Global Product Manager
Franklin Electric
- Madison, WI
- Permanent
- Full-time
- 3-5 years relevant product management experience.
- Product development experience, including forming a project team, obtaining voice of customer, launching a product meeting target dates, sales trajectory, and profitability expectations.
- Project management experience with evidence of success.
- Product marketing background with the ability to comprehend technical product details.
- Strong leadership, communication, interpersonal and management skills.
- Experience in developing, communicating, and executing a business strategy.
- Play integral role in assuring the Franklin 5 Key Factors of Success - Quality, Availability, Service, Innovation, and Cost are effectively maintained for assigned products.
- Drive product line strategic direction and maintain product development road map, define new product opportunities, and develop robust business cases in support of new product development projects.
- Lead and prioritize product line related projects (and project team activities) including new product development, quality improvement, and value improvement projects.
- Perform constant customer need assessments while understanding the competitive landscape to direct strategic actions that will improve market position and profitability.
- Analyze new product requests, conduct pricing and competitor research to manage products and product lines.
- Manage existing product line based on forecast, performance, and profitability while implementing required changes or modifications.
- Review excess and obsolete material and make recommendations for use or disposal with supporting evidence.
- Identify opportunities to achieve corporate sales goals, objectives, and action plans. Seek new customer opportunities and maintain current customer relationships while achieving corporate goals.
- In partnership with the Market Development Manager, analyze the market to clearly understand and position the project line in the marketplace while identifying potential acquisition targets.
- Develop short- and long-term forecasts, budgets, inventory plans, strategies, and marketing programs required to meet sales objectives.
- Attend market specific trade shows, state and regional shows, and territory seminars. Report on key trends, customers, competitors, market drivers and technologies. Travel requirement up to 30%.
- Partner with Marketing Communications Team to ensure that marketing tools such as collateral, packaging, catalogs, Internet presence, etc., meets customer needs.
- Support various company departments (Sales, Customer Service, Technical Service) regarding specific product line information.
- Other related duties as required or assigned.
- Strong business and analytical skills to formulate product line strategies.
- Thrive working in a truly global, fast-paced work environment.
- Work effectively leading cross-functional teams from both technical and commercial resources.
- Analyze information and evaluate results to recommend the best solution and solve problems.
- Identify the underlying principles, reasons, facts, or information by breaking down data into separate parts.
- Effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, public, and other employees of the organization.
- Maintain confidentiality and use discretion with business information.
- Reads and understands documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals.
- Write routine reports and correspondence.
- Utilize common-sense understanding to carry out written, oral, or diagrammed instructions.
- Plan the time, method, manner, and/or performance sequence of own work; may also occasionally assist in planning work assignments performed by others within a limited area of operation.
- Make decisions of both minor and major importance, which may affect the work operations of other employees.
- Bachelor's degree in Marketing, Engineering, or related field required, MBA a plus.
- 3-5 years related Product Management experience.
- Intermediate/Advanced: Microsoft Office Suite especially Excel and PowerPoint