Product Manager I
Company: ITW
Location: Glenview
Posted on: May 15, 2022
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Job Description:
Job Description Company Description JOIN OUR TEAM ITW has an
exciting career opportunity to join our team as a Product Manager
I. ITW offers its employees a path for advancement, a competitive
salary, and a comprehensive benefits package designed to help
employees care for themselves, their families, and their futures.
Job Description The Product Manager will profitably grow
responsible product groups by developing, implementing, and driving
marketing/business strategies and tactical action plans. This
individual will act as the voice of customer using end-user market
research insights, customer POS, and macro market trends to
effectively manage the product portfolio and drive new product
development. This position offers the opportunity to grow business
acumen through collaboration with our Sales, Operations and
Engineering teams. This role interfaces with exciting retail
customers like Home Depot and Lowe---s through product line
management to achieve maximum growth and profitability. We are
looking for business leaders who are excellent problem solvers with
strong communication skills that perform well in an entrepreneurial
environment. A successful candidate will be able to leverage the
ITW Business Model to position their product categories for
sustained growth. Primary Responsibilities --- Customer Back
Innovation --- Execution of the new product development roadmap to
capitalize on key market opportunities and champion the Customer
Back Innovation stage gate process through cross-functional
leadership. Product Manager will lead new product launch efforts
including forecasting volumes, end user validation, and product
training, as well as collaborate with the brand team on
positioning, messaging, marketing collateral, sales materials, and
integrated marketing planning. --- End-User Intimacy --- Gain
strong understanding of voice of customer through qualitative and
quantitative market research that drives product strategy and
development. Execute strategies based on end-user segmentation to
ensure proper targeting and prioritization --- Product Portfolio
Management --- Lead product portfolio strategy including management
of existing product mix and pricing strategy to drive
top/bottom-line financial performance. Participate in capacity
planning efforts working with operations and engineering.
Responsible for product line maintenance including SKU
rationalization, pricing strategies, promotion strategies, and
simplification to optimize the product mix and financials. ---
Financial Ownership --- The Product Manager will own the P&L
for their product category and deliver on key metrics by utilizing
the ITW toolbox philosophies and other key performance indicators.
--- Market Landscape --- The Product Manager will have a full
understanding of the market dynamics including customer,
competitive, and end user trends, and actions that will drive
market sizing efforts to ensure focus on addressable market. ---
Other duties as assigned Qualifications --- Bachelor---s degree in
business, engineering, marketing, or a comparable discipline,
required. --- A minimum of 3 years of marketing experience
preferred with at least 1 year of relevant product management
experience; exposure to new product development activities required
--- Experience with durable goods is preferred --- Financial acumen
to analyze financial results and new market opportunities is
required --- Advanced skills in Excel, Word and Power Point are
required. --- The ability to travel approximately 20% is required
--- Strong team/project management, communications, and
presentation skills --- Proven ability to influence
cross-functional teams without formal authority --- Ability to
maintain a keen attention to detail, multitask and work well under
pressure --- Natural tendency to be curious, positive, and creative
Additional Information ITW (NYSE: ITW) is a Fortune 250 global
multi-industrial manufacturing leader with revenues totaling $14.5
billion in 2021. The company---s seven industry-leading segments
leverage the unique ITW Business Model to drive solid growth with
best-in-class margins and returns in markets where highly
innovative, customer-focused solutions are required. ITW---s
approximately 45,000 dedicated colleagues around the world thrive
in the company---s decentralized and entrepreneurial culture.
www.itw.com. ITW Residential & Renovation (R&R) offers a broad
range of professional grade anchoring tools and fasteners for
numerous construction applications. Our products include wood to
wood fastening systems (Paslode), structural wood fasteners (GRK
Fasteners---), concrete anchoring systems (Tapcon--, Red Head--,
Ramset--), underlayment screws (Rock-On--, Backer-On--),
self-drilling screws (Teks--) and drywall anchoring systems (E-Z
Ancor--). ITW R&R excels in meeting the growing demands from
Pro end-users for high-quality home improvement and construction
fastening products. Our products are trusted by industry
professionals and each brand is the market leader in its respective
category in terms of quality, performance, and ease of use. Work
Environment: The work environment characteristics described here
are representative of those an employee encounters while performing
the essential functions of this job. Reasonable accommodations may
be made to enable individuals with disabilities to perform the
essential functions. This position requires an employee to work in
a variety of locations including, but not limited to home office,
job sites, lumberyards, and distributor locations. These
environments are not controlled by ITW. Physical Demands: The
physical demands described here are representative of those that
must be met by an employee to successfully perform the essential
functions of this job. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential
functions. While performing the duties of this job, the employee is
frequently required to sit, stand, talk, hear, reach with hands and
arms, and regularly required to walk. Must be able to lift 40 lbs.,
able to walk and stand for long periods of time at customer events,
trade shows, and job site locations. Position requires
approximately 20% travel and the ability to operate a motor
vehicle. ITW is an equal opportunity employer. We value our
colleagues--- unique perspectives, experiences and ideas and create
workplaces where everyone can develop their careers and perform to
their full potential. As an equal employment opportunity employer,
ITW is committed to equal employment opportunity and fair treatment
for employees, beginning with the hiring process and continuing
through all aspects of the employment relationship. All qualified
applicants will receive consideration for employment without regard
to race, color, sex, gender identity, sexual orientation, religion,
national origin, age, disability, protected Veteran status or any
other characteristic protected by applicable federal, state, or
local laws. ITW is an equal opportunity employer. We value our
colleagues--- unique perspectives, experiences and ideas and create
workplaces where everyone can develop their careers and perform to
their full potential. As an equal employment opportunity employer,
ITW is committed to equal employment opportunity and fair treatment
for employees, beginning with the hiring process and continuing
through all aspects of the employment relationship. All qualified
applicants will receive consideration for employment without regard
to race, color, sex, gender identity, sexual orientation, religion,
national origin, age, disability, protected Veteran status or any
other characteristic protected by applicable federal, state, or
local laws.
Keywords: ITW, Glenview , Product Manager I, Executive , Glenview, Illinois
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