Product Manager - PSS Work Truck

Federal Signal; University Park (IL); On-site; USD 78,000 - 111,000; Full time

Job summary

Federal Signal in University Park, IL, seeks a Product Manager to own product direction, functionality, competitiveness and quality, coordinating multiple departments and acting as the non-technical expert for assigned lines.

You will manage full life cycle, set pricing, promotions, and report on progress, develop business plans, and drive profits across the product portfolio.

Qualifications

• 4-year degree in marketing, business or engineering; MBA preferred.
• Minimum 5 years experience in marketing or sales of technical products.
• Experience with electrical, electronic, or mechanical products is helpful.

Responsibilities

• Manage complete product life cycle from initial development through obsolescence.
• Establish product line positioning and pricing.
• Define and support all aspects of promotion for assigned products.
• Primary point of contact for all assigned products
• Report regularly on the status of all activities.
• Prepare business plans (AFEs) for new product development activities.
• Control gross profits of product line by monitoring cost of goods sold, labor, materials, equipment, and allocations, and coordinate projects established to adjust unsatisfactory variables.
• Manage all product List Prices, MAP prices, and promotional prices.

Skills

Cross-functional leadership

Project management

Verbal & written communication

Database management

Spreadsheet development

Sales/marketing tools

Electrical/mechanical knowledge

Education

Bachelor’s degree in marketing, business or engineering

MBA preferred

Tools

Sales/marketing database tools

Job description

The Product Manager is the champion and primary point of contact for all assigned products, with responsibility for product direction, functionality, competitiveness, and quality. Major task areas include: market analysis; development of objectives and strategies for products or services; and making decisions on functionality, price, promotion, channels, and customer service. The Product Manager constantly collects and synthesizes information, forecasts trends in competition and market conditions, and adapts product strategies and tactical decisions to market changes. The Product Manager coordinates the activities of all departments related to the success of assigned products. The Product Manager is the “non-technical expert” for the assigned product lines.

Key Activities/Responsibilities:

• Manage complete product life cycle from initial development through obsolescence
• Establish product line positioning and pricing.
• Define and support all aspects of promotion for assigned products.
• Primary point of contact for all assigned products
• Report regularly on the status of all activities.
• Prepare business plans (AFEs) for new product development activities.
• Control gross profits of product line by monitoring cost of goods sold, labor, materials, equipment, and allocations, and coordinate projects established to adjust unsatisfactory variables.
• Manage all product List Prices, MAP prices, and promotional prices.

Job Requirements:

• 4-year degree in marketing, business or engineering. MBA is preferred

Minimum 5 years experience in marketing or sales of technical products

Skills Needed for Success:

• Experience with electrical, electronic, or mechanical products is helpful.
• Good organizational and project management skills.
• Capable of managing multiple projects in a cross-functional team environment. Ability to integrate and lead support for technical product development.
• Strong verbal and written communication and presentation skills essential.
• Database management and spreadsheet development are required.
• Familiarity with sales/marketing database tools preferable.

Salary Range: $77,998 - $111,425 + Bonus Opportunity

Benefits of Employment

In addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.

About Us

Federal Signal in University Park is a leading manufacturer and supplier of comprehensive systems and products used to protect people and property. Our products and integrated solutions include systems for campus and community alerting, emergency vehicles, first responder interoperable communications, industrial communications, and command and municipal networked security. Specific products include: lightbars and sirens, public warning sirens and public safety software.

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Downers Grove, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: www.federalsignal.com

The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of, and will receive consideration for employment without regard to, race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, status as a protected veteran, or any other protected category, characteristic, or trait under applicable law.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.