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Product Manager
Cummins Shoreview, MN
$97k-120k (estimate)
Full Time | Wholesale 2 Weeks Ago
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Cummins is Hiring a Product Manager Near Shoreview, MN

Our culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make your community a better place and work with today’s most innovative thinkers to solve the world’s toughest problems.

We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That’s what #LifeAtCummins is all about.

We are looking for a talented Product Manager to join our team specializing in Marketing for our Power Systems Business Segment in Shoreview, MN.

  • Manages key product line lifecycles. Understands market and industry trends. Leads the marketing initiatives for new product introduction and existing product change introduction.

  • Develops the long-term product line strategy, forecast, and the annual operating plan.

  • Provides product line budget requirements into the business unit annual operating plan.

  • Leads the development of product introduction plans.

  • Develops all aspects of the marketing mix to ensure the successful launch of new products and throughout the subsequent lifecycle.

  • Presents marketing approach for functional review and to the change management review group.

  • Leads pricing activity throughout the product lifecycle.

  • Leads available marketing resources and uses those resources appropriately and as needed to support the product range.

  • Ensures that the product branding strategy is implemented effectively and leads and supports internal and external communications in relations to the product range.

  • Protects intellectual property of the organization and works with legal counsel and engineering to ensure asset protection.

  • Defines and adopts, in the target market, a specific stance relative to the competition with the use of market research capabilities.

  • Leads improvement of customer satisfaction and solves ongoing customer issues in relation to the product range.

  • Leads management of the product lifecycle; determines when products should be deemed obsolete.

  • Develops, implements, and measures results of product promotions.

  • Engages with other functions and global locations to ensure global profitability of the product line.

  • Recommends marketing process changes that will improve Value Package Introduction and Value Package Change processes.

  • Coaches and motivates.

  • Associate Product Managers; provides guidance and direction on problems and issues; delegates work assignments considering employee skills and development needs.

Qualifications

Skills

  • Decision quality - Making good and timely decisions that keep the organization moving forward.

  • Business insight - Applying knowledge of business and the marketplace to advance the organization’s goals.

  • Customer focus - Building strong customer relationships and delivering customer-centric solutions.

  • Drives results - Consistently achieving results, even under tough circumstances.

  • Articulating Value Proposition - Interprets internal and external customer needs based on relevant application; explains and demonstrates products, solutions, and services to distinguish strengths and weaknesses to meet customer's specific needs to differentiate against competition.

  • Translating Relevant Market Data - Collects and categorizes customer voices and market information by leveraging appropriate research tools and techniques; analyzes research findings to identify opportunities to deliver customer solutions.

  • Marketing Plan Management - Develops marketing mix recommendations based on the 4 P’s (Product, Price, Promotion, and Placement) to meet customer needs and achieve business objectives; guides and influences cross-functional implementation and creates framework to evaluate market responses and business performance.

  • Maximizing Profitability - Develops strategies that demonstrate the use of all marketing and sales levers (e.g. pricing strategies, promotions, volume-based incentives, and value, feature, or benefit selling) to optimize profit.

  • Positioning For Target Segments - Aggregates appropriate inputs (e.g. customer perceptions, competitor positioning, alternative product capabilities) and determining where we need or want to compete for business within the target market segment.

  • Product Life Cycle Management - Identifies and executes changes to the product portfolio in response to evolving market dynamics and customer needs.

Education, Licenses, Certifications

  • College, university, or equivalent degree in Marketing, Sales, technical or related subject required.

  • This position may require licensing for compliance with export controls or sanctions regulations.

Experience

  • Intermediate level of relevant work experience required.

  • Manage the product life cycle of Diesel Gensets (Below 350KW)

Compensation and Benefits

Base salary rate commensurate with experience. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage and a full complement of personal and professional benefits.

Cummins and E-verify

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization.

Please note that the salary range provided is a good faith estimate on the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate’s qualifications and experience, where appropriate.

Salary Range: ( $74,800 to $112,200 )

Job MARKETING

Primary Location United States-Minnesota-Minneapolis-US, MN, Shoreview, CPG Headquarters Victoria St

Job Type Experienced - Exempt / Office

Recruitment Job Type Exempt - Experienced

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$97k-120k (estimate)

POST DATE

04/14/2024

EXPIRATION DATE

05/01/2024

WEBSITE

cummins.com

HEADQUARTERS

CLINTON TOWNSHIP, MI

SIZE

>50,000

FOUNDED

1919

TYPE

Public

CEO

SUSAN LAKE

REVENUE

$10B - $50B

INDUSTRY

Wholesale

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Cummins designs, manufactures, sells and services engines, filtration, and power generation products.

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The following is the career advancement route for Product Manager positions, which can be used as a reference in future career path planning. As a Product Manager, it can be promoted into senior positions as a Product Manager IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Product Manager. You can explore the career advancement for a Product Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Product Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Product Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Product Manager job description and responsibilities

Product managers provide the expertise needed to lead and make strategic product decisions.

02/22/2022: Saint Petersburg, FL

During the product review, a PM presents an overview of recent launches and any available metrics, upcoming launches, top user needs, and a view of the broader product roadmap.

12/05/2021: Ann Arbor, MI

Supports the development team by prioritizing the product backlog and creating user stories.

11/27/2021: Stockton, CA

When customers particularly enjoy a product, product managers take note.

12/20/2021: Kingsport, TN

Works with the engineering team on core specifications and product functionality.

11/29/2021: Springfield, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Product Manager jobs

Learn Fundamentals of Product Management.

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A General Understanding of Data and “Street Statistics”.

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Be a future visionary and product evangelist.

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An understanding of the user life cycle.

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Desire (and Ability) to Work as a Team.

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Step 3: View the best colleges and universities for Product Manager.

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