Regal Rexnord

Product Manager Senior

LocationMilwaukee, WI
Job Typefull_time

About This Job

As the Product Manager, Senior, you will be responsible for managing all aspects of the product lifecycle for a global product portfolio within the Couplings division of the Integrated Powertrain Solutions (IPS) segment of Regal Rexnord. This includes, but is not limited to:

Identification and assessment of new product introduction opportunities
Development/enhancement/evolution of product positioning – Four P’s, Lead Product strategy
Multi-year portfolio roadmap development/evolution – product line simplification, 80/20 quads-based strategic execution
Construction, maintenance, and thorough communication of product value propositions to relevant stakeholders

The product portfolio for which the Product Manager, Senior is responsible is global in nature, spanning multiple brands, industry verticals, geographies, and production locations. This role is a critical link between multiple adjacent functions, including Business Development, Pricing, Marketing, Strategy, Commercial Operations, SIOP/Supply Chain, Engineering, Plant Management, Sales, Finance, and Executive Leadership. The Product Manager, Senior must bring an ability to influence multiple stakeholders, engage with customers, and proactively problem-solve to drive favorable P&L results and shape the portfolio in accordance with the long-term vision simultaneously.

Responsibilities

Manage the entire life cycle of the defined product line within the business from strategic planning, product definition, tactical launch and end of life activities.
Perform 80/20 analysis on products, customers and markets to identify opportunities for focus and growth.
Direct the implementation of the global product line strategic plan to prioritize and maximize company and product line profitability and investments.
Develop & implement product line simplification strategies to maximize standard profit.
Bring new products to market by analyzing proposed product requirements and product development programs; preparing return-on-investment analyses; establishing time schedules with engineering and manufacturing.
Collaborate with Global Pricing team in defining product pricing strategies that maximize profitability while maintaining/enhancing competitive position and defending/growing market share.
Determine customer needs and desires through VOC, and link VOC directly to product portfolio strategy.
In collaboration with Strategic Marketing and Business Development Teams, assess, understand, and react to key vertical markets and competitive landscape. Maintain a strong understanding of relevant market size and growth expectations, competitor portfolios and strategies, and implications of all of the above for product portfolio strategy.
Prepare and coach customer-facing teams on product strategy and value propositions, product application information, product portfolio changes, and profitability equations.
Provides source data for product line communications by defining product marketing communication objectives.
Maintains professional and technical knowledge and functioning as ‘subject matter expert’ for product portfolio.
Work with the Marketing Team to create and maintain marketing plans, advertising and sales tools.
Support global strategic planning, AOP, and policy deployment processes as required.


Qualifications

Bachelor’s Degree in a Business, Economics, Engineering or related field (MBA preferred but not required).
Minimum of 5 years of previous product management, brand management, and/or business development in a manufacturing company environment.
Ability to travel up to 25% including primarily in North America, with occasional international travel as needed.
Proven passion for technology, innovation, customer engagement, and a ‘do whatever it takes’ attitude.
Growth mindset and willingness and ability to function as the ‘mini-GM’ of a product portfolio.
Strong attention to detail and organizational skills with the ability to manage multiple priorities and stakeholders independently.
Familiarity and experience with stage-gate New Product Development (NPD) and portfolio management processes.
Familiarity and experience with product lifecycle simplification and/or rationalization processes.
Strong communication and presentation skills.
Proficiency with MS Office (Excel / Word / Power Point) and CRM (i.e. SalesForce.com or Microsoft)


Benefits

Medical, Dental, Vision and Prescription Drug Coverage
Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
Paid Time Off and Holidays
401k Retirement Plan with Matching Employer Contributions
Life and Accidental Death & Dismemberment (AD&D) Insurance
Paid Leaves
Tuition Assistance

About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification to Agencies

: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.

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