Illinois Tool Works

Product Manager

Illinois Tool Works • $90K — $130K *
Rogers, AR 72756In-Person
Technical Services
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Marketing, or Business; MBA is a plus
  • 5-7 years of product management experience in a technical field
  • Experience with voice-of-customer research and new product innovation
  • Familiarity with industrial, scientific, or instrumentation equipment is a plus
  • Proven ability to lead business growth initiatives and projects
  • Excellent communication skills, both written and verbal
  • Ability to manage multiple projects effectively, prioritize tasks, and meet tight deadlines

Responsibilities

  • Grow the product portfolio through strategic marketing and business initiatives
  • Apply prioritization principles to manage product lifecycle and maximize profitability
  • Conduct market research and translate insights into product decisions
  • Champion customer-driven innovation to identify and pursue new market segments
  • Analyze sales trends, create dashboards, and track reports
  • Lead new product development projects from concept to market launch
  • Collaborate with Marketing on lead generation and product collateral

Benefits

  • Dynamic work environment in cutting-edge imaging technology
  • Opportunity to work directly with customers and influence product direction
  • Engagement in strategic decision-making that impacts company growth
  • Collaboration with cross-functional teams including Sales, Marketing, and Engineering
  • Involvement in innovative product development with a focus on customer needs
Full Job Description
Job Description:

We are seeking a dynamic Product Manager to join our Marketing team at our headquarters in Rogers, MN. In this role, you will own the strategy behind the mission - pushing the boundaries of industrial CT and X-ray inspection technology and giving engineers and manufacturers the ability to spot flaws invisible to the naked eye before they become failures in the field. You will shape the portfolio, translating customer insight into products, and drive the growth that keeps NSI at the leading edge of imaging technology.

This role calls for an entrepreneurial spirit: someone who wants to dig into market data, talk to customers directly, and turn what they learn into pricing decisions, roadmaps, and product launches with major impact.

What You will Do:
  • Profitably grow the product portfolio by developing, implementing, and driving marketing/business strategies and annual growth plans that increase market share and size.
  • Apply structured prioritization and resource-allocation principles (e.g., focusing on the highest-impact products, markets, and customers) to manage the product line lifecycle, lead business growth initiatives, and maximize portfolio profitability and performance.
  • Conduct ongoing market research, competitive analysis, and voice-of-customer (VOC) data collection; translate insights into actionable product decisions: pricing, roadmap priorities, positioning, and go-to-market adjustments.
  • Champion customer-driven innovation and market segmentation to identify, prioritize, and pursue new product opportunities and growth market segments/applications.
  • Analyze and communicate sales trends for given product lines, creating dashboards and tracking reports.
  • Build and maintain an innovation pipeline that supports NSI's business strategies.
  • Lead new product development (NPD) projects using established NPD processes, defining strategic fit, competitive positioning, value proposition, business case development, and go-to-market implementation.
  • Manage a portfolio of products through the development, commercialization, growth, maintenance, and obsolescence stages.
  • Determine product pricing for all global regions based on market research, production/material costs, and anticipated demand; review margins and adjust pricing to maximize operating income.
  • Collaborate with Marketing to develop and execute lead generation programs and campaigns for assigned products.
  • Convey value propositions for assigned product lines to key market segments through industry seminars, advertising, and collateral including brochures, videos, and web content; work with content creators to produce desired materials.
  • Work with Sales to create product sales strategies, sales tools, and playbooks. Facilitate product training for sales enablement.
  • Provide input to Engineering, Service, Scanning, Training, and Sourcing/Supply Chain (including supplier evaluations, key supplier relationship management, and occasional supplier visits) on improvements to in-market products based on quality concerns, customer feedback, and market impact.
  • Ensure product offerings meet applicable industry, quality, and regulatory standards (e.g., NDT/CT imaging certifications, export control requirements) relevant to North Star Imaging's global markets.
  • Other duties as assigned by manager.


What We're Looking For:
  • Bachelor's degree in Engineering, Marketing, or Business. MBA is a plus.
  • 5-7 years of related work experience in a technical field as a product manager, including experience with voice-of-customer research and new product innovation.
  • Previous experience with industrial, scientific, or instrumentation equipment is a plus.
  • Demonstrated ability to effectively lead business growth initiatives and projects.
  • Proven ability to identify and understand market segmentation, develop financial business justifications, and deliver proposals to upper management.
  • Experience championing product development among a multi-functional team.
  • Familiarity with lean, segmentation-based, or similar structured business frameworks is a plus.
  • Excellent written and verbal communication skills.
  • Proven ability to effectively manage priorities and time when overseeing multiple projects of varying magnitude with firm delivery dates.
  • Ability to demonstrate products and train others.
  • Ability to travel up to 15% (domestic and occasional international).


Compensation Information:

Compensation for this position ranges from $90,000 - $130,000 based on education and experience.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Manufacturing & Automotive
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ
ITW
* Ladders Estimates

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