Associate Product Line Manager

About the position We are hiring for an Associate Product Line Manager that can be based out of our downtown Chicago or Franklin Park offices. This role will report to the Director of Product Management. The Associate Product Line Manager will be responsible for supporting and collaborating product planning and marketing of product category (insert product name here for recruiting purposes). They will also ensure the success of product category through product lifecycle management, working closely with Product Management and Engineering to deliver profitable products, and participate in cross functional teams to introduce new products to the marketplace. This role will also collaborate with sales, quality, customer service, technical support and regulatory teams to ensure customer needs are met. Depending on product category, they will also be responsible for driving profitable revenue that may range from $5 million to $100 million in revenue.

Responsibilities

• Executes project deliverables developed with cross functional teams to ensure on time launch of innovative world class products.
• Conducts and leverages voice of the customer (VOC), customer/sales analysis, competitive analysis, industry insights, technology trends and other external influences. Reports on product performance, customer and market trends relating to product to management.
• Manages product forecasts for existing portfolio of products and new product introductions; ensuring stakeholder and leadership visibility
• Identifies initiatives with marketing, engineering and operations for maintenance of product line and cost reductions
• Achieve financial goals relating (P&L responsibility for the line up to gross margin level) to product revenue and margin that are aligned with the Company overarching financial goals; while managing expense budget. Develop strategic plans for product and vertical market category.
• Establishes pricing strategies to meet revenue and profitability goals.
• Develops and implements marketing programs, promotions, sales support and communications material to support efforts in driving product demand. Analyze and report the success/effectiveness of programs.
• Creates and provides training to Sales team both virtually and in person on new products and supports sales team on key national account.
• Works collaboratively with engineering, finance, operations and supply chain to drive costs out
• Other duties and responsibilities as required.

Requirements

• Bachelor's Degree in business, engineering or related field
• 6+ Years Relevant Experience
• Business travel approximately 10-20%
• Excellent oral and written communication skills
• Experience and ability to effectively work and collaborate in a cross-functional team environment
• Strong analytical skills with understanding of basic business financials
• Strong decision-making ability and the ability to work in and build a team environment
• Strong technical background and understanding

Nice-to-haves

• Experience in business to business (B2B) specification and sales process in multi-step distribution environment
• Experience in stage-gate product development process and product launches

Benefits

• Comprehensive Health Coverage: Medical (including prescription coverage), Dental, and Vision Insurance, effective the first of the month following your hire date.
• Health Savings Account (HSA): With company contributions for most medical plan options.
• Financial Security: Basic Life, Basic Accidental Death and Dismemberment, Short-term Disability, Long-term Disability, and Accident Insurance.
• Additional Protection: Optional Life, Critical Illness, Hospital Indemnity, Legal, Pet Insurance, and Identity Theft Protection.
• Convenient Commuter Benefits: Save on your daily commute.
• Flexible Spending Accounts: Dependent Care FSA to help manage your expenses.
• Wellness Support: Employee Assistance Plan and Wellness Programs to keep you healthy and happy.
• Retirement Savings: 401(k) Retirement Savings Plan with a company match and immediate vesting.
• Generous Time Off: Paid Holidays, Volunteer Time Off, Paid Time Off, Sick Leave, Military Leave, Parental Leave, Bereavement Leave, and other paid or unpaid state/local leaves where required.
• Work-Life Balance: Hybrid Work Program to support your flexibility.
• Employee Referral Program: Earn rewards for referring great talent.
• Professional Development: Tuition Reimbursement Program to help you grow your skills.
• Community and Networking: Join our Employee Business Groups and connect with colleagues.

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