Product Manager
Location: Schiller Park
Posted on: June 23, 2025
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Job Description:
Position: Product Manager Location: Near Chicago, IL Duration:
Full Time / Direct Hire Job Description The Product Manager is
responsible for profitably growing a product portfolio by
developing, implementing and driving marketing/business strategies
and tactical action plans contributing to growth in market share
and size. This key position is focused on effectively utilizing
Client’s Toolbox of core business philosophies to manage the
lifecycle of multiple product lines, lead business growth
initiatives and champion new product development. The Product
Manager will collaborate with Marketing to develop lead generation
tools, programs and campaigns and with Global Sales Teams to
develop and support local growth strategies. Market Landscape:
Utilize Client’s core enterprise principles to identify and
allocate resources to maximize portfolio profitability and product
performance. Through research and market data understand our
customer needs and translate those needs into actionable pain
points and opportunities. Analyze and communicate sales trends for
given product lines using dashboards and tracking reports. Create
and implement annual growth plans and product strategy. Strategic
Marketing: Facilitate product line growth through strategic
marketing and initiatives. Convey value propositions for assigned
product lines to key market segments through marketing and
collateral. Develop initiatives and collaborate with commercial
leaders on product sales strategies and support execution. Generate
leads for assigned products. Create sales tools and playbooks.
Innovation: Build and maintain an innovation pipeline that supports
Client’s business strategies. Identify and prioritize new product
opportunities and growth market segments/applications based on
market knowledge and voice of customer data. Participate in New
Product Development Stage Gate process including: strategic fit,
competitive analysis, prioritized customer pain points, value
proposition, business case, key requirements, voice of customer
throughout the process, phase in phase out plan, feedback at
concept, alpha and beta stages and launch materials. Product
Portfolio Management: Manage a portfolio of products through the
development, commercialization, growth, maintenance, and
obsolescence stages Provide input to Engineering on improvements to
on-market products based on quality concerns, customer feedback and
market impact. Determine product pricing for all global regions
based on market research, production/material costs and anticipated
demand. Review margins for product lines and adjust pricing to
maximize OI. Provide product specific training to the sales team.
Qualifications Bachelor of Science or Engineering Degree. MBA is a
plus. 3-5 years Product Management experience. Ability to learn
about and manage a technical product portfolio. Previous experience
with industrial, scientific or instrumentation equipment is a plus.
Demonstrated ability to effectively lead business growth
initiatives and projects. Proven ability to identify and understand
market segmentation, to develop financial business justification,
and to deliver proposals to upper management. Experience developing
product line strategy including new product development roadmaps,
growth initiatives for existing products and product line
simplification. Experience championing new product development from
ideation to launch. Experience identifying unique value
propositions and writing marketing content for targeted market
segments. Strong team/project management, communication, and
presentation skills. Experience collaborating with a multinational
team a plus. Capable of effectively managing priorities and time
when provided with multiple projects, of varying magnitude, with
firm delivery dates. Up to 10% domestic or international
travel.
Keywords: , Downers Grove , Product Manager, PR / Public Relations , Schiller Park, Illinois
