Product Manager

Watts Water Technologies•Menomonee Falls, WI

21d•Hybrid

About The Position

We’re Watts. Together, we’re reimagining the future of water. We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource. What we do: For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead. The Product Manager role, under guidance from the Senior Product Manager, plays a critical role in shaping and managing the strategy, performance, and lifecycle of assigned product lines through end-of-life cycle to drive optimize profit, sales and brand objectives. This position reports to the Sr. Product Manager. This position is based in Menomonee Falls, WI.

Requirements

Bachelor’s degree, Engineering/Marketing or related field experience, MBA is a plus.
5+ years of relevant Product Management experience, ideally within target markets related to the specific product line, with proven successful track record.
Experience working in manufacturing, industrial, or related technical markets.
Proven leadership ability to lead virtual teams and work across a matrix.
Excellent written communication skills. Must write clearly, informatively, and logically, and have the ability to vary writing style to meet the needs of the audience.
Excellent presentation and communication skills.
Outstanding interpersonal skills with an emphasis on building strong team relationships.
Proactive, creative work style and a self-starter.
Willingness to travel, as required.
Proficient computer skills (Microsoft Office suite) required.
Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency.
Punctuality and dependability.
Ability to be flexible and adapt to changing work priorities and stressful conditions.
Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.
Maintain productive and collaborative relationships with other Watts employees.
Adherence to Watts’ seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Nice To Haves

MBA is a plus.

Responsibilities

Own the management of product portfolio, including value proposition, value delivery model, product roadmaps and product lifecycle (new product development through obsolescence).
Maximization of performance of product line(s) as measured via orders / sales growth, profitability and cash-flow generation.
Understand market needs, trends and competitor intelligence for the given Product Line(s).
Design, develop, track, and update competitive intelligence and market penetration database.
Own the adherence to product line base cost and margin targets.
Manage SKU rationalization and line harvesting.
Coordinate technical product development with teams.
Accountable for the execution of New Product Development launch (NPD) plans, including but not limited to coordination of internal and external resources, investment budgets, marketing campaigns/ content, and sales plans.
Develop pricing and positioning recommendations including pricing execution and communication.
Works with sales and marketing team to develop and refine the product line go to market strategy.
Participate in product line SIOP, partnering with sales on demand planning and ensuring monthly alignment with operations to support market and customer requirements.
Create and/ or support the creation of training materials and lead training sessions to educate customers and Watts sales personnel on product technical features and benefits – Travel is required to support training activities.
Support onboarding, training, and ongoing development of team members.
Involvement in other projects as assigned.