Product Manager

SUMMARY

The Product Manager combines strategic vision with the ability to implement tactical strategies for profitable growth. This position is responsible for developing products by identifying potential opportunities, conducting market research, generating product requirements, determining specifications, production timelines, pricing, and creating integrated plans for product introduction. The role also involves developing marketing strategies and understanding product synergies to facilitate complexity reduction, product pruning, and overall portfolio management.

Essential Duties and Responsibilities

• Manages the product lifecycle from new product introduction through to product maturation, continuously seeking opportunities for improvement.
• Conducts data analysis and formulates recommendations used to develop global strategic goals.
• Directs the implementation of the global product line strategic plan to prioritize and maximize company and product line profitability and investments.
• Formulates product pricing strategies and manages the daily operations of the designated team to optimize profitability and sales performance.
• Ascertains customers' needs and desires by specifying the research needed to gather market information.
• Assesses market competition by comparing the company's products, pricing and go-to-market strategies with that of competition.
• Prepares and coaches the sales team on product application information, product initiatives, and profitability metrics.
• Serve as a resource and partner with Sales during long-term contract negotiations.
• Recommends the nature and scope of current and future product lines by reviewing product specifications and requirements, evaluating new product ideas, and considering product or packaging changes.
• Provides source data for product line communications by defining marketing communication objectives.
• Collaborates with the sales and strategic marketing leadership to develop product sales strategies that enhance market share.
• Conducts market studies, including Voice of the Customer (VOC) analysis, to identify new or adjacent market opportunities and assess their viability.
• Maintain professional and technical knowledge by attending educational workshops, reviewing industry publications, establishing personal networks, and participating in professional societies.
• Contributes to team efforts by accomplishing related tasks as needed.

Critical Competencies

• A personable, enthusiastic, and engaging personality
• Ambitious and self-initiated
• Above-average verbal and written communication skills
• Able to collaborate effectively with others
• Capable of functioning efficiently in a matrix and team-oriented environment

Education and Experience Requirements

• A 4-year university degree, preferably in Business Management and/or Marketing
• Minimum of 5 years' experience in Sales, Marketing, Manufacturing, or Product Management within industrial-based products/markets
• Skills in Product Management, People Management, Customer Understanding, Product Development, Requirements Analysis, Pricing, Planning, Competitive Analysis, Sales Planning, Inventory Control, Financial Planning, and Strategy
• Proficiency in Microsoft Word, Excel, and PowerPoint
• CRM experience - Microsoft or SalesForce.com

Physical Demand and Work Environment

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Physical Demands -The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is frequently required to sit, talk and/or hear, and/or use hands to finger, handle, or touch objects, tools, or controls. The employee is occasionally required to stand, and/or walk. The employee must occasionally lift and/or move up to 10 pounds while moving files or small packages. Specific vision abilities required by this job include close vision and the ability to adjust focus. The mental and physical requirements described here are representative of those that must be met by an individual to successfully perform the essential functions of this position.

Work Environment- The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Work is performed in an office. The noise level in the work environment is usually moderate. The work environment characteristics described here are representative of those individual encounters while performing the essential functions of this position

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

• 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

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.

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.