Product Portfolio Manager

Position Summary

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, the company has been enabling engineering breakthroughs that lead to a better tomorrow. 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.

Scope/ Supervision and Interaction

This role requires strong leadership, drive, and ability to guide and influence externally and internally within a matrixed organization. It is accountable for driving sales and margin growth of multiple large / complex product portfolios, typically in a large division (greater than $500 million), and 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.

Essential Job Duties and Responsibilities

• 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
• Leads a multi-generational product roadmap development process in line with division strategic/operating plans
• Is fully integrated into the Innovation stage gate process to support innovative concept ideas in formulating new product development processes
• Defines customer requirements/needs and government & regulatory standards
• Collaborates to help shape future state Global Product Platforms
• Manages The Product Life Cycles Of The Product Portfolio Ownership for Product Simplification portion of POP (Parker Operating Protocol); Product end-of-life cycle (obsolescence); and Application of PLS principles to product development & launch
• Simplifies products to meet customer needs and drives product adoption, engagement, and growth
• Develops and leads IME strategies (existing product innovations/modifications/extensions)
• Develops product value propositions and be accountable for new product launches
• 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
• Promotes the use of new technologies and industry-leading trends
• Breaks down competing product lines, market position, and competitive entry threats
• Conducts market research through trade associations, internet investigation, and corporate services

Qualifications

• Four-year degree, preferably in Engineering, Engineering Technology, or Business discipline
• MBA desired
• Minimum ten (10) years product management experience required, preferably in engineering or commercial functions in related industry
• Minimum eight (8) 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%

Pay, Benefits, Work Schedule

Pay Range: $138,150 to $241,850 annually
Participation in Annual Incentive Program
Benefit & Retirement Plans
Parker Offers Competitive Benefit Programs, Including Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
401(k) Plan with company matching contributions at 100% of the first 5% of pay.
Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
Career development and tuition reimbursement.
Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
Paid Time Off and Company-Paid Holidays.

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")