- The Product Portfolio Manager I will develop product strategies and roadmaps to drive sustainable growth and margin expansion for the Compressed Air & Gas Treatment product portfolio
- Accountable for driving sales and margin growth of the product category
- Execution will require strong leadership, drive and ability to guide and influence externally and internally within a matrixed organization
- Actively participate with cross functional teams including engineering, supply chain, sales and production to manage entire product life cycle and maintain customer satisfaction and business objectives
- Track key business performance indicators to identify and execute necessary countermeasure to achieving business/market goals to overcome obstacles or changes in market dynamics
- Responsible for leading multiple product lines (product, promotion, pricing, and channel) across the Compressed Air & Gas Treatment portfolio to drive sales and margin expansion
- Monitors sales and margin results and tracks and recommends appropriate actions
- Develop and manage the Compressed Air & Gas Treatment product portfolio strategy
- Lead the multi-generational product roadmap development process in line with division strategic plans
- Supports Winovation new product development process
- Defining customer requirements/needs and government & regulatory standards
- Support Global Product Platforms
- Ownership of product life cycle Management for the Compressed Air & Gas Treatment product portfolio
- Complexity analysis & reduction
- Manage product end-of-life cycle
- Apply POP (Parker Operating Principle)
- Support Simple by Design
- Participates in the development and implementation of appropriate response strategies
- Develops and leads IME strategies (existing product innovations/modifications/extensions)
- Develop product value propositions and be accountable for new product launches
- Investigates market needs for innovative products and works with Engineering to appropriately prioritize product development efforts for the product lines
- Support Customer Segmentation
- Conducts market research through trade associations, internet investigation and Corporate services
- Monitors competitors' position, action and products
- Maintain product literature, catalogs, technical bulletins, etc
- Manage competitive Cross-Over
- Attend customer visits, sales conferences, trade shows, as required
Attract, develop, & retain talent within the product manager function