New Product Development Manager (28658) (Faribault)

Title : New Product Development Manager

Location : Faribault, MN

Job Type : Permanent / Direct-Hire

Compensation : $120,000 - $130,000 annually

Industry : Manufacturing

About the Role

Our client is a leading manufacturer in the power solutions industry, known for delivering custom products, integrated systems, and service solutions with exceptional speed and precision. With a commitment to safety, innovation, and sustainability, they operate from a state-of-the-art facility powered in part by their own microgrid. This role offers the opportunity to work at the intersection of engineering, sourcing, and product developmentdriving the launch of cutting-edge technologies that power industries across the country.

Job Description

As the New Product Development Manager , you will lead sourcing and procurement activities for new product introductions. Youll collaborate with engineering, product management, and suppliers to ensure timely delivery of components and materials, while maintaining high standards of quality and compliance. This role is critical in bridging the gap between product development and production, ensuring a smooth and successful launch of innovative solutions.

Key Responsibilities

• Identify and mitigate sourcing risks early in the development cycle.
• Align with Commodity / Category Managers to evaluate and onboard suppliers.
• Lead RFQ and quoting processes for new product components.
• Develop and manage sourcing strategies and provide regular updates to stakeholders.
• Track and manage quality, cost, lead time, and technology advancement across the full bill of materials.
• Implement and monitor supplier contracts including CDAs, MSAs, SPSAs, and RAs.
• Support financial processes including invoice reconciliation and reporting.
• Drive continuous improvement using data analysis and visualization tools.

Qualifications

Required Qualifications

Preferred Qualifications

Benefits

This company offers a comprehensive benefits package including 401 (k) with company match, Medical Insurance, Dental Insurance, Vision Insurance, Disability Insurance, PTO, Sick Time, Employee Appreciation Time, and Paid Holidays.

Equal Opportunity Statement

As an equal opportunity employer, Dahl Consulting welcomes candidates of all backgrounds and experiences to apply. If this position sounds like the right opportunity for you, we encourage you to take the next step and connect with us. We look forward to meeting you!