layiq
/la·yiq/adjective
worthy; deserving; fitting; suitable.
A role, opportunity, or path that merits attention, time, and pursuit.
Loading LAYIQ…
Job opportunity
Product Manager
Glenview - 60025 - Corporate
Source: Illinois Tool Works careers · View original posting
- Pay
- $93,000 — $110,000 USD per year
- Employment
- full time
Employer job description
From Illinois Tool Works's posting. “We” and “our” refer to the employer.
Job Description:
Company Overview
ITW Specialty Films designs, manufactures and markets specialized coated and/or metalized, films for the Consumer Packaging, Financial Card, Medical Specialty Bag and Security Identification markets. The division leverages unique core competencies and technologies in films, foils, laminates, holography and transfers to address customer needs globally.
Position Summary
ITW Specialty Films is seeking a Product Manager to lead the growth, strategy and performance of our Financial Card product segment within our global portfolio. This role is ideal for an individual with 3-5 years of product management or related experience who can operate independently, drive strategic initiatives and take ownership of product line performance.
The Product Manager will partner closely with Sales, R&D, Operations and Marketing to define and execute product strategies, lead new product development initiatives and deliver profitable growth. This individual will play a key role in translating customer and market insights into actionable product plans while managing the product portfolio through its lifecycle.
Key Responsibilities
- Product Strategy & Portfolio Management
- Develop and execute product line strategies aligned with business objectives.
- Own product portfolio management including lifecycle planning, prioritization, expansion and rationalization.
- Define and refine product value propositions and competitive positioning within the financial card market.
- Lead strategic initiatives to expand market share, profitability and customer value.
- Analyze product line performance and recommend actions to improve revenue, margin and growth.
- Market & Customer Insights
- Analyze market trends, customer needs and competitive dynamics to identify growth opportunities.
- Gather and translate Voice of Customer (VOC) insights into product strategies and innovation initiatives.
- Refine market segmentation and targeting strategies.
- Conduct customer visits and engage in customer discussions to validate needs and opportunities.
- Convert customer, market and competitive insights into actionable business recommendations and product roadmaps.
- New Product Development
- Lead new product development initiatives utilizing the ITW Customer-Back Innovation process.
- Develop business cases, product requirements, validation plans and commercialization strategies.
- Drive projects through the stage-gate process while partnering with cross functional teams.
- Ensure successful and timely launch of new products with strong market adoption.
- Go-to-Market & Commercial Execution
- Develop and execute go-to-market strategies for new and existing products.
- Partner with Sales to create product messaging, tools, training materials and launch plans.
- Support customer presentations and product commercialization initiatives.
- Drive product adoption and customer engagement.
- Business Performance & Pricing
- Monitor revenue, margin, market share and profitability performance.
- Develop and execute pricing strategies.
- Analyze business performance and identify opportunities to improve profitability and growth.
- Support annual planning and strategic growth initiatives.
- Cross Functional Leadership
- Build and influence alignment among Sales, Operations, R&D, Supply Chain and Marketing.
- Drive accountability and execution across complex initiatives.
- Support other projects and initiatives as assigned.
- Education & Experience
- Bachelor's Degree in Marketing, Business, Engineering, or related field.
- 3-5 years of experience in Product Management, Marketing, Product Development, Engineering, or a related field.
- Experience managing products through the product lifecycle from concept through commercialization.
- Experience gathering and applying customer and market insights including Voice of Customer (VOC) to drive business decisions.
- Strong analytical, strategic thinking and business acumen including pricing, profitability and business case development.
- Demonstrated ability to influence cross functional teams and drive execution.
- Strong communication, presentation and project management skills.
- Demonstrated leadership mindset with high initiative and accountability.
- Proficiency with Microsoft Excel, PowerPoint and Word.
- Willingness to travel approximately 20% domestically and internationally.
- Preferred
- Experience in B2B, industrial, manufacturing, specialty materials, or related markets.
- Experience working in a global, matrixed organization.
- Familiarity with stage-gate or structured innovation processes.
Compensation
Compensation Information:
We believe our people are our greatest asset. That’s why we invest in creating an environment where you can thrive both personally and professionally. For more details, visit our Benefits page.
In addition, our benefits include paid vacation, sick, holiday and parental leave. Base salary range for this position is $93,000-$110,000. This position is also eligible to participate in the bonus incentive program. Please note that this salary information serves as a general guideline. Company considers various factors when extending an offer including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
Employer application notice
Equal opportunity and accommodations
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
About this listing
LAYIQ is an independent job-discovery service. This listing does not imply a partnership with or endorsement by the employer. Review the original posting for current details and availability.
Employer posted:
Listing check
- Employer posted
- · 53 days ago
- Status
- Listed as a current opening
- Apply goes to
- Workday, the employer's hiring system
How to spot a ghost jobGhost Job Checker: check another job link
The checker shows whether the employer still lists a job.