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Product Development Manager Jobs in Carol Stream, IL

Lead product development projects through ITW's New Product Development process, managing priorities, timelines, risks, and project execution from concept through launch. * Partner with Manufacturing ...

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Product Development Manager information

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$44K

$131.3K

$149.5K

How much do product development manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for product development manager in Carol Stream, IL is $131,344.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,400.00 and $147,900.00 per year, depending on experience, location, and employer.

What is a product development manager?

A Product Development Manager is a professional responsible for overseeing the process of creating new products or improving existing ones within a company. They coordinate cross-functional teams, manage timelines, and ensure that products meet market needs and business objectives. Their role often includes market research, product design, testing, and working closely with marketing, engineering, and sales teams to bring products to market successfully.

What does a product development manager do?

A product development manager helps a company design new goods and merchandise to increase sales and revenue. As a product development manager, you collaborate with market research and product marketing managers to form development and marketing strategy around new product ideas. You also work with teams in the product development and marketing departments to implement strategies and design new goods or services. You oversee quality assurance testing to ensure that the end user is satisfied with the products your company creates.

What are the key skills and qualifications needed to thrive as a product development manager, and why are they important?

To thrive as a Product Development Manager, you need expertise in project management, market analysis, and product lifecycle strategies, usually supported by a degree in business, engineering, or a related field. Familiarity with tools like Agile methodologies, product management software (e.g., Jira, Trello), and certifications such as PMP or Scrum Master are highly beneficial. Strong leadership, communication, and problem-solving skills help you motivate teams and navigate cross-functional collaboration. These competencies are crucial for driving innovation, meeting market demands, and ensuring successful product launches.

What are some common challenges a product development manager might face when balancing stakeholder expectations and project timelines?

A Product Development Manager often navigates the challenge of balancing diverse stakeholder expectations with realistic project timelines. Stakeholders, such as marketing, sales, and engineering teams, may have differing priorities or urgency, which can lead to conflicting demands. Effective communication, setting clear project milestones, and regularly updating all parties are essential strategies. Additionally, managing scope creep and ensuring alignment on product vision help prevent delays and maintain focus on deliverables.

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

AspectProduct Development ManagerProduct Manager
Primary FocusOversees the development process, managing teams and technical aspectsDefines product vision, strategy, and manages the product lifecycle
Required SkillsTechnical knowledge, project management, team leadershipMarket research, user experience, strategic planning
Work EnvironmentCollaborates with engineering, design, and production teamsWorks closely with marketing, sales, and customer feedback

While both roles are integral to product success, the Product Development Manager primarily focuses on managing the development process and technical teams, whereas the Product Manager concentrates on defining the product vision and strategy. Understanding these distinctions helps organizations assign the right responsibilities and professionals to each role.

Is product development manager a 9-5 job?

Product development managers often work standard business hours, but their schedule can extend beyond 9-5 depending on project deadlines, meetings, and company needs. They may need to be flexible, especially during product launches or critical phases, and often collaborate with cross-functional teams across different time zones.

What job categories do people searching Product Development Manager jobs in Carol Stream, IL look for?

The top searched job categories for Product Development Manager jobs in Carol Stream, IL are:

What cities near Carol Stream, IL are hiring for Product Development Manager jobs?

Cities near Carol Stream, IL with the most Product Development Manager job openings:

Director Product Development - Kettle

OSI INDUSTRIES, LLC

Aurora, IL โ€ข On-site

$158K - $237K/yr

Full-time

Retirement

Posted yesterday

New


Job description

As a premier global food provider, the OSI Group partners with the world’s leading foodservice and retail food brands to provide concept-to-table solutions that delight consumers around the globe.  

Join us and discover a work experience where diverse ideas are met with enthusiasm, and where you can learn and grow to your full potential. We’re looking for individuals who thrive in an entrepreneurial environment and who enjoy working as a team to deliver unparalleled service and solutions to our customers.  

This role is responsible for directing the activity of the corporate Product Development department in support of organization objectives. This position will work closely with cross functional partners to identify and prioritize projects that include planning, developing, and executing projects. This position will assist in developing and building leadership talent and capability within R&D. 

Job Responsibilities  

  • Lead and oversee the product development team in a dynamic a fast-paced manufacturing environment. 

  • Leverage technical knowledge of product development and commercialization process with a strong drive for results and flawless execution.    

  • Align with leadership business objectives and collaborate with cross function teams to execute product development plans and deliver results,    

  • Evaluate, prioritize, and schedule projects; assign to Project Managers based on complexity, priority, and project loads. 

  • Establish project objectives and work with Project Managers to identify obstacles, risk, solutions and to establish timelines.   

  • Monitor project process and provide support and guidance for formulation, testing and scaling up in production. 

  • Support sales team to create new business opportunities. Responsible for making initial customer contact during project start-up. 

  • Guide the highest level of R&D discipline.  Create and apply well defined test plans for potential new technology and equipment, evaluate results, document and make recommendations.   Apply the same R&D discipline to trouble shoot and root cause analysis to address product performance issues.    

  • Strive to develop the least product cost. Identify and execute cost saving opportunities.   

  • Source, outline tests and recommend ingredients for flavor and functionality. 

  • Acts as internal and external consultant for product development expertise. 

  • Facilitate creativity to product and process development, as well as protecting intellectual property.  

  • Establish and maintain vendor relationships. 

  • May serve as Project Manager for more complex or critical projects. 

  • This role has the responsibility to understand and place in practice appropriate safety procedures. This responsibility is achieved through education, training, use of protective equipment (as applicable) and by following safety policies, regulations, standards, and laws. 

  • Identify the technical gap in the R&D and assist in developing the solutions.   

  • Develop department talent by coaching team members, developing individual development plan and providing timely performance feedback, 

  • Perform other duties as assigned. 

Experience & Skills  

  • 10+ years of experience in related field is preferred. 

  • Deep knowledge of product life cycle and commercialization process.   

  • Proven track record in developing and launching new products. 

  • Excellent proficiency in all Microsoft Office Suite Products. 

  • Demonstrated leadership skills with the ability to inspire and motivate team members to achieve goals and deliver results. 

  • Knowledge of production equipment and applicable uses. As well as ingredient functionality and usage.   

  • Strong analytical skills and problem-solving capability with a keen attention to detail.    

  • Thorough knowledge of USDA and FDA requirements and impact on product development and production. 

  • Excellent project management skills, with the ability to prioritize and to manage multiple ongoing project obligations simultaneously. 

  • Exceptional communication and interpersonal skills, with the ability to collaborate with the cross-function teams and senior leadership teams effectively. 

Education  

  • MA/MS/MBA or equivalent is preferred. 

  • Meat Science, Dairy Science, Animal Science or Food Science. 

Compensation & Benefits

The salary range posted represents the low and high end of OSI’s salary range for this position. The salary range for this role is $158,208.00 to $237,312.00 USD, with a midpoint of $197,760 . Offers are typically made between the minimum and midpoint of the range, based on skills, experience, and internal equity. In rare cases, highly qualified candidates may receive an offer above the midpoint; however, offers at the maximum of the range are not customary.  Salaries will vary based on various factors, including but not limited to, location, education, skills, experience and performance. Base salary is one component of OSI’s overall total rewards package. Other components may include bonuses, special pay programs, comprehensive time off, 401k with match and a full suite of benefit offerings for you and your family. 

Work Environment 

  • Work is generally performed within a business professional office environment, with standard office equipment available. 

  • Work conditions are typical of a food manufacturing facility. 

  • This role requires 30% domestic travel. 

  • Position may require the physical agility of lifting up to 50 pounds 

  • Position may require frequent and/or infrequent bending, squatting, pushing, pulling, stretching/reaching, use hands or fingers, talk, hear, feel objects, tools, controls, and standing/walking on concrete flooring. 

  • Position may require the physical ability to stand/walk for Greater than 4 hours. 

  • Will be exposed to the touch, feel, and taste of beef, poultry, turkey, dairy,  fish, and the standard allergens (milk, egg, shellfish, tree nuts, peanuts, sesame, wheat, and soy) .