Job Description:
Purpose of the Role
The Product Manager will own the strategy, performance, and profitability of assigned product categories throughout the product lifecycle. As the business leader for their portfolio, they will collaborate cross-functionally across Engineering, Operations, Sales, and Finance to optimize portfolio performance and successfully commercialize new products. We’re seeking business-minded professionals who excel at problem-solving, communicate effectively, and thrive in entrepreneurial environments. Success in this role requires strong commercial acumen, cross-functional leadership, and the ability to leverage the ITW Business Model—including 80/20 prioritization and simplification—to drive profitable growth across assigned product categories.
Key Responsibilities
Own the strategy and performance of assigned product categories throughout the product lifecycle. Lead portfolio optimization through product mix management, pricing strategy, SKU rationalization, and capacity planning in partnership with Operations and Engineering to maximize profitable growth.
Own the P&L for assigned product categories and deliver revenue, margin, and profitability objectives through disciplined management of key business metrics, forecasts, and performance indicators.
Maintain a comprehensive understanding of the competitive landscape, product positioning, pricing, and market dynamics for assigned categories. Monitor competitive actions and portfolio performance to identify opportunities for incremental product improvements and portfolio optimization.
Lead the commercialization of new products from development through launch. Partner with cross-functional teams to develop launch plans, demand forecasts, sales tools, channel training, and go-to-market execution to ensure successful market introduction.
Provide input into annual and long-range operating plans, product forecasts, portfolio recommendations and key initiatives to support revenue, margin, and long-term growth objectives. Monitor portfolio performance and recommend actions to improve business results.
Required Qualifications
Bachelor’s Degree required in business, engineering, marketing, or comparable discipline
3+ years of marketing experience
2+ years of product management experience
Ability to analyze financial results
Proficient in Excel, Word and Power Point
The ability to travel is approximately 20%
Preferred Qualifications
MBA or master’s degree
Full product lifecycle management experience
Experience with durable goods
Strong team/project management, communications, and presentation skills
Proven ability to influence cross-functional teams without formal authority
Ability to maintain a keen attention to detail, multitask and work well under pressure
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
This position requires an employee to work in a variety of locations including, but not limited to home office, job sites, lumberyards, and distributor locations. These environments are not controlled by ITW.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit, stand, talk, hear, reach with hands and arms, and regularly required to walk. Must be able to lift 40 lbs., able to walk and stand for long periods of time at customer events, trade shows, and job site locations. Position requires approximately 20% travel and the ability to operate a motor vehicle.
Compensation Information:
This compensation range is provided as a reasonable estimate of the current salary range for this role. Compensation depends on relevant experience and/or education, specific skills, market level, other job-related factors, geographic location, and other factors as applicable by law. As applicable this role will also receive overtime compensation and may be eligible for shift premium compensation.
Pay Range:$89,000-125,000
