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Product Manager
Steel Partners Menomonee Falls, WI
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$105k-130k (estimate)
Full Time 5 Days Ago
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Steel Partners is Hiring a Product Manager Near Menomonee Falls, WI

Job Description
Position Summary:
Reporting to the Sr. Product Manager, the Product Manager assists Product Managers and will have significant exposure and influence in. The incumbent is equipped with relevant experience of managing the product life cycle from product kick-off to optimizing end-of-life situations. This exciting position is the basis for future product manager roles and responsibilities.
Working alongside the Product Managers, and the rest of the marketing organization, the Product Manager is expected to assist with the direction for the product lines and implement the strategy. Effective communication and teaming with customers, vendors and internal leaders and associates is essential. This role will own the execution to ensure our product lines meet market requirements, drives profitability and is a competitive advantage.
Essential Functions / Responsibilities:
  • Leads execution of zero-to-two-year strategy by defining and refining specifications for engineering
  • Helps to drive revenue and profitability of custom products (engineered to ordered)
  • Pricing analysis for custom products, project pricing, and overall product margins
  • Assists in driving revenue, profitability, end-to-end product life cycle management
  • Assists with PLCM (Product Life Cycle Management) of the assigned product category or channel
  • Supports channel management through direct contact with sales team and development of required collateral
  • Perform 80-20 product analysis an implement actions such as pricing, terms, EOL, etc., to improve portfolio revenues profitability by quartile
  • Uses appropriate analytical tools to substantiate any opportunities with facts and data.
  • Refines market-driven specification document for new products and drives a multi-level, cross functional team to meet key timelines and metrics for new product development and commercialization.
  • Leads a multi-level, cross-functional team to achieve a best-cost position to meet the sustainable differentiation value proposition for the product category.
  • Recommends life cycle expectancy of the products and maximizes the profits for the planned end-of-life (EOL) products as part of the multigenerational road map.
People Management Employee Development
  • Improve performance through implementing new tools and processes
  • Ensure consistency in personnel policy administration across the departments and sites
Knowledge, Skills Experiences
The ideal candidate for the Product Owner position will have the following educational background and experience:
Education/Certifications
  • Bachelor degree in Electrical or Mechanical Engineering, or related field required
  • Technical background
  • Analytical skills
  • MBA is desirable
Experience
  • Minimum of five to eight years in a product management or program management with extensive customer interface experience or business development
  • Experience leading a technical product line with integrated manufacturing
  • Experience with variable frequency drives or electrical power is a plus
  • Experience with B2B distribution is a plus
Qualifications Attributes
  • Demonstrated ability to translate macro trends, user needs, and channel trends to an actionable strategy.
  • Strong financial / analytical / business acumen to develop strategic plans using facts and data.
  • Demonstrated ability to lead, influence, aspire, and energize co-workers at all levels of the organization.
  • Demonstrated ability to drive results.
Requirements
Experience
  • Minimum of five to eight years in a product management or program management with extensive customer interface experience or business development
  • Experience leading a technical product line with integrated manufacturing
  • Experience with variable frequency drives or electrical power is a plus
  • Experience with B2B distribution is a plus
Qualifications Attributes
  • Demonstrated ability to translate macro trends, user needs, and channel trends to an actionable strategy.
  • Strong financial / analytical / business acumen to develop strategic plans using facts and data.
  • Demonstrated ability to lead, influence, aspire, and energize co-workers at all levels of the organization.
  • Demonstrated ability to drive results.

Job Summary

JOB TYPE

Full Time

SALARY

$105k-130k (estimate)

POST DATE

06/28/2024

EXPIRATION DATE

07/16/2024

WEBSITE

steelpartnersinc.com

HEADQUARTERS

CHEHALIS, WA

SIZE

50 - 100

TYPE

Private

CEO

DENNIS GIFT

REVENUE

<$5M

INDUSTRY

Durable Manufacturing

Related Companies
About Steel Partners

Steel Partners offers designs in Western and cabin style lighting for indoor, outdoor, bathroom and dining room.

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The following is the career advancement route for Product Manager positions, which can be used as a reference in future career path planning. As a Product Manager, it can be promoted into senior positions as a Product Manager IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Product Manager. You can explore the career advancement for a Product Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Product Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Product Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Product Manager job description and responsibilities

Product managers provide the expertise needed to lead and make strategic product decisions.

02/22/2022: Saint Petersburg, FL

During the product review, a PM presents an overview of recent launches and any available metrics, upcoming launches, top user needs, and a view of the broader product roadmap.

12/05/2021: Ann Arbor, MI

Supports the development team by prioritizing the product backlog and creating user stories.

11/27/2021: Stockton, CA

When customers particularly enjoy a product, product managers take note.

12/20/2021: Kingsport, TN

Works with the engineering team on core specifications and product functionality.

11/29/2021: Springfield, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Product Manager jobs

Learn Fundamentals of Product Management.

02/20/2022: Evansville, IN

A General Understanding of Data and “Street Statistics”.

02/21/2022: San Bernardino, CA

Be a future visionary and product evangelist.

01/20/2022: Greensboro, NC

An understanding of the user life cycle.

01/22/2022: Buffalo, NY

Desire (and Ability) to Work as a Team.

01/20/2022: Alexandria, LA

Step 3: View the best colleges and universities for Product Manager.

Butler University
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