Product Family Officer

6 days ago


Riyadh, Saudi Arabia Ground Handling Logistics KOSHK Full time

What does a Product Family officer do?

maintain a portfolio of all the products and product lines built by the company as they create, track, and monitor all the products within all its existing product lines. They provide product and market intelligence to companies with a clear objective of increasing market share. They define the product, pricing, positioning, and promotion strategies, and provide competitive analysis, including analyzing data, market trends, identifying market opportunities, advising on pricing and promotional decisions, alongside recommendations and guidance.

Product Family officer act as customer advocates and customer voices and fully understand the aspects of a customer’s business and capture and articulate any relevant market problems to translate them into market requirements for product management. They monitor the creation and development of new products, perform ongoing market research while tracking customer satisfaction, and participate in the product decision-making process and measurement of product success.

What responsibilities are common for Product Family officer jobs?

Assist management in planning of long or short-term department objectives.

Work closely with customers and internal stakeholders to define product strategy.

Delegate tasks to machine operators and follow-up to ensure completion.

Research customer product requirements, competitive offerings, and product gaps to determine market needs for new products.

Ensure packaging runs adhere to the schedule and are completed on time.

Manage risks during the execution of product rationalization and new product launches.

Support teams with market launch and product training packages (internal and external).

Ongoing hiring, mentoring and development of the team which includes recruiting, hiring, and training new members

Ensure client, family and external stakeholders' satisfaction with services.

Provide leadership on go-to-market and launch efforts.

Monitor and make corrections to stay within the department operating budget targets.

Provide guidance, support and developmental needs so the team and organization are successful.

Plan for maintenance of equipment and facilities to maximize the uptime and utilization of capital equipment assets.

Ensure the enhancement of business development and continuous improvement of care center efficiencies and fiscal success.

Analyze portfolio performance, including revenue, profitability, volume, price and quality and converts analysis into insights, actions and a product line strategy.

Develop the necessary business cases, pricing strategies and discounting guidelines that support product development and positioning in the target markets.

Participate in seminars and classes for skill and knowledge development.

Communicate plans to management and sales organization and assist with prospecting these new combinations.

Qualifications:
bachelor's degree in business, marketing, or related fields.

Can prioritize tasks and will strive for continuous improvement.

Demonstrated business acumen and leadership capabilities.

Comfortable leading and decision making.

Is a natural collaborator.

Prior experience as a consultant.

**Salary**: ﷼8,000.00 - ﷼13,000.00 per month


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