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Sr. Product Manager - Power Equipment
Multiquip Cypress, CA
$136k-168k (estimate)
Full Time | Wholesale 3 Weeks Ago
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Multiquip is Hiring a Sr. Product Manager - Power Equipment Near Cypress, CA

Overview

Why Work At Multiquip?

 Multiquip Inc has been in business for 50 years, with our parent company ITOCHU International Inc. ranks 71 out of the Fortune Global 500 companies to work for. We are one of the largest, diversified manufacturers and suppliers of excellent quality products. Multiquip’s comprehensive product portfolio includes light to medium construction equipment, power generators, and lighting. Join our team as a Senior Product Manager! 

The Senior Product Manager oversees strategic direction of the company’s Power Equipment model range. This high visibility role requires a strong partnership with engineering, sales, marketing, business development, and other cross-functional teams. It is also responsible for leading the company’s efforts in identifying opportunities for growth in alternative fuels and renewable energy. The individual plans, organizes, and controls assigned products from conceptual stages through its entire life cycle to optimize profit and meet marketing, sales, financial, and corporate growth objectives. The role requires a subject matter expert in a highly competitive environment That understands existing internal capabilities and is capable of developing a long-term vision and identifying potential new opportunities.

Responsibilities

  • Responsibilities will include identifying gaps & strategic opportunities within our existing categories.
  • Maintains high level of understanding of the product, marketplace, competitive landscape and evolving customer preferences and to contribute to the transformation efforts of our existing product lines to ECO friendly offerings.
  • Develops comprehensive strategies aligned with our clients’ net-zero goals and enables the company to progress towards ESG compliance.
  • Develops and maintains strategies and proactively manages product lifecycle.
  • Manages product category strategy and P&L to achieve established revenue, margin and profit goals.
  • Develops and implements product roadmap supported through voice of customer and market research.
  • Monitors market position of products through regular competitive review.
  • Works with Engineering, Operations and Strategic Sourcing to identify and execute value engineering initiatives and consider make vs. buy recommendations, to maintain market competitiveness.
  • Helps identify new product opportunities and conducts product line analysis to support resource allocation.
  • Understands customer needs and ensures that products deliver economic value while achieving cost and profitability targets.
  • Supports internal teams in establishing pricing strategy of assigned products, ensuring that financial targets including sales volume and margins are monitored and achieved.
  • Assists the technical publications department as necessary in creating and verifying content for operations manuals, instructions sheets and service bulletins.
  • Provides product and application training for internal and external customers on an ongoing basis in conjunction with other product mangers.
  • Assists salespeople in the promotion, education and sales of assigned products to channel partners and end users.
  • Act as supplier liaison to develop, test, analyze, promote and establish market penetration of assigned products throughout the Company’s sales and marketing organizations
  • Communicates market position and product development requests with suppliers regularly to ensure the company is able to maintain its competitive advantage.
  • Works with suppliers to ensure acceptable quality, conformance and support to include communicating product issues and product improvement requests through established formats.
  • Communicates product updates and improvements to management, applicable company employees, channel partners and customers.
  • Monitor warranty activity for assigned products and ensure all technical and/or compliance issues are resolved.
  • Must have the ability to travel domestically and internationally as necessary for industry events, supplier visits and customer meetings.
  • Performs other duties that may be assigned.

Qualifications

  • Bachelor’s degree (B.A/B.S.) in Chemical/Electrical Engineering, Business Administration, Chemistry or related field.
  • 5 years of relevant experience in product management, product development, business development, or product operations
  • Experience within the Electricity, Energy, Utilities or Alternative Fuel sectors is a plus.
  • Experience in the equipment industry is a plus but not required.
  • Proficient in use of MS Office Suite
  • Experience using data visualization tools such as Tableau, Microsoft Power BI, etc.
  • Excellent interpersonal, verbal, and written communication skills, with the ability to establish and maintain positive and effective working relationships.
  • Self-motivated with the desire to consistently improve performance and gain further knowledge.
  • Ability to meet deadlines, learn quickly and demonstrate effective problem solving and follow-up skills
  • Comply with company policies and procedure
  • Experience in building and managing a team
  • Strong presentation, oral, and written communication skills.
  • Strong Analytical skills – able to quickly identify trends, opportunities, and business solutions
  • Experience working in SAP a plus

Physical Requirements:

The physical demand described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, and sit. The employee is occasionally required to use hands, to finger, handle or feel, reach with hands and arms, stoop, kneel or crouch. The employee must occasionally lift and/or move up to 50 pounds.

Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception and ability to adjust focus.

Compensation and Benefits

Compensation and Benefits:

  • Base pay range of $115,000-$135,000/year 
  • Start at 4 weeks of Paid Time Off (PTO) per year
  • 11 Paid Holidays
  • Volunteer Time Off 
  • Affordable Medical Plans; HMO & PPO plan options
  • Vision & Dental plans (including orthodontic coverage)
  • Company paid Life, AD&D, and long-term disability Insurance
  • 401(k) plan including discretionary Company Match
  • Tuition Reimbursement up to $5,250 a year
  • MetLife Hyatt Legal plans
  • Employee Assistance Program

Multiquip provides competitive pay and benefits and supports our employees through our values of safety, integrity and respect.

Employment is subject to pre-employment physical, drug-screening and background investigation. E-Verify (www.dhs.gov/E-Verify) is used to verify a candidates’ legal right to work in the U.S.

Multiquip Inc. is proud to be an Equal Opportunity Employer. All qualified applicants will received consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected class.

The information available below link is provided in good faith to comply with the Machine-Readable Files (MRF) provision of the Transparency in Coverage Final Rule (TCFR). These files are extensive collections of data to be ingested and read by machines and are not intended for member use. 

Access files: https://web.healthsparq.com/healthsparq/public/#/one/insurerCode=BSCA_I&brandCode=BSCA/machine-readable-transparency-in-coverage

To learn more about the TCFR and the MRF provision, refer to this Centers for Medicare & Medicaid Services page.

Data Privacy and Collection Notice (multiquip.com)

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$136k-168k (estimate)

POST DATE

04/07/2024

EXPIRATION DATE

04/05/2025

WEBSITE

multiquip.com

HEADQUARTERS

CYPRESS, CA

SIZE

200 - 500

FOUNDED

1973

CEO

ROBERT J GRAYDON

REVENUE

$200M - $500M

INDUSTRY

Wholesale

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About Multiquip

Multiquip is a diverse manufacturer and supplier of world class industrial solutions. We are committed to producing high quality, reliable products and exceptional customer service. Founded in 1973, Multiquip has grown to become of the largest, most diversified manufacturers and suppliers of world class products and solutions for the construction, industrial, telecom, government, military/aerospace, municipalities/federal, entertainment, and oil/gas exploration markets. Multiquip's comprehensive product portfolio encompasses light to medium construction equipment, power generators and lighting... equipment. With distribution partners in Asia, United Kingdom, Latin America and Europe, Multiquip has worldwide reach. We distribute products to more than 70 countries throughout thousands of authorized distribution partners. More
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