Eaton Corporation's Bussman UL Business Unit has an immediate opening for a Product Manager in Ellisville, MO.
The Assemblies Product Manager develops and manages product line strategies for assigned product line portfolio and acts as the manager for all activities associated with those product lines and directs generational evolution or VA/VE activities in line with continuous process improvement activities. The measure of success is implementation of the plan and growth in revenue and profitability over planned period. The Product Manager leads cross functional teams to develop new products in line with product technology roadmaps to achieve cost targets, revenue and profitability expectations. Responsible for driving demand creation in conjunction with the commercial teams globally. Manages the new product introduction into the market place. Assesses competitive position of the product offerings and directs investment to achieve best in class cost and feature position for product lines under management. Provides market, competitive and customer intelligence to the global sales and marketing teams in support of long-term strategy and tactical plans.
Other responsibilities include:
Management of product line portfolio, including evaluation of product line extension or modification requests from sales team, or external customers. Utilize a formalized process that gives quantifiable reasons to implement or reject the extensions or other changes to the portfolio. Preparation of a business proposal for acceptable projects that includes product specification, target cost, average sell price and payback model.
Responsible for meeting profitability, revenue and customer service targets.
Responsible for introducing, on schedule and on budget, competitive products that meet or exceed market expectations and making promotion, and channel recommendations.
Evaluation of product line cost reduction, modification, and process improvement recommendations from the manufacturing team for market acceptability. This includes regular documented meetings with the teams that give clear direction and priority based on a commercial perspective.
Participation as a key member of a product development team through the concept, development, implementation and market introduction for the product or product line.
Responsibility for product literature content that includes features, benefits and performance data. This includes printed and electronic formats. Monitor these areas as part of product life cycle management.
Responsibility for sustaining core product lines to adapt to market change or to penetrate new markets and address competitive offerings. This includes recommending programs and promotional activities to strengthen market position for sustained product lines.
The Product Manager must work closely with the Market and Geography Managers to balance competing business needs.
Maintain a five-year product plan and technology roadmap on key products as directed by the SBU strategic planning document. Coordinate product planning inputs for strategic and business planning.
Responsibility for coordinating price and margin objectives with the product-pricing group, based on competitive analysis, market price sensitivity analysis.
Bachelor’s degree from an accredited institution is required
Minimum five (5) years experience in sales, marketing, application engineering or product engineering
Legally authorized to work in the United States without company sponsorship.
Strong Business Acumen – must understand market and customer trends, customer needs and impact on future product development programs, new business case financials.
Strong Customer interface skills. Ability to uncover customer needs and translate into winning capture strategies and value propositions
Strong presentation and written communication skills
Technical knowledge of electrical products External Job Product Manager - Assemblies Title Product Manager - Assemblies AutoReqId 61777BR
Business Function Marketing and Sales
Region North America - US/Puerto Rico
Country United States
Employee category Regular
Experience Minimum 5 Years Level Minimum 5 Years Travel Up to 25 percent
Relocation benefit provided? Yes (US/PR Only)