Product Manager

Enerpac Tool Group Corp • Milwaukee, WI

5d

About The Position

As the business owner for the Torque product line, the PM Torque Line will own and drive the full lifecycle of our torque-related product portfolio, and will define the vision, strategy, and roadmap to grow market share, improve profitability, and deliver innovative solutions that meet the precision, safety, and efficiency demands of industrial bolting applications.
Critical for the success of this role will be an effective cross-functional collaboration with engineering, sales, marketing, operations, finance, and supply chain in order to drive the NPD process and the optimization of the current product portfolio

Requirements

• Bachelor's degree in Engineering (Mechanical, Industrial, or related), Business, or equivalent; MBA or advanced technical degree preferred.
• 5+ years of product management experience in industrial tools, capital equipment, manufacturing tools, or closely related B2B technical products.
• Strong technical aptitude — understanding of torque tools, bolting principles, and related hydraulics/pneumatics/electronic equipment; knowledge around calibration and safety standards is highly desirable.
• Proven track record of successfully launching and growing physical hardware products in industrial or professional markets, complemented with a strong understanding of digital & connected features required to enhance those products
• Strong understanding of key elements required to provide a seamless customer experience for users engaging with digital platforms, specifically front-end related ones (e.g. UI / UX )
• Experience working in regulated or high-reliability industries (e.g., oil & gas, power generation, aerospace, wind energy) is a strong plus.
• Demonstrated ability to influence without authority and lead cross-functional teams in a matrix environment.
• Proficiency with product management tools (e.g., Jira, Aha!, Confluence) and data analysis (Excel, BI tools).
• Excellent communication and presentation skills — able to translate technical concepts for executive, sales, and customer audiences.

Nice To Haves

• Familiarity with torque tool brands/competitors (e.g., RAD Torque, HYTORC, Enerpac, Norbar, Atlas Copco, Mountz, TorcUP).
• Knowledge of smart/connected tools, data logging, traceability, and Industry 4.0 applications in bolting.
• Experience with global product management and international market nuances.
• Understanding of manufacturing processes, supply chain, and cost structures for torque and precision tools.

Responsibilities

• Define and execute the product vision, strategy, and multi-year roadmap for the torque tools portfolio, aligning with company goals and market opportunities in key verticals such as power generation, rail, oil & gas, and infrastructure.
• Conduct market research, competitive analysis, voice-of-customer (VoC) interviews, and industry trend monitoring (e.g., smart/connected tools, digital traceability, lightweight designs, higher torque capacities) to identify gaps and innovation opportunities.
• Develop and prioritize the product backlog, including new product development (NPD), line extensions, cost reductions, feature enhancements, complexity management, and end-of-life strategies.
• Create business cases, pricing strategies, and ROI analyses for new products, potential join ventures, and targeted promotions & line extensions.
• Lead cross-functional teams (engineering, R&D, operations, quality, commercial, , marketing, finance) to deliver products on time, within budget, and to quality/safety standards (e.g., ISO 17025 calibration).
• Define and drive key elements around global product launches, including go-to-market (GTM) strategies, sales enablement tools, training programs, marketing initiatives, and value-based selling materials.
• Collaborate with Regional Commercial teams and key customers to support large deals, plan and execute field testing and market intelligence initiatives; act as the product SME in product related discussions.
• Own and monitor product performance metrics (revenue, margin, market share, target completion, etc) using data to identify and execution specific recommendations and actions
• Stay current on industry standards, regulations, and emerging technologies in controlled bolting and torque application.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level