Product Manager

  • 51259
  • 06 Mar 2019
  • Des Plaines, IL
  • Supply Chain
  • $85,000 - $100,000
  • Jonathan Balun

Job Description

Product Manager

Scope:

The Product Manager serves a critical and strategic role by driving the execution of key business development, commercial and NPI (New Product Introduction) programs in the support of global product management and marketing initiatives for the Industrial Distribution channel. The position will be responsible for market research, pricing evaluation and financial analysis, margin improvement activities, new product development, marketing communication materials development with support from marketing communication team; promotion in print and digital environments; product positioning; brand awareness support.

Key responsibilities and duties include:

  • Competitive analysis – understand competitive forces; conduct periodic market evaluations; assist in creating new-product roadmaps based on solid fundamentals for opportunity
  • New product development – develop business cases to support investment in new programs; drive NPI projects to meet schedule milestones and tollgates; collaborate cross-functionally as appropriate to develop commercialization plans
  • Pricing – develop and manage pricing strategies
  • Merchandising – convey attractive promotional materials; proofing advertisements; promotion material content – provide copy, specifications, attributes and other key unique selling features
  • Web – support electronic media with proper placements and positions
  • Identify and drive product enhancements, and support quality improvements and cost reduction opportunities of assigned product lines.
  • Support sales and participate in key industry events and customer meetings through presentations as appropriate to promote the product, services and overall brand
  • Review product advertisements in both print and electronic media to ensure accuracy and favorable appeal of our products.
  • Miscellaneous duties in support of sales and marketing-related objectives

Basic requirements and experience:

Ideal candidate will have understanding of common safety (EHS) products found in MRO industrial and/or laboratory settings.

  • Four-year college or university degree in Marketing, Engineering or Business Management
  • 3-4 Years of experience in Product Management, product support, technical marketing, new product development and related functions within an industrial equipment / manufacturing organization
  • Experience working collaboratively with marketing, sales, manufacturing, finance and supply chain in a cross-functional team environment
  • Professionalism, business acumen – possess insight to larger business goals and objectives and understand how the role fits into overall strategy
  • Ability to prioritize obligations, meet deadlines, and manage multiple responsibilities
  • Ability to think strategically and translate strategy to tangible action plans, with a keen understanding of process efficiency; understanding of product life cycle
  • Technical aptitude – experience working with products where physical characteristics and/or applications are important; ability to understand basic technical literature and drawings
  • Excellent written and verbal communication skills, to include speaking in front of an audience and copy-writing.
  • Proficiency in common software programs, i.e. MS Office suite, e.g., Word, Excel, PowerPoint
  • Team player – flexible, able to adjust to shifting priorities; positive “can-do” attitude
  • Ability to travel up to 20%, both domestic and international