Product Manager

Dover is a diversified global manufacturer with annual revenue of over $8 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainable Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. 

1: Be a part of Digital Product portfolio and strategize towards executing Digital Transformational initiatives. Growth Plans: Develop and execute short (annual) and long-term (5-years) growth strategies. Deliverables include product, technology and service roadmap and growth plan summary. Profit and Loss (P&L): Maintain regular analysis of product portfolio P&L to understand peaks and valleys and initiate actions to address any issues. Drive profitability via margin analysis and implementation of cost reduction and pricing initiatives. Product Portfolio: Develop and maintain a product portfolio that supports the market and

2: customer penetration objectives of the global sales team. Determine new product needs for global markets, vertical segments, and international markets. Develop Business Plans including Voice-of-the-Customer, cost targets, sales forecast, inventory guidance and financials. Create product specification and design targets with Engineering. Plan product life cycle (introduction-growth-maturity-decline) including enhancements and obsolescence.

3: Customer and Market Centricity: Experience analyzing and using data to inform decisions. Maintain market focus by regular contact with customers, sales and marketing. This includes responsibility for conducting distributor and end user training. Work closely with Sales management to provide forums to interact with distributor organizations in identifying growth opportunities and identifying new product development ideas.

4: Market Knowledge: Develop a library of market segments and applications and identify what products are required to be successful in these areas. Determine market size (revenue, units), growth and opportunity for each with Market Managers where applicable. Identify share and position in the market and develop plans to secure or grow position. Perform competitor analysis including SWOT, pricing, features and product breadth comparison. Identify market drivers and customer buying behaviors.

5: Prepare business requirements and charter documents in collaboration with Operating Companies and Engineering Squads in identifying use cases for new features. Hands on product lead developer expertise in designing solutions running on hybrid cloud environments. Drive communication and consistently report accurate product scenarios for stakeholders. Drive product and portfolio planning activities in Cloud & Edge based deployment by leveraging continuous improvement practices and adopting new technology stack.

Work Arrangement : Hybrid  

Salary Range :    -   

We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position.  Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.

All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.

<span style="font-family:"Calibri",sans-serif">Fraudulent Recruiting Disclaimer:  Dover Corporation and our affiliated operating companies want to alert applicants to internet job posting fraud, where parties posing as Dover employees, recruiters, or other agents, try to engage with online candidates in an attempt to steal personal and/or financial information.  We do not endorse or engage in any recruitment practices that involve payment or personal information outside of our official application and hiring process.  Please verify the authenticity of an invitation to apply for a job, or for a job offer by contacting us directly through our Dover and affiliated operating company websites at https://careers.dovercorporation.com/.  To learn how you can protect yourself, review our Recruitment Fraud Notice on our careers site.

This position may be located in: APAC : India : Karnataka : Bengaluru

Sub Division : Digital

Job Requisition ID : 58266

Job Function : Information Technology