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- Tasks: Lead product management and drive profitable growth for innovative utilities products.
- Company: Join Crane Co., a historic and innovative leader in engineered flow control solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Make a real impact by managing exciting new product launches and strategies.
- Qualifications: Degree in a technical or business field with 5 years of product management experience.
- Other info: Dynamic work environment with a focus on inclusion and diversity.
The predicted salary is between 45000 - 55000 £ per year.
We currently have a vacancy for the role of Product Manager at our Hitchin manufacturing site. Reporting to the Business Line Manager, the successful candidate will assist in driving profitable growth for the Utilities product portfolios through the effective management of existing and proposed new products to support the strategic and operational objectives of the business.
The main duties of the Product Manager are to lead product management in 3 key areas of the business, namely:
- New product introduction through the Crane NPD process
- Management of existing product ranges
- Management of business model for existing and new product SKUs
Responsibilities include:
- Work closely and develop relationships with all departments to drive and manage all aspects of New Product development
- Assist in completing stage gate documentation
- Create a detailed product remit that includes a technical specification, target pricing, forecast sales, launch timeline
- Produce project plans and launch plans liaising with the Marketing Communications department for each project and ensure that all Technical, Sales, and Support literature is in place to launch the product successfully
- Assist with the development, analysis and reporting of VOC activities and data collection as requested
- Define the Business Model for a new product launch
- Monitor and analyse product range performance against sales and SP% targets to identify variances and take quick corrective action
- Understand market drivers, unique selling points (USP’s), positioning and differentiation
- Monitor market, competitor and industry trends and implement actions to take account of market opportunities or threats
- Develop and implement pricing strategy and tactics to maximize GP%
- Estimate the demand forecast of finished goods by analysing trends and seasonality patterns and update ERP (QAD) accordingly
- Estimate demand projections for a given timescale, generate reports and participate in the SIOP meetings to facilitate business decisions on inventory and manufacturing
- Monitor and maintain optimised inventory levels of finished goods stock and raw material stock in order to maximise inventory turns
- Assist in the preparation of annual Strategic and Operating Plans
The successful candidate will ideally be educated to degree level (or equivalent) in a technical and/or business management subject in combination with 5 years product management experience. Candidates should be able to demonstrate strong team working skills, project management experience and an innovative and proactive approach to their role. Experience within a manufacturing business would be an advantage.
We believe that embracing inclusion and diversity is key to our success and as such we are seeking applications from candidates who will contribute their different backgrounds, cultures and experiences to our business.
Product Manager in Hitchin employer: Crane Building Services & Utilities
Contact Detail:
Crane Building Services & Utilities Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Manager in Hitchin
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Product Manager role.
✨Tip Number 2
Prepare for interviews by researching the company and its products inside out. We want you to be able to discuss how your skills align with their needs, especially in product management. Show them you’re not just another candidate, but someone who truly understands their business.
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience and how it relates to the role. We suggest doing mock interviews with friends or using online resources to refine your delivery and boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Product Manager in Hitchin
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Manager role. Highlight your experience in product management, especially in new product development and market analysis. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit. Don’t forget to mention your understanding of market trends and product positioning.
Showcase Your Teamwork Skills: Since collaboration is key in this role, make sure to highlight any experiences where you've successfully worked with cross-functional teams. We love seeing candidates who can build relationships across departments!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Crane Building Services & Utilities
✨Know Your Products Inside Out
As a Product Manager, you’ll need to demonstrate a deep understanding of the products you'll be managing. Research the existing product ranges and any new products in the pipeline. Be ready to discuss their features, benefits, and how they fit into the market landscape.
✨Showcase Your Project Management Skills
Prepare to talk about your project management experience, especially in relation to new product introductions. Have examples ready that highlight your ability to create detailed project plans, manage timelines, and coordinate with various departments to ensure successful launches.
✨Understand Market Trends
Familiarise yourself with current market drivers and competitor activities. Be prepared to discuss how you would monitor these trends and implement strategies to leverage opportunities or mitigate threats. This shows you’re proactive and strategic in your approach.
✨Demonstrate Team Collaboration
Product management is all about collaboration. Be ready to share examples of how you've successfully worked with cross-functional teams in the past. Highlight your communication skills and how you build relationships to drive product success.