Product Manager in Chester-le-Street

Overview Who We Are: As part of the Snap-on Tools team, you\'ll be joining an extraordinary company that has been the industry standard for over 100 years! People know Snap-on for the quality of our products, but we know that it is the passion and character of our people that make our company a global leader. With our diverse talents and deep pride in the Snap-on family of brands, we drive innovation and create value. We work hard together. We grow together. We are one Snap-on team. Working With Snap-on has Benefits!! Company-paid benefits include: Paid time off, vacation and paid holidays Market competitive compensation Retirement programs including 401(k) Plan with matching employer contributions Employee Stock Purchase Plan – annual optional enrollment period Basic dental, Basic life, Basic accidental death and dismemberment coverage Short term and long-term disability, Employee Assistance Program Business travel accident insurance Other health education programs, including smoking cessation, annual wellness screening and seasonal flu shot Bonus, incentives depending on position and level Base pay progression through lateral & promotional development on both managerial and technical career paths Tuition Assistance Plan Snap-on is rooted in the dignity of work. From our founding 100 years ago, we have been dedicated to this timeless principle. We celebrate this work and we celebrate our customers, the makers and the fixers, who perform day in and day out to move the world forward. Snap-on continually strives to be an employer of choice and offers a Great Place to Work. Responsibilities Position Summary: Responsible for global product management and marketing functions for specified product families (Hand Tools) and develop potential new categories and products. Identify and resolve brand and channel conflict. KEY TASKS: Manage brand, channel positioning, and establish pricing strategies for existing and next generation product families. Think strategically about categories not currently a part of our portfolio and take appropriate action. Gap Analysis – major initiatives to assess market, determine new category, product and business opportunities, conduct market research and analysis, evaluate business and profitability potential. Competitive Assessment – obtain and analyze competitor positions, product offerings, markets, and performance. Position Analysis – analyze and evaluate product position, channels, launch, timing, and other factors. Marketing Plans/Launch Plans – develop and implement product/regional specific plans that achieve market share/profit objectives. Manage Product Life Cycles – manage requirements necessary to execute all phases of the product life cycle from new product proposals to product discontinuance. Analyze product lines for life cycle changes and recommend strategies to affect life cycle conditions. Perform/Execute PDC requirements. New Product Innovation – lead teams or functions as senior member to ensure continuity of ideas from concept to profitable product offerings. Partner with supply base to lead new product development and implementation to ensure continuity of ideas from concept to profitable product offering. Drive supplier performance improvement in on-time delivery, quality, product cost, inventory and lead-time. Use corrective action process to manage supplier performance and hold suppliers accountable. Qualifications REQUIREMENTS: Bachelor’s degree in Marketing, Business Administration, or Engineering Thorough understanding of business operations and finance, MBA preferred 9-12 years of experience in a broad range of functions including; engineering design, manufacturing, marketing, distribution and sales Knowledge of the automotive and industrial industries, both domestic and international COMPETENCIES: Relationship Building – establishes rapport easily and develops and maintains a network of contacts Direct Persuasion – convinces others by presenting logical arguments and using language tailored to audience Analytical Thinking – breaks down complex problems or tasks to generate detailed plans Strategic Planning – Analyze changing conditions and create timely options to achieve competitive advantage. Develop broad, long-ranged objectives and plans that meet contingencies. Conceptual Thinking – can apply concepts and principles to draw conclusions based on diverse information Problem Solving – Utilize skills in correctly defining complex problems and developing viable solutions. Initiative – able to act in a self-directed way, by taking effective action before being directed. Technical Expertise – extensive or in-depth knowledge of Marketing systems and processes Flexibility – adapts easily to change Tenacity – sticks with a difficult task even when faced with obstacles or rejection Teamwork – works cooperatively with others #J-18808-Ljbffr