Product Manager

Job Description

The Product Manager leads and manages assigned products to meet market needs, ensuring their success throughout the entire lifecycle. This role is responsible for maximizing customer satisfaction and achieving growth, profitability, quality, and market share objectives.

Major Areas Of Responsibility/Accountability

Product Strategy & Innovation

• Define and communicate the vision, strategy, and roadmap for assigned products, ensuring alignment with the overall product portfolio.
• Manage the product portfolio through all lifecycle stages: development, commercialization, growth, maintenance, and obsolescence.
• Conduct market research and analysis to determine product pricing for global regions; review margins and adjust pricing to maximize operating income.
• Collaborate with Market Managers on translating market insights and customer needs into actionable product strategies and roadmaps.
• Develop business cases and compelling value propositions for new product development.
• Define product messaging, including target customers, applications, positioning, and competitive landscape.

Go-to-Market & Sales Enablement

• Collaborate with Marketing to develop customer-facing communications and create sales tools that support business opportunities.
• Develop and deliver sales readiness training to prepare channels for new product launches and ensure successful introductions.
• Support lead generation activities and programs to drive product adoption.
• Work with commercial leaders to develop and execute product sales strategies.

Product Lifecycle Management

• Responsible for product plans and roadmaps, balancing cost, performance, and quality.
• Identify and prioritize new product opportunities and growth segments based on market knowledge and customer feedback.
• Provide input to Engineering for improvements to existing products, addressing quality concerns and market impact.

Compensation Information

$90,000- $150,000

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.