Product Manager
Company: Klein Tools
Location: Mansfield
Posted on: April 5, 2021
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Job Description:
Location: US-TX-MansfieldAddress: 501 Easy DriveID:
2021-4436Overview
Klein Tools has a 160-year history of serving the hand tool needs
of professional tradesmen with products that represent a standard
of excellence, innovation, technology and quality in our industry.
We are looking for candidates who want a career working with The
Premier Brand of Hand Tools.
We are currently looking for a Product Managerto be located in our
Mansfield, TX Facility.
Responsibilities
The 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.
Specific Responsibilities will include:
1. Develop short- and long-term product plans designed to deliver
growth and profit performance that aligns with the overall goals or
the organization.
2. Prepare annual plans for each major product line. Responsible
for achieving plans for each major product line.
3. Provide strategic, specific, and targeted recommendations for
growth as the recognized expert in the competitive environment,
existing internal capabilities, and potential new capabilities.
Seek out, evaluate, and prioritize opportunities for product
improvements, product line additions, new markets, improved
merchandising, promotions, and other growth prospects.
4. Responsible for maintaining a product line portfolio strategy
that includes a 3 year product life-cycle plan that will include
new product launches, product modifications, promotions, and end of
life discontinuations.
5. Provide direction and ensure timely execution of marketing plans
including product launches, product modifications, and promotions
to drive sales of products.
6. Display leadership qualities when working with cross-functional
teams and internal departments. Drives effective communication and
collaboration within the organization. Foster good working
relationships among team members and other functional contacts.
Mentor less experienced Product Management personnel.
7. Market & end user expert through interaction with sales people,
distributors, and end users through a variety of venues. Collect
and maintain market information. Conduct market research as
necessary. Spend 10% of time in the field and documents this time
and how and where it is spent learning about customer needs.
8. Serve as the product expert on performance, functionality,
pricing, packaging, merchandising, and value propositions to
internal and external customers. Provide product-related assistance
to other areas of the company as needed.
9. 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. Provide recommendations
for delivering growth.
10. Perform all other duties as assigned.
Qualifications
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 plus justifying a growth
opportunity, then launching new product lines and working with a
stage-gate development process.
Demonstrate strong communications skills, verbal and written.
Demonstrate proficiency with Microsoft Office (Excel, Outlook,
PowerPoint, Word).
Ability to understand basic financial calculations, simple market
research techniques, basic implementation of marketing activities
(PR, Advertising, Promotions, POP, Packaging), developing strategic
plans (pricing strategy, brand positioning, competitive analysis)
with limited assistance, exposure to various manufacturing/sourcing
supply chains, and a basic project management proficiency.
Ability to be an effective team player that takes initiative and
ownership, while influencing cross-functional team.
Klein Tools provides a competitive compensation and benefits
package, including:
If you have the commitment to succeed and the desire to join an
organization recognized as the industry leader, please submit your
cover letter and resume.
No phone calls please.
EOE/M/F/D/V
PM19 PI131642497
Keywords: Klein Tools, Mansfield , Product Manager, Executive , Mansfield, Texas
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