Product Development Manager: Job Description & Salary Glossary

21 de febrero de 2023

Top 5 product developer interview questions with detailed tips for both hiring managers and candidates. Supporting manufacturing and design activities by developing prototypes for products in development. Evaluate products, processes and services to ensure that a viable business case exist. For example, the PDM should always support their scoped features with wireframes to aid the designers’ understanding. They should also be able to engage in technical debates and make trade-offs with the engineers to decide what is best for the project’s timeline and budget. Product management focuses on the strategic and business aspect of the product.

product development manager

Project Tracking Track progress and monitor multiple projects with dashboards. Different responsibilities and approach to work of both processes determine the setup of the product team. Top 5 product specialist interview questions with detailed tips for both hiring managers and candidates. Ability to work effectively with multiple internal teams outside of Product Management (Business Development, Operations, Contracts, Software Development, Senior Management, etc.). Create clear and effective technical specifications for the product or service.

New Product Development Manager Gender Distribution

Participates in the development of the vendor matrix for multiple categories. We are seeking an exceptional Product Development Manager to join us at our corporate office. This position reports to the Vice President of Product and serves a critical role in helping support our product teams. Manage the approval processes, making sure all product development is routed through Company’s approval systems as per our global product integrity guidelines. Grow and manage Product developers ensuring milestones are met and the product creation process is standardized across categories. Specific knowledge of software engineering, UX, testing, and more will be invaluable in the day-to-day of the role.

Clever Carnivore Names Russell Thomas VP of Product Development – WSIL TV

Clever Carnivore Names Russell Thomas VP of Product Development.

Posted: Tue, 16 May 2023 16:15:18 GMT [source]

Many product development managers have a bachelor’s or master’s degree in a relevant field, such as engineering or business. Some may have a bachelor’s or master’s in a technical field, such as computer science or engineering, and then receive additional training in business. If you’re just starting a product management job, take the first couple of months to talk to as many customers as you can. These managers are known as people persons because the majority of their day is spent talking with people. In addition to needing a bachelor’s, or even a master’s, degree, you need a bit of experience under your belt.

Choose From 10+ Customizable New Product Development Manager Resume templates

While new product development managers would only make an average of $168,396 in Vermont, you would still make more there than in the rest of the country. By finding the median salary, cost of living, and using the Bureau of Labor Statistics’ Location Quotient, we narrowed down our list of states to these four. As you move along in your career, you may start taking on more responsibilities or notice that you’ve taken on a leadership role.

product development manager

Developing product strategies that align with company goals and customer needs. Armed with a wealth of knowledge and expertise, they easily navigate complex challenges, transforming ideas into tangible products that captivate and inspire. Communicates with regional PD and manufacturing groups to gain consistency in product construction and leverage style options for multi-customer sales. Understands each employee’s workload, projects, and subsequent scopes, and helps assign new projects to appropriate resources based on this information, bandwidth, and business priorities. Possess a high level of analytical skills and have conceptual creative ability. Lead an Innovation and development unit in the creation of frozen snacks products and technologies.

Duties & Responsibilities 10

In a nutshell, as a PDM, you will look after a product’s technical and design aspects. Determines construction requirements for socks to best utilize manufacturing and raw material resources while achieving design and cost targets. Guide and mentor junior team members as needed (technical skills, organizational skills, EQ, etc…). Develops and maintains effective working relationships with members of cross-functional teams and influences to achieve results. Leads, mentors, and trains junior team members; make performance recommendations as appropriate. Review all development swatches with design, send comments to vendors on swatches and follow up with vendors on all development of fabrics & trim.

product development manager

In comparison, PDM is responsible for how you will solve the problem to reach a solution. A basic version of a product with just enough features to satisfy early customers and provide feedback for future development. An approach to building new products that emphasize rapid experimentation, customer feedback, and data-driven decision-making. A visual representation of a product’s strategic plan and the key milestones in its development.

What are some job titles that are similar to a Product Development Manager?

The Product Development Manager oversees the development of hosiery products from concept to completion including yarn selection, machine usage, construction, and final manufacturing specifications. Manages product development process of globally sourced and vertically manufactured styles to meet design initiatives, cost parameters, and manufacturing constraints. This position will be responsible for evaluating industry trends alongside property-specific needs when developing new products and refining existing products. Salary for product development managers in the US ranges from $90,000 to over $150,00.

product development manager

The product development trends 2023 typically starts by taking the problem and working closely with designers to validate the solution with the customer. Lastly, they work with the engineers to translate the requirements and the design into a functional product while keeping everything within budget. To be successful in this role, you need to be able to think creatively about new products and services, understand how they will be used by customers, and know how to bring them to market. You should also be able to manage multiple projects simultaneously and work effectively with others. Demand for new and innovative products and services should drive employment growth for product development managers.

What is Product Development?

Product development can turn out to be an exciting, yet difficult endeavor. The product development cycle of taking a product from an initial concept to the final launch breaks down into six steps. The NPD Manager will be serving as a product and ingredient expert in creating fact sheets, marketing content and campaign creation.

  • Zippia allows you to choose from different easy-to-use Product Development Manager templates, and provides you with expert advice.
  • Present plans to senior management to obtain support and approvals needed to move projects forward.
  • The need for more technical talent is a trend that is being felt across all industries, but it is especially prevalent in the product development field.
  • This requires a deep understanding of both technology and design, which is where product development managers come in.
  • As users become more accustomed to using digital products, they have come to expect a certain level of usability and simplicity from the products they use.

Once they complete the business case and discuss the target market along with the product functionality, it’s time to move on to the next phase, which would be defining the product. In particular, the NPD Manager will evaluate conformity of product samples submitted by vendors, organize and distribute samples to internal and external users for user trials. Following the trials, the NPD manager will evaluate formulas, communicate with sample participants and provide feedback in internal panel studies. A Product Development Manager is responsible for bringing new and improved products to market.

Customer analytics: Using data to improve the customer experience

They typically work in excess of 40 hours per week, and may end up doing some of their tasks at home at night and on the weekends. A product development manager researches, validates, and co-ordinates the development of new products through real-world market research to ensure product/market fit. A PDM’s main role is to assess the viability of new products and, once in development, ensure that they continue to solve customer problems. To do this, a PDM will carry out market research, liaise directly with customers, closely monitor industry trends, and manage the technical development of the product. A Product Development Manager —often a software engineer, QA tester, or UX designer—is responsible for identifying new opportunities for developing a new marketable product from concept to distribution.

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