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IDEX Product Manager, Transportation in Denver, Colorado

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.

With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you.

Founded in Denver, Colorado in 1937, BAND-IT is acknowledged as the global market leader in high quality engineered fastening systems for harsh duty applications. At BAND-IT, a unit of IDEX Corporation, we continuously strive to be the world’s best engineered fastening solutions company by focusing on building a dynamic, highly skilled global team. If you are striving for career growth in a results oriented environment that truly cares about your success, then BAND-IT may be the place for you. This is an incredibly exciting time of ambitious growth for BAND-IT as we continue to build upon our existing invaluable resources with new technologies, competencies, and talent to ensure our sustainable success.

The Product Manager, Transportation is responsible for providing the business critical information and support as it relates to price, product, promotion, place, and people for the industry segment. This role will be a key contributor to the global strategic plan of obsession toward solving customer problems, aligning strategy and tactics based on competitor moves and embracing 80/20 to intensely focus on the things that matter most to our success.

SUMMARY OF JOB RESPONSIBILITIES :

The Product Manager, Transportation will develop plans to ensure revenue, profitability and customer satisfaction targets are met. They will champion and implement all new product and market strategies while determining the most effective and successful approach to growing the existing portfolio. The Product Manager, Transportation is responsible for product planning and execution throughout the product lifecycle, including gathering and prioritizing product and customer requirements, defining the product vision, sizing market potential, and working closely with engineering, sales, marketing teams to develop and launch new products. The role will be a crucial input to the business’ overall direction of its products and markets served.

REPORTING TO : Senior Manager, Global Strategic Marketing

DUTIES AND RESPONSIBILITIES:

  • Provides critical information and guidance as it relates to the 4-P’s (Price, Product, Promotion, Place).

  • Manages the development of product lines and evaluates rationalized models.

  • Leads cross functional teams, collaborates with various departments, defines product roadmaps and ensures product life cycle management of the transportation business line is maintained and effectively managed.

  • Performs competitive benchmarking and market share/trend analysis.

  • Develops market insight through the voice of customer research, in-depth competitive analysis, and market segmentation.

  • Develops customer relationships with the knowledge they will participate in market research and provide feedback on early prototypes.

  • Manages product line revenue, margin, pricing, and investment.

  • Oversees the New Product Development experience from VOC to concept and through product launch.

  • Drives 80/20 complexity reduction across the product lines including product rationalization.

  • Drives margin expansion for the Product Line by working with Operations and/or Supply Chain to drive cost reductions (PPV), Engineering to drive VA\VE projects, and finally with Commercial on pricing.

  • Works with Engineering to identify root causes to product issues and resolve problems; also works on setting up value-based pricing.

KNOWLEDGE, SKILLS AND REQUIRED ABILITIES: .

  • Ability to recognize value sell opportunities and create sales tools to support the field; can also understand and demonstrate technical products.

  • Experience working with competitive pricing and promotions with manufactured products.

  • Automotive or Aviation market experience preferred.

  • Strategic mindset with the ability to identify growth opportunities.

  • Robust problem-solving methodology and demonstrated skill.

  • Strong working knowledge of Excel, Word, PowerPoint required.

EDUCATION AND EXPERIENCE:

  • Bachelor’s degree in related area

  • Three or more years of product management experience, with at least two of those years in developing a new product in an industrial or manufacturing environment.

Essential Functions:

The physical, mental/visual and work environment demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:

  • Requires use of hands and arms at least 90% of the time.

  • Majority of the time is spent sitting.

  • Lifting requirements are generally less than 10 lbs. Manual lifting could reach the company maximum of 50 lbs.

Work Environment:

  • Climate-controlled office environment.

  • The employee will occasionally visit customer site for troubleshooting design.

  • Noise exposure is moderate.

Mental/Visual Demands:

  • Close vision and the ability to adjust focus are required to perform the job functions.

  • Peripheral vision is required for safety.

KEY COMPETENCIES:

To perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this position.

  • Problem solving: The individual identifies and resolves problems in a timely manner and gathers and analyzes information skillfully

  • Managerial Skills: The individual effectively manages a team, sets goals and priorities, holds the team accountable and is open to feedback

  • Relationships with Others: The individual works effectively and relates well with others Including superiors, colleagues, and individuals inside and outside the Company. The employee exhibits a professional manner in dealing with others and works, to maintain constructive working relationships.

  • Communication and Contact: The individual communicates effectively both verbally and in writing with superiors, colleagues, and individuals inside and outside the Company.

  • Planning/organizing: The individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans.

  • Quality control: The individual demonstrates accuracy and thoroughness and monitors own work to ensure quality.

  • Adaptability: The individual adapts to changes in the work environment, rotates into other functions as required, manages competing demands and is able to deal with frequent change, delays or unexpected events.

  • Dependability: The individual is consistently at work and on time, follows instructions, responds to management direction and solicits feedback to improve performance.

  • Safety and security: The individual actively promotes and personally observes all safety procedures.The individual complies with Environmental, Safety, and Hazardous Communications requirements.

COMPENSATION:

$120,000.00 to $150,000.00 annually

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

Total Rewards

The compensation range for this position is $104,000.00 - $156,000.00, depending on experience. This position may be eligible for performance based bonus plan.

Benefits Package

Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefit-and-rewards/

IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).

Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.

Job Family: Marketing

Business Unit: Band-It

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