Product Manager (Bearings Industry)
Charlotte, NC
Full Time
Experienced
Solve Industrial Motion Group is a global manufacturer of bearings and power transmission parts. Solve’s brand portfolio includes P.T. International, IPTCI Bearings, LMS Bearings, TRITAN Precision Power Transmission Components, SST, MasterDrive and SPB. Collectively, they represent more than 100,000 products available from nine locations nationwide. Our unmatched dedication to quality materials and manufacturing processes, rigorous quality control, and end-to-end support and service have helped us grow to become a trusted supplier to high-performance industries worldwide. Our team members are knowledgeable “go-to” resources for power transmission products, support, and advice that keeps our customers’ businesses moving forward.
POSITION DESCRIPTION: Reporting to the VP of Strategy & Product Management, the Product Manager is responsible for managing the entire product life cycle, including new product development, pricing, go-to market strategy and sales forecasting. In this role, the ideal Product Manager will utilize their industry knowledge, business acumen, and analytical skills to consult with the Sales team, to ensure our products are in alignment with our current and prospective client’s needs. You will thrive in this role by creating and implementing innovative and progressive strategies in product management and development, as well as marketing and delivery, yielding increases in sales and overall company growth. **This position can sit remote, with a commitment to work travel, as needed.**
RESPONSIBILITIES:
POSITION DESCRIPTION: Reporting to the VP of Strategy & Product Management, the Product Manager is responsible for managing the entire product life cycle, including new product development, pricing, go-to market strategy and sales forecasting. In this role, the ideal Product Manager will utilize their industry knowledge, business acumen, and analytical skills to consult with the Sales team, to ensure our products are in alignment with our current and prospective client’s needs. You will thrive in this role by creating and implementing innovative and progressive strategies in product management and development, as well as marketing and delivery, yielding increases in sales and overall company growth. **This position can sit remote, with a commitment to work travel, as needed.**
RESPONSIBILITIES:
- Accountable for the division’s sales growth and profitability
- Stay abreast of evolving industry and market trends, as well as potential gaps in current Solve product offerings, and subsequently make strategic recommendations to guide company leadership for future product development, implementation and expansion through acquisition
- Work closely with the Marketing Department to identify, participate, facilitate and host industry related events, such as: trade shows, networking events and speaking engagements to continue to position Solve as a leader in the industry and promote our products
- Partner with the Marketing Department to create Solve collateral which is representative of our company’s vision and mission, and relevant to industry specific events
- Create and implement competitive pricing options for current and future customers, with an emphasis on increasing market share and positioning Solve for long term profitability
- Partner with Solve’s Application Engineers to organize and host product training sessions for current and prospective customers and continuously enhance product knowledge internally, acting as a subject matter expert for Solve’s products
- Communicate the status of any current and future projects, related to product expansion and implementation to the organization
- Bachelor’s degree in business administration or related Degree
- 10+ years of bearings and/or power transmission industry experience
- Experience managing a P&L
- Intermediate Microsoft Office skills, specifically Excel
- This position requires 25% travel, both domestic and international, and requires a valid US Passport
- MBA
- Bilingual
- Market competitive benefits package, including company-sponsored health coverage, life insurance, 401(k) plan with company match, paid parental leave and paid time off
- Work in a collaborative environment with passionate and innovative teammates
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