Parker Hannifin

Product Line Manager II

Parker Hannifin$97K — $171K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Technology, or Business (MBA preferred)
  • 6+ years of product management experience
  • 4+ years of managerial or leadership experience in product management
  • Proficient in Microsoft Office and Salesforce
  • Strong verbal and written communication skills
  • Excellent analytical capabilities
  • Ability to manage multiple priorities and solve problems effectively
  • Willingness to travel up to 25%

Responsibilities

  • Direct product line strategy for the Compressed Air & Gas Treatment portfolio
  • Develop and manage product portfolio strategy aligned with business goals
  • Oversee Product Life Cycle Management including complexity analysis
  • Create compelling product value propositions and manage launches
  • Conduct market research and support customer segmentation
  • Monitor competitive landscape and product positioning
  • Attend customer visits and industry events to enhance market presence
  • Mentor and develop talent within the product management team

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401(k) plan with company match of 100% for the first 5% of pay
  • Defined-contribution retirement plan with annual 3% contribution
  • Career development opportunities and tuition reimbursement
  • Paid parental leave and disability programs
  • Adoption assistance and financial planning services at no cost
  • Supplemental programs for legal and identity protection
  • Paid time off and company-paid holidays
Full Job Description
Position Summary

The Product Line Manager will lead & develop the product strategy and executable product roadmaps to deliver sustainable growth and margin expansion for the Compressed Air & Gas Treatment product portfolio, including compressed air & gas filtration, compressed air dehumidification, industrial nitrogen gas generation, and lab gas generation.

Responsibilities

Directs a focused strategy for multiple product lines (product, promotion, pricing, and channel) for the Compressed Air & Gas Treatment portfolio. This role requires strong leadership, drive and ability to guide and influence externally and internally within a matrixed organization. Actively participate with cross functional teams including engineering, supply chain, sales and production to manage entire product life cycle and maintain customer satisfaction and business objectives. Track key business performance indicators to identify and execute necessary countermeasure to achieving business/market goals to overcome obstacles or changes in market dynamics.

EssentialFunctions:
  • Responsible for leading multiple product line (product, promotion, pricing, and channel) for the Compressed Air & Gas Treatment portfolio of products to drive sales and margin expansion
    • Monitors sales and margin results and tracks and recommends appropriate actions
  • Develop and manage the product portfolio strategy
    • Lead the multi-generational product roadmap development process in line with division strategic plans
    • Is fully integrated in the Winovation stage gate process to supports innovative concept ideas in formulating new product development processes. Defining customer requirements/needs and government & regulatory standards
    • Support Global Product Platforms
  • Ownership of the Product Life Cycle Management of the product portfolio
    • Complexity analysis & reduction
    • Manage product end-of-life cycle
    • Apply POP (Parker Operating Principle)
    • Support Simple by Design
    • Participates in the development and implementation of appropriate response strategies. - Develops and leads IME strategies (existing product innovations/modifications/extensions).
  • Develop product value propositions and be accountable for new product launches
    • Investigates market needs for innovative products and works with Engineering to appropriately prioritize product development efforts for the product line.
  • Support Customer Segmentation
    • Conducts market research through trade associations, internet investigation and corporate services.
  • Monitors competitors' position, action and products
  • Maintain product literature, catalogs, technical bulletins, etc.
    • Manage competitive Cross-Over
  • Attend customer visits, sales conferences, trade shows, as required.
  • Attract, develop, & retain talent within the product manager function
Qualifications

Qualifications:
  • Four-year degree, preferably in Engineering, Engineering Technology or Business discipline. MBA desired
  • Minimum Six (6) years product management experience required
  • Minimum Four (4) years of managerial / leadership experience managing product
  • Strong computer skills (Microsoft Office Applications, Salesforce)
  • Strong verbal and written communication skills
  • Strong analytical skills
  • Demonstrated ability to organize and manage multiple priorities using effective problem solving / resolution skills and a team focus
  • Travel up to 25%
Key Performance Indicators (KPI):
  • Sales and Gross Margin/Net Manufacturing Margin for product portfolio
  • Product Portfolio Complexity & Simplification
  • Simple by Design Savings / Product Cost Out
  • Aged and Obsolete Inventory for product portfolio
  • New Product Launch Performance to Business Case
  • Sale Price Index (SPI) - mature / End of life (EOL) products
  • Product Vital index
Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $97750 to $171150 annually
  • Participation in Annual Incentive Program
Benefit & Retirement Plans

Parker offers competitive benefit programs, including:
  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.

About Parker Hannifin

Parker Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets. They are also demonstrating how their interconnected portfolio of motion and control technologies is critical to enabling a cleaner and sustainable world.

Parker Hannifin Careers

Join the vibrant team at Parker Hannifin, a global leader in motion and control technologies, and be part of a company known for its innovative approach and commitment to excellence. At Parker Hannifin, we offer a wide range of job opportunities that allow professionals to advance their careers in an environment that fosters growth, leadership, and diversity.

Work You’ll Do

At Parker Hannifin, every position contributes to our mission of solving the world’s greatest engineering challenges. Our team is composed of highly skilled professionals dedicated to pushing the boundaries of technology and innovation. Whether you are looking for a full-time position, an internship, or a leadership role, Parker Hannifin has a place for you.

Innovate and Lead

Embrace the opportunity to lead projects that redefine industry standards. Parker Hannifin is at the forefront of technological innovation, and our employees are the driving force behind our success. With a culture that values diversity and creative problem-solving, you will work alongside some of the brightest minds in the industry.

Grow Your Career

Parker Hannifin is committed to the professional growth of our employees. With comprehensive training programs and a focus on career development, we ensure that our team members have the resources they need to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Be Part of a Great Team

Our team at Parker Hannifin is our greatest asset. We pride ourselves on a culture that promotes teamwork, respect, and collaboration. With a global network of professionals, the opportunities for networking and cross-functional collaboration are vast. Join us and be part of a team that is making a difference in the world.

Benefits and Culture

Parker Hannifin offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From health insurance to retirement plans, we provide the benefits that help you live a healthier and more secure life. Our inclusive culture encourages involvement and offers various channels for employees to express their ideas and insights.

Explore Job Opportunities

Are you ready to take the next step in your career? Explore the exciting job opportunities at Parker Hannifin. From engineering to marketing, and from sales to customer service, we have positions that match a wide range of skills and interests. - **Search Parker Hannifin Jobs**: Find open positions that align with your skills and career goals. We are continuously hiring and looking for new talent to join our dynamic team. - **Prepare Your Application**: Tailor your resume and prepare for your interview with us. Show us how your experience and skills make you the perfect fit for Parker Hannifin. - **Internship Programs**: Gain hands-on experience and build your professional network through our internship programs. These opportunities are designed to give you a solid foundation in your chosen field.

Stay Connected

- **Join Our Team**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Career Development**: Engage in ongoing learning and development programs to enhance your skills and boost your career prospects. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Parker Hannifin. At Parker Hannifin, we are not just offering jobs; we are offering careers that make a global impact. Join us and be part of a legacy of leadership, innovation, and diversity.
Learn more about Parker Hannifin
Size
54,640 employees
Market Cap
$37.5 billion
Industry
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ

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