Sr Product Manager

Company: Sloan
Location: Chicago
Posted on: November 1, 2024

Job Description:

Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Select how often (in days) to receive an alert: Sloan is the world's leading manufacturer of commercial plumbing systems and has been in operation since 1906. We are at the forefront of the green building movement and provide sustainable restroom solutions. We manufacture water-efficient products including flush valves, electronic faucets, soap dispensing and sink systems along with vitreous china fixtures for commercial, industrial and institutional markets worldwide. Sloan has an immediate opening for a Sr -Product Manager based in either our Chicago or Franklin Park, IL facilities. This Product Manager is responsible for product planning and marketing for our category of products including, IoT, PWT (Programmable Water Technology) and parts for the commercial restroom. In this role you will work with the sales team, channel partners, architects/engineers, facility managers, building owners and third-party partners to understand the unmet needs and challenges of connected buildings. You will also lead cross functional teams to develop a total solution and drive product direction and roadmap. In addition, you will develop a product manager, as a direct report, for future succession. Responsibilities include:

• Provide internal and sales support to grow categories and support the direct sales team focused on these categories.
• Defines, collaborates and executes product strategy and roadmap for flush valve, fixtures and related parts product lines exceeding $100M in annual sales; includes new product development opportunity assessments and product enhancement recommendations and SKU rationalization. Develop annual strategic plans and multiyear product road map (Multi-Generation Product Plan), implement the approved plans through the strategic deployment process and measure its success.
• Serve as voice of the customer for product category and apply to the company's ability to meet or exceed customer satisfaction goals. Propose innovative products and solutions that leverage organization's competencies and aligns with the strategic plans. Develop sales plans with sales team and channel patterns and helps execute the sales plan.
• Complete responsibility of P&L of two or more product categories. Establishes pricing strategies to meet revenue and profitability goals. Achieve financial goals relating to product revenue and margin that are aligned with the Company overarching financial goals; while managing expense budget.
• Establishes product forecast and relevant KPI for existing portfolio of products and new product introductions; ensuring stakeholder and leadership buy-in. Lead S&OP for the assigned product lines.
• Develops core positioning and messaging for product(s) that align with company Brand and positioning strategy. Develop and implement marketing programs, promotions, sales support and communication material aligned with Director of Marketing Communications leader. Analyze and report effectiveness and success of programs.
• Develops direct report Product line manager to take on P&L responsibility of a product category as well as develop as potential successor for the role.
• Identify competitive offerings in the market. Review their niche, approach, and success in the market. Assess their strengths and weakness. Evaluate the presence and relative importance of key product features. Develop and communicate competitive positioning and sales 'battlecard' for sales organization. Qualifications:
  • Bachelor's degree in architecture, business, engineering, or related field
  • 8+ years product management experience
  • Ability to travel a miniumum of 5 trips a year -
  • Ability to work and influence at all levels within the organization
  • Demonstrated use of effective financial, analytical, organizational and project management skills
  • Excellent oral and written communication skills; including persuasion and negotiation skills
  • Experience in planning and project managing complex product launches
  • Strong analytical skills with high level understand of business financials
  • Strong decision-making ability and the ability to work in and build a team environment and lead cross functional team
  • Strong strategic thinking skills and the ability to turn strategy into action Preferred Qualifications:
    • Experience in building products
    • Experience in developing after sales support or service business model.
    • Prior managerial experience We offer a highly competitive compensation and benefits package, including:
      • A choice of Medical (with Health Savings Account), Dental, Vision, Rx Insurance for employees and their eligible dependents
      • Company paid Basic Life and AD & D Insurance, Basic Accident Insurance, Disability Insurance, Employee Assistance Program, and Well-being Programs.
      • Paid time off, Paid Sick Leave, Paid Vacation time, Paid Sick time, Paid Military Leave, and Paid Volunteer time away from work.
      • Dependent Care Flexible Spending Account, Commuter Parking and Transit Accounts, and Tuition Reimbursement benefits.
      • 401(k) Retirement Savings Plan with a Company match.
      • Employee Service Anniversary Awards and Employee Recognition Programs Diversity, Equity, Inclusion and Belonging (DEIB) YOU Belong at Sloan We are intentional in building an inclusive culture that embraces different voices, ideas, and backgrounds. We commit to continuing this ever-growing journey with and for our employees, customers, partners, and community. We are better together when we can be ourselves. We Are Proud Partners With the Chicago Cubs We are a Legacy Partner of the Chicago Cubs and we are proud to be the organization's official water efficiency partner! Through this relationship, which includes the naming rights to Sloan Park, the Cubs' Spring Training facility in Mesa, Arizona, we have had the opportunity to promote our brand and continue our water conservation efforts in the city of Chicago and around the world. JOIN AN INDUSTRY LEADER! For additional company information please visit our website at www.sloan.com . We Are An Equal Opportunity Employer.
        Nearest Major Market: Chicago
        Job Segment: Senior Product Manager, Marketing Manager, Product Manager, Facilities, Operations, Marketing
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Keywords: Sloan, Mount Prospect , Sr Product Manager, Executive , Chicago, Illinois