Primary FunctionThe Product Manager is responsible for the product planning and execution for assigned products throughout the lifecycle, including: gathering and prioritizing product and customer requirements, defining the product vision, and working closely with engineering, sales, marketing and support to ensure revenue and customer satisfaction goals are met.
Responsibilities- Manage assigned product life cycle from concept through development, introduction, cost optimization and obsolescence.
- Conduct market research by ongoing visits to retail and wholesale customers, sales groups, job sites, contractors, service agents and trade shows
- Drive specifications and solutions across cross-functional development teams through to implementation.
- Conduct competitive studies to identify product strengths and weaknesses
- Innovator
- Extend core product lines and increase profitability
- Identify and terminate products that are no longer needed
- Develop new products
- Identify the need for and conduct research to determine future products or services
- Business Partner
- Educate Marketing Communications/outside agencies and serve as SME in development of the go-to-market strategy
- Work within Product Engineering's Stage Gate process and develop Multi-Generational Product Plans (MGPPs) for their products
- With Finance, develop business plan/case for products including sales forecasts, target pricing, and cost targets
- Help profitably grow market share by providing Sales with extensive product information, competitive information and appropriate training
- Keep Customer Service up-to-date on new products and requirements affecting the order entry process
- Provide Distribution with relevant information to move products through our system efficiently and in good condition
- Ensure service training and support materials are developed, available, and distributed to the Service group at time of launch; gather information on products in the field that can be used for improvements or to identify quality concerns before they become major issues
- Collaborate with Procurement on new component options, volume forecasts and cost reduction opportunities
- Other responsibilities may be assigned as needed.
Qualifications- Bachelor's degree, preferably in business or a related field
- 3+ years of related experience
ADDITIONAL QUALIFICATIONS:
- Prior experience in plumbing, HVAC, or a related field, in retail and/or wholesale channels
- Core competencies include analytical ability & problem solving, strong verbal & written communication, technical aptitude, portfolio management, and working knowledge of Microsoft Office
- Successful track record of adding profitability to a product line using data and consumer insights
- Strong interpersonal skills and decision-making ability
- Effective and professional communication and organization skills.
- Superior negotiation skills
We OfferCompetitive compensation package and comprehensive benefits plans which include medical and dental insurance, company-sponsored life insurance, retirement security savings plan, short- and long-term disability programs and tuition assistance.
#LI-AO
#LI-Hyrbrid
#Appcast
