Product Manager

Watts Water•North Andover, MA

10d•$120,000 - $140,000•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. Scope of Position The Product Manager is accountable for development and execution of the growth strategy for a given product line(s). The Product Manager is responsible for growth and profitability of a given Product Line(s), including price management and controls. Key representative of a given Product Line. Responsible for consolidating and articulating customers’ voice (globally) on New Product Development (NPD) strategy and ensure alignment with business plan. Responsible for defining and maintaining product, customer and market segmentation. This position reports to the Sr. Product Manager. This role is onsite and is based in North Andover, MA.

Requirements

Bachelor’s degree, Engineering/Marketing degree or similar
5+ years of related Product Management ideally within target markets relating to the specific product line with proven successful track record
Proven success in developing and implementing both strategic and financial business plans
Proven leadership ability to lead virtual teams and work across a matrix
Sales Channel and or Management experience
Relevant engineering experience
Must have strong influencing skills
Must possess 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. May be required to relocate
Strong 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.

Responsibilities

Accountable for the development and execution of long term product line strategic plan
Accountable for growth and profitability of Product Line(s). Metrics to include orders volume, sales and Profitability for given Product Line(s)
Responsible for adherence to product line base cost targets to ensure fit with overall global plan while ensuring investments in technology, marketing, etc. are adequate to accomplish product line goals
Accountable for the development and 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
Responsible for major reviews including Business Plans, Strategy Plan, Annual Operating Plan, and other periodic estimates that are required by the business. Inputs will include financial projections (orders, sales and profitability by product line) and specific commitments for growth from commercial programs and NPI launches
Works with sales, and marketing team to develop/improve product line go to market strategy and ensure sufficient and effective sales resource and channel partner strategy/management
Understands market need, trends and competitor intelligence for the given Product Line(s).
Design, develop, track, and update competitive intelligence and market penetration database
Works with Sourcing to create a secure an efficient supply chain for “system” delivery
Builds the mid-term strategy in terms of priorities, partnerships and business development
Creates and/ or supports 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