Product Line Manager II
Parker Hannifin
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Benefits offered by this job
Job summary
Parker Aerospace is seeking a Product Line Manager I to direct a defined product portfolio across regions. You will drive strategy, roadmap, pricing and channel decisions, while coordinating with engineering, supply chain, sales and production to meet business goals and customer needs.
You will lead cross-functional teams, develop new product propositions and manage the lifecycle from conception through end-of-life, contributing to Parker’s mission of engineering breakthroughs and competitive
Qualifications
- Four-year degree, preferably in Engineering, Engineering Technology or Business; MBA desired.
- Minimum six (6) years product management experience.
- Minimum four (4) years of managerial/leadership experience managing product portfolios.
- Strong computer skills (Microsoft Office Applications, Salesforce).
- Strong verbal and written communication skills.
- Strong analytical skills.
- Demonstrated ability to organize and manage multiple priorities using problem solving and teamwork.
- Travel up to 25%.
Responsibilities
- Drive sales and margin expansion for a defined portfolio of products.
- Monitor sales and margins and take corrective actions.
- Develop and manage the product portfolio strategy.
- Lead multi-generational product roadmap development.
- Support new product development and government/regulatory standards.
- Own the product life cycle and portfolio management.
- Define customer requirements and support global platforms.
- Develop product value propositions and lead launches.
Skills
Education
Tools
Job description
At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers.
At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers. As a member of our team, you are instrumental in fulfilling our mission: 'Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.' Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker’s goal of addressing the world’s most pressing engineering challenges. At Parker, our team members belong, matter and make a difference. The vision of Gas Turbine Fuel Systems Division is to be the global leader in the design, development, manufacture, and service of engine fuel, lubrication, and thermal management systems and components for aerospace/defense and industrial applications. By leveraging our expertise in analysis, atomization, combustion, fluid metering, and control — coupled with enterprise excellence — we will exceed customer expectations and achieve our business objectives. The Product Line Manager I Directs a comprehensive product strategy from product conception through the entire life cycle for a product line typically within a single region within a division of a product group.
Directs a focused strategy for several product lines (product, promotion, pricing, and channel) within the Oil Conveyance Business Unit for GTFSD (Devens & Naples sites). This role requires 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 the product line (product, promotion, pricing, and channel) for a defined portfolio of products to drive sales and margin expansion
- Monitors sales and margin results and tracks and recommends appropriate actions
- Develop and manage the product portfolio strategy
- Lead the multi-generational product roadmap development process in line with division/business unit strategic plans
- Supports Winovation new product development process
- Defining customer requirements/needs and government & regulatory standards
- Support Global Product Platforms
- Ownership of the product life cycle Management of the 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 line;
- 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.
- Four-year degree, preferably in Engineering, Engineering Technology or Business discipline. MBA desired
- Minimum Six (6) years product management experience required
- Minimum Four (4) years of managerial / leadership experience managing product portfolios
- Strong computer skills (Microsoft Office Applications, Salesforce)
- Strong verbal and written communication skills
- Strong analytical skills
- Demonstrated ability to organize and manage multiple priorities using effective problem solving / resolution skills and a team focus
- Travel up to 25%
- Sales and Gross Margin/Net Manufacturing Margin for product portfolio
- Product Portfolio Complexity & Simplification
- Simple by Design Savings / Product Cost Out
- Aged and Obsolete Inventory for product portfolio
- New Product Launch Performance to Business Case
- Sale Price Index (SPI) - mature / End of life (EOL) products
- Product Vital index
In accordance with Parker’s policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.
This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.
- Pay Range: $113680 to $199055 annually
- Participation in Annual Incentive Program
- Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
- 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
- Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
- Career development and tuition reimbursement.
- Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
- Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
- Paid Time Off and Company-Paid Holidays.
The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. It is intended to describe the general nature of the position. Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations. (“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”) If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission
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