Parker Hannifin

Product Manager- experienced (Aerospace)

Parker Hannifin • $122K — $215K *
Hauppauge, NY 11788In-Person
Aerospace & Defense
8 - 10 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Engineering Technology, or Business; MBA preferred.
  • 8+ years of product management experience in engineering or commercial settings.
  • 6+ years of managerial experience with product portfolios.
  • Proven track record managing product lifecycle from concept to end-of-life.
  • Strong skills in Microsoft Office and Salesforce.
  • Excellent verbal and written communication abilities.
  • Analytical mindset with a knack for multitasking and problem-solving.
  • Willingness to travel up to 25%.

Responsibilities

  • Develop and execute comprehensive product strategies for complex product lines to enhance sales and margins.
  • Lead multi-generational product roadmap development consistent with strategic plans.
  • Engage in the Winovation stage gate process to foster innovative new product development.
  • Define customer requirements and compliance with government standards.
  • Manage entire product life cycles, focusing on product simplification and obsolescence.
  • Create compelling product value propositions and drive successful launches.
  • Conduct market research to assess competition and identify product opportunities.

Benefits

  • Comprehensive medical, dental, and vision coverage with competitive premiums.
  • 401(k) plan with 100% matching contributions up to the first 5%.
  • Defined-contribution retirement plan contributing 3% of pay annually.
  • Career development opportunities and tuition reimbursement.
  • Paid parental leave and short/long-term disability programs.
  • Adoption assistance and Care.com membership at no cost.
  • Paid Time Off and company-paid holidays.
Full Job Description
This is an individual contributor role, on-site at our Fluid Systems Division facility in Hauppauge, NY

Position Summary:

The Product Portfolio Manager I directs a comprehensive product strategy from product conception through the entire life cycle for one or more product lines typically within a single region within a division of a product group. This role is responsible for defining product vision and strategy, owning the product roadmap, discovering and validating user needs, and working cross-functionally to deliver best-in-class products that meet business goals. This role balances customer needs, data-driven decision-making, and strong execution skills to drive product adoption, engagement, and growth.

Accountable for driving sales and margin growth of one or more, mid-size product portfolios, typically in divisions (greater than $250 million in annual sales). This role requires strong leadership, drive and ability to guide and influence externally and internally within a matrixed organization. Actively leads cross functional teams including engineering, supply chain, sales and production to manage entire product life cycle and maintain customer satisfaction and business objectives. Tracks key business performance indicators to identify and execute necessary countermeasures to achieving business/market goals to overcome obstacles or changes in market dynamics.

Essential Job Duties and Responsibilities:
  • Directs a comprehensive strategy for complex / multiple product lines (product, promotion, pricing, and channel) for a defined portfolio of products to drive sales and margin expansion including the following attributes:
    • Leads a multi-generational product roadmap development process in line with division strategic/operating plans
    • Is fully integrated in the Winovation stage gate process to supports innovative concept ideas in formulating new product development processes.
    • Defines customer requirements/needs and government & regulatory standards
    • Collaborated to help shape future state Global Product Platforms
  • Manages the product life cycles of the product portfolio
    • Ownership for Product Simplification portion of POP (Parker Operating Protocol)
    • Product end-of-life cycle (obsolescence)
    • Application of PLS principles to product development & launch
    • Support Simple by Design
    • Participates in the development and implementation of appropriate response strategies. - Develops and leads IME strategies (existing product innovations/modifications/extensions).
    • Develops 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 an assigned product line or multiple product lines
  • Promotes the use of new technologies and industry-leading trends
    • Collaborates with engineering, design, marketing, sales and customer feedback to identify opportunities and validate potential product solutions; May serve as lead on developing potential product solutions
    • Monitors sales and margin results and tracks and recommends appropriate actions.
  • Breaks down competing product lines, market position, and competitive entry threats
    • Conducts market research through trade associations, internet investigation and corporate services.

    • Qualifications:
    • Bachelor's degree, preferably in Engineering, Engineering Technology or Business discipline. MBA desired.
    • Minimum eight (8) years product management experience required engineering or commercial functions in related industry preferred
    • Minimum six (6) years of managerial / leadership experience managing product portfolios
    • Demonstrated experience owning product lifecycle from design concept, validation, launch, and production and end-of-life
    • 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%

    The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.

    Conditions of Employment

    This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

    Pay, Benefits, Work Schedule

    Competitive Compensation
    • Pay Range: $122910 to $215170 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
    Manufacturing & Automotive
    Net Income
    $1.4 billion
    Founded
    1918
    5 Year Trend
    +5.7%
    Revenue
    $13.5 billion
    NASDAQ
    PH
    * Ladders Estimates

    Similar Jobs

    Ad banner background

    Get Ready For Your
    Next Interview

    More Jobs at Parker Hannifin

    More Aerospace & Defense Jobs

    Find similar Product Manager- experienced (Aerospace) jobs:

    NationwideHauppauge, NY