Product Manager
Product Manager
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1 Vacancy
Job Description
This role is designated as a hybrid role which includes working at least 3 days per week (Tuesdays Wednesdays Thursdays) to foster better collaboration connection and innovation. This role is responsible for a major category within the ThermaTru Doors business.
As a Product Manager you will be empowered and expected to grow margin and profitability of your category product lines within the ThermaTru business enabling the BU to meet its overall financial objective. You will provide thought leadership and direction to ensure we have the right products in the right channels with the right pricing architecture. You will have a deep understanding of the market and target customer groups to deploy strategies that will increase market share and profitability throughout the product lifecycle. The ability to create and execute successful strategies build narratives around those strategies and influence multiple stakeholders internally and externally are necessary for success.
YOUR ROLE:
The bullet points below reflect roughly 80% of your job. We are a fastpaced company you may be pulled in a variety of different directions with tasks added or changed.
- Responsible for 3 Ps of the assigned category Product Price Promotion.
- Work with the VP of sales on the 4th P Place.
- Develop new product development objectives strategies and timelines to maximize market share growth and profitability.
- Plan and manage new product development projects through the entirety of a stagegate process.
- Drive category captain leadership with external customers by leveraging analytics and/or insights for our markets end users and channels.
- Determine product line pricing architectures and lead annual pricing strategy to maximize our profitable share across channels. Partner with Revenue Growth Management sales analytics and finance teams to understand channel dynamics & competitive positioning set list prices and review the revenue and profit impact of price requests/changes.
- Influence and educate the business on how we go to market. Provide thought leadership and direction within and outside the organization for business technical or competitive issues on assigned product line/s.
- Partner with Operations functions including manufacturing supply chain and quality for new product development as well as monitoring category product line health and performance of existing product lines to maximize customer satisfaction.
- Champion the Voice of the Customer & Consumer by developing a thorough understanding of customer and market needs / trends. Conduct competitive analysis and gain insight to product gaps or advantages.
- Responsible for providing a regular profit review of product line results with recommended actions to accomplish attaining market share revenue and profitability targets for assigned product range.
- Effectively communicate and explain the rationale of product line strategies positioning channel needs financial impact priorities and customer requirements.
- Provide sales and product training support to drive revenue and profitability goals of product line. Attend industryrelated trade shows sales meetings and maintain trade association contacts as needed. Maintain a general understanding of pertinent industry standards to best position assigned product line.
- Collaborate with Brand Channel Marketing Digital and Commercialization teams to support the development of sales assets public relations campaigns advertising activities promotional strategies and tactics for assigned product lines.
- Review content and message of all collateral materials and communications for assigned product lines. Ensure the accuracy of product offering descriptions pricing etc. in all company communications.
- Train internal and external customers on products marketing programs and business developments.
- Communicate regularly with field sales associates including occasional travel to key accounts and end users.
- Respond to daily customer and field sales inquiries requests and concerns.
- May perform other duties as assigned.
Qualifications :
BASIC QUALIFICATIONS:
- Bachelors degree in Marketing Business Engineering or related field.
- Minimum of 5 years of product management experience in manufacturing and/or consumer durables industry.
- Prior demonstrated success in developing category plans for retail and/or wholesale channel.
- Strong analytical skills including ability to arrive at insights from analytical data is essential for market and competitive evaluation pricing and line management.
- Demonstrated ability to be a team player with skills to lead/participate in crossfunctional teams.
- Demonstrated effective verbal written and presentation skills.
- Advanced computer skills. (Excel PowerPoint Word)
- Ability to travel approximately 15% mainly to customer locations.
PREFERRED QUALIFICATIONS:
- MBA in Marketing Business Engineering or related field.
- Prior consumer/durable goods experience.
- Experience in the building industry / building products.
- Prior P & L experience.
Additional Information :
Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is $100000 USD $130000 USD. Please note that actual salaries may vary within the range or be above or below the range based on factors including but not limited to education training experience professional achievement business need and location. In addition to base salary employees will participate in either an annual bonus plan based on company and individual performance or a rolebased sales incentive plan.
At Fortune Brands Innovations we support the overall health and wellness of our associates by offering comprehensive competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates unique needs. This includes robust health plans a marketleading 401(k) program with a company contribution product discounts flexible time off benefits (including halfday summer Fridays per policy) inclusive fertility / adoption benefits and more. We offer numerous ERGs (Employee Resource Groups) to support inclusivity and our associates feeling of belonging at work.
Fortune Brands Innovation (FBIN) is built on industryleading brands and innovation within our operating segments: water outdoors and security. We have an impressive track record of strong financial results market outperformance and growth which translates into career and professional growth opportunities for associates. Please visit our website at to learn more.
Equal Employment Opportunity
FBIN is an equal opportunity employer. FBIN evaluates qualified applicants without regard to race color religion sex gender identity or expression national origin ancestry age disability/handicap status marital status protected veteran status sexual orientation genetic history or information or any other legally protected characteristic.
Reasonable Accommodations
FBIN is committed to working with and providing reasonable accommodations to individuals with disabilities. If because of a medical condition or disability you need a reasonable accommodation for any part of the application or interview process please contact us at and let us know the nature of your request along with your contact information.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
