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ITW
ITW
Prairie, MN | Full Time
$126k-159k (estimate)
1 Month Ago
Senior Product Manager
ITW
ITW Prairie, MN
$126k-159k (estimate)
Full Time | Durable Manufacturing 1 Month Ago
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ITW is Hiring a Senior Product Manager Near Prairie, MN

Company Description

Smart People. Smart Ideas. Smart Choice.

A thriving environment for learning, innovation and growth.

Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people’s lives. It is a place where you can learn, innovate and grow professionally.

Transforming what’s possible with cars, aircraft, bridges, wind turbines and space-age materials — this is work we dream about as kids. At MTS, it’s a rewarding career path for talented individuals who are willing to work hard, think hard, and commit to solving complex and critical challenges for our customers around the world, many of whom are leaders in their respective industries.

By joining MTS, you’ll have access to the latest tools and technologies, along with the support of colleagues who are passionate about their work. You’ll discover a dynamic culture of continuous improvement that extends to our people, one that offers numerous ways to expand your knowledge and advance your career. And because we are a global company, your work may also include world travel.

Job Description

Seeking a Sr. Product Manager, who has worked in the testing of automotive design. Will have an expertise in product management for incremental growth of product line. This is a cross functional role. 

Manage assigned products to ensure the global success over their entire life cycle. Ensure the products meet market needs now and, in the future, and by maximizing customer satisfaction while achieving the product goals for growth, profitability, quality, and market share, consistent with business unit's objectives and strategies.

Major Areas of Responsibilities:

1. Direct product development strategy making decisions on product development, solutions, aftermarket, and service offerings that meet market needs. Create new product development business cases and justifications. Define key product benefits and value propositions. Lead the cross-functional creation of the annual product development (R&D) and maintenance (CE) plans, proposals, and budgets. Initiate R&D projects and lead these projects in collaboration with assigned engineers through the MTS development process.

2. Define market requirements for the product by obtaining customer input, performing competitive analysis, and determining market pricing. Identify product development targets including market pricing, cost, performance, quality, lead time, serviceability, ability to upgrade, and manufacturability. Set product performance, cost, and lead time targets to meet customer expectations. Collaborate with Engineering to develop technical specifications and estimates. Determine the opportunity and need for patent, copyright and trade name considerations, and coordinate with Engineering, Marketing Services and Legal to protect MTS’ intellectual property.

3. Create and maintain product plans and implement them according to defined product line roadmaps and identified aftermarket strategies over the entire life cycle. Manage product line performance to achieve business objectives of growth and profitability. Manage the trade-offs between product cost, performance, and quality to optimize the financial potential of the product in the marketplace considering customer requirements, time to market, and value. Create and maintain product forecasts. Define expectations and requirements for customer support and customer service. Collaborate with service operations to implement global service strategy for product line.

4. Define product launch strategy and set objectives for product launch. Work with Marketing Services on execution of plans and decisions. Develop and conduct sales readiness training to prepare channel to support new product introduction and meet launch objectives. Measure product launch effectiveness. Define product messaging including target customers and applications, product positioning, and competitive environment. Work with Marketing Services and Subject Matter Experts to create sales tools (brochures, product specifications, bid specs, specific feature descriptions, application briefs and customer testimonials) to support sales opportunities. 

5. Develop and implement pricing for product offerings. Develop promotional pricing strategies. Configure internal pricing tools and systems. Manage pricing to achieve business objectives over the entire life cycle. Monitor product price performance.

6. Respond to and solve customer product problems. Champion customer quality problems. Monitor customer experiences and advocate on their behalf. Identify and document global trends in customer feedback and prioritize action plans. Identify role for key customers in product development and Voice of Customer to engage influential thought leaders and develop relationships.

7. Enable Selling by identifying target markets and customer types to focus their efforts on optimizing return on sales investment. Collaborate with Selling on creation of sales strategy for key pursuits. Support lead generation activities and programs. Develop sales tools and content for outbound marketing efforts. Support Marketing Services on execution of marketing plans.

8. Support strategic planning, market planning and execution. Provide perspective on key market trends to support annual strategic planning activity. Identify alignment of product strategy to market competitive strategy. Support Market Management in creation of market plan and prioritize product investments to match market plan objectives. 

9. Continuously evaluate the competitive landscape to define features/benefits and unique competitive advantages of the assigned products.

10. Participate in technical conferences, society meetings, trade shows and standards meetings to develop insight to into the use of assigned products by the customer base. Submit and present technical papers that help position specific product features of significant importance to the customer base.

11. Participate as a first-tier technical resource in specific sales opportunities as request by sales to improve our probability of winning specific orders.

Qualifications

Minimum Qualifications:

Education: Bachelor's degree or equivalent in engineering or marketing 

Experience:  Minimum 7 years relevant engineering or marketing experience.

Required skills and knowledge: 

  • Thorough knowledge of automotive testing technologies.
  • Knowledge Vehicle Dynamics
  • Experience Automotive Design Testing
  • Voice of Customer Driven
  • Value Proposition Focused
  • Manage Integrated Product Team
  • After Market Strategies
  • Product Launch Strategies

Travel Requirements: Up to 30%, domestic and international

Legally authorized to work in the USA without sponsorship. 

Preferred Qualifications:

Education: MS in engineering or MBA

Additional Information

All your information will be kept confidential according to EEO guidelines.

MTS is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, MTS is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$126k-159k (estimate)

POST DATE

03/22/2023

EXPIRATION DATE

06/05/2023

WEBSITE

allencoding.com

HEADQUARTERS

EGHAM, ENGLAND

SIZE

1,000 - 3,000

TYPE

Private

CEO

STEPHEN JAMES ROWELL

REVENUE

$1B - $3B

INDUSTRY

Durable Manufacturing

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The following is the career advancement route for Senior Product Manager positions, which can be used as a reference in future career path planning. As a Senior 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 Senior Product Manager. You can explore the career advancement for a Senior Product Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Senior 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 Senior Product Manager for your reference.

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

Quotes from people on Senior Product Manager job description and responsibilities

Senior product managers provide guidance to team members, liaise with different departments and supervise every phase of product creation.

02/15/2022: Youngstown, OH

A Senior Product manager must also be very willing and able to communicate across multiple levels within the business.

03/21/2022: Macon, GA

Aligning the product vision, features and design with the preferences of the user.

01/15/2022: Little Rock, AR

They spend most of their time thinking of new strategies, communicating with different stakeholders, keeping the product teams together and reporting everything to the board to justify their roles.

01/12/2022: Albuquerque, NM

Senior product managers are responsible for prioritizing tasks with a defined set of constraints.

02/09/2022: Poughkeepsie, NY

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 Senior Product Manager jobs

A good senior product manager needs a sense of vision and excellent communication skills.

01/18/2022: Laramie, WY

Senior product managers need to have a minimum of a bachelor's degree and some relevant work experience.

01/19/2022: Juneau, AK

The senior product manager may be given more complex or prestigious products to work on.

03/21/2022: Lompoc, CA

The candidate must also have an understanding of common analyses such as product analysis and competitor analysis.

03/29/2022: Manchester, NH

A great product manager spends most of their time understanding what the end-user wants and every decision they take should be driven by those requirements.

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

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