McGrath RentCorp

Product Manager

McGrath RentCorp$90K — $120K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 5-8 years equivalent experience required
  • Action-oriented and energetic, particularly for challenging tasks
  • Proven track record of exceeding goals and consistently performing at a high level
  • Strong functional and technical knowledge necessary for success
  • Ability to make informed decisions based on analysis and judgment
  • Comfortable dealing with complex concepts and challenges
  • Skilled at problem-solving with rigorous logic and thorough analysis
  • Excellent at anticipating future trends based on wide-ranging knowledge.
  • Adaptable to change and able to act without complete information
  • Calm under pressure, maintaining composure in challenging situations
  • Negotiation skills in complex scenarios with various stakeholders
  • Dedicated to fulfilling the needs of both internal and external customers

Responsibilities

  • Serve as the primary contact for vendors
  • Participate in vendor presentations and customer briefings to enhance product knowledge
  • Engage with equipment manufacturers to stay current with market trends
  • Manage inventory levels according to market dynamics and company goals
  • Analyze market data to optimize rental inventory stocking
  • Assess and track equipment exposure for maximizing value
  • Collaborate with the sales team on creative product and financial solutions
  • Issue purchase orders while negotiating for the best equipment acquisition costs
  • Provide accurate product information to marketing for go-to-market strategies
  • Maintain product descriptions in inventory and web content management systems
  • Train sales team on product knowledge and applications
  • Adapting to additional duties as assigned

Benefits

  • Hybrid work model after training
  • Flexibility regarding evolving responsibilities
  • Opportunity for travel to meet with vendors and attend trade shows
Full Job Description
The specific pay rate and level will depend on the successful candidate's qualifications, prior experience and location.

"A Day in the Life"

As the Product Manager, you will be an integral part of sales, marketing, and inventory

management for the organization. This role provides analysis and market trend information to help determine appropriate inventory levels to meet customer needs and requests. Incumbents work both internally with sales and externally with vendors to maintain knowledge of the market, industry, and product offerings.

"What You'll Do"

  • Primary point of contact for our vendors.
  • Participate in vendor presentations, seminars, and customer briefings to continually update knowledge of products and to strengthen relationships with vendors
  • Work with equipment manufacturers, become fully immersed in the markets that drive changes in technologies
  • Maintain appropriate inventory levels of inventory based on market dynamics and organizational goals
  • Analyze historical inventory data, market trends and information from a variety of sources to identify models to stock in our rental inventory
  • Assess and track equipment exposure and optimize inventory to obtain maximum value for equipment
  • Interact with the sales team to develop and propose creative product and financial alternatives to satisfy customers' needs
  • Issue purchase orders after negotiating with vendors to achieve the lowest possible equipment acquisition cost
  • Provide the marketing team with accurate product information to support our various go-to-market strategies
  • Maintain accurate product descriptions in our proprietary inventory management system and in our web content management system
  • Provide appropriate training and tools to the sales team to support product knowledge and application awareness
  • Perform other duties as assigned


"Must Haves"

  • Bachelor's degree or 5-8 years equivalent experience required
  • Hard working, action oriented, and full of energy for challenging tasks
  • Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers
  • Functional and technical knowledge and skills to do the job at a high level; can learn new skills, new industries, company product or technical knowledge
  • Makes good decisions based upon a mixture of analysis, wisdom, experience and judgment
  • Deals with concepts and complexity comfortably; described as intellectually sharp, capable and agile
  • Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems
  • Excellent at honest analysis; looks beyond the obvious and doesn't stop at the first answers
  • Looks towards the broadest view of an issue or challenge; sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective
  • Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture
  • Cool under pressure; does not become defensive or irritated when times are tough
  • Skillful at negotiating in tough situations with both internal and external groups
  • Adheres to an appropriate (for the setting) and effective set of core values and beliefs during both good and bad times; acts in line with those values
  • Dedicated to meeting expectations and requirements of internal and external customers
  • Uses time effectively and efficiently; values time; concentrates efforts on the more important priorities


Special Considerations:

  • Some travel required to meet with vendors, local and non-local
  • Some travel required for trade show activity


Location of Position:

Near DFW Airport - Dallas, TX - Hybrid office and remote after training

Flexibility & Evolving Responsibilities

This job posting is intended to convey the general nature and level of work expected in the role. It is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee. Responsibilities may evolve over time, and team members may be asked to take on additional tasks or adjust their focus in response to changing business needs-sometimes with or without prior notice. This flexibility is a valued part of our culture and supports our commitment to collaboration, agility, and shared success.

#TRS

About McGrath RentCorp

McGrath RentCorp is a diversified business-to-business rental company that rents and sells relocatable modular buildings, storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The Company operates through four business segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. Mobile Modular rents and sells modular buildings to fulfill customers' temporary and permanent classroom and office space needs in California, Texas, Florida, and the Mid-Atlantic from Washington D.C. to Georgia. TRS-RenTelco rents and sells electronic test equipment and is one of the leading rental providers of general purpose and communications test equipment in North America. Adler Tanks rents and sells containment solutions for hazardous and nonhazardous liquids and solids with operations serving key markets throughout the United States. Enviroplex designs and manufactures modular classrooms for public and private schools in California.
Learn more about McGrath RentCorp
Size
1,184 employees
Market Cap
$2.3 billion
Industry
Net Income
$101.9 million
5 Year Trend
+7.8%
Revenue
$572.5 million
NASDAQ

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