Product Manager
Product Manager
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Salary Not Disclosed
1 Vacancy
Job Description
As the Product Manager III you will be responsible for managing product lines throughout the entire product life cycle by interacting with all functional areas to implement tactical strategies for profitable growth. This position manages and develops products by identifying potential products; conducting market research; leading VOC efforts; generating PRDs/MRDs; determining specifications production timetables pricing timeintegrated plans for product introduction; developing marketing strategies including messaging & positioning; commercialization; postlaunch analytics and connection/translation of the digital/nondigital customer experience.
The Specialty Components Group is a fastpaced entrepreneurial unit consisting of multiple brands each with unique gotomarket strategies. Product Managers hold key positions in the organization with the ability to influence major stakeholders in the business (Sales Engineering Operations Finance and Business Leaders) by understanding markets competitors customer needsproduct and applications expertise.
Responsibilities
Manage the entire life cycle of the defined product line within the business from strategic planning product definition tactical launch and end of life activities
Perform 80/20 analysis on products customers and markets to identify opportunities for focus and growth
Direct the implementation of the global product line strategic plan to prioritize and maximize company and product line profitability and investments
Develop & implements product line simplification strategies to maximize standard profit
Develops product pricing strategies and manages the daily activities of the assigned team to drive maximum profit and sales
Determines customers needs and desires by specifying the research needed to obtain market information
Assesses market competition by comparing the companys product to competitors products.
Drives the most complex and/high value products into the market at maximum profit and sales
Prepares and coaches sales team on product application information product initiatives and profitability equations
Serves as a resource and partner with Sales during longterm contract negotiations
Recommends the nature and scope of present and future product lines by reviewing product specifications and requirements; appraising new product ideas and/or product or packaging changes
Provides source data for product line communications by defining product marketing communication objectives
Obtains product market share by working with sales directors and strategic marketing to develop product sales strategies
Conduct market studies including VOC to understand new/adjacent market opportunities and assess viability
Brings new products to market by analyzing proposed product requirements and product development programs; preparing returnoninvestment analyses; establishing time schedules with engineering and manufacturing
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies
Interface with internal departments including R&D engineering sales marketing and support teams to ensure revenue and customer satisfaction goals are achieved
Work with the Marketing Team to create and maintain marketing plans advertising and sales tools
Qualifications
Bachelors Degree in a Marketing or Engineering field. (MBA preferred but not required) with 5 years of product management brand management and/or business development in a manufacturing company environment.
Must have a passion for technology innovation and customer engagement.
Strong attention to detail and organizational skills with the ability to manage multiple priorities independently.
Familiarity and experience with stagegate New Product Development (NPD) and portfolio management processes.
Familiarity and experience with product lifecycle simplification and/or rationalization processes.
Proficiency with MS Office (Excel / Word / Power Point) and CRM (i.e. SalesForce or Microsoft)
Willingness to travel primarily in North America with rare international travel as needed
Travel:Travel (Up to 25 required.
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
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Benefits
- Medical Dental Vision and Prescription Drug Coverage
- Spending accounts (HSA Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
About Regal Rexnord
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30000 associates around the world who help create a better tomorrow by providing sustainable solutions that power transmit and control motion. The Companys electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Companys automation offering comprised of controls actuators drives and precision motors controls motion in applications ranging from factory automation to precision control in surgical tools.
The Companys end markets benefit from meaningful secular demand tailwinds and include factory automation food & beverage aerospace medical data center warehouse alternative energy residential and commercial buildings general industrial construction metals and mining and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions Power Efficiency Solutions and Automation & Motion Control. Regal Rexnord has offices and manufacturing sales and service facilities worldwide. For more information including a copy of our Sustainability Report visit RegalRexnord.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex/gender sexual orientation gender identity pregnancy age ancestry national origin genetic information marital status citizenship status (unless required by the applicable law or government contract) disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds perspectives and skills. If youd like to view a copy of the companys affirmative action plan for protected veterans/individuals with disabilities or policy statement please email you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application please email
Required Experience:
IC
Employment Type
Full-Time
