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Sr Category Manager - job 1 of 2

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

The Sr. Category Manager / Product Manager is the champion for assigned product categories and plays a pivotal role in managing the portfolio as a business. The ability to create and execute successful strategies, build narratives around those strategies, and influence multiple stakeholders internally and externally are necessary for success.

The ideal candidate will have a Bachelor's Degree in Business Administration or Engineering OR an MBA with at least 7 years experience in product management, marketing, or engineering, preferably in a manufacturing and/or consumer durables industry. You will be a people person who loves building relationships with internal and external customers and be available to travel up to 15%.

Location: This position is designated hybrid reporting to our office in Oak Creek, WI, or Deerfield, IL, at least 3 days per week (Tuesday/Wednesday/Thursday). We anticipate up to 15% travel.

What you'll be doing:

  • Develop long-range strategic plans with annual updates for product, channel, process, and business opportunities. Focus needs to be on leveraging existing and creating new protected value
  • Plan and manage new product development projects through the entirety of a stage-gate process. Develop new product development objectives, strategies, and timelines to maximize market share growth and profitability
  • Drive category captain leadership with external customers by leveraging analytics and/or insights for our markets, end users, and channels. Collaborate with sales, finance, and revenue growth management teams to execute product line reviews and assortment updates.
  • Deliver on P&L targets for assigned product categories
  • Manage the full lifecycle for the assigned portfolio from NPD through obsolescence and inventory disposition
  • Leverage and drive market research and consumer understanding to identify new product opportunities, willingness to pay, positioning, purchase triggers, and decision-making. Market research spans qualitative and quantitative from customer VOC to segmentation studies to concept testing and field trials.
  • Plan product line pricing and pricing strategy to manage profitability in line with business objectives
  • Collaborate with Brand, Channel Marketing, Digital, and Commercialization teams to support the development of sales assets, public relations campaigns, and advertising activities
  • Train internal and external customers on products, marketing programs, and business developments. Communicate regularly with field sales associates including occasional travel to key accounts and end users.
  • Respond to daily customer and field sales inquiries, requests, and concerns.
  • Develop a library and database of relevant markets, competitors, and complimentary offerings to identify and assess potential acquisitions or market expansions

 

    Qualifications

    Basic Qualifications:

    • 7+ years of in product management, marketing, or engineering, preferably in a manufacturing and/or consumer durables setting
    • Practical knowledge and experience with the new product development process
    • Ability to interpret and leverage insights from pro forma and other financial analysis tools
    • Excellent written, verbal, and interpersonal skills including ability to speak and present for groups of all sizes
    • Well-versed in Microsoft Office Suite (Outlook, Excel, PowerPoint, etc.)

    Nice to Have:

    • Bachelor's Degree in Business Administration or Engineering OR Master's Degree in Business Administration
    • Experience driving eCommerce and omnichannel marketing
    • Experience with connected products/IoT products

    Additional Information

    At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

    Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

    Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

     

    Equal Employment Opportunity

    FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

    Reasonable Accommodations

    FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

    Average salary estimate

    $105000 / YEARLY (est.)
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    $90000K
    $120000K

    If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

    What You Should Know About Sr Category Manager, Fortune Brands

    If you're passionate about product management and looking to take your career to the next level, Fortune Brands Innovations, Inc. has the perfect opportunity for you as a Senior Category Manager. Located in Oak Creek, Wisconsin, this role is ideal for someone who thrives on strategic thinking and relationship-building. As a Senior Category Manager, you'll champion assigned product categories and be pivotal in executing successful strategies that drive market share growth and profitability. You’ll be working closely with internal teams as well as external customers, using your expertise in analytics and market research to manage the product lifecycle effectively. With a commitment to innovation, you'll utilize your 7+ years of experience to plan new product developments and influence stakeholders at all levels. This hybrid position offers flexibility, requiring you to report to the office at least three days a week while also accommodating travel of up to 15%. Fortune Brands fosters an inclusive culture where every employee can bring their authentic self to work — making it not just a job, but a community. If you enjoy collaborating with teams, managing P&L targets, and implementing pricing strategies, apply today and contribute to transforming spaces into havens!

    Frequently Asked Questions (FAQs) for Sr Category Manager Role at Fortune Brands
    What is the role of a Sr Category Manager at Fortune Brands Innovations, Inc.?

    The Sr Category Manager at Fortune Brands Innovations, Inc. plays a crucial role in managing specific product categories and developing strategies that resonate with both the market and internal objectives. You’ll focus on new product development, drive category leadership, and ensure that P&L targets are met, all while collaborating closely with various internal teams.

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    What qualifications are needed for the Sr Category Manager position at Fortune Brands?

    To qualify for the Sr Category Manager position at Fortune Brands, candidates need a Bachelor’s degree in Business Administration or Engineering, or an MBA, along with at least 7 years of relevant experience in product management or marketing, ideally in manufacturing or consumer durables.

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    What does the work environment look like for a Sr Category Manager at Fortune Brands Innovations, Inc.?

    The work environment for a Sr Category Manager at Fortune Brands is hybrid, requiring you to work from the Oak Creek or Deerfield office at least three days a week. The company promotes an inclusive and collaborative culture, allowing you to engage with a diverse team that supports innovation.

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    What types of projects will a Sr Category Manager work on at Fortune Brands?

    As a Sr Category Manager at Fortune Brands, you'll manage new product development projects through a stage-gate process. This includes developing strategic objectives, collaborating with sales and marketing teams, and ensuring that your product categories achieve growth and profitability.

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    How can a Sr Category Manager impact Fortune Brands Innovations, Inc.?

    A Sr Category Manager can significantly impact Fortune Brands by executing effective product strategies, enhancing market share, and improving the profitability of assigned product lines. Your insights and leadership will help shape the company's future in innovative home products.

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    What benefits does Fortune Brands offer to the Sr Category Manager?

    Fortune Brands offers comprehensive benefits for the Sr Category Manager, including robust health plans, competitive 401(k) contributions, flexible time off policies, and inclusive support for family-building options like fertility treatments and adoption assistance.

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    Is travel required for the Sr Category Manager position at Fortune Brands?

    Yes, the Sr Category Manager position at Fortune Brands requires travel of up to 15%. This will involve visiting key accounts and engaging with field sales associates, while also being able to work from the office three days a week.

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    Common Interview Questions for Sr Category Manager
    What is your experience with the new product development process?

    When discussing your experience with the new product development process in an interview for the Sr Category Manager position, share specific examples of projects you've led. Discuss the stage-gate process you've utilized and the outcomes of those projects—emphasizing how your actions directly contributed to market success.

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    How do you handle collaboration with multiple stakeholders?

    In your response, highlight your communication and interpersonal skills. Give examples of past experiences where you successfully coordinated different teams such as marketing, sales, and finance, showing how you managed diverse opinions and reached common goals without sacrificing relationships.

    Join Rise to see the full answer
    Can you describe a time when your strategic planning led to increased sales?

    During your interview, think of a clear example where your strategic planning positively impacted sales. Focus on the specific strategies you employed, the metrics that improved, and demonstrate how you utilized market research to drive your decisions effectively.

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    What methodologies do you use to conduct market research?

    When addressing this question, explain the various qualitative and quantitative methods you've used, like customer surveys, segmentation studies, and field trials. Highlight how these methods informed your decisions and strategies in your previous roles.

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    What is your approach to managing P&L for product categories?

    Share insights on how you monitor and analyze financial metrics related to P&L. Discuss how you set targets, track performance, and make adjustments based on market conditions and business objectives, ensuring your answers are rooted in actual experiences.

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    Give an example of how you trained a sales team on a new product.

    When answering this, discuss a specific training you conducted, explaining your approach to preparing materials and engaging the audience. Detail the outcome, highlighting any improvements in sales or enhanced understanding of the product among the team.

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    How do you prioritize competing projects?

    In your response, emphasize your organizational skills and how you assess urgency and impact. Provide an example where you had to prioritize multiple projects, explaining the decision-making process and the ultimate outcomes.

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    What role does eCommerce play in your product strategy?

    Discuss the significance of eCommerce in today’s market and how it has shaped your strategies in past roles. Provide specific examples of successful eCommerce initiatives you've led or contributed to, outlining how they impacted product reach and sales.

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    How do you keep up with industry trends?

    Talk about your methods for staying current with industry news, such as subscribing to relevant publications, attending conferences, and networking. Highlight specific trends you've recently monitored and how they influenced your strategic decisions.

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    What do you believe are the key skills for a successful Sr Category Manager?

    Discuss the importance of strategic thinking, strong communication, and analytical skills. Relate each skill to how it contributes to the role, perhaps tying in personal experiences where these skills directly correlated with your success.

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    DATE POSTED
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