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New Product Development Manager Jobs in Indiana (NOW HIRING)

Carrier

New Product Development Engineer

Indianapolis, IN · On-site

$64K - $129K/yr

About this role The New Product Development Engineer (Systems Engineer) will support the design ... Demonstrated ability to manage multiple priorities and work independently Additional Information

Fasnap Corp

Product & Market Development Manager

Elkhart, IN · On-site

$108K - $135K/yr

... development, industrial sales, or a related field to help drive our next phase of growth ... You'll do more than manage products--you'll identify new opportunities, develop innovative product ...

Fasnap Corp

Product & Market Development Manager

Elkhart, IN · On-site

$108K - $135K/yr

... development, industrial sales, or a related field to help drive our next phase of growth ... You'll do more than manage products-you'll identify new opportunities, develop innovative product ...

Fasnap Corp

Product & Market Development Manager

Elkhart, IN · On-site

$108K - $135K/yr

... development, industrial sales, or a related field to help drive our next phase of growth ... You'll do more than manage products--you'll identify new opportunities, develop innovative product ...

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All JobsNew Product Development Manager JobsNew Product Development Manager Jobs in Indiana

New Product Development Manager information

See Indiana salary details

$40.4K

$120.8K

$137.5K

How much do new product development manager jobs pay per year?

As of Jun 16, 2026, the average yearly pay for new product development manager in Indiana is $120,837.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,000.00 and $136,100.00 per year, depending on experience, location, and employer.

What are the 7 stages of new product development?

The 7 stages of new product development typically include idea generation, idea screening, concept development and testing, business analysis, product development, market testing, and commercialization. As a New Product Development Manager, understanding these stages helps in managing the process from concept to launch efficiently and aligning teams with project milestones.

What's the highest paying PM job?

The highest paying project management roles are often in industries like technology, finance, and engineering, with executive-level positions such as Program Director or Portfolio Manager offering the highest salaries. These roles typically require extensive experience, advanced certifications like PMP or PgMP, and strong leadership skills. Salaries can exceed $150,000 annually, especially in large organizations or high-demand sectors.

Is there a high demand for product managers?

The demand for product managers, including New Product Development Managers, is strong across many industries due to the focus on innovation and competitive growth. Companies seek professionals with skills in market research, project management, and technical understanding to lead product development efforts, making this a growing and competitive field.

What is the difference between New Product Development Manager vs Product Manager?

AspectNew Product Development ManagerProduct Manager
Primary FocusOverseeing the development of new products from concept to launchManaging existing products' lifecycle, features, and market fit
Required SkillsInnovation, project management, cross-functional collaborationMarket analysis, user experience, strategic planning
Work EnvironmentR&D teams, engineering, design departmentsMarketing, sales, customer support teams
Industry UsageCommon in manufacturing, tech, consumer goodsWidespread across tech, retail, software industries

While both roles involve product development, the New Product Development Manager primarily focuses on creating new products from scratch, coordinating R&D efforts, and managing innovation projects. In contrast, the Product Manager typically oversees the lifecycle of existing products, ensuring they meet market needs and business goals. Understanding these distinctions helps organizations assign the right responsibilities and find suitable candidates for each role.

What does a New Product Development Manager do?

A New Product Development Manager oversees the creation and launch of new products within a company. They coordinate cross-functional teams, manage timelines and budgets, and ensure that products meet market needs and company goals. Their responsibilities also include conducting market research, defining product requirements, and leading the product from concept to launch. This role requires a mix of project management, strategic planning, and communication skills. Ultimately, they play a key role in driving innovation and maintaining a company's competitive edge.

How to become a product manager with no experience?

To become a product manager with no experience, focus on developing skills in project management, communication, and understanding customer needs. Gaining familiarity with tools like Jira or Trello and earning certifications such as Certified Scrum Product Owner (CSPO) can also help entry into the field. Entry-level roles or internships in related areas like business analysis or marketing can provide relevant experience.

What are the key skills and qualifications needed to thrive as a New Product Development Manager, and why are they important?

To thrive as a New Product Development Manager, you need expertise in product lifecycle management, market analysis, and project leadership, typically supported by a degree in business, engineering, or a related field. Familiarity with product management tools (such as Jira or Trello), CAD software, and methodologies like Agile or Stage-Gate is often required. Exceptional communication, creativity, and cross-functional collaboration skills set top performers apart in this role. These abilities are crucial for successfully guiding products from concept to market launch while meeting business objectives and customer needs.

What are the main challenges a New Product Development Manager faces when bringing a product from concept to market?

A New Product Development Manager often encounters challenges such as aligning cross-functional teams, managing shifting project timelines, and balancing innovation with cost and feasibility constraints. Effective communication and adaptability are essential, as the role requires close collaboration with marketing, engineering, supply chain, and executive stakeholders. Navigating these complexities while ensuring that the product meets both customer needs and business objectives is a key part of the position.
What are the most commonly searched types of New Product Development jobs in Indiana? The most popular types of New Product Development jobs in Indiana are:
What are popular job titles related to New Product Development Manager jobs in Indiana? For New Product Development Manager jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching New Product Development Manager jobs in Indiana look for? The top searched job categories for New Product Development Manager jobs in Indiana are:
What cities in Indiana are hiring for New Product Development Manager jobs? Cities in Indiana with the most New Product Development Manager job openings:
New Product Development Manager jobs near you
Infographic showing various New Product Development Manager job openings in Indiana as of June 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, 1% Temporary, and 2% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $120,837 per year, or $58.1 per hour.

Engineer, New Product Development

MIDWEST AEROSPACE CASTING LLC

Crown Point, IN • On-site

$75K - $90K/yr

Other

Posted 29 days ago

Job description

Description

We are seeking a motivated and innovative New Product Development Engineer to join our dynamic team. The ideal candidate will be focused on the overall success of new product development and product design, strategy and forward-planning. This role requires a strong technical background, creativity, and the ability to collaborate effectively with cross-functional teams. Will collaborate with manufacturing to manage design specifications and process changes.


Key Responsibilities:

  • Manage products through all phases of New Product Development process including establishing critical paths, collaborating with departments and suppliers and meeting quality guidelines and customer requirements
  • Collaborate with customers and suppliers to continuously improve speed and effectiveness in delivering profitable new product and manufacturing solutions
  • Accountable to ensure new product meet cost and manufacturing requirements as well as supports the company commitment to producing top quality products
  • New equipment evaluation/implementation to support new product development and manufacturing process improvement
  • Work with multiple groups, including quality engineers, quality systems, leadership team, planners to assure quality and on-time delivery to our customers
  • Integration of Lean techniques into the engineering and operations area
  • Maintain and organize detailed records of development activities including prototypes, data, reports and changes to design requirements
  • Prepare and implement written procedures and specifications related to new products or new processes
  • Evaluate, analyze, and make recommendations on products, designs, and cost improvements to improve the competitive position of the company
  • Evaluate robustness of new designs to variations in the manufacturing process; maximize yield by reducing product's sensitivity to process variation
  • Utilize Magma software to create computer-aided design; experiment with and analyze different materials, manufacturing processes, design tolerances and factors in the manufacture process



We offer a collaborative work environment and opportunities for professional growth. If you are passionate about product development and eager to make an impact, we encourage you to apply.



Benefit information available on company website.

Chicago Magnesium Casting and Midwest Aerospace Casting, LLC. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.


Requirements

Education and Work Experience:

  • Bachelor's degree in engineering, strongly preferred
  • 3+ years' experience in product engineering or engineering intern role, preferred
  • Multi-disciplinary engineering and operations skill set, preferred
  • New product development experience, preferred
  • Project Management skills preferred
  • Strong technical knowledge of manufacturing processes, BOM structure and change control processes
  • Knowledge of PPAP, Process FMEA's, product and process validation for manufacturing and implementation of execution plans
  • Effective communicator with the ability to interface at all levels within the organization
  • Self-motivated drive to help the team improve through people, process and technology
  • Capability to accurately and efficiently work on multiple projects within strict deadlines
  • Strong problem-solving skills, identify errors and deficiencies; able to think critically
  • Proficient computer skills


Apply