Product Manager - Technical Products
Federal Signal Corporation
Mid-level
$78.0k - $111.4k YEARLY
University Park, IL, US
Posted 2 months ago
Job summary
The Product Manager at Federal Signal Corporation is responsible for managing the product lifecycle from development through obsolescence. The role requires market analysis, pricing strategies, and coordination across departments to ensure product success. Candidates should have at least 5 years of experience in marketing or sales of technical products.
Role details
- Role
- Full-time
- Industry
- Manufacturing And Production
- Employment
- Fulltime
- Experience
- 5 Years +
- Education
- 4-year Degree In Marketing
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
- Report regularly on the status of all activities
- Prepare business plans for new product development activities
- Control gross profits of product line by monitoring cost of goods sold
- Manage all product List Prices, MAP prices, and promotional prices
Requirements
- 4-year degree in marketing, business or engineering
- Minimum 5 years experience in marketing or sales of technical products
Benefits
- annual bonus potential
- insurance (life, medical, dental, vision)
- paid holidays
- paid vacation
- 401(k) with matching contributions
- tuition reimbursement
Key skills
Product Management
Market Analysis
Organizational Skills
Project Management
Communication Skills
Presentation Skills
Computer Skills
Database Management
Spreadsheet Development
Sales Database Tools
Technical Product Development
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- 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.
- • $, Benefits of Employment
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:
\-year degree in marketing, business or engineering. MBA is preferred
Minimum years experience in marketing or sales of technical products (preferably vehicle related).
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.
Strong computer skills, including MS Office
Database management and spreadsheet development are required.
* Familiarity with sales/marketing database tools preferable.
Salary Range: $, \
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, (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 , 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. If you require reasonable accommodation in the application process, contact Human Resources at [email protected]. All other applications must be submitted online.
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.