Global Product Manager in Glenview, IL at ITW Specialty Products

Date Posted: 10/30/2018

Job Snapshot

Job Description

ITW Description:

Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune’s Magazine’s most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW’s revenues totaled $14.3 billion in 2017.

 

Division Description:

ITW Specialty Films designs, manufactures and markets specialized coated and/or metalized films for the Transaction Card, Security Documents, Medical IV bags, and Consumer Packaging markets. The division leverages unique core competencies and technologies in films, foils, laminates, holography and transfers to address customer needs globally. Operates in 13 locations (NA, EU, Asia).

 

Position Summary:

ITW Specialty Films division is seeking a Global Product Manager to profitably grow one of its key vertical segments by developing, implementing and driving product line strategies and tactical action plans.  The Global Product Manager will act as the product line owner, utilizing data to effectively develop and manage the product portfolio strategy.

 

Essential Duties and Responsibilities:

  • Develop and implement product line strategies and associated measurable action plans to capitalize on key growth opportunities.
  • Effectively collect and synthesize market insights to drive the product lifecycle strategy.
  • Drive the execution of the new product development roadmap through the stage gate process.
  • Lead and execute new product rollout efforts including forecasting volumes, designing market tests, planning internal training, as well as communication plans.
  • Develop and drive the product line value propositions throughout the organization.
  • Develop and implement thorough price strategies to maintain/maximize profitability of the assigned product areas.
  • Manage the financial performance of assigned product categories by utilizing ITW toolbox and other key performance indicators.
  • Lead and communicate strategic competitive product analysis.
  • Evaluate and report on product performance – sales volume, sell through, margins and market share.
  • Participate in capacity planning efforts working with manufacturing other functional areas.
  • Develop the annual integrated marketing plans and assist in the Long Range Plan for assigned product lines.

Job Requirements

Skills and Qualifications:

  • Bachelor’s Degree required, MBA preferred.
  • A minimum of 6-9 years of relevant strategic marketing experience, including product line strategies, new product development and pricing strategies.
  • Influences effectively and drives alignment across functions.
  • Highly skilled at planning and project management.
  • Strong communications and presentation skills.
  • Financial acumen to analyze and report on product line results effectively.
  • Ability to travel approximately 40% (domestic and international).
  • Advanced skills in Excel, Word and Power Point are required.

 

ITW offers a competitive compensation and benefits package, including competitively priced medical and dental coverage the first of the month following hire, free life insurance, paid vacation and holidays, and immediate 401k matching. Additional retirement savings contribution (above and beyond 401k) is awarded at no cost after one year.

 

ITW Specialty Films is an equal opportunity, equal employment, affirmative action employer.  We strive to create a diverse and inclusive work environment where everyone is welcome to contribute their unique talents and ideas.  We encourage applications from females, males, disabled/protected or other veterans, persons with disabilities, all races and ethnicities, sexual orientations and gender identities.  Reasonable accommodation will be made to enable persons with disabilities to apply and to perform the essential job functions. If you require assistance with completing an application, please reply that you require assistance.

 

If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please email hrmfg@cfcintl.com to request assistance. No other requests will be acknowledged.