Sr Product Manager
Justrite Manufacturing Company, LLC, Broomfield, CO, United States
DescriptionAt Justrite Safety Group, we're more than just a collection of industrial safety companies; we're a dynamic organization dedicated to protecting people, property, and the planet. Our ever-growing portfolio of companies collaborates to deliver advanced industrial safety solutions that set the standard for excellence. As our business continues to grow, we continue to look for top talent to join our team as we lead the charge in revolutionizing industrial safety, ensuring that every worker returns home safe, every workplace remains secure, and our environment thrives for generations to come. With Justrite Safety Group, safety isn't just a priority-it's our passion. Motion Safety, a proud member of the Justrite Safety Group, we specialize in Checkers products, delivering top-tier safety solutions you can trust. Our durable wheel chocks, resilient cable protectors, and eye-catching warning whips are engineered to withstand the harshest conditions. Trusted by safety champions worldwide, we're committed to keeping you and your team protected every step of the way. The Contribution You'll bring to this Role: The Senior Product Manager serves as critical and strategic role, collaborating closely with cross functional teams, to driving the key performance indicators, inclusive of compelling product line strategy, growth above market rates, margin expansion, vitality index for new product development, pricing effective and data quality to support marketing and sales initiatives. Reporting to this position will be the Associate Produc In this role, you will report directly to the Motion Safety Business Unit VP/GM, setting the stage for your career to soar! This role is your gateway to opportunities for advancement, with the potential to grow within the organization in 3-5 years as you make meaningful contributions to our organizational goals. Join us and take the next exciting step in your career journey! What You'll do at Justrite: Develop Product Line Strategy to drive profitable growth Identify and support execution of opportunities to drive profitable growth through increased penetration at existing customers/distributors and at new customers, distributors, markets and applications. Conduct market research and analysis to identify trends and opportunities. Develop and maintain the product line roadmap aligned with company goals and market needs Develop and Support Execution for New Product Development and Product Lifecycle Management Identify opportunities and build/maintain new product development pipeline. Conduct VOC and build business case to support new product development pipeline. Manage the product development process from concept through to launch. Support successful commercialization of new products in collaboration with Marketing and sales teams. Drive Margin Expansion Management Actions Create pricing strategies and updates based on value, economy, penetration, and competition. Maintain MAP and distributor/customer pricing to meet profitability and growth goals. Own product line profitability/margin expansion by managing pricing strategies and championing cost savings through value analysis and value engineering. Identify and support execution of product enhancements, support quality improvements and cost reduction opportunities. Define Product Value Proposition Monitor and analyze product performance, conduct usability testing, and gather feedback to drive improvements. Conduct VOC and market research to define product requirements and specifications to meet customer needs and business objectives. Develop and document compelling value proposition based on customer needs and competitors. Champion the voice of the customer and ensure their needs are met throughout the product lifecycle. Sales Support and Product Data Management Support Sales and participate in key large industry events and customer meetings to promote the products, services a d overall brand. Ensure product data management is current and provides support to marketing, sales and E-commerce teams. Team Development and Leadership Lead cross-functional teams through influence and collaboration to execute product initiatives. Mentor and coach junior product managers and other team members. Foster a culture of innovation, excellence, and teamwork within the product management organization. Communicate product plans and progress to stakeholders across the organization Your Skills and Expertise: To ensure your success from day one in this role, Justrite requires the following qualifications at a minimum: Bachelor's degree and Master's Degree preferred or equivalent years of experience Minimum of 10 years direct experience in Product Management, product support or related functions within a manufacturing or tangible goods business. Demonstrated success in delivering products from concept to launch in a fast-paced environment Ability to travel 30% of the time Additional qualifications that could help you succeed even further in this role include: Proficiency in Microsoft office, Excel, PowerPoint ; Ability to conduct research and analyze data to glean valuable insights and identify opportunities to grow sales Strategic Thinker, proven ability to execute on strategy and action plan. Organized, focus on managing and meeting deadlines, ability to multi-task, strong business acumen and professional demeanor Excellent written and verbal communication skills including speaking in leadership meeting A passion for innovation