Product Manager

Summary:

This is an exciting Product Management opportunity with a Pump Manufacturer for the right individual to make a meaningful impact on the business. The ideal candidate will have direct experience with pumps and/or processes.

Reporting to the site Director, Product Management, the Product Manager role is a hands-on position that is responsible for providing leadership and direction on product line lifecycle, price and position analysis, and recommendations to Commercial Leadership to maximize market share, profit and revenue across the assigned product portfolio. By performing analysis of market/customer demand, the Product Manager will work closely with the operations and planning teams to ensure the assigned products are meeting both customer and market expectations. In partnership with a cross-functional team, the Product Manager will develop, execute, and manage product strategy & planning for a specified product portfolio. Product Managers possess a blend of business and technical knowledge; a big-picture vision, and the drive to make that vision a reality.

Qualifications/Requirements:

Bachelor’s degree in business, engineering or related field; Master’s degree preferred, with business case development experience and significant global business development experience

Experience:

• Experience at identifying both market and customer-related pain points and track record of translating them into solutions
• Proven track record of understanding technical challenges and translating them into commercial solutions
• Minimum of 5 years of experience in product management, sales, or marketing
• Strong strategic thinking skills with the ability to develop long-term strategic plans and follow-up action plans to execute on these deliverables
• Strong verbal and written communication skills with the ability to influence at all levels of the organization

Knowledge, Skills and Abilities:

• Advanced Microsoft Office Skills (Word, Excel, PowerPoint)
• Channel management and marketing experience
• Outstanding listening and interpersonal skills at all levels of the organization
• Ability to multi-task and perform in a fast pace, dynamic environment
• Ability to stay current on new technologies as they relate to the products under management and the business
• Ability to travel up to 30% of time (domestic and international)

Duties and Responsibilities:

• Develop and execute profitable strategies for assigned portfolio. Develop and maintain through Product Management, a global product portfolio that supports the market and customer penetration objectives of the global sales team. This includes Product pricing and margin maintenance; Life cycle planning for enhancement and obsolescence; Product forecasts, inventory guidance and cost targets.
• Conduct market, industry, and competitive analysis to develop specific value propositions for the assigned portfolio and ensure competitive market alignment.
• Define new product development opportunities and build a robust funnel of prospective new investment projects in both existing and new markets.
• Build business cases for new product ideas through Voice of Customer (VOC) research and establish product specifications and design targets for these new products.

Work Environment:

The environment is both office and manufacturing. The manufacturing environment is subject to moderate changes in temperature and the employee will be exposed to typical hazards of noise, flying debris, and overhead hazards requiring the use of proper PPE (Personal Protective Equipment).

Work Arrangement : Hybrid after completing 90 days

Pay Range: $147,000.00 - $170,000.00 annually

This position is eligible to earn a discretionary bonus based on performance metrics and other criteria outlined in our applicable bonus plan.

We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.

Benefits: Benefits for this position include: a 401(k) savings plan with employer contributions; medical, dental and vision insurance; wellness programs; health savings account, health care and dependent care flexible spending accounts; company paid short-term disability and long-term disability; company paid employee basic life and AD&D insurance; supplemental employee and dependent life insurance; optional accident, hospital indemnity and critical illness insurance; adoption, surrogacy, and fertility benefits and assistance; commuter benefits; parental, military, jury duty, and bereavement leaves of absence; paid time off, including 11 preset and 2 floating paid holidays per calendar year, paid vacation days beginning at 120 hours annually, 40 paid sick leave hours annually or as provided under state and local paid sick leave laws; tuition assistance; business travel services; employee discounts; and an employee assistance program that includes company paid counseling sessions and legal services. Eligibility for benefits is governed by applicable plan documents and policies.