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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 optimising existing ranges.
- 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 Watford 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 Watford
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Crane. Building relationships can give you insider info and might just land you an interview.
✨Tip Number 2
Prepare for those interviews by knowing your stuff! Research Crane's products and recent developments. Show us that you understand the market and can bring innovative ideas to the table.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources. The more comfortable you are talking about your experience and skills, the better you'll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in joining the Crane team.
We think you need these skills to ace Product Manager in Watford
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 this role and how your background makes you a perfect fit. Don’t forget to mention your understanding of market trends and product positioning.
Showcase Teamwork and Leadership: We value strong team players! In your application, share examples of how you've successfully collaborated with different departments or led projects. This will show us that you can drive product management effectively across the business.
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 at Crane!
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 product portfolio. Research existing products and any new ones in the pipeline. Be ready to discuss their features, benefits, and how they fit into the market landscape.
✨Showcase Your Project Management Skills
Prepare examples of past projects where you successfully managed product launches or improvements. Highlight your experience with stage gate documentation and project planning, as these are crucial for the role.
✨Understand Market Trends
Familiarise yourself with current market drivers and competitor strategies. Be prepared to discuss how you would monitor these trends and implement actions to leverage opportunities or mitigate threats.
✨Demonstrate Team Collaboration
Product management is all about teamwork. Think of examples where you’ve worked closely with different departments, like marketing or sales, to achieve a common goal. Show that you can build relationships and drive collaboration across teams.