ITT Inc.

Product Manager

Job Locations US-CA-Irvine
ID
2024-12453
Category
Marketing and Product Management
Position Type
Employee
Telecommute
No

Position Summary

Reporting to Senior Product Management Lead for Aerospace Electrical Interconnect Products, the successful candidate will manage all technical, pricing, and marketing related deliverables for interconnect products being sold to commercial and military aerospace markets. The candidate will interact daily with internal and external Sales staff, distributors. end customers and engineers, drive all product management activities and will be responsible for related revenue and margin. This position is responsible for achieving all profitability and revenue growth objectives for the assigned product lines in line with the company’s strategic plan.

Essential Responsibilities

  • Implement and develop online and manual pricing tools for responsible product lines in coordination with the pricing team to improve pricing responses and maximize revenue and margin with the goal of achieving a sub 5-day average turnaround time on all quotations
  • Manage product cost reduction activities and market price strategies to improve margins and closure rates on quotes and contract pricing agreements – achieve a minimum 15% closure rate on relevant product lines
  • Manage customer facing activities that results in maximum product line value, developing product related collateral to the Sales team, distribution, and end customers as well as messaging that maximizes ITT Cannon’s competitive position within the market
  • Develop marketing communications collateral in conjunction with marketing that optimizes messaging – build and execute a plan that includes a minimum of 1 marketing content release per quarter
  • Develop and manage product roadmaps and oversee specific product development projects crucial to ensuring new product launches are achieved on schedule in accordance with the product roadmap
  • Conduct and manage product related engineering activities through regular meetings to ensure engineering activities are supporting tactical and strategic product line objectives
  • Key management point of contact responsible for all product related pricing and margin activities as well as tactical and strategic activities related to the product line.

Safety is a core value at ITT. Our employees understand and follow all ITT safety policies and procedures, participate in workplace inspections, safety training, and in the development of job safety analyses.

Position Requirements

  • Bachelor's degree in business or a technical discipline, MBA preferred
  • Minimum 3 years' experience in Product Management, with Pricing, Sales, or Customer Service experience within the Aerospace industry
  • Familiarity with electrical interconnect products
  • Percent of Travel required, typically 25%-50%

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range

Annual Salary Range is from $100,100.00 to $149,700.00, plus benefits & incentive plans.

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