Product Manager, Ths (On-Site Littleton, Colorado)

Overview

Responsible for managing THS Thermon Heating Systems (THS) product lines throughout the product life cycle from market analysis to product planning to new product commercialization in support of organizational strategy and objectives. This role may be based out of our manufacturing facility located at 1500 W Campus Dr, Littleton, Colorado, CO 80120 and reports directly to Product Manager based out of Oakville, Ontario in Canada.

Key Responsibilities And Accountabilities

• Provides source data for product line communications by defining product marketing communication objectives.
• Brings new products to market by analyzing proposed product requirements and product development programs; prepares return-on-investment analyses; establishes schedules with engineering and manufacturing.
• Introduces and markets new products by developing time-integrated plans with sales, advertising, and production.
• Assesses market competition by comparing the company's product to competitors' products.
• Facilitates inventory turnover and product availability by reviewing and adjusting inventory levels and production schedules.
• Understands product quality and customer satisfaction. Drives sustaining and continuous improvement efforts to address quality and satisfaction issues.
• Provides information for management by preparing short-term and long-term product sales forecasts and special reports and analyses; answers questions and requests.
• Assesses product market data by calling on customers with field sales team and evaluates sales call results.
• Determines customers' needs and desires by specifying the research needed to obtain market information.
• Develops and maintains product roadmaps
• Obtains product market share by working with sales leadership to develop product sales strategies.
• Plans for product obsolescence and end-of-life strategy. Drives activities and communication related to de-commissioning and end-of-life
• Recommends the nature and scope of present and future product lines by reviewing product specifications and requirements; appraises new product ideas and/or product or packaging changes.
• Determines product pricing by utilizing market research data; reviewing production and sales costs; anticipates volume; costs special and customized orders.
• Other duties as assigned by management.

Qualifications

• Bachelor's degree or equivalent experience.
• Experience negotiating complex projects and contract terms with customers.
• Comfortable presenting in large groups to management and executive leadership.
• Working knowledge of industry market and size
• Experience dealing with customer complaints and leading resolution of critical issues.
• Minimum 7 years' experience in a complex, technical environment (preferably industrial market) in product management.

Key Characteristics, Competencies And Skills

• Demonstrated ability to drive change and continuous improvement across a broad level/scope.
• Ability to partner effectively with a senior leadership team and functional leaders in a matrixed environment.
• Ability to travel up to 25% both domestic and international.
• Ability to build relationships, lead cross-functional teams, and build consensus among a large group.