What are the responsibilities and job description for the Product Manager (Materials Testing) position at ITW?
Job Description
A thriving environment for learning, innovation and growth.
Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people’s lives. It is a place where you can learn, innovate and grow professionally.
Job Summary
This position will lead and manage assigned products to meet market needs, ensuring their success throughout the entire life cycle by maximizing customer satisfaction and achieving goals for growth, profitability, quality, and market share.
Major Areas Of Accountability
Who We Are?
MTS is a leading global supplier of test and simulation systems. Customers including Formula 1 teams, leading automotive and aerospace companies and the world’s leading researchers in materials, seismic and other engineering disciplines all rely on our complex test and simulation systems to determine the reliability of product properties and to comply with quality standards.
MTS is an ITW company. ITW is a Fortune 200 global multi-industrial manufacturing leader with 49,000 employees across 56 countries worldwide. The company´s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns and offers career development and learning opportunities in more than 50 countries across the globe. At ITW we think and act like entrepreneurs. We embrace autonomy, make decisions and take ownership to create innovative solutions for our customers all over the world.
Our unique ITW Business Model applied across all segments and businesses gives us the tools to focus on what’s most important, and keeps us grounded in our values of Integrity, Simplicity, Trust, Respect and Shared Risk.
This role is an opportunity to have a significant positive impact on people’s lives. It is a place where you can learn, innovate, and grow professionally not only within MTS but across the ITW enterprise to Ignite Your Full Potential.
Best In Class Benefits
All your information will be kept confidential according to EEO guidelines.
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
Compensation Information
The salary range for this position in $74,000- 120,000 and will vary based on candidate experience and skills.
A thriving environment for learning, innovation and growth.
Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people’s lives. It is a place where you can learn, innovate and grow professionally.
Job Summary
This position will lead and manage assigned products to meet market needs, ensuring their success throughout the entire life cycle by maximizing customer satisfaction and achieving goals for growth, profitability, quality, and market share.
Major Areas Of Accountability
- Define and communicate assigned product vision, strategy, and roadmap, aligned with the overall product portfolio
- Manage a portfolio of products through the development, commercialization, growth, maintenance, and obsolescence stages
- Determine product pricing for all global regions based on market research, costs and anticipated demand. Review margins for product lines and adjust pricing to maximize operating income
- Through research, market data, and engaging industry experts, understand our customer needs and translate those needs into actionable insights and opportunities.
- Be a champion of Customer-backed Innovation for assigned product portfolio converting insights into product vision and roadmaps.
- Create new product development business cases and robust value propositions.
- Provide perspective on key market trends to support annual and long-range planning activity.
- Define product messaging including target customers and applications, product positioning, and competitive environment.
- Partner with Marketing on all customer-facing product communication and to create sales tools to support sales opportunities.
- Develop and conduct sales readiness training to prepare channel to support new product introduction and meet launch objectives
- Support lead generation activities and programs.
- Develop initiatives and collaborate with commercial leaders on product sales strategies and support execution
- Oversee product plans and roadmaps, balancing cost, performance, and quality.
- Identify and prioritize new product opportunities and growth market segments/applications based on market knowledge and voice of customer data
- Provide input to Engineering on improvements to on-market products based on quality concerns, customer feedback and market impact
- Bachelor of Science Engineering. MBA is a plus.
- 5 years of Product Management experience.
- Ability to learn about and manage a technical product portfolio.
- Demonstrated ability to effectively lead business growth initiatives and projects.
- Proven ability to identify and understand market segmentation, to develop financial business justification, and to deliver proposals to upper management.
- Experience developing product line strategy including new product development roadmaps, growth initiatives for existing products and product line simplification.
- Experience identifying unique value propositions and writing marketing content for targeted market segments.
- Strong team/project management, communication, and presentation skills.
- Experience collaborating with a multinational team a plus.
- Capable of effectively managing priorities and time when provided with multiple projects, of varying magnitude, with firm delivery dates.
- Up to 10% domestic or international travel.
Who We Are?
MTS is a leading global supplier of test and simulation systems. Customers including Formula 1 teams, leading automotive and aerospace companies and the world’s leading researchers in materials, seismic and other engineering disciplines all rely on our complex test and simulation systems to determine the reliability of product properties and to comply with quality standards.
MTS is an ITW company. ITW is a Fortune 200 global multi-industrial manufacturing leader with 49,000 employees across 56 countries worldwide. The company´s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns and offers career development and learning opportunities in more than 50 countries across the globe. At ITW we think and act like entrepreneurs. We embrace autonomy, make decisions and take ownership to create innovative solutions for our customers all over the world.
Our unique ITW Business Model applied across all segments and businesses gives us the tools to focus on what’s most important, and keeps us grounded in our values of Integrity, Simplicity, Trust, Respect and Shared Risk.
This role is an opportunity to have a significant positive impact on people’s lives. It is a place where you can learn, innovate, and grow professionally not only within MTS but across the ITW enterprise to Ignite Your Full Potential.
Best In Class Benefits
- Our total rewards package is broad and offers comprehensive support from health and wellness, to retirement and financial stability.
- Affordable Medical, Dental, Vision Insurance
- HSA/FSA with a company match
- Income Protection Benefits
- Industry Leading 401(k) plan
- Paid Time Off
- Parental Leave
- Matching Gift and Volunteer Program
- Our Employee Resource Groups (ERGs) are employee-led organizations that bring together diverse groups of people to share experiences and innovative ideas to help accelerate our path to full potential
- It is also our commitment to a diverse and inclusive work environment, strive to create a place where everyone is welcome to contribute their talents and ideas.
- ITW Hearts Giving Hope Program provide employees an opportunity to give back and help families in our neighborhoods who are in need
All your information will be kept confidential according to EEO guidelines.
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
Compensation Information
The salary range for this position in $74,000- 120,000 and will vary based on candidate experience and skills.
Salary : $74,000 - $120,000
