Senior Product Manager
3 weeks ago
We’re Watts. Together, we’re reimagining the future of water.
We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.
What we do:
For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.
As the Sr. Product Manager, you will manage growth and profitability of a given Product Line(s), including price management and controls. You will consolidate and articulate customers’ voice on New Product Development (NPD) strategy and ensure alignment with business plan. You'll be responsible for defining and maintaining product, customer and market segmentation. Part time travel may be required to support training activities. This role is onsite in North Andover, MA and will report to the Director of Product Management.
We’re Watts. Together, we’re reimagining the future of water.
We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.
What we do:
For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.
As the Sr. Product Manager, you will manage growth and profitability of a given Product Line(s), including price management and controls. You will consolidate and articulate customers’ voice on New Product Development (NPD) strategy and ensure alignment with business plan. You'll be responsible for defining and maintaining product, customer and market segmentation. Part time travel may be required to support training activities. This role is onsite in North Andover, MA and will report to the Director of Product Management.You Will:
- Develop and execute long-term product line strategy
- Accountable for growth and profitability of Product Line(s). Metrics to include orders volume, sales and Profitability for given Product Line(s)
- Responsible for adherence to product line base cost targets to ensure fit with overall global plan while ensuring investments in technology, marketing, etc. are adequate to accomplish product line goals
- Develop and execute New Product Development launch ( NPD ) plans, including coordination of internal and external resources, investment budgets, marketing campaigns/ content, and sales plans
- Responsible for major reviews including Business Plans, Strategy Plan, Annual Operating Plan, and other periodic estimates that are required by the business. Inputs will include financial projections (orders, sales and profitability by product line) and specific commitments for growth from commercial programs and NPI launches
- Work with sales, and marketing team to develop/improve product line go to market strategy and ensure sales resource and channel partner strategy/management
- Understand market needs, trends and competitor intelligence for the given Product Line(s).
- Design, develop, track, and update competitive intelligence and market penetration database
- Focal point for global intelligence/ expertise on competition, standards and policy position
- Leverage best practice from other platforms and shares with other Watts Water Technologies business leaders
- Work with Sourcing to create a secure an efficient supply chain for “system” delivery
- Build the mid-term strategy regarding priorities, partnerships and business development
- Create and/ or support the creation of training materials and lead training sessions to educate customers and Watts sales personnel on product technical features and benefits – Travel is required to support training activities
- Bachelor Degree, Engineering, or MBA
- 8-10 years of related Product Management within target markets relating to the specific product line with successful track record
- Experience in developing and implementing both strategic and financial business plans
- Proven leadership ability to lead virtual teams and work across a matrix
- Sales Channel and or Management experience
- Relevant engineering experience
- Experience communicating complex technical concepts to a variety of audiences
Physical Requirements :
While performing the duties of this job, the employee is frequently required to walk, talk, and/or hear. The employee is occasionally required to stand, sit, and use hands to finger, handle, or feel. The employee must occasionally lift and/or move up to 30 pounds. Specific vision abilities required by this job include: close vision, color vision, peripheral vision, depth perception and ability to adjust focus.
Work Environment :
Work in both office and manufacturing environment. May occasionally be required to perform job duties outside the typical office setting.
Watts in it for you :
- Competitive compensation based on your skills, qualifications and experience
- Comprehensive medical and dental coverage, retirement benefits
- Family building benefits, including paid maternity/paternity leave
- 10 paid holidays and Paid Time Off
- Continued professional development opportunities and educational reimbursement
- Additional perks such as fitness reimbursements and employee discount programs
- Learn more about our benefit offerings here:
How we work:
At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.
And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.
Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.
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