer base and the benefits of our products.
- Highlight the unique value proposition of our products and showcase their benefits over competitive alternatives.
- Emphasize features that are valuable to customers for success.
Requirements:
- Strong market research and analysis skills
- Excellent communication and interpersonal skills
- Ability to work collaboratively with cross-functional teams
- Deep understanding of the trailer industry and market trends