Product Manager, Bolting
Enerpac Tool Group
Date: 1 week ago
City: Cramlington
Contract type: Full time
Overview
ENERPAC TOOL GROUP - Who we are?
Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC.
For further information on Enerpac Tool Group and its businesses, visit the Company's website at https://www.enerpactoolgroup.com/.
Summary - Basic Function Of The Role
As a Global Product Manager, you will lead product management for the hydraulic bolting product portfolio, as well as new torque and tensioning products as the portfolio expands. Leveraging a deep product management toolkit, the Product Manager will be responsible for the overall end-to-end product lifecycle, including customer research/discovery, product vision and strategy, roadmap refinement, requirements gathering, development to product launch, Go-to-market strategy and business performance. He or she will have end-to-end accountability for the growth and commercial success of the product line functioning as a strategic business leader. He/she will also work closely with other Marketing teams, R&D, Operations and the Commercial team, influencing and collaborating to implement product strategies and to improve the business performance.
Job Duties And Responsibilities
ENERPAC TOOL GROUP - Who we are?
Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC.
For further information on Enerpac Tool Group and its businesses, visit the Company's website at https://www.enerpactoolgroup.com/.
Summary - Basic Function Of The Role
As a Global Product Manager, you will lead product management for the hydraulic bolting product portfolio, as well as new torque and tensioning products as the portfolio expands. Leveraging a deep product management toolkit, the Product Manager will be responsible for the overall end-to-end product lifecycle, including customer research/discovery, product vision and strategy, roadmap refinement, requirements gathering, development to product launch, Go-to-market strategy and business performance. He or she will have end-to-end accountability for the growth and commercial success of the product line functioning as a strategic business leader. He/she will also work closely with other Marketing teams, R&D, Operations and the Commercial team, influencing and collaborating to implement product strategies and to improve the business performance.
Job Duties And Responsibilities
- Work closely with functional leaders to develop and implement growth strategies to drive product profitability, volume, mix, market share improvement and price globally.
- Going beyond the traditional focus of timetables and budgets you will use your keen insights into what customers want in their own business plan - and work across disciplines to build the best solutions for our customers’ toughest challenges
- Identify, consolidate, and transform VoC (Voice of Customer) inputs into new business opportunities, including NPD (new product development), existing product optimization, and user experience.
- Proactively gather and interpret competitor and market information, conducting market research to identify and define emerging new product and product adjacency opportunities.
- Use a combination of customer data, market research and industry knowledge to prioritize new opportunities into an aggressive roadmap that balances new functionality, strategic initiatives, improvements, and technical costs.
- Define product positioning in the marketplace considering how target customer segments benefit from our products relative to competition.
- Coordinate product launches across functions, working closely with marketing communications, engineering, sales and operations.
- Own business success in ramp-up phase after new product launches, ensuring cross-functional alignment and tracking of sales progress.
- Develop Enerpac’s competitive packages for different Industrial applications / customer segments as a playbook for sales.
- Connect with key customers and other business partners on a senior level (e.g. suppliers of traded products) to enhance business relationships and grow our business.
- Position may require travel up to 50% of the time to support multiple global and regional facilities.
- A customer-centric focus on how to deliver business value with a keen understanding of the key drivers for our industrial and/or construction customer’s business
- Strong background in Product management. Experience or high exposure to industrial products in global, B2B, construction and manufacturing markets is strongly preferred.
- Experienced in gathering voice of customer data and insights from end users.
- Understanding of markets, distribution channels, OEM requirements, and brand strengths
- Proven ability to lead and inspire through influence, across a matrixed organization to drive buy-in and business results
- Proven ability work with large enterprise customers and executives.
- Proven ability to work with sales and sales engineering teams.
- Proven ability to manage an effective go to market strategy
- Sustained record of self-motivated industrial/manufacturing sales or marketing achievements.
- Experienced in assisting the sale and promotion of products in the field.
- Excellent analytical and quantitative skills; ability to use data and metrics to make recommendations and measure success.
- BS/BA degree in Business, Engineering, relative technical field or equivalent previous experience., Masters of Business Administration (MBA) preferred
- Minimum of 5-7 years experience in a (relevant) marketing, engineering and/or sales role; with strong background in Product management.
- Experience or high exposure to industrial products in global construction and manufacturing markets is strongly preferred; sustained record of self-motivated industrial/manufacturing sales or marketing achievements.
- Experienced in assisting the sale and promotion of products in the field.
- Experienced in gather voice of customer from end users.
- Knowledge of hydraulic bolting systems, components, applications, and operations preferred
- 25 days annual leave plus statutory days
- Employer Pension Contribution
- Life Assurance
- Company Bonus Scheme
- Hybrid work model of 3 days in the office.
- Engagement with Employee Resource Groups which can provide leadership and networking opportunities.
- Community Outreach programs embedded in the Company’s culture.
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