Product Manager- Textile/Fabric

About the role

The Product Manager at Klein Tools is responsible for developing and executing product strategy plans, ensuring timely execution of marketing plans, and providing strategic recommendations for growth. This position involves understanding competitive product lines, analyzing market data, and driving sales through product launches, modifications, and promotions.

Responsibilities

• Develop and execute 3-year life-cycle plans for large volume, strategically important product categories
• Communicate critical information and supply market and product data, analysis, and recommendations
• Understand and compare product features and benefits with a compelling selling story
• Initiate and utilize tactical business drivers to obtain financial objectives
• Maintain a product line portfolio strategy that includes new product launches, modifications, promotions, and end-of-life discontinuations
• Provide direction and ensure timely execution of marketing plans including product launches, modifications, and promotions
• Drive effective communication and collaboration within the organization
• Mentor less experienced Product Management personnel
• Market and interact with sales people, distributors, and end users through various venues
• Collect and maintain market information, conduct market research as necessary, and spend 10% of time in the field documenting this time and its use
• Provide monthly narrative on major product line performance, focusing on significant deviations from plan and corrective actions
• Provide recommendations for delivering growth

Requirements

• Bachelor’s Degree in business or related technical field with 5+ years of relevant experience in consumer goods product management, or a combination of 3+ years of product management and 5+ years of other relevant business experience
• MBA or other relevant advanced degree preferred
• Knowledge of managing budgets, forecasts, and business plans to achieve financial objectives
• Knowledge in identifying and justifying growth opportunities, launching new product lines, and working with a stage-gate development process
• Strong communications skills, both verbal and written
• Proficiency with Microsoft Office (Excel, Outlook, PowerPoint, Word)
• Basic financial calculations, market research techniques, marketing activities (PR, Advertising, Promotions, POP, Packaging), strategic plans (pricing strategy, brand positioning, competitive analysis), and project management proficiency
• Ability to be an effective team player, take initiative, and influence cross-functional teams

Qualifications

• Willingness and ability to travel internationally as needed

Skills

• Understanding of competitive product lines and market data analysis
• Strategic planning and execution
• Effective communication and collaboration
• Market research and customer interaction
• Financial management and budgeting
• Project management and organizational skills

Benefits

• Paid vacations and holidays
• Profit sharing and matching 401(k)
• Health insurance (medical, vision, dental)
• Discounts on Klein Tools products
• Education and professional development assistance