Product Manager Jobs

Company Description
Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking, and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune’s Magazine’s most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW’s revenues totaled $12.6 billion in 2020.
ITW Medical is comprised of two highly-respected medical product brands - Coeur & Filtertek – supplying medical devices and components to global medical device brands. Filtertek manufactures molded filtration and flow control components. Coeur is a leading provider of disposable diagnostic imaging consumables.

The Product Manager will report to the Global Engineering & Innovation Director. This position will be responsible for the development of ITW Medical’s universal product pipeline through the Customer Back Innovation process.
Primary Responsibilities

• Identify areas of opportunity for ITW Medical within prioritized market segments that are a focus for the division.
• Develop discovery interview guides, research plans and partner with cross functional teams to conduct customer interviews.
• Attend customer meetings to support product development at customer locations.
• Create launch plans and quantified value proposition for product launches. Assist Sales team by building tools to sell our quantified value proposition.
• Serve as divisional subject matter expert for market and pricing intelligence.
• Ensure universal product compliance with applicable standards and regulations.
• Develop IP strategies for universal products and partner with legal counsel to deploy.
• Suggest improvements to ITW Medical’s collateral, website, and other selling tools to improve early funnel prospecting.
• Leverage APQP stage gate process to ensure flawless project execution and facilitate seamless transition during Create/Develop stages.
• Build product roadmaps for existing universal products and collaborate with the cross functional team to justify and deploy product line enhancements and extensions.
• Build relationships with the ecosystem of suppliers, standards committees and customers to stay close to technological trends in the market, translate trends to product needs.
• Partner with Engineering & Innovation Director to identify innovative product concepts and present business cases for the prioritized opportunities.

Qualifications

• <30% travel; primarily domestic and occasionally global
• Ability to take a high level of accountability and ownership for personal and company performance.
• Ability to thrive and collaborate in a decentralized and entrepreneurial culture.
• Progressive work experience in Engineering and/or Marketing functions especially as related to new product development and introduction.
• Driven and motivates others to excel. Curious to find new opportunities and projects.
• Medical device manufacturing or similar industry (regulated) experience preferred.
• Strong financial acumen and strategic thinking skills, including experience working with and presenting to Executive leadership.
• Bachelor’s degree in Business, Marketing or Engineering. MBA preferred but not required.
• Excellent interpersonal, communication, and presentation skills with ability and willingness to communicate, and work with other regions. Simplifies complex situations and concepts, communicates with clarity.
• Strong analytical skills coupled with the ability to exercise sound judgment.

Additional Information
All your information will be kept confidential according to EEO guidelines.
ITW offers a competitive compensation and benefits package, including competitively priced medical and dental coverage the first of the month following hire, free life insurance, paid vacation and holidays, and immediate 401k matching. Additional retirement savings contribution (above and beyond 401k) is awarded at no cost after one year.
ITW Medical is an equal opportunity, equal employment, affirmative action employer. We strive to create a diverse and inclusive work environment where everyone is welcome to contribute their unique talents and ideas. We encourage applications from females, males, disabled/protected or other veterans, persons with disabilities, all races and ethnicities, sexual orientations and gender identities. Reasonable accommodation will be made to enable persons with disabilities to apply and to perform the essential job functions. If you require assistance with completing an application, please reply that you require assistance
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.