Klein Tools
Product Manager
Klein Tools, Lincolnshire, Illinois, United States, 60069
Klein Tools is a dynamic, fast-paced and results driven company dedicated to launching hundreds of innovative products each year. Are you ready to make an impact?
Perks for you include:Paid Vacations & HolidaysProfit Sharing & Matching 401(k)Health Insurance (Medical, Vision, & Dental)Discounts on Klein Tools productsEducation and Professional Development AssistanceThe Product Manager is responsible for developing and executing product strategy plans, including 3 year life-cycle plans that fit the company's selling tactics, distribution channels, strategy, and financial goals on the large volume, strategically important product categories. This position ensures timely execution of marketing plans and effectively communicates critical information. This position will supply market and product data, analysis, and recommendations as needed. This position is responsible for understanding competitive product lines and can compare and contrast product features and benefits with a compelling selling story. This position is also responsible for understanding, initiating, and utilizing all tactical business drivers to obtain financial objectives.
Your main responsibilities will include:Develop short- and long-term product plans designed to deliver growth and profit performance that aligns with the overall goals of the organization.Prepare annual plans for each major product line and be responsible for achieving these plans.Provide strategic, specific, and targeted recommendations for growth as the recognized expert in the competitive environment, existing internal capabilities, and potential new capabilities.Maintain a product line portfolio strategy that includes a 3 year product life-cycle plan, including new product launches, product modifications, promotions, and end of life discontinuations.Provide direction and ensure timely execution of marketing plans including product launches, product modifications, and promotions to drive sales.Display leadership qualities when working with cross-functional teams and internal departments, fostering good working relationships among team members.Act as a market & end user expert through interaction with sales people, distributors, and end users, collecting and maintaining market information.Serve as the product expert on performance, functionality, pricing, packaging, merchandising, and value propositions to internal and external customers.Provide monthly narrative on major product line performance to plan, focusing on product lines that are significantly above or below plan along with corrective actions.Perform all other duties as assigned.Minimum Requirements:Bachelors Degree in business or related technical field and five (5) years relevant experience in consumer goods product management or a minimum of three (3) years product management combined with five (5) years of other relevant business experience. MBA or other relevant advanced degree preferred.Must possess knowledge managing budgets, forecasts, and business plans to achieve financial objectives.Must possess knowledge in identifying and justifying growth opportunities, launching new product lines, and working with a stage-gate development process.Demonstrate strong communication skills, both verbal and written, and proficiency with Microsoft Office (Excel, Outlook, PowerPoint, Word).Ability to understand basic financial calculations, simple market research techniques, and basic implementation of marketing activities.Ability to be an effective team player that takes initiative and ownership, while influencing cross-functional teams.Klein Tools is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For candidates with disabilities needing assistance, please email us at hr@kleintools.com.
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Perks for you include:Paid Vacations & HolidaysProfit Sharing & Matching 401(k)Health Insurance (Medical, Vision, & Dental)Discounts on Klein Tools productsEducation and Professional Development AssistanceThe Product Manager is responsible for developing and executing product strategy plans, including 3 year life-cycle plans that fit the company's selling tactics, distribution channels, strategy, and financial goals on the large volume, strategically important product categories. This position ensures timely execution of marketing plans and effectively communicates critical information. This position will supply market and product data, analysis, and recommendations as needed. This position is responsible for understanding competitive product lines and can compare and contrast product features and benefits with a compelling selling story. This position is also responsible for understanding, initiating, and utilizing all tactical business drivers to obtain financial objectives.
Your main responsibilities will include:Develop short- and long-term product plans designed to deliver growth and profit performance that aligns with the overall goals of the organization.Prepare annual plans for each major product line and be responsible for achieving these plans.Provide strategic, specific, and targeted recommendations for growth as the recognized expert in the competitive environment, existing internal capabilities, and potential new capabilities.Maintain a product line portfolio strategy that includes a 3 year product life-cycle plan, including new product launches, product modifications, promotions, and end of life discontinuations.Provide direction and ensure timely execution of marketing plans including product launches, product modifications, and promotions to drive sales.Display leadership qualities when working with cross-functional teams and internal departments, fostering good working relationships among team members.Act as a market & end user expert through interaction with sales people, distributors, and end users, collecting and maintaining market information.Serve as the product expert on performance, functionality, pricing, packaging, merchandising, and value propositions to internal and external customers.Provide monthly narrative on major product line performance to plan, focusing on product lines that are significantly above or below plan along with corrective actions.Perform all other duties as assigned.Minimum Requirements:Bachelors Degree in business or related technical field and five (5) years relevant experience in consumer goods product management or a minimum of three (3) years product management combined with five (5) years of other relevant business experience. MBA or other relevant advanced degree preferred.Must possess knowledge managing budgets, forecasts, and business plans to achieve financial objectives.Must possess knowledge in identifying and justifying growth opportunities, launching new product lines, and working with a stage-gate development process.Demonstrate strong communication skills, both verbal and written, and proficiency with Microsoft Office (Excel, Outlook, PowerPoint, Word).Ability to understand basic financial calculations, simple market research techniques, and basic implementation of marketing activities.Ability to be an effective team player that takes initiative and ownership, while influencing cross-functional teams.Klein Tools is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For candidates with disabilities needing assistance, please email us at hr@kleintools.com.
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