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Product Management Manager

ITT Corporation

ITT Corporation

Product
Seneca Falls, NY, USA
Posted on Tuesday, July 9, 2024

Product Management Manager

Job Locations US-NY-Seneca Falls
ID
2024-12557
Category
Marketing and Product Management
Position Type
Employee
Telecommute
No

Position Summary

In this role, the Global Product Manager (GPM) will own the product roadmap for the industrial products for ITT Goulds Pumps aftermarket parts. The GPM will apply a customer-centric, business-focused mindset to identify and develop product line opportunities to their full market potential. At the same time, the GPM will have a high level of technical proficiency to be effective in working cross functionally with engineering, finance, supply chain, sales, and operations teams to accomplish all new and existing product design objectives on time and within budget.

The GPM will become a subject matter expert in Goulds Pump product lines. This includes developing close relationships with key industry distributors, understanding technical trends and how they affect the roadmap, competitive analysis, and working closely with sales to achieve growth objectives. Target industries include, but are not limited to general industry, chemical processing, oil & gas pulp & paper and mining.

The GPM’s top priority is to lead the effort in continuing to support ITT as a world leader for aftermarket services.

Ideally, this position will sit in Seneca Falls New York.

Essential Responsibilities

Establish customer needs through market research and customer engagement and visits. Obtain and analyze competitor information on an on-going basis. Keep sales team informed of competitive developments and create winning product strategies.
Identify and develop a plan to expand the standard product line for ProCast.
Improve and expand product line and appraise new product ideas for market viability; create value through targeted Value Add / Value Engineering practices, expanding into underrepresented global territories.
Develop long term development plans for ProCast including engineering and sourcing plans.
Set pricing and determine winning market strategy for winning business on a global scale while adhering to contractual requirements and providing market differentiation.
Represent the voice of the customer and drive operational excellence with cross functional work with operations, commercial, engineering, communications, and finance.
Ensure project development activities are completed on time, meeting all requirements, including cost, quality & performance targets to support the project plans and project execution.
Participate in the monitoring of sales and profit performance of support equipment products to achieve and maintain acceptable gross profit margins
Some travel is expected

Position Requirements

Education: BS Degree in Mechanical or similar Major Engineering discipline required; Combination of Engineering degree and MBA preferred

Experience: 5+ years of experience as a Product Manager in an industrial or engineered to order, and rotating equipment environment (pumps or similar ancillary equipment) required. Strong technical, financial and business acumen is strongly preferred.

QUALIFICATIONS:

  • 5 years of product management in an industrial, engineered to order, and rotating equipment organization (pumps and similar ancillary components such as seals, monitoring equipment dealing with fluid transfer).
  • BS in Mechanical Engineering or major engineering discipline is required. Advance degree in business management preferred.
  • Results focused with ability to translate stakeholder needs and priorities into actionable plans
  • Excellent interpersonal skills to effectively communicate technical information to diverse groups of people; excellent presentation skills with the ability to influence at all levels of the organization
  • Experience writing business cases to drive New Product Development needs (i.e. tooling for a new pump) spend from 500K – 2MM
  • Knowledge of machining, assembly, testing a plus
  • Ability to work collaboratively and maintain effective working relationships with co-workers
  • New product development/management experience required
  • Additional commercial and marketing experience is a plus
  • Strong business acumen and understanding of financial principles
  • Strong technical and design problem solver

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range

108,700.00 to 162,300.00, plus potential bonus and benefits

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ITT Inc. is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to age, color, gender, gender identity, national origin, physical or mental disability, protected veteran, race, religion, sexual orientation, or any or any other characteristic protected by law. (Government security rules may restrict certain work to specific individuals based on government criteria.)
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