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Global Product Manager - Grid Solutions

Global Product Manager - Grid Solutions

Franklin ElectricMadison, Dane / Wisconsin, US
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Description

This position with Franklin Grid Solutions provides an opportunity to work with a highly committed and successful team in a fast- paced, global environment where we deliver customer focused solutions. Your career at Franklin will be well rewarded with competitive compensation and benefits and more. We understand a fulfilling family life is the foundation to a successful professional one. We strive to promote from within and help every employee realize their professional potential.

GENERAL DESCRIPTION OF POSITION

For the assigned products and their respective markets, responsible for overall product management including, but not limited to, providing strategic direction and business development of the product portfolio, leading project management efforts for specific segments of the product line, forecasting, financial analysis, identifying product needs, working across functions to develop new products and manage the product development road map, understand competition, overseeing product design and application engineering as needed, and providing sales, customer service and technical support.

Key Responsibilities

  • Play integral role in assuring the Franklin 5 Key Factors – Quality, Availability, Service, Innovation, and Cost are effectively maintained for assigned products.
  • Drives product line business development, strategic direction and maintains product development road map. Also defines new product opportunities and develops robust business cases in support of new product development projects.
  • Leads and prioritizes product line related projects and project team activities including new product development, quality improvement, and value improvement projects.
  • Perform constant customer need assessments while understanding the competitive landscape in order to direct strategic actions that will improve market position and profitability.
  • Analyzes new product requests, conducts pricing research and competitor research to manage products and product lines.
  • Manages existing product line based on forecast, performance, and profitability, while implementing required changes or modifications.
  • Identifies opportunities to achieve corporate sales goals, objectives, and action plans. Seeks new customer opportunities and maintains current customer relationships while achieving corporate goals.
  • In conjunction with the market development manager, analyzes the market to clearly understand and position the product line in the marketplace while identifying potential acquisition targets.
  • Develops short- and long-term forecasts, budgets, inventory plans, strategies and marketing programs required to meet sales objectives.
  • Attend market specific trade shows, state and regional shows, and territory seminars and report on key trends, customers, competitors, market drivers and technologies. Travel requirement up to 10%.
  • Works with the marketing communications team to ensure that marketing tools such as collateral, packaging, catalogs, Internet presence, etc., meets customer needs.
  • Supports various company departments regarding specific product line information including but not limited to Sales, Customer Service and Technical Services teams.
  • Performs other related duties as required or assigned.

Skills Knowledge and Expertise

  • 3-5+ years of technical Product Management experience.
  • Ability to demonstrate complete ownership of the new product development experience, including forming a project team, obtaining voice of customer, launching a product that meet target dates, sales trajectory and profitability expectations.
  • Strong leadership, communication, interpersonal and management skills.
  • Experience in developing and executing a business strategy including organizing a financial analysis and providing an executive level summary presentation.
  • Strong business development and analytical skills to formulate product line strategies
  • Thrive working in a truly global, and fast paced work environment
  • Works effectively leading cross functional teams including both technical and commercial resources
  • Knows arithmetic, algebra, geometry, statistics, and their applications
  • Deals with problems involving several known variables in situations of routine nature and can make a recommendation on path forward to resolution
  • Analyzes information and evaluates results to choose the best solution and solve problems
  • Identifies the underlying principles, reasons, facts, or information by breaking down information or data into separate parts
  • Effectively communicates information and responds to questions in person-to-person and small group situations with customers, clients, the public, and other employees of the organization
  • Maintains confidentiality and uses discretion with business information
  • Reads and understands documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals
  • Writes routine reports and correspondence
  • Utilizes common-sense understanding to carry out written, oral, or diagrammed instructions
  • Plans the time, method, manner, and / or performance sequence of own work; may also occasionally assist in planning work assignments performed by others within a limited area of operation
  • Frequently making decisions of both minor and major importance, which may affect the work operations of other employees
  • Manage excess and obsolete material and make recommendations for use or disposition with supporting evidence

    • Education and Experience

  • Bachelor’s degree in Marketing, Engineering, or related field required, MBA a plus.
  • Three to Five Years of experience in Product Management / Project Management required.
  • Experience with utilities, telecommunication or data center market is a plus.

    • Computer Skills

    Intermediate / Advanced :    Excel, PowerPoint

    Location & Work Arrangement

    This is a full-time, onsite position based in Madison, WI. Remote or hybrid work arrangements are not available for this role.

    Franklin Electric is a global leader in water and energy systems, committed to continuous improvement and innovation to meet the diverse needs of our customers. Our founders in 1944 named the company after America’s pioneer electrical engineer, Benjamin Franklin, which lives on today in our culture to drive us to push boundaries and create meaningful change. We offer a comprehensive range of pumps, motors, drives, and controls for residential, commercial, agricultural, industrial, and municipal applications.

    More than just a workplace, Franklin Electric is a vibrant and inclusive community of forward-thinkers, united by our mission to drive positive impact worldwide. Our culture fosters career growth and personal development, with a focus on promoting from within and nurturing talent. Our recent awards in “America's Most Responsible Companies”, “Most Trusted Companies” by Newsweek, “America’s Climate Leaders” and “Indiana’s Best Places to Work” attest, we're dedicated to upholding the highest standards of corporate responsibility.

    At Franklin Electric, we believe that everyone deserves to be treated fairly and respectfully, and that our diversity of thought, culture and experience makes us a stronger company. Our commitment to social responsibility is evident in programs like the Franklin Women's Network and our philanthropic efforts through the Franklin Wells for the World Foundation. Through these endeavors, we've provided clean water to over 284,000 people in 12 countries, addressing the global water crisis head-on,

    Locally in our communities, the Franklin Electric Charitable and Educational Foundation (FECEF) supports causes close to our hearts, such as United Way, Boys & Girls Club, and Big Brothers Big Sisters. Our dedication to excellence extends beyond our products and services, shaping a brighter future for both our employees and the communities we serve. Join us in driving meaningful change and making a difference with Franklin Electric.

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    Global Product Manager • Madison, Dane / Wisconsin, US