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ITW Snr. Product Manager in Glenview, Illinois

Magnaflux, a division of Illinois Tool Works (Fortune 250), is a leading worldwide supplier of magnetic particle, dye penetrant inspection equipment and associated chemical products used for applications within the Aerospace, Automotive, Oil & Gas and Energy markets.

As part of ITW, we think and act like entrepreneurs. We embrace autonomy, make decisions and take ownership to create innovative solutions for our customers all over the world.

With over 85 years in the industry, Magnaflux offers employees a competitive salary and comprehensive benefit package.

This role is not a director level role but reports to the Director of Innovation and Marketing. You will be responsible for the people management of a small team.

The Snr. Product Manager is a key position within the Innovation & Marketing Team at Magnaflux (a division of ITW). This position leverages first-hand understanding of customer needs, products, applications expertise, excellent communication skills, and leadership instincts to drive new product development activities and decisions that maintains the position of Magnaflux in the market as a premium supplier of NDT products.

The primary responsibilities of this role include working closely with cross functional teams and engaging with end-users/distributors to drive the new product development process, provide technical support for sales, and analyze cost/price to meet revenue and margin targets for the chemicals, capital equipment, and accessory product lines. This is achieved through customer and applications understanding via personal NDT experience and voice of the customer research. The role is also responsible for providing regular communication, support, and training to sales and distributors.

Essential Job Responsibilities:

  • Coordinate and participate in end-user & distributor interviews to understand pain points. Utilize this information to create a business case and clear value proposition to define new products for launch both Regionally and Globally.

  • Lead the innovation process through each stage gate with cross-functional departments

  • Identify and understand new technologies, and how they will affect the business (Electric Vehicles, Composite & Additive Mfg.). Execute appropriate next steps related to further market research and/or new product development.

  • Create product road maps for all product lines that include both short-term and long-term projects to achieve innovation growth targets.

  • Work with the Marketing Team to support and maintain marketing plans, advertising, and sales tools including brochures, product descriptions, application notes, web content, etc.

  • Lead cost/price analysis to set pricing and general sales policies for product lines to achieve expected margins and revenue.

  • Leverage aspects of the ITW Business Model – 80/20, USa, PLS and cost savings – in all aspects of product management and decision making.

  • Direct management of small team of Product Managers.

  • Additional duties and tasks as assigned.

  • Bachelor’s Degree in a related technical field and/or Engineering. Advanced technical or business-related degree an advantage.

  • 5-7 years of product management, marketing, and/or sales experience in a manufacturing company environment.

  • Excellent communication, interpersonal, and leadership skills.

  • Demonstrate an ability and willingness to make decisions regarding all aspects of the product line, with a strong preference for data-driven analysis.

  • Proven ability to deliver innovation pipeline and manage multiple product lines.

  • Must have a strong understanding and appreciation for industrial chemical products, B2B consumables sales, and product testing.

  • Passion for technology and innovation.

  • Demonstrated experience of selling and marketing in a global environment.

  • Strong attention to detail and organizational skills with the ability to manage multiple priorities independently.

  • Proficient in MS Office Word, Excel and PowerPoint. (Power BI and Salesforce experience preferred)

Working Conditions:

  • Daily interactions with a dynamic, enthusiastic, and diverse Divisional Product Team; with direct reports in the UK and USA.

  • Ability to travel up to 25% required both domestically and internationally. Additional travel may be required depending on product lifecycle and business requirements.

All your information will be kept confidential according to EEO guidelines.

ITW is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

We do not accept unsolicited resumes. To be considered an applicant, please apply online to a specific job posting.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please click here (hr@itwccna.com) for information on how to contact us directly.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

_All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws. _

ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

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