Manager - Product Development

Job Title

Product Manager (Offering Manager – IOI / New Product Development)

Burnsville, MN, US

$ to $ annually

Trystar is at the forefront of advancing power solutions, charged and driven by a committed, dynamic team, tackling complex challenges, and creating innovative solutions. We’re looking for motivated, driven, and talented individuals eager to be part of the future of power. Safety and integrity aren’t just buzzwords, they are the north star guiding us as we aspire to wow our customers every day.

We’ve created power solutions that are not only durable and unique but are also the result of exciting teamwork from every corner of our organization.

Individually and collectively, every team member at Trystar plays for each other and strives to deliver unmatched value and 100% accuracy to our customers every single day. Our cutting‑edge headquarters is in Faribault, MN, a facility that is partially solar and wind powered by our own microgrid! Together, we are Trystar, where we power the future and nurture innovation for a brighter tomorrow.

Trystar’s team members are our most important asset, and we expect this position to play a critical role in achieving our strategic objectives. We seek an Offering Manager – IOI to lead our new offering development agenda — identifying where the market is heading, validating which opportunities are real, and ensuring Trystar's innovation investment is pointed at solutions customers will buy and Trystar can win.

• Opportunity Pipeline:
  Build and maintain a disciplined pipeline of new offering opportunities, prioritized by market size, strategic fit, competitive differentiation, and feasibility within Trystar’s capability base.
• Investment Cases:
  Develop investment‑grade business cases — market validation, customer evidence, competitive landscape, financial modeling, and build/partner/buy analysis — that drive confident go/no‑go decisions.
• Stage‑Gate Governance:
  Own the stage‑gate framework that advances programs from concept to pilot to commercial launch, ensuring appropriate validation at each stage and clear accountability for outcomes.
• Commercial Handoff:
  Define the readiness requirements for new solutions transitioning to OM‑Commercial/Demand ownership, ensuring positioning, pricing inputs, and sales enablement are in place before launch.

• Vitality index: percentage of revenue from solutions introduced within the last 24 months
• Innovation pipeline value: total addressable revenue of programs in active development
• Business case realization: percentage of forecasted Year 0 revenue achieved at commercial launch

• Safety – We believe everyone should leave Trystar facilities in the same or better condition than when they arrived.
• Integrity – We’re honest, transparent, and committed to doing what’s right.
• Customer focus – We have relentless focus on our customers and their success.
• Right with speed – We use good judgement, make thoughtful decisions quickly, and execute them with purpose and intensity.
• Play for each other – We’re a team. We show up for each other and we know that through teamwork we achieve greatness.
• Champion change – We know adaptation and improvement are requirements to survive and to thrive.
• Enjoy the journey – We create an environment where our team feels appreciated and has fun along the way.

• Lead market discovery across priority verticals and emerging application spaces — data centers, industrial, commercial, utility, and healthcare — to identify unmet needs and whitespace opportunities.
• Direct structured customer discovery efforts through Principal Advisors, Application Engineering, and Sales — validating problem severity, buying intent, and solution requirements before IOI investment is committed.
• Work with Commercial Strategy to translate market intelligence, technology trends, and competitive gap analysis into investable opportunity hypotheses with clear right‑to‑win rationale.
• Evaluate M&A targets and partnership opportunities as inputs to the IOI pipeline, providing structured assessments that inform acquisition screening…