IDEX Product Manager - Indiana in Crawfordsville, Indiana

Title: Product Manager - Indiana

Business Unit: Banjo

Location:

150 Banjo Drive

Crawfordsville, Indiana, 47933

United States

Function: Marketing

Description:

Company

Banjo Corporation, located outside of Indianapolis, Indiana specializes in injection molding of glass reinforced polypropylene with an excellent reputation for high quality. We have been in business for over 55 years and pride ourselves with innovative designs, skillful engineering and precise manufacturing in a cohesive environment. Banjo is a business unit of IDEX Corporation.

IDEX (NYSE: IEX) is a companythat hasundoubtedly touched your life in some way. In fact, we make thousands of products that are mission critical components in everyday activities.If you or a family member is battling cancer or another life-threatening disease, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our IDEX Health & Science team at https://www.idexcorp.com/our-businesses/business-segments/health-science-technologies/ . You can enjoy fresh fruits and vegetables thanks in part to Banjo at https://www.idexcorp.com/business/banjo-corporation/ , an IDEX company. Banjo valves are used on the agriculture sprayers that apply fertilizer on crops. And if you were ever in a car accident, the Hurst Jaws of Life® at https://www.idexcorp.com/business/hurst-jaws-life/ /LUKAS® tool may have rescued you.

Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family.With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. For more information, visit www.idexcorp.com at http://www.idexcorp.com/ .

Summary

The Product Manager leads and manages all aspects of the company’s product portfolio by executing product, pricing, placement, and promotional strategies.

Major Tasks and Responsibilities

  • Drive product portfolio leadership, development, and execution in support of strategic goals

  • Formulate, execute, and maintain product line strategies, product plans, and project hopper roadmaps by understanding customer requirements and translating that insight into compelling business cases

  • Develop market insight by understanding changing market dynamics; including emerging technologies, evolving customer wants and needs, and a changing competitive landscape;applying learnings to NPD effort, 8020 discipline, and channel strategies

  • Investigate, select, and drive the development of new products utilizing company’s product development process, serving as commercial champion on project teams

  • Reduce / rationalize product line complexity via 8020 principles

  • Determine new product pricing and manage and optimize pricing of product portfolio with keen understanding of interrelationships among product lines, market factors, and growth and margin goals

  • Work closely with engineering team to facilitate new product development and sustaining product management efforts

  • Support sales team in commercial initiatives, pricing strategies, and channel and customer matters

  • Administer Sales, Inventory, and Operations Planning (SIOP) using various internal sales, market, and production data as well as forecast tools to optimize operational efficiency and reduce customer lead times

  • Conduct financial analysis to support new product development strategy, commercial initiatives, and other related activities

  • Create entire spectrum of sales tools and collateral (customer value proposition, sales and data sheets, white papers, customer case studies, demos) to communicate product value propositions

  • Work closely with others on the marketing team to craft, design, and implement marketing strategy and initiatives including promotional and marketing efforts, social media, training programs, trade show strategy / implementation, annual catalog and price book development, and website management

Travel:

Approximately 25%

Qualifications:

Skills and Experience

Required:

  • Bachelor’s degree

  • Minimum three years of product management and/or marketing experience

  • Experience developing new products

  • Excellent written and verbal communication skills

Preferred:

  • MBA

  • Engineering / technical background, specifically in valves and fluid management systems

Ideal candidate Traits and Skills:

Bias to action; executes to completion; able to work across organizational boundaries; comfortable managing numerous activities across a broad range of responsibilities and disciplines; able to manage and reduce complexity; comfortable with ambiguity; strong technical problem-solver, strong business, financial, and analytical acumen; able to deftly lead cross-functional teams (particularly technical staff); embraces strategic marketing concepts; uses project management tools; uses hard data and metrics to back up assumptions and concepts; ability to think strategically and tactically; excellent communicator.

IDEX is an equal opportunity employer Minorities/Females/Protected Veterans/Disabled

REQ ID: 1948