Senior Product Manager, Motors
Milwaukee, WI - USA
Job Summary
Position Overview:
The North America Motors & Drives division a $1B global business with 6000 associates within the Power and Efficiency Solutions (PES) Segment of Regal Rexnord is seeking an experienced Senior Product Manager for our Motors Business Unit. This is a critical role in creating and driving a growth-focused product strategy.
Reporting to the Director of Product Management for the Motors BU this role will be responsible for sustainable differentiation for the assigned segment of the business while ensuring a balanced portfolio of investments in core products through the identification of new product development in top 20% of customers or this position you will work to understand needs in the market innovate with purpose and deliver to customers through close collaboration with cross-functional Engineering Sales Marketing Finance and Business Leadership teams. This is a highly influential role with long-term impact on Regal Rexnord Aftermarket future driving decisions and addressing problems on a daily basis.
Key Responsibilities:
Product Management
- Own all aspects of your product portfolio including achievement of financial plans orders revenue margin through the use of data daily management and problem solving practices
- Manage the entire life cycle of the assigned Motor product lines from strategic planning and product definition to tactical launch activities share growth and end-of-life management.
- Build multi-year roadmap for your portfolio with cross-functional teams using market analysis tools and through continued evaluation of new product opportunities
- Establish annual targets for growth and margin attainment develop monthly tracking and metrics to measure performance.
- Drive Voice-of-Customer collection for your products to develop market knowledge develop core messaging and positioning for assigned product lines and drive focus and growth that meet customers applications.
- Identify differentiated value propositions for your products and partner with Marketing and Sales to launch new products and improve customer gain-share position
- Perform competitive evaluation and market analysis to develop clear product positioning and pricing strategies that generate incremental revenue and expand market share
- Guide and work with Engineering to design solutions and next-gen motors and cost optimized solutions to drive the most return on investment and ensure sustainable success
- Present business cases and product plans to leadership stakeholders to gain continued alignment and credibility turning strategic directions into tactical actions
- Manage assigned product lines to the Regal Rexnord Business System which includes 80/20 and Continuous Improvement in all aspects of product management and decision making
Required Skills and Qualifications:
- Bachelors Degree from an Accredited University is required. Degree in Mechanical Engineering Electrical Engineering or equivalent field is preferred.
- Minimum 8 years of Commercial or Product Management experience with highly engineered products in a complex B2B industrial manufacturing enterprise
- Strong foundation in Product Management fundamentals including market research cost/price analysis competitive positioning articulating value propositions interpreting customer needs to business cases etc.
- Analytical & logical fact-based problem solver.
- Must have the ability to digest commercial transaction data to manage the product families and identify trends/issues (i.e. Power BI)
- Capable of both strategic thinking and tactical execution. High Passion for technology innovation and customer engagement
- Is high energy action oriented and focused on producing outcomes bottom-line oriented and steadfastly pushes self and others forward to the goal.
- Can effectively cope with ambiguity and change; can decide and act without having the total picture and can comfortably handle risk and uncertainty
- Strong communication and presentation capabilities to teams large and small
- Resourceful collaborative teammate and possesses an owner mentality
- Effective at time management and priority setting
- Proficiency with MS Office (Excel / Word / PowerPoint) and BI Tools (PowerBI)
- Ability to work independently and at times remotely
- Demonstrate the Regal Rexnord Values with emphasis on 80/20 methodology product line simplification and sense of urgency.
Preferred Skills and Qualifications
- General Motor or related Industry experience
- Hands on Application experience
Travel:
- Can travel domestically and internationally 25%
The salary range provided is intended to display the value of the companys base pay compensation for this position. Salary is dependent on a multitude of factors including but not limited to the physical worksite location the geographic market of that location candidates skill set level of experience education and internal peer compensation comparisons among other potential factors.
Annual base salary range: $100000 to $150000
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
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 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 .
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 e-mail
Required Experience:
Senior IC
Key Skills
About Company
Regal Beloit and Rexnord Corporation merged in 2001 to create Regal Rexnord. Find out more about the brands that make up our power transmission portfolio.