Product Portfolio Manager I

ParkerLancaster, NY
9d$105,700 - $185,000

About The Position

Product Portfolio Manager I will lead & develop the product strategy and executable product roadmaps to deliver sustainable growth and margin expansion for the Compressed Air & Gas Treatment product portfolio, including compressed air & gas filtration, compressed air dehumidification, industrial nitrogen gas generation, and lab gas generation.

Requirements

  • Four-year degree, preferably in Engineering, Engineering Technology or Business discipline. MBA desired
  • 5-7 years product management experience required. Engineering or commercial functions in related industry preferred.
  • Strong computer skills (Microsoft Office Applications, Salesforce)
  • Strong verbal and written communication skills
  • Strong analytical skills
  • Demonstrated ability to organize and manage multiple priorities using effective problem solving / resolution skills and a team focus
  • Travel up to 25%

Responsibilities

  • Accountable for driving sales and margin growth of the product category.
  • Execution will require strong leadership, drive and ability to guide and influence externally and internally within a matrixed organization.
  • Actively participate with cross functional teams including engineering, supply chain, sales and production to manage entire product life cycle and maintain customer satisfaction and business objectives.
  • Track key business performance indicators to identify and execute necessary countermeasure to achieving business/market goals to overcome obstacles or changes in market dynamics.
  • Responsible for leading multiple product lines (product, promotion, pricing, and channel) across the Compressed Air & Gas Treatment portfolio to drive sales and margin expansion
  • Monitors sales and margin results and tracks and recommends appropriate actions.
  • Develop and manage the Compressed Air & Gas Treatment product portfolio strategy.
  • Lead the multi-generational product roadmap development process in line with division strategic plans
  • Supports Winovation new product development process
  • Defining customer requirements/needs and government & regulatory standards
  • Support Global Product Platforms
  • Ownership of product life cycle Management for the Compressed Air & Gas Treatment product portfolio
  • Complexity analysis & reduction
  • Manage product end-of-life cycle
  • Apply POP (Parker Operating Principle)
  • Support Simple by Design
  • Participates in the development and implementation of appropriate response strategies.
  • Develops and leads IME strategies (existing product innovations/modifications/extensions)
  • Develop product value propositions and be accountable for new product launches
  • Investigates market needs for innovative products and works with Engineering to appropriately prioritize product development efforts for the product lines
  • Support Customer Segmentation
  • Conducts market research through trade associations, internet investigation and Corporate services.
  • Monitors competitors' position, action and products
  • Maintain product literature, catalogs, technical bulletins, etc.
  • Manage competitive Cross-Over
  • Attend customer visits, sales conferences, trade shows, as required.
  • Attract, develop, & retain talent within the product manager function

Benefits

  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.
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