Position Summary
The Product Line Manager 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.
Responsibilities
Directs a focused strategy for multiple product lines (product, promotion, pricing, and channel) for the Compressed Air & Gas Treatment portfolio. This role requires 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/spanet goals to overcome obstacles or changes in spanet dynamics.
Essential Functions:
- Responsible for leading multiple product line (product, promotion, pricing, and channel) for the Compressed Air & Gas Treatment portfolio of products to drive sales and margin expansion
- Monitors sales and margin results and tracks and recommends appropriate actions
- Develop and manage the product portfolio strategy
- Lead the multi-generational product roadmap development process in line with division strategic plans
- Is fully integrated in the Winovation stage gate process to supports innovative concept ideas in formulating new product development processes. Defining customer requirementseeds and government & regulatory standards
- Support Global Product Platforms
- Ownership of the Product Life Cycle Management of the 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 spanet needs for innovative products and works with Engineering to appropriately prioritize product development efforts for the product line.
- Support Customer Segmentation
- Conducts spanet 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
Qualifications
Qualifications:
- Four-year degree, preferably in Engineering, Engineering Technology or Business discipline. MBA desired
- Minimum Six (6) years product management experience required
- Minimum Four (4) years of managerial / leadership experience managing product
- 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
Key Performance Indicators (KPI):
- Sales and Gross Margin/Net Manufacturing Margin for product portfolio
- Product Portfolio Complexity & Simplification
- Simple by Design Savings / Product Cost Out
- Aged and Obsolete Inventory for product portfolio
- New Product Launch Performance to Business Case
- Sale Price Index (SPI) - mature / End of life (EOL) products
Product Vital index
Pay, Benefits, Work Schedule
Competitive Compensation
- Pay Range: $97750 to $171150 annually
- Participation in Annual Incentive Program
Benefit & Retirement Plans
Parker offers competitive benefit programs, including:
- 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.
Equal Employment Opportunity
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants U.S. Equal Employment Opportunity Commission