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Senior Product Manager
- Vontier (Stow, OH)
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INTRODUCTION and WHAT YOU WILL DO (Job Responsibilities)
Sr. Product Manager position is responsible for writing the category product Strategy, designed to meet the evolving needs of our automotive technician customer while simultaneously supporting our franchisee partners in being successful store owners and operators. Product Strategy encompasses the product positioning attached to pricing, value proposition, differentiation, innovation, inventory and channel marketing. The KPI’s or measures of success include product category growth, revenue, profit margin, and key operational targets. The product manager is responsible for communicating the product strategy and vision to the broader organization, building aligned and creating synergy in the cross functional execution of the plan.
This position is based from our Stow, OH office, with a hybrid work schedule.
Key Responsibilities:
+ Develops, plans and executes a 3-5 year category product strategy that delivers the categories unique value proposition.
+ Responsible for the go to market tactics related to price positioning, profit planning, sales, margin, and expense forecast, product life cycle management, cost optimization and other leading indicators of category health.
+ Develops and executes new product pipeline. Components to include: Product Specifications for the targeted market; inventory requirements; three years unit sales; pricing; required capital expenditures; introduction schedule; Return On Investment; competitive comparisons; and the marketing plan and positioning strategy.
+ Responsible for development and execution of annual marketing plan in cooperation with Marketing Manager and Program Manager.
+ Maintains current knowledge of market trends, technologies, competitors, customer base, market size, channels of distribution, market share of product lines, industry trade associations and required product certifications for developing business in a targeted market segment.
+ In cooperation with Engineering and Operations, manages the product development process for both new and existing products across all market segments for assigned product lines.
+ Establishes market price of assigned products. Consults with channel managers, sales, finance and manufacturing for most effective and profitable pricing of products.
+ Liaise between sales, finance and supply chain for the development of product/promotion forecasts and financial forecasts for assigned lines.
+ Measure assigned product line performance against market via establishment of proxies, data collection process and analysis of said data.
+ Serve as a resource to Sales for product training and information and during sales and customer meetings.
+ Determines criteria used in product development. Incorporates customer voice in determining new product development criteria and product improvements for the product portfolio.
+ Obtains technical opinions and estimates of time and costs of product development and coordinates all activities relative to the product development process.
+ Design and execute a robust test and learn strategy associated with new product introductions or modifications.
+ Conducts competitive benchmarking activities and supplies appropriate analysis to the organization.
+ Responsible to ensure that product training efforts of internal and external customers are consistent with product positioning and value proposition.
WHO YOU ARE (Qualifications)
+ Bachelor's Degree.
+ 5-7 years of professional marketing / product management. Mobile automotive aftermarket industry experience and sales experience a plus.
+ MBA.
+ History of driving results by managing with vision and purpose using a self-developed strategic product line plan and detailed market segmentation.
+ Significant contribution to driving above market performance of product lines using commercialization tactics through a complex distribution network or a B2B2C model.
+ Experience in the planning, organizing and process management skills required to successfully complete multi-year projects involving engineering & manufacturing (insourced or outsourced), marketing communications and vendors in accordance with the approved product introduction date.
+ Managed product lines greater than $100M.
+ Strong business acumen.
+ Strong Storytelling ability. Ease of influence. Ability to communicate and present critical information to all levels of employees and customers. Engaging speaker.
+ The organizational agility, interpersonal and political savvy skills necessary to gain cooperation of several departments that do not report directly to the position.
Fit Factors:
+ Details matter - Quality first.
+ Effective Time Management.
+ Tenacity/Do What It Takes.
+ Results Count.
+ Continuous Improvement, Growth Mindset, Curiosity.
+ Sense of Urgency – quick to prioritize multiple tasks.
+ Flexibility – able to adapt to changing responsibilities.
+ Leadership and Teamwork/Create Followership.
+ Delegate and Hands-on.
+ Strategic and Tactical planning & execution of projects.
+ Details matter - Quality first.
+ Project Management Experience.
Vontier partners with you and your family on your health and wellness journey. Visit VontierBenefits.com to view our benefits. We offer a premium suite of health and wellness programs for you and your family, including medical, dental, vision, disability and life insurance. With programs for family planning from Maven Clinic to managing diabetes like Livongo, coverage for women's health, support for adult and elder care, paid parental leave, a generous 401(k) plan with matching company contributions, and more. Vontier is here for all stages of life. We also offer paid time off up to 120 hours, 12 paid holidays (including 4 floating holidays) per year and paid sick leave.*
**Disclaimer:** The salary, other compensation, and benefits information is accurate as of the date of this posting. Sick leave amount may vary based on state or local laws applicable to the applicant’s geographic location. The Company reserves the right to modify this information at any time, subject to applicable law.
Applicants must be legally authorized to work in the United States without company sponsorship now or in the future. We are unable to provide work visa sponsorship for this position.
WHO IS MATCO
Matco Tools, a wholly owned subsidiary of Vontier Corporation, is a distributor of quality professional automotive equipment, tools, and toolboxes. Matco began operation in 1946 and, since 1979, has sold products directly to professional mechanics, enthusiasts, and those who value quality tools through a network of independent franchised mobile distributors who operate in all 50 states, Puerto Rico, and Canada. Products are also sold to central purchasing operations and other institutional customers through industrial sales representatives and via the internet. Matco is a franchising company, a distribution company, a financing company, a manufacturer of industry leading toolboxes, and a leading supplier of automotive technology solutions employing approximately 600 associates in the United States, Puerto Rico and Canada. For more information on Matco Tools, visit www.matcotools.com .
BENEFITS
Annual bonuses/incentives (depending on position)
Immediate company benefits (medical, dental, vision, life, etc.)
401k with company match
401k defined contribution after 1 year of service
High level of employee engagement
Walking path and gym equipment onsite
Dress for your day - every day casual/jeans
Employee discounts
15 days vacation + 3 floating holidays + 10 paid holidays
Paid maternity & paternity leave
Tuition reimbursement
Student loan payment assistance
Hybrid work environment (2 days remote)
Annual Day of Caring for employees to volunteer
Discounts on tools
Annual team building events
WHO IS VONTIER
Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com .
At Vontier, we empower you to steer your career in the direction of success with a dynamic, innovative, and inclusive environment.
Our commitment to personal growth, work-life balance, and collaboration fuels a culture where your contributions drive meaningful change. We provide the roadmap for continuous learning, allowing creativity to flourish and ideas to accelerate into impactful solutions that contribute to a sustainable future.
Join our community of passionate people who work together to navigate challenges and seize opportunities. At Vontier, you are not on this journey alone-we are dedicated to equipping you with the tools and support needed to fuel your innovation, lead with impact, and thrive both personally and professionally.
Together, let’s enable the way the world moves!
\#LI-hybrid #LI-sr1
"Vontier companies are equal employment employers and evaluate qualified applicants without regard to race, color, national origin, religion, ancestry, sex (including pregnancy, childbirth and related medical conditions), age, marital status, sexual orientation, gender identity or expression, and other characteristics protected by law."
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