The Product Development and Portfolio Manager is responsible for leading the development, management, and enhancement of Hafeet Rail's rail service offerings. This role ensures the portfolio aligns with Hafeet Rail strategic objectives, meets customer needs, and drives business growth. The incumbent will collaborate with cross-functional teams to design innovative solutions and manage the lifecycle of products and services.
Principal Accountabilities
Product Development
Develop and launch rail services and products that align with the company's strategy.
Conduct feasibility studies and market research to identify customer needs and market opportunities.
Collaborate with operations, marketing, and other departments to ensure seamless integration of new products.
Design and implement pilot programs for testing and validating new services.
Oversee the lifecycle of all products and services, ensuring they remain relevant and competitive.
Evaluate the performance of the existing portfolio and recommend enhancements or discontinuations where necessary.
Develop pricing strategies and business cases for product offerings in collaboration with the Costing and Pricing team.
Customer-Centric Approach
Work closely with customers to understand their logistics pain points and design tailored solutions.
Ensure customer feedback is systematically captured and used to refine products and services.
Strategic Collaboration
Liaise with marketing, costing, and operational teams to ensure product positioning aligns with company goals.
Identify partnerships and external opportunities to enhance service offerings.
Prepare reports and presentations for senior management on product performance and new initiatives.
Innovation and Trends
Stay updated on industry trends, competitor offerings, and technological advancements.
Propose and implement innovative ideas to maintain a competitive edge in the rail industry.
Knowledge, Skills, and Experience
Bachelor's degree in Business Administration, Engineering, Logistics, or a related field. Master's degree or MBA is preferred.
7+ years of experience in product development, portfolio management, or related roles, preferably in the logistics or transportation sector.
Strong analytical and problem-solving skills and proficiency in market research and data analysis tools.
Proven experience in cross-functional team collaboration.
Customer-focused mindset with a track record of delivering tailored solutions.
Knowledge of rail logistics or transportation systems is a plus.