Global Product Manager

Global Product Manager - Connectivity

Why Work at Banner?

For over 50 years, Banner Engineering has been at the forefront of some of the biggest industry trends, such as the Industrial Internet of Things (IIoT), and our photoelectric, ultrasonic, and vision sensors, LED lights and indicators, monitoring solutions, and safety products are used by industry leaders worldwide. Recognized as a Star Tribune's Top Workplace, Banner is a growing company that offers personal development opportunities, an excellent benefits package, and a collaborative team of employees who are passionate about what they do.

Position Summary

As a Product Manager, you will manage all aspects of the connectivity product portfolio with the goal of exceeding sales and gross margin targets. You will run the portfolio as a "mini" GM - responsible for overall product strategy and business leadership ensuring your product portfolio meets or exceeds all key performance indicators. You will work across functions to manage all aspects of the business.

This position reports to the Vice President Product Management - Lighting and Connectivity

According to the FLSA (Fair Labor Standards Act), this position is classified as:

• Exempt, based on the Professional Exemption

What You'll Be Doing

• Develop product portfolio strategy, roadmaps, and business plans.
• Meet or exceed key performance indicators:
  • Revenue
  • Gross margin
  • Inventory turns
  • On time delivery
  • Demand plan forecast accuracy
  • Sales of new products 1- and 3-years post-launch
• Analyze market trends, customer needs and the competitive landscape. Translate this information into product line plans.
• Collaborate with sales, engineering, sourcing, and production teams to specify new products and modify existing products to meet customer requirements.
• Implement processes and drive process improvements which positively impact revenue, margin, and customer satisfaction.
• Collaborate with marketing on product launches and web experience
• Develop and present training and product launch material.
• Review technical literature, website and marketing content for accuracy and effectiveness.
• Be the Banner expert on connectivity and provide support to other business units to ensure a cohesive corporate strategy; demonstrate thought leadership to stakeholders.
• Other duties as assigned.

What You Bring to the Table

To perform this job successfully, you must be able to perform each essential duty satisfactorily, and regular attendance is required. The requirements listed below are representative of the knowledge, skill, and/or ability required to perform this job. Reasonable accommodations may be made to support individuals with disabilities.

Required

• 3+ years of product management or related experience in a B2B environment
• Bachelor's degree in Engineering or Business
• P&L management experience
• Demonstrated cross functional leadership
• Highly organized with strong analytical capabilities
• Proficient in Microsoft Office Suite, including Outlook, Word, Excel, and PowerPoint

• Experience using ERP and CRM systems
• Willingness to travel

Preferred

• Knowledge of manufacturing and factory automation applications
• Experience selling product through a distribution channel
• Familiarity with molding and mechanical design

What to Expect at Work

• Physical Demands

The physical demands described here must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to support individuals with disabilities.

• Sit for up to 8 hours per day
• Exposed to a computer screen for up to 8 hours per day
• Utilize a computer mouse, keyboard, computer, and other standard office equipment
• Required to talk or hear frequently

• Working Environment

The work environment characteristics described here are representative of those you may encounter while performing the essential functions of this job.

• Corporate office environment - indoor and climate-controlled

This job description reflects management's assignment of key responsibilities; It does not prescribe or restrict the tasks that may be assigned.