IDEX Senior Product Manager in Denver, Colorado
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses at https://www.idexcorp.com/our-businesses/business-segments/ around the globe, chances are, we have something special for you.
Business Unit: BAND-IT
Reports To: Business Line Director
Location: Denver, Colorado
The Senior Product Manager position will be responsible for products in Transportation Business Line, which offers a complete range of fastening solutions to different applications. The position will be an input to the business’ overall direction of its products and markets served, is responsible for product planning and execution throughout the product life cycle, including gathering and prioritizing product and customer requirements, defining the product vision, sizing market potential and working closely with engineering, sales, marketing communications and support to ensure revenue, profitability and customer satisfaction targets are met. The Associate Product Manager’s plans will assist in generating increased profit, market share gain and overall customer satisfaction for the company. The Associate Product Manager will support and implement specific targeted product and market strategies, while determining the most effective and successful approach to growing the existing portfolio.
As the Product Manager, your primary focus will be on providing the business the key information and guidance as it relates to the 4-P’s (Product, Place, Price and Promotion). This person will be an influencer on the overall direction of the business and supporting the business line growth initiatives. Therefore, Band-It is seeking a champion, with a winning spirit, that can provide evidence that they grasp and can excel in the following areas:
Development of product lines and ability to exit rationalized models - traditional product management competency (Formulate, execute, and maintain product line strategies, product plans, and product roadmaps based on market insight)
Strategic direction setting - Product/Segment road mapping
Competitive bench-marking and market share/trend analysis pricing and promotion. Develop market insight through voice of customer research, in-depth competitive analysis, and market segmentation
Market awareness and penetration
Key customer development and channel management
Manage product line revenue, margin, pricing, and investment
Commercial process improvements acting as a persistent catalyst for change
Drives 80/20 complexity reduction across the product lines including product rationalization to optimize offering and complexity and manage the product life cycle
Drives margin expansion for the Product Line by working with Operations \ Supply Chain to drive cost reductions (PPV), Engineering to drive VA\VE projects and Commercial team on pricing
Full understanding and successful execution of a staged NPD Process in a manufacturing environment
Drives the product innovation process
Works closely with Engineering Director to identify root causes to product issues and resolve using a systematic action plan orientation
Bachelor’s degree in related area (marketing, business, engineering). MBA preferred
5+ years marketing experience, with at least three of those years in product marketing management with increasing responsibility in a manufacturing or industrial environment
Experience on new product development and product management
Understand channel management
Strategic planning experience
Technical understanding of equipment and processes in a manufacturing environment
Experience working with competitive pricing, promotions and service parts. Pricing analysis/models
International experience will be considered a plus
Working knowledge of Excel, Word, PowerPoint, and Access required
Integrated system product background ideal
This statement affirms the continuing IDEX Corporation Policy on non-discrimination in employment and treatment during employment with regard to race, color, religion, sex, age, disability, national origin, ancestry, marital status, parental status, veteran’s status, or any other non-job related characteristic or criteria protected by law.
BAND-IT IS AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO WORKFORCE DIVERSITY
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?
IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.