Industrial Oils Product Manager

Lubrizol Corporation•Wickliffe, OH

1d•Hybrid

About The Position

The Industrial Oils Product Manager develops and implements product line strategies to support the long-term financial health, competitiveness, and profitability of the assigned product line. The role owns and manages the product lifecycle from ideation through commercialization and ongoing support, coordinating with cross-functional teams including OEM, R&D, sales, procurement, supply chain, operations, and marketing. The Product Manager develops pricing and positioning strategies, monitors volume forecasts, margins, product performance, and market share, and makes data-driven decisions to optimize the product portfolio. The role supports contract management and annual profit planning, leads new product development and launches, and collaborates with commercial and operational teams to ensure products meet customer needs and business objectives.

Requirements

Bachelor’s degree in Chemistry, Chemical Engineering, Mechanical Engineering, Marketing, or a related field.
At least 5 years of experience, ideally multifunctional, within the specialty chemicals industry.
Strong background in specialty chemicals and understanding of product development processes.
Strong understanding of product-line financials, including pricing, margins, and profitability, and ability to make sound decisions using financial analysis.
Ability to lead, motivate, and collaborate with cross-functional teams, including R&D, operations, sales, and marketing.
Strong written and verbal communication skills for interacting with customers, internal teams, and senior leadership.
Strong understanding of relevant markets, customer needs, competitor analysis, and market trends.
Good understanding of the technical aspects of managed products, including chemical composition, applications, and manufacturing processes.
Ability to analyze and interpret market and financial data and use it to make informed decisions, including analyzing product performance metrics and market trends.

Nice To Haves

MBA.
Lubricant market experience.

Responsibilities

Develop, implement, and manage product line strategies aligned with the company’s corporate strategy.
Ensure volume forecasts are consistent with market trends.
Make pricing and volume decisions and monitor product margins.
Monitor product performance and use data to optimize the product portfolio, profitability, and market share.
Support the Commercial organization with competitive product, pricing, and margin analysis for contract management.
Provide input to annual profit plan targets for volume, revenue, and margin, and lead execution of the plan.
Act as pricing gatekeeper and Tier 1 approver.
Develop pricing strategies that optimize profitability while maintaining market competitiveness.
Lead cross-functional teams in developing, launching, commercializing, and supporting products.
Manage the product lifecycle from ideation through launch and beyond, ensuring on-time delivery and profitability.
Collaborate with Operations, Procurement, and Supply Chain on asset and operational decisions supporting the product line.
Work with R&D to develop new products or improve existing products to meet customer needs.
Collaborate with Sales and OEM teams to understand customer needs, market trends, and the competitive landscape.
Develop product positioning, value propositions, and messaging to differentiate the product line.
Support marketing plans to generate product awareness and demand.
Provide sales teams with training and resources to sell the product line effectively.
Drive product success and profitability while ensuring the product line meets target customer needs.