Product Manager

Trane Italia•Davidson, NC
•$90,900 - $130,060•Hybrid

About The Position

The Product Manager for Service Parts & Supplies is accountable for meeting or exceeding the product line’s organic revenue, market share, and contribution margin objectives while ensuring product and marketing efforts support the Trane HVAC Supply business strategy. The role collaborates with sales, marketing, supply chain, procurement, engineering, and other functions to develop offerings that meet customer expectations across HVAC Supply market segments. Strong analytical skills are needed to make fact-based decisions and prioritize customer segments. The role leads product-line strategy, P&L and annual operating planning, and product growth initiatives across both portfolios. It maintains engagement with retail stores, e-tailers, independent distributors, and operations teams; identifies growth opportunities with internal plants and external suppliers; and reports regularly on volume, profitability, and quality. The Product Manager also guides customer-needs research, product development and extensions, product-mix updates, lifecycle reviews and rationalization, portfolio marketing plans, and industry, market, customer-segment, and competitor analysis. The position supports Account Manager training and may require travel 15% of the time. The position is based on a hybrid schedule: onsite Monday through Thursday, with the work location of choice on Fridays according to work needs. The company offers a salary range of $90,900.00–$130,059.99 and states that the role is incentive eligible. Benefits are described as beginning on the first day of employment, subject to applicable variations.

Requirements

  • At least 4 years of functional experience.
  • Four-year degree in Marketing, Business, Engineering, or a related field.
  • Understanding of product lifecycle management and how to maximize margin at each stage.
  • Strong business acumen and experience building strategies.
  • Knowledge of sales and marketing, including marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
  • Ability to analyze end-user and channel segments to identify and target profitable segments.
  • Knowledge of pricing strategy, including setting product-line pricing objectives, policies, and strategies consistent with portfolio and business strategy.
  • Strong analytical and financial skills to make decisions about product or service offerings and accelerate profitable growth.
  • Strong relationship-building skills and ability to influence and inspire in a collaborative environment.
  • Energetic, passionate, driven, with strong interpersonal skills.
  • Excellent verbal, communication, and presentation skills.
  • Must be able to travel 15% of the time.

Nice To Haves

  • MBA preferred.

Responsibilities

  • Lead Service Parts & Supplies product-line strategy development, P&L, and yearly operating planning.
  • Lead the Product Growth Team and strategic A3 for both portfolios, partnering with Supply Chain, Procurement, and Engineering as core members.
  • Maintain channel engagement with direct retail stores, e-tailers, independent distributors, and operations teams to support product-line growth.
  • Identify opportunities to accelerate growth through collaboration with internal plants and external supply partners.
  • Prepare regular business-pulse and financial reports on volume, profitability, and quality targets.
  • Coordinate efforts to understand unmet customer needs for new products or line extensions and determine product-offering features to develop.
  • Maintain an updated product mix using Trane Technologies’ business operating system standard work and tools.
  • Conduct customer-focused portfolio reviews of managed product and service lines and support lifecycle decisions, including product rationalization.
  • Coordinate with marketing, commercialization, and sales teams to review and adjust portfolio marketing strategy, plans, targeted programs, promotions, and countermeasures based on performance.
  • Conduct industry, market, and competitor analysis, including customer and end-consumer segmentation, and quantify growth opportunities.
  • Support Account Manager training on the Service Parts & Supplies product line and deliver training and development to groups of varying sizes.

Benefits

  • Health insurance beginning on day one for the employee and family.
  • Holistic wellness programs with incentives.
  • Fertility coverage and adoption/surrogacy assistance.
  • Up to 15 vacation days, paid holidays, sick leave, and additional options for volunteer and parental leave.
  • 401(k) match.
  • Educational and training opportunities through company programs.
  • Tuition assistance and student debt support.
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