Demo

Product Research & Strategy Analyst

mcmastercarr
Chicago, IL Full Time
POSTED ON 3/23/2026
AVAILABLE BEFORE 4/23/2026

We are currently seeking a Product Research & Strategy Analyst to research products and suppliers to identify product additions and merchandising changes that support our product strategy. This analyst will work alongside other teammates and have no direct reports. This role is based out of our Elmhurst, Illinois location, with limited travel required by occasional visits to trade shows and/or suppliers.

Responsibilities could include:

  • Conducting product research, including leading supplier conversations
  • Making product addition recommendations tied to our customers and product strategy
  • Describing the product specifications and benefits that support product additions

A bachelor's degree is required for this role.

What We Look For

A bachelor’s degree and technical proficiency in Microsoft Suite is required. Strong candidates should possess strong critical thinking and basic project management skills, along with research ability. We also value experience with or interest in learning about products, including understanding how they work and their mechanical details. Nice to have: Technical skills demonstrating an interest in the physical world (e.g. machining, 3D printing, woodworking, etc.).

Cash Compensation

Total cash compensation ranges from $143,500 - $165,500, which includes annual cash profit sharing based on company profitability.

Benefits

We offer comprehensive benefits to support employees and their dependents, such as:

  • 100% tuition reimbursement
  • Medical, dental, pharmacy, and vision plans with no monthly premiums
  • Industry-leading company-funded retirement accounts
  • Employee resource groups
  • Inclusive, all-gender benefits
  • First-time home buyer assistance
  • Paid parental leave for all new parents
  • Adoption and surrogacy assistance
  • Paid time off for vacation and personal time

Who We Are

At McMaster-Carr we help customers build anything because we offer everything – we stock and distribute more than half a million products. We focus on creating visual and informative product merchandising, building our own systems and technology in-house, and improving operationally to create exceptional customer experiences around the globe. As we look to the future, we apply experimentation and innovation to the lessons learned since our start in 1901. Our success continues with the ideas and commitment of the bright and ambitious people that differentiate McMaster-Carr.

 

 

Equal Opportunity Employer

We are proud to be an Equal Opportunity Employer and dedicated to providing employees a workplace with reasonable accommodations and free of discrimination, harassment, and retaliation. At McMaster-Carr, we do not make employment decisions based on age, ethnicity, citizenship status, military status, gender identity and expression, race, religion, disability status, marital status, sexual orientation, or any other legally protected group.

This position is not eligible for work authorization sponsorship by McMaster-Carr.

Data We Collect

We may collect professional, education and employment-related data, and any assessments made throughout the recruiting process, to evaluate candidacy for employment. To communicate with job applicants, we may collect applicant names, contact information, and other personal identifiers, including those outlined in the California customer records statute. Through voluntary disclosure, we may also collect protected classifications under federal or California law (e.g., race, gender, etc.). For additional details about the personal information we collect and its uses, please click here.

Salary : $143,500 - $165,500

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at mcmastercarr

  • mcmastercarr Chicago, IL
  • - Equal Opportunity Employer We are proud to be an Equal Opportunity Employer and dedicated to providing employees a workplace with reasonable accommodatio... more
  • 11 Days Ago

  • mcmastercarr Chicago, IL
  • What You’ll Do Create and refine high-quality images for web and print, ensuring photorealistic accuracy and consistency across our catalog. Navigate workf... more
  • 13 Days Ago

  • mcmastercarr Elmhurst, IL
  • What You’ll Do You’ll be part of a talented team supporting our distribution center and office facilities. You’ll utilize both mechanical and electrical sk... more
  • 14 Days Ago

  • mcmastercarr Chicago, IL
  • We are currently seeking a Publishing Analyst to contribute to the exciting changes we’re making to our publications and products. We are looking for broad... more
  • 14 Days Ago


Not the job you're looking for? Here are some other Product Research & Strategy Analyst jobs in the Chicago, IL area that may be a better fit.

  • McMaster-Carr Elmhurst, IL
  • We are currently seeking a Product Research & Strategy Analyst to research products and suppliers to identify product additions and merchandising changes t... more
  • 1 Month Ago

  • Product Ventures Chicago, IL
  • Reports to: CEO Department: Sales & Marketing PV&COHO is a forward-thinking, design-driven agency where strategy, creativity, and ambition unite to fuel gr... more
  • 11 Days Ago

AI Assistant is available now!

Feel free to start your new journey!