What are the responsibilities and job description for the Industry Product Manager position at Precision Inc?
Job Title: Industry Product Manager Division: Precision Pulley & Idler (PPI)
FLSA: Exempt Grade: N/A
Job Status: Full Time Travel Required: 0-40%
Revision Date: May 2026 Reports To: Director of Field Engineering
PURPOSE OF POSITION
The Product Manager develops and executes product strategy, manages the full product lifecycle, and drives the growth, profitability, and competitiveness of the assigned product category. This role turns customer and market insights into strategic priorities, leads cross-functional product planning and execution, and aligns business goals with customer needs and operational capabilities.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The duties listed below are typical for this role and are not intended to be all-inclusive. Additional responsibilities may be assigned as needed.
More specifically, the employee owner will:
- Product Marketing Strategy & Roadmap: Develop and execute a product strategy aligned with company goals and market needs by analyzing customer trends, identifying new opportunities, and prioritizing product features and benefits.
- Market Research: Conduct research to understand customer needs, market trends, and competitive activity, and use those insights to guide product decisions.
- Product Development: Partner with R&D, Manufacturing and Engineering to develop product concepts, specifications, and design plans, and support business cases for new programs.
- Project Management: Lead product development and promotion initiatives by setting timelines, coordinating resources, and keeping projects on track.
- Quality Assurance: Work with quality teams to ensure products meet established quality standards.
- Production Planning: Lead forecasting for new and existing products, coordinate with manufacturing, and improve production efficiency and cost-effectiveness.
- Cross-Functional Collaboration: Partner with Sales, Manufacturing, Supply Chain, and Engineering to support successful product launches, including pricing, promotion, inventory, and distribution plans.
- Product Promotion: Plan and execute product launches and promotional efforts, including marketing campaigns, sales training, customer support initiatives, and participation in industry associations.
- Performance Monitoring: Track product performance, gather customer feedback, and make adjustments to support sales and profitability goals. Manage pricing levels through the product lifecycle, ensuring growth and profitability as products mature.
- Additional Responsibilities: Complete related assignments in other areas as needed.
- Attendance: Maintain regular and consistent attendance.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
- Proven experience in product management, preferably in a manufacturing or industrial setting.
- Strong project management skills with a track record of successfully launching products on time and within budget.
- Excellent communication and leadership skills to work effectively with cross-functional teams.
- In-depth knowledge of manufacturing processes, quality control and product development.
- Analytical mindset with the ability to analyze market data and make data-driven decisions.
- Proficient in PowerPoint, Excel and other business-related software
- Ability to travel as needed.
- Engage in regular, consistent attendance.
EDUCATION – EXPERIENCE – COMPUTER SKILLS
- Bachelor’s degree (B.A.) in business, engineering or related field from a four-year college or university and/or
- Five to eight years’ related experience and/or training;
- Or equivalent combination of education or experience.
TRAINING – CERTIFICATIONS – LICENSES
COMPETENCIES
To perform this position successfully, an individual should demonstrate the following work competencies:
- Safety and Security - Observes safety and security procedures; Uses equipment properly.
- Problem Solving - Identifies and resolves issues in a timely manner.
- Communication Skills – Communicates clearly, listens attentively, seeks clarification when needed, and responds effectively to questions.
- Dependability - Follows instructions, responds appropriately to management direction, and takes ownership of responsibilities.
- Quality Assurance - Maintains high standards of accuracy and thoroughness.
- Ethics/Professionalism - Treats others with respect and acts with professionalism and integrity.
- Organizational Support - Adheres to organizational policies and procedures.
- Judgment - Demonstrates sound, accurate judgment.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit. The employee is frequently required to use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to stand, walk, reach with hands and arms, stoop, kneel, crouch, or crawl, lift and or move up to 50 pounds, repetitively use right hand for simple/light grasping, repetitively use left hand for simple/light grasping, repetitively use right hand for firm/heavy grasping, repetitively use left hand for firm/heavy grasping, repetitively use right hand for fine dexterity, and repetitively use left hand for fine dexterity. Specific vision abilities include close, distance, color and peripheral vision, and the ability to adjust focus. Specific hearing abilities required by this job include the ability to hear customers and the ability to hear instructions from others.
ENVIRONMENTAL ADAPTABILITY
- While performing the duties of this job, the employee is in an office and training center setting.
- The noise level in the work environment is usually MODERATE.
- Employees are occasionally exposed to work near moving mechanical parts.
- Steel-toed shoes, safety glasses, and ear plugs are required in production areas and where posted.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Precision Inc. is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act, the employer will provide reasonable accommodations to qualified individuals with disabilities and encourage prospective and current employee owners to discuss potential accommodations with Precision, Inc.