Product Manager - Non IT

Description

Hultafor Group North America is seeking mid‑career to experienced candidates to be part of our Product Management team in the Milwaukee, Wisconsin area. You will work with our experienced team to develop product solutions for our users. The Successful Candidate will be responsible for new product development for Hultafors Group North America, including brands such as Johnson Level, CLC Work Gear, and Hultafors Tools.

As a dynamic Product Manager you will develop new products in consumer goods and building materials, utilizing user‑driven product requirements to bring products to market for their assigned categories.

• Creating business cases and preparing project financials for new product development
• Building out 2‑3 year product development roadmap plans
• Assisting in the development of end‑user‑driven products from concept ideation to commercialization
• Driving development of operating instructions with our engineering team
• Working with domestic and international teams in a personal and virtual environment
• Ensuring on‑time completion of product design reviews and product collateral
• Assisting with setup of product/pricing information
• Monitoring category KPIs to ensure business plan targets are being met
• Supporting product improvements, addressing quality concerns, and seeking cost‑reduction opportunities
• Performing VOC and competitive shops to ensure product success

• New Product Development – Innovation
  • Build out 2‑3 year product roadmaps to address innovation launches and performance improvements, both financially and in use
  • Suggest product changes or improvements
  • Develop, source, or create new product innovation
  • Consider applicable resourcing of product to Strategic Purchasing
  • Build out transition plans to exit non‑productive or discontinued products
• Business economics for the managed market segment
  • Major cost and expense elements
  • Actions that most impact cost and profit, and how these economies compare with competitors
  • Operational costs that vary with volume
  • General operation costs that influence margin
• Compile competitive market information
  • Library competitor’s product offering and market strategies
  • Define market channels and margin structure
  • Research total market potential and market trends
• Define and present product and pricing for promotional programs
  • Highlight product features and benefits enabling Marketing to develop product catalogs, concepts for sell sheets and POPs
  • Perform market segment profitability analysis
• Facilitate sales revenue – identify good profit performers with high margins. Initiate action to:
  • Increase selling and promotional emphasis to gain immediate, high‑margin market share
  • Collaborate with and meet regularly with other business units to collect and share global market data, discuss new product ideas, and monitor competitive activity
  • Develop an annual product strategy map and a three‑year plan for the assigned market segment
• Support activity
  • Assist the sales team in presenting the product line and programs
  • Work with sales to select products for trade shows
  • Ensure promotional materials are in place and show personnel are trained on features and benefits of new products
  • Develop training material for employees, sales representatives and other groups

• Sales: Implement specific sales programs, ensure emphasis on assigned products, and obtain continuous, meaningful feedback from the marketplace. Work with Sales Managers to evaluate target accounts and achieve market penetration in specific channels.
• Production: Provide performance insights to manage productivity, product availability and product cost.
• Product Development: Provide market input and set priorities for new products. Work with Engineering to manage the NPD Phase Gate Process.
• Finance: Understand and manage business economics to obtain current, meaningful reports of cost structure and profitability on asset segments. Monitor results achieved on new product development.
• Marketing: Develop launch collateral with the Marketing team for new product launches and create promotional plans for existing product lines.
• Purchasing: Determine initial inventory level for new product launch and…