Product Manager in Watford

Product Manager in Watford

Watford Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • 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 36000 - 60000 Β£ 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

Crane Building Services and Utilities offers an exceptional work environment at our Hitchin manufacturing site, where innovation meets tradition. As a Product Manager, you will thrive in a culture that values collaboration and integrity, with ample opportunities for professional growth and development. Our commitment to diversity and inclusion ensures that every employee's unique perspective is valued, making it a rewarding place to build your career.
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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 us insider info and might just land you an interview.

✨Tip Number 2

Prepare for those interviews! Research the company, understand their products, and think about how your experience aligns with their needs. We want to show them that you're not just a fit, but the perfect fit!

✨Tip Number 3

Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more we practice, the more confident we'll be when it counts.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us that you’re genuinely interested in being part of the Crane team.

We think you need these skills to ace Product Manager in Watford

Product Management
New Product Development
Technical Specification Creation
Project Planning
Market Analysis
Sales Forecasting
Business Model Definition
Pricing Strategy Development
Inventory Management
Team Collaboration
Data Analysis
Communication Skills
Strategic Planning
Problem-Solving Skills

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 for our team. 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 Crane family!

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 and Competitors

Familiarise yourself with current market trends and competitor offerings. Be prepared to discuss how you would monitor these trends and implement strategies to leverage market 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 across departments.

Product Manager in Watford
Crane Building Services & Utilities
Location: Watford
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