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Product Planning Engineer- CNC Milling & Turning

Schaumburg, IL, US • Posted 5 hours ago • Updated 5 hours ago

Full Time

On-site

USD $110,000.00 - 130,000.00 per year

Fitment

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Job Details

Skills

Analytical Skill
Milling
Market Research
Market Analysis
Collaboration
Strategic Planning
FOCUS
Research
Research and Development
Product Strategy
Roadmaps
Marketing
Onboarding
Forecasting
Pricing
Sales
Product Planning
Mechanical Engineering
Product Development
Computer Networking
Manufacturing
Insurance
Life Insurance

Summary

**Vendor fee-4%**

Job Description

We are seeking a highly analytical and strategic Product Planning Engineer to develop and execute comprehensive product plans, aligning with market needs in our Turning and Milling business lines. You will be responsible for conducting market research, identifying customer pain points, and creating detailed product/technology roadmap to guide the development and coordinating launch of new products and solutions. This role combines market analysis, product development, cross-team collaboration, and strategic planning, with a focus on optimizing product performance and sales.

Job Responsibilities

Conduct deep research to understand industry trends, competitor actions, and customer needs, identifying opportunities and risks for product development.
Collect and analyze customer data through surveys and interviews to drive product improvements and new features.
Work with cross-functional teams (R&D, AE, Automation, CS) to align on product strategy and ensure customer insights shape product decisions.
Define a clear product roadmap, prioritizing features based on market and customer needs and guide the product development process.
Develop plans for product launches, including marketing strategies, sales activation, and customer onboarding, while preparing sales materials (manuals, quotes, etc.).
Track launch performance, adjust strategies as needed, and lead global product launches, ensuring successful local rollouts. Assess the economic impacts of supplier tooling costs, lead times, and unit costs.
Create pricing strategies, forecast revenue, and monitor metrics to optimize pricing, sales, and profitability.
Maintain relationships with HQ and participate in global product planning conferences.

Job Requirements

Bachelor's degree in mechanical engineering or equivalent experience.
Knowledge of the current Machine Tool Industry is a must
Minimum 5 years of relevant experience
Ability to evaluate, understand product development strategies within United States.
Strong networking skills needed to keep pace with contemporary manufacturing practices at better/best in class companies.
Ability to use MS Office

Company Benefits

We offer competitive pay based on experience.

401(k)
Health, Vision and Dental Insurance
Life Insurance and Short-Term Disability
Paid Time-Off including vacation, sick time and Holidays
Employee Referral Program

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.

Dice Id: 80183517
Position Id: da3644c8890fbd772f3b7d29d8fd0437
Posted 5 hours ago

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