What are the responsibilities and job description for the Sr. Product Manager position at Master Lock Company?
This role will work from our Oak Creek, Wisconsin office on Tuesdays, with additional in-office days as needed to support collaboration, key meetings etc.
The Sr. Product Manager - Retail Security is the champion for assigned product categories and plays a pivotal role managing their portfolio as a business. To this end the ability to analyze, draw conclusions, create successful strategies, build a narrative around that strategy, and influence multiple departments internally and customers and end-users externally are necessary for success.
- Develop long range strategic plans with annual updates for product, channel, process and business opportunities as needed. Focus needs to be on leveraging existing and creating new protected value.
- Plan and manage new product development, launch and sustain growth. Develop NPD objectives, strategies and timelines to maximize market share growth and profitability.
- Drive category captain leadership with our external customers/partners/distributors by leveraging analytics/insights for our markets, end users & channels. Collaborate with sales, finance and revenue growth management teams to execute product line reviews and assortment updates.
- Deliver P&L for assigned product categories.
- Manage the full lifecycle for assigned portfolio from NPD through discontinuation and residual inventory disposition.
- Leverage market research and consumer understanding to verify new product features, willingness to pay, positioning, purchase triggers, and decision making. Market research spans qualitative and quantitative from customer VOC to segmentation studies to concept testing and field trials.
- Plan product line pricing, pricing strategy and manage profitability in line with business objectives.
- Collaborate with Brand Marketing to identify needs for and development of sales collateral, public relations and advertising activities.
- Train internal and external customers on products, marketing programs and business developments. Communicate regularly with field sales associates, travel routinely to key accounts and end users.
- Respond to daily customer and field sales inquiries, requests, and concerns.
- Develop library and database of relevant markets and competitors and complimentary offerings, identify and assess potential acquisitions.
- A BBA or BE degree is required. An MBA with a concentration in marketing is highly desirable.
- Practical knowledge of new product development tools
- Experience driving eCommerce and omnichannel marketing is highly desirable.
- Requires a minimum of 7 years of relevant experience in product management, marketing or engineering, preferably in a manufacturing and/or consumer durables setting.
- Ability to interpret and leverage insights from pro forma and other financial reports is required.
- End user focused experience is highly desired.
- Should have excellent written, verbal, interpersonal, presentation and MS Office suite skills.
- Occasional travel required (up to 15%).
BENEFITS
- All the Insurance coverage you'd expect including medical, dental, vision, life insurance, flexible spending accounts, wellness programs, 401K all effective on your date of hire, and a bonus program plus generous PTO
- Scholarship program for childrenof employees
- Charitable gift matching
- Associate appreciation/recognition programs
- Adoption Assistance
- Associate Purchase Program on All Fortune Brands Products
- Culture committed to work life balance with hybrid/remote work schedules available
Fortune Brands Innovations is an equal opportunity employer. Applicants are considered for positions without regard to race, color, creed, national origin, ancestry, religion, sex, sexual orientation, gender identity or expression, age, mental or physical disability, marital/family/caregiver status, genetic information, military or veteran status, citizenship or any other characteristic protected by federal, state or local low. Fortune Brands Innovations also prohibits harassment of applicants or employees based on any of these protected categories.
Candidates for positions with Fortune Brands Innovations must be able to present proof of identity and work eligibility post hire. Immigration visa sponsorship is not available for this position and accordingly this position is not appropriate for foreign students who will require sponsorship in the future, including assistance with an Optional Practical Training (OPT) F-1 extension.
To all recruitment agencies: Fortune Brands Innovations does not accept unsolicited agency resumes/CVs. Please do not forward resumes/CVs to our careers email addresses, our employees or any other company location. We are not responsible for any fees related to unsolicited resumes/CVs
The Master Lock Company is an equal opportunity employer. Applicants are considered for positions without regard to race, color, national origin, ancestry, religion, sex, sexual preference, age, disability, genetic information, military or veteran status, citizenship, or any other characteristic protected by applicable federal, state, or local law. The Master Lock Company also prohibits harassment of applicants or employees based on any of these protected categories.
