At a Glance
- Tasks: Lead product management and drive profitable growth in manufacturing.
- Company: Join Crane Co., a historic and innovative leader in flow control solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace diversity and contribute to a collaborative team.
- Why this job: Make an impact in a dynamic environment with cutting-edge products.
- Qualifications: Degree in technical/business management and 5 years of product management experience.
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.
Manufacturing Product Manager in Watford employer: Crane Building Services & Utilities
At Crane Building Services and Utilities in Hitchin, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. Our commitment to employee growth is evident through comprehensive training programmes and opportunities for career advancement within our global organisation. With a strong focus on integrity and diversity, we offer a supportive environment where every team member can thrive and contribute to meaningful projects that drive our success.
Contact Details:
Crane Building Services & Utilities Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Manufacturing 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 us insider info and might just land you an interview.
✨Tip Number 2
Prepare for those interviews! Research Crane's products and their market position. We want to show that we understand their business and can contribute to their goals right from the get-go.
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. This will help us articulate our experience and how it aligns with the Product Manager role at Crane.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we can tailor our application to highlight how we fit the specific needs of the role.
We think you need these skills to ace Manufacturing 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 manufacturing, and showcase any relevant projects you've led. 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 tell us why you're passionate about this role and how you can contribute to our team. Be sure to mention specific experiences that relate to the responsibilities outlined in the job description.
Showcase Your Teamwork Skills:Since collaboration is key in this role, make sure to highlight your teamwork skills in your application. Share examples of how you've successfully worked with different departments to drive product development or manage projects.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity!
How to prepare for a job interview at Crane Building Services & Utilities
✨Know Your Products Inside Out
Before the interview, make sure you thoroughly understand the product portfolios you'll be managing. Familiarise yourself with the Crane NPD process and be ready to discuss how you would approach new product introductions and manage existing ranges.
✨Showcase Your Teamwork Skills
Since the role involves working closely with various departments, prepare examples of how you've successfully collaborated in the past. Highlight your ability to build relationships and drive projects forward through effective communication.
✨Prepare for Market Analysis Questions
Expect questions about market trends and competitor analysis. Brush up on current industry developments and think about how you would position products against competitors. Be ready to discuss your strategies for pricing and maximising profit margins.
✨Demonstrate Your Project Management Experience
Be prepared to talk about your project management experience, especially in relation to product launches. Have specific examples ready that showcase your ability to create detailed project plans, manage timelines, and coordinate with marketing and technical teams.