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For Companies At a Glance
- Tasks: Lead product management and drive growth for innovative utilities products.
- Company: Join Crane Building Services, a historic leader in engineered flow control solutions.
- Benefits: Enjoy a full-time role with opportunities for professional growth and collaboration.
- Why this job: Be part of a dynamic team that values innovation, integrity, and diversity.
- Qualifications: Degree in a technical or business field with 5 years of product management experience required.
- Other info: Ideal for proactive individuals eager to make an impact in a manufacturing environment.
The predicted salary is between 28800 - 48000 £ 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 and management of business model for existing and new product SKUs.
Responsibilities
- Work closely and develop relationships with all departments to drive and manage all aspects of New Product development
- 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 (USPs), positioning and differentiation
- To 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.
ABOUT US
Crane Building Services and Utilities (BS&U) is part of the Fluid Handling Division of Crane Co. founded in 1855, which is a global, multi-industry, New York Stock Exchange quoted company. We design, manufacture, package and market engineered flow control solutions for the HVAC and Utility sectors, with strong sales into key growth export markets.
The name Crane speaks of who we are, what we stand for and how our customers perceive us: A company with history and tradition, but also a company that is innovative, quality minded and one which acts with integrity and still holds to the resolution of its founder.
Crane Co. was founded on 4th July 1855 by Richard Teller Crane who made the following resolution:
\”I am resolved to conduct my business in the strictest honesty and fairness; to avoid all deception and trickery; to deal fairly with both customers and competitors; to be liberal and just towards employees; and to put my whole mind upon the business.\”
The essence of this resolution is the business policy of Crane Co. today.
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.
Seniority level
- Associate
Employment type
- Full-time
Job function
- Product Management
Industries
- Manufacturing and Utilities
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Product Manager 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
✨Tip Number 1
Familiarise yourself with Crane's product portfolio and recent developments in the Utilities sector. Understanding their current offerings and market position will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with current or former employees of Crane Building Services & Utilities on platforms like LinkedIn. They can provide valuable insights into the company culture and expectations for the Product Manager role.
✨Tip Number 3
Prepare to discuss your experience with new product development and project management. Be ready to share specific examples of how you've successfully launched products or improved existing ones, as this is a key responsibility of the role.
✨Tip Number 4
Stay updated on industry trends and competitor activities within the manufacturing and utilities sectors. This knowledge will not only help you in interviews but also demonstrate your proactive approach to the role.
We think you need these skills to ace Product Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product management, especially in manufacturing. Emphasise your project management skills and any innovative approaches you've taken in previous roles.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the responsibilities listed in the job description. Mention specific examples of how you've successfully managed product launches or improved product performance.
Showcase Your Technical Knowledge: Since the role requires a technical background, include any relevant qualifications or experiences that demonstrate your understanding of product specifications, market analysis, and pricing strategies.
Highlight Team Collaboration: The job involves working closely with various departments. Provide examples in your application of how you've effectively collaborated with teams to achieve product goals or resolve challenges.
How to prepare for a job interview at Crane Building Services & Utilities
✨Understand the Product Lifecycle
Familiarise yourself with the entire product lifecycle, especially in a manufacturing context. Be prepared to discuss how you would manage new product introductions and existing product ranges, as this is crucial for the role.
✨Showcase Your Analytical Skills
Be ready to demonstrate your ability to analyse market trends and product performance. Prepare examples of how you've used data to make informed decisions in previous roles, particularly regarding pricing strategies and demand forecasting.
✨Emphasise Cross-Department Collaboration
Highlight your experience in working closely with various departments, such as marketing and sales. Discuss specific instances where your collaboration led to successful product launches or improvements in product management.
✨Prepare for Behavioural Questions
Expect questions that assess your team working skills and project management experience. Use the STAR method (Situation, Task, Action, Result) to structure your responses and provide clear, concise examples from your past experiences.
