Product Specialist
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Job Summary
Job title: Product Specialist
Location: Pune
About Us
Ingersoll Rand is a Fortune 500 company with a passion for making lives better. We do this by living our values and through a relentless focus on the success of our customers and partnering with our employees to think and act like owners. We believe in sustainability through the development and distribution of a broad range of global brands designed to meet the needs of our customers in both efficient and responsible ways. Ingersoll Rand is a diverse and inclusive environment. For more information visit: .
Job Overview:
Ingersoll Rands Power Tools Business Area in India is seeking a Product Manager to lead strategic and tactical product management for the Precision Fastening Assembly Tool Category driving double-digit growth and market share expansion across India. This role combines visionary strategy development with data-driven execution ensuring the portfolio meets evolving customer needs while delivering measurable business impact.
Responsibilities:
- Own the category P&L accountable for achieving 100 Million INR over our annual revenue 20% margin improvement and 30% market share growth YOY.
- Support the execution of a 3-year product roadmap and technology pipeline targeting 3 new products launched and mixed with localized innovation adoption with ETO contributing up to 20%.
- Support end-to-end product lifecycle management driven by global from ideation to commercialization ensuring on-time delivery of projects with 100% adherence to launch timelines.
- Conduct market and competitive analysis to identify 50 Million growth opportunities and 30% cost optimization potential through localization initiatives.
- Collaborate cross-functionally with sales marketing engineering and operations to align global priorities and deliver 100% improvement in customer satisfaction scores will be measured with NPS Win rate CRR.
- Implement pricing strategies by region and channel to maximize profitability targeting 5% price realization improvement.
- Drive strategic acceleration programs to penetrate key verticals and geographies aiming for 10% CAGR over 3 years for NPDs.
Requirements:
- Bachelors degree in Engineering; MBA Preferred
- Knowledge of AI and ML is good to have
- 5 Years Product management experience in precision power tools or assembly tools.
- Proven track record of delivering 100 Million INR over revenue growth at 30% margin improvement.
- Strong analytical skills P&L management and cross-functional leadership.
- Willingness to travel acroos India 60% of the month.
What we Offer
- We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the companys success.
- Yearly performance-based bonus rewarding your hard work and dedication
- Leave Encashments
- Maternity/Paternity Leaves
- Employee Health covered under Medical Group Term Life & Accident Insurance
- Employee Assistance Program
- Employee development with LinkedIn Learning
- Employee recognition via Awardco
- Collaborative multicultural work environment with a team of dedicated professionals fostering innovation and teamwork.
#LI-GG1
Required Experience:
IC
Key Skills
- Sales Experience
- Marketing
- Customer Service
- Communication skills
- Military Experience
- Retail Sales
- Product Demos
- Customer Support
- Product Management
- Product Development
- Unity
- Microscopy
About Company
Driven by an entrepreneurial spirit and ownership mindset, committed to helping make life better. We provide innovative and mission-critical industrial, energy, medical and specialty vehicle products and services across 40+ respected brands designed to excel in even the most complex a ... View more
