Product Manager

ITWEden Prairie, Minnesota

$90,000 - $150,000 / year

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Overview

Schedule

Full-time

Career level

Director

Compensation

$90,000-$150,000/year

Benefits

Career Development

Job Description

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.

Company Overview:

14000 Technology Dr., Eden Prairie, MN 55344, USA

A thriving environment for learning,innovationand growth.

Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people’s lives. It is a place where you can learn,innovateand grow professionally.

Transformingwhat’spossible with cars,aircraft, bridges, windturbinesand space-age materials — this is work we dream about as kids. At MTS,it’sa rewarding career path for talented individuals who are willing to work hard, think hard, and commit to solving complex and critical challenges for our customers around the world, many of whom are leaders in their respective industries.

By joining MTS,you’llhave access to the latest tools and technologies, along with the support of colleagues who are passionate about their work.You’lldiscover a dynamic culture of continuous improvement that extends to our people, one that offersnumerousways to expand your knowledge and advance your career. And because we are a global company, your work may also include world travel.

Compensation Information:

$90,000- $150,000 commensurate on relevant education and experience.

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.

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FAQs About Product Manager Jobs at ITW

What is the work location for this position at ITW?

This job at ITW is located in Eden Prairie, Minnesota, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at ITW?

Candidates can expect a pay range of $90,000 and $150,000 per year.

What employment applies to this position at ITW?

ITW lists this role as a Full-time position.

What experience level is required for this role at ITW?

ITW is looking for a candidate with "Director" experience level.

What is the process to apply for this position at ITW?

You can apply for this role at ITW either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.