Product Manager - Flexibles & Closures : Food Market

Product Manager

As a Product Manager for TriMas Packaging's Closures & Flexibles division, you will play a pivotal role in driving the success of our product portfolio on a global scale. You will be responsible for developing and executing product strategies to meet market needs, driving innovation, and maximizing profitability. This role requires a combination of strategic thinking, market analysis & insight, and exceptional cross-functional collaboration to ensure the success of our products now and into the future.

Key Responsibilities :

• Develop & execute comprehensive product vision & strategies aligned to the company's overall objectives & market trends.
• Conduct market research, competitor & supplier analysis, & customer feedback to identify opportunities for product differentiation & innovation.
• Define product positioning, pricing strategies, and go-to-market plans to maximize market penetration and profitability.
• Manage the entire product lifecycle from concept to end-of-life, including new product development, launch planning, and product rationalization. Illustrate via product roadmaps.
• Collaborate with cross-functional teams including R&D, manufacturing, sales, PMO & GMs to ensure timely and successful product launches.
• Monitor product performance and market trends, making data-driven decisions to optimize product offerings and drive continuous improvement.
• Identify and evaluate opportunities for market expansion in new geographic regions and market segments.
• Develop and execute market entry strategies, including market positioning, exclusivity & prioritization and any regulatory or local compliance requirements.
• Work closely with regional sales teams to support local market expansion initiatives & T1 focus to drive revenue growth.
• Build strong relationships with key (T1) customers and partners to understand their needs, preferences, and pain points.
• Gather customer feedback & insights & expert opinions to inform product development priorities and enhancements.
• Act as a product expert and provide training and support to internal teams and customers as needed.
• P&L responsibility for the allocated product line
• Develop and manage product budgets, forecasts, and SMART KPIs including financial sales & profit metrics.
• Monitor product profitability, pricing strategies, and cost optimization initiatives to ensure alignment with financial goals.
• Identify opportunities for revenue growth and cost savings to drive overall profitability.

This role is required to be on-site 5 days at one of the following desired cities :