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Product Manager

Description

  

The Product Manager is responsible for leading the 4P strategy (product, price, promotion, placement) strategy and full lifecycle management of existing products while also leading market research-scoping-feasibility-development-commercialization-launch of new products with combined efforts to enable growth for SEC. This position will be at the center of the product ecosystem, empowered to make decisions and resolve differences through the process. This position will collaborate with cross-functional teams, including engineering, marketing, sales, finance, sourcing, and customer support, to define product requirements, prioritize features, and drive product success in the market. The Product Manager plays a critical role in understanding customer needs, analyzing market trends, and creating innovative product solutions that meet business objectives. 


Duties/Responsibilities 


· Serves as the leader and owner of assigned product categories responsible for driving profitable growth by serving as the lead for the cross-functional team, leading the 4Ps (Product, Price, Promotion, Placement) by leveraging a commercial, technical, financial, and operational mindset. 

· Develops and defends business cases for new product proposals. 

· Serves as gatekeeper to stage-gate pipeline while serving as the sponsor for projects. 

· Actively engages throughout the new product development Stage Gate process and contributes to deliverables for stage gate decisions. 

· Collaborates with engineering, marketing, sales, and operations to maintain a 3-year product roadmap that delivers the corporate strategic objectives. 

· Coordinates with marketing and industrial design to conduct consumer research. 

· Encourages cross-functional collaboration and re-focuses project managers on delivering programs on time, on-budget and within scope. 

· Ensures all product commercialization and launch support tactics are ready for launch. 

· Seeks out continuous improvement opportunities by understanding competitor’s value propositions, analyzing quality data, conducting closure/lessons learned analysis and monitoring point of sale activity. 

· Sets, monitors, and maintains competitive retail prices 

· Participates with sales and finance in setting retailer program and pricing strategies. 

· Perform responsibilities in a manner consistent with Schumacher’s purpose, core values and strategic anchors. 

· Regular attendance is an essential function of the job. 

· Other duties as assigned. 

Requirements

 Required Skills/Abilities 


· Natural leadership skills with ability to lead in a matrixed organization. 

· Strong diplomacy and excellent communication skills with the ability to present and communicate effectively in front of leadership, board members, owners, and customers. 

· Strong business P&L acumen and experience to achieve profitable growth using financial tools, forecasts, reports, data, and Microsoft Office Suite to make decisions. 

· Customer-centric approach with a focus on delivering products that meet customer and user needs. 

· Skilled at conducting market research, gathering insights, and creating business cases. 

· Experienced in determining and setting winning retail/wholesale/e-commerce/2-step distribution prices based on competitive landscapes balanced with internal and customer P&L requirements. 

· Strong experience strategically marketing consumer goods in retail omni-channel brick & mortar and e-commerce omni channels: big box, mass, grocery, sporting goods, club. 

· Technical aptitude with experience/knowledge/education in manufacturing, sourcing, supply chain, engineering, product development, product design, process improvement. 

· Strong analytical and problem-solving skills with a proven ability to improve business processes and practices to reduce costs and increase efficiency. 

· Ability to identify and implement best practices and continual improvements. 


Qualifications 


· Education: Accredited 4 year bachelor’s degree in business, engineering, or related field required.

· Experience: 5+ years’ proven experience in product management of consumer durable or consumable products.

· Internal applicants: 6+ months successful demonstration of current position responsibilities, approval from current manager, and a relevant combination of education, continuing education, and experience. 

· Candidates who do not meet the specified educational or experience requirements but possess equivalent qualifications and relevant experience may be considered for this position. The company will assess candidates on a case-by-case basis to determine their suitability for the role based on their overall qualifications, skills, and demonstrated capabilities. The decision to consider education and experience equivalencies will be at the sole discretion of the hiring team and will comply with applicable laws and regulations. 



This is a summary of the primary accountabilities and requirements for this position. The company reserves the right to modify or amend accountabilities and requirements at any time at its sole discretion based on business needs. Any part of this job description is subject to possible modification to reasonably accommodate individuals with disabilities. Equal Opportunity Employer/Veterans/Disabled. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please call 682-348-3360.




Average salary estimate

$105000 / YEARLY (est.)
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What You Should Know About Product Manager, Schumacher Electric

As a Product Manager at SEC in Fort Worth, Texas, you will be at the helm of our exciting product ecosystem! Your primary focus will be steering the 4P strategy—product, price, promotion, and placement—while managing the full lifecycle of our existing products. But that’s not all; you’ll also take charge of researching, scoping, and launching new products that will help fuel our growth. Collaboration is key in this position, as you’ll work hand-in-hand with cross-functional teams, including engineering, marketing, sales, and customer support, to define clear product requirements and prioritize features. You’ll play a pivotal role in understanding the needs of our customers and analyzing market trends to create innovative solutions that not only meet business objectives but also enhance user satisfaction. From developing strong business cases for new proposals to coordinating with various departments for successful product launches, you’ll help shape our future. With a customer-centric mindset, leadership skills, and the ability to analyze financial data, you’ll ensure that every product option we bring to market is well-crafted and impactful. This role invites you to demonstrate your strategic marketing expertise across retail and e-commerce channels while continuously seeking improvement opportunities. If you're passionate about products and innovation, and possess the skills to lead a talented team, we'd love for you to join us and make a significant impact!

Frequently Asked Questions (FAQs) for Product Manager Role at Schumacher Electric
What are the primary responsibilities of a Product Manager at SEC?

The Product Manager at SEC in Fort Worth is responsible for leading the 4P strategy and full lifecycle management of products. This includes developing business cases for new products, collaborating with cross-functional teams, engaging in market research, maintaining product roadmaps, and ensuring product launches are supported and on schedule.

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What qualifications are needed to apply for the Product Manager position at SEC?

Qualifications for the Product Manager role at SEC include a bachelor's degree in business, engineering, or related fields, coupled with over 5 years of experience in product management. Candidates should have strong analytical and leadership skills, P&L acumen, and a proven track record in strategic marketing within the consumer goods sector.

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What skills are essential for success as a Product Manager at SEC?

Key skills for success as a Product Manager at SEC include strong communication skills, the ability to lead in a matrixed organization, customer-centric approaches, market research abilities, and technical aptitude related to manufacturing and product development. Strong analytical skills are also essential for improving business processes.

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How does the Product Manager role interact with other teams at SEC?

The Product Manager at SEC works closely with multiple teams, including engineering, marketing, sales, and customer support, facilitating collaboration and communication. By engaging with each department, the Product Manager ensures product requirements are well-defined and that strategies align with corporate objectives.

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What is the company culture like for Product Managers at SEC?

SEC fosters a collaborative and innovative culture where Product Managers are empowered to make impactful decisions. The company encourages continuous improvement and supports teamwork across departments, creating an environment where creativity and strategic thinking thrive, leading to successful product outcomes.

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Common Interview Questions for Product Manager
Can you describe your experience with product lifecycle management?

In your response, highlight specific examples of products you've managed from inception to launch. Discuss your approach to each stage of the lifecycle and any metrics that demonstrate your success in driving growth or innovation.

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How do you conduct market research for new product development?

You should illustrate your market research process, including methods like consumer surveys, competitor analysis, and market trend studies. Emphasize your ability to synthesize data and apply insights to product strategy.

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Which methods do you use to prioritize product features?

Discuss frameworks or criteria you follow, such as user feedback, business impact, or strategic alignment. Providing specific examples of feature prioritization will strengthen your answer.

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How do you handle disagreements with cross-functional team members?

Explain your approach to conflict resolution, emphasizing effective communication and compromise. Share past experiences where you've successfully navigated disagreements while maintaining team cohesion.

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What strategies do you use for product pricing?

Talk about your pricing strategies, including competitive analysis and customer willingness to pay. Be ready to provide examples of how your pricing decisions impacted product success.

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Describe a product you helped launch and the role you played.

Share details about the product, your specific responsibilities, and the results achieved from the launch. Use metrics where possible to illustrate the product's success.

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What is your experience with managing product roadmaps?

Discuss your approach to creating and maintaining product roadmaps, including tools or methodologies you use. Mention how you align the roadmap with business objectives and stakeholder input.

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How do you ensure alignment between product management and marketing?

Highlight the importance of collaboration between product management and marketing. Share strategies, such as regular meetings or shared goals, that have worked well for you in past roles.

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What do you consider when analyzing customer needs?

Explain the various factors you analyze, such as customer feedback, market trends, and competitive offerings. Provide examples that showcase your ability to turn customer insights into actionable product improvements.

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How do you keep up with industry trends and technology?

Discuss the resources you use, such as industry publications, networking, conferences, or online communities, to stay informed about trends that can impact product development and market strategies.

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DATE POSTED
March 30, 2025

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