Job Type: Full-time / On-site (4 days in office, 1 from home)
How You'll Make an ImpactAs a
Product Manager you'll be at the forefront of our innovation, driving specialty chemical solutions forward. You'll collaborate with a diverse group of passionate individuals to deliver sustainable solutions to advance mobility, improve wellbeing, and enhance modern life.
The primary responsibility of a Product Manager is to develop and implement comprehensive product line strategies to drive the long-term financial health of the assigned product line. The Industrial Oils Product Manager will own and manage the product life cycle, from ideation to commercialization, and coordinate with cross-functional teams such as OEM, R&D, sales, procurement, supply chain and operations to ensure the overall competitiveness and profitability of the product line.
In this role, you will:Key Accountabilities:- Develop, implement, and manage product line strategies that align with Lubrizol's corporate strategy.
- Ensure volume forecasts are consistent with market trends.
- Price/volume decision making, monitor product margins.
- Monitor product performance and make data-driven decisions to optimize product portfolio, profitability, and market share.
- Assist Commercial organization on contract management with valuable competitive product, pricing and margin analysis.
- Provide inputs for the annual profit plan targets setting (volume, revenue, margin) and lead its execution.
- Pricing gatekeeper, Tier 1 approver.
- Management of assigned product line (s), including:
- Develop pricing strategies that optimize profitability while remaining competitive in the market.
- Lead cross-functional teams in the development, launch, and commercialization of new products and ongoing product support.
- Manage the product lifecycle from ideation to product launch and beyond, ensuring on-time delivery and profitability.
- Collaborate with Operations, Procurement and Supply Chain to manage asset and operational decisions in support of the product line.
Specific Tasks:- Collaborate with R&D to develop new products or improve existing ones to meet customer needs.
- Collaborate with Sales and OEM teams to develop a deep understanding of customer needs, market trends, and competitive landscape to guide product development and positioning.
- Develop product positioning, value proposition and messaging to differentiate the product line from competitors.
- Support implementation of marketing plans to generate awareness and demand for the products.
- Collaborate with sales teams to provide training and resources to effectively sell the product line.
- Monitor performance, make data-driven decisions to optimize the product portfolio and profitability.
- Drive product success and profitability, ensuring the product line meets the needs of target customers.
Required Qualifications that Enable Your SuccessA strong product manager should be a well-rounded individual with a combination of technical, market, and business skills, as well as strong communication and leadership abilities.
- Bachelor's degree in Chemistry, Chemical Engineering, Mechanical Engineering, Marketing or related field; MBA is a plus.
- Minimum of 5+ years of (ideally multi-functional) experience within the specialty chemicals industry, lubricant market experience a plus.
- Strong background in specialty chemicals, and understanding of product development processes
- Business Acumen: Strong understanding of the financial aspects of the product line, including pricing, margins, and profitability. Ability to make sound business decisions based on financial analysis.
- Leadership and Collaboration: Ability to lead, motivate and collaborate effectively with cross-functional teams, including R&D, operations, sales, and marketing.
- Communication Skills: Strong written and verbal communication skills to effectively interact with a variety of stakeholders, including customers, internal teams, and senior leadership.
- Market Understanding: Strong understanding of the relevant markets, including customer needs, competitor analysis, and market trends.
- Technical Knowledge: Good understanding of the technical aspects of the products they are managing, including chemical composition, applications, and manufacturing processes.
- Analytical Skills: Ability to analyze and interpret market and financial data and use it to make informed decisions, including tracking and analyzing product performance metrics and market trends.
Key Metrics:- Profitability of the Product Line
- Return on Invested Capital (ROIC)
- Time-to-Market
- Customer Satisfaction
- Market Share
Your Work EnvironmentAt Lubrizol, we're committed to providing a safe, inclusive, and empowering environment where you can do your best work-whether in a lab, on the production floor, or in a hybrid office setting. Depending on your role, your work environment may include:
- Standing, walking, or operating equipment for extended periods
- Working in a lab or manufacturing setting with appropriate PPE provided
- Use of computers and digital tools in an office or hybrid environment
- Occasional lifting or movement of materials
- Adherence to rigorous safety protocols and ergonomic standards
We continuously invest in our facilities and technologies to ensure they support your well-being, productivity, and growth. If you require reasonable accommodation, we are committed to working with you to ensure an inclusive and accessible experience.
Benefits that Empower You- Competitive salary with performance-based bonus plans
- 401(k) match + Age-Weighted Defined Contribution
- Comprehensive medical, dental & vision coverage
- Health Savings Account (HSA)
- Paid holidays, vacation, and parental leave
- Flexible work environment
- Learning and development opportunities
- Career and professional growth
- Inclusive culture and vibrant community engagement
Learn more at benefits.lubrizol.com!
