Product Manager - experienced (Aerospace)

Conditions of Employment

This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we've enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.

With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial equipment, off-highway and transportation.

Our scale is global, but our purpose is personal. We enable breakthroughs that improve lives, strengthen communities and create a brighter future.

At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers.

As a member of our team, you are instrumental in fulfilling our mission: 'Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.' Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker's goal of addressing the world's most pressing engineering challenges. At Parker, our team members belong, matter and make a difference.

This position is subject to meeting U.S. Export Compliance and/or U.S. Government Contracting Citizenship eligibility requirements.

This is an individual contributor role, on-site at our Fluid Systems Division facility in Elyria, Ohio

Position Summary:

The Product Portfolio Manager I directs a comprehensive product strategy from product conception through the entire life cycle for one or more product lines typically within a single region within a division of a product group. This role is responsible for defining product vision and strategy, owning the product roadmap, discovering and validating user needs, and working cross-functionally to deliver best-in-class products that meet business goals. This role balances customer needs, data-driven decision-making, and strong execution skills to drive product adoption, engagement, and growth.

Accountable for driving sales and margin growth of one or more, mid-size product portfolios, typically in divisions (greater than $250 million in annual sales). This role requires strong leadership, drive and ability to guide and influence externally and internally within a matrixed organization. Actively leads cross functional teams including engineering, supply chain, sales and production to manage entire product life cycle and maintain customer satisfaction and business objectives. Tracks key business performance indicators to identify and execute necessary countermeasures to achieving business/market goals to overcome obstacles or changes in market dynamics.

Essential Job Duties and Responsibilities:

1. Directs a comprehensive strategy for complex / multiple product lines (product, promotion, pricing, and channel) for a defined portfolio of products to drive sales and margin expansion including the following attributes:

   1. Leads a multi-generational product roadmap development process in line with division strategic/operating plans
   2. Is fully integrated in the Winovation stage gate process to supports innovative concept ideas in formulating new product development processes.
   3. Defines customer requirements/needs and government & regulatory standards

   4. Collaborated to help shape future state Global Product Platforms

2. Manages the product life cycles of the product portfolio

   1. Ownership for Product Simplification portion of POP (Parker Operating Protocol)

   2. Product end-of-life cycle (obsolescence)

   3. Application of PLS principles to product development & launch

   4. Support Simple by Design

   5. Participates in the development and implementation of appropriate response strategies. - Develops and leads IME strategies (existing product innovations/modifications/extensions).

   6. Develops product value propositions and be accountable for new product launches

   7. Investigates market needs for innovative products and works with Engineering to appropriately prioritize product development efforts for an assigned product line or multiple product lines

3. Promotes the use of new technologies and industry-leading trends

   1. Collaborates with engineering, design, marketing, sales and customer feedback to identify opportunities and validate potential product solutions; May serve as lead on developing potential product solutions

   2. Monitors sales and margin results and tracks and recommends appropriate actions.

4. Breaks down competing product lines, market position, and competitive entry threats

   1. Conducts market research through trade associations, internet investigation and corporate services.

Qualifications:

• Bachelor's degree, preferably in Engineering, Engineering Technology or Business discipline. MBA desired.

• Minimum eight (8) years product management experience required engineering or commercial functions in related industry preferred

• Minimum six (6) years of managerial / leadership experience managing product portfolios

• Demonstrated experience owning product lifecycle from design concept, validation, launch, and production and end-of-life

• Strong computer skills (Microsoft Office Applications, Salesforce)

• Strong verbal and written communication skills

• Strong analytical skills

• Demonstrated ability to organize and manage multiple priorities using effective problem solving / resolution skills and a team focus

• Travel up to 25%

Additional Comments:

The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.

("Minority / Female / Disability / Veteran / VEVRAA Federal Contractor")

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission