Product Manager at Watts Water in Menomonee Falls, WI

We’re Watts. Together, we’re reimagining the future of water.

We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.

What we do:

For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.​

The Product Manager role, under guidance from the Senior Product Manager, plays a critical role in shaping and managing the strategy, performance, and lifecycle of assigned product lines through end-of-life cycle to drive optimize profit, sales and brand objectives.

This position reports to the Sr. Product Manager. This position is based in Menomonee Falls, WI.

Primary Job Duties and Responsibilities

• Own the management of product portfolio, including value proposition, value delivery model, product roadmaps and product lifecycle (new product development through obsolescence).
• Maximization of performance of product line(s) as measured via orders / sales growth, profitability and cash-flow generation.
• Understand market needs, trends and competitor intelligence for the given Product Line(s). Design, develop, track, and update competitive intelligence and market penetration database.
• Own the adherence to product line base cost and margin targets.
• Manage SKU rationalization and line harvesting.
• Coordinate technical product development with teams.
• Accountable for the execution of New Product Development launch (NPD) plans, including but not limited to coordination of internal and external resources, investment budgets, marketing campaigns/ content, and sales plans.
• Develop pricing and positioning recommendations including pricing execution and communication.
• Works with sales and marketing team to develop and refine the product line go to market strategy.
• Participate in product line SIOP, partnering with sales on demand planning and ensuring monthly alignment with operations to support market and customer requirements.
• Create and/ or support the creation of training materials and lead training sessions to educate customers and Watts sales personnel on product technical features and benefits – Travel is required to support training activities.
• Support onboarding, training, and ongoing development of team members.
• Involvement in other projects as assigned.

Required Qualifications

• Bachelor’s degree, Engineering/Marketing or related field experience, MBA is a plus.
• 5+ years of relevant Product Management experience, ideally within target markets related to the specific product line, with proven successful track record.
• Experience working in manufacturing, industrial, or related technical markets.
• Proven leadership ability to lead virtual teams and work across a matrix.
• Excellent written communication skills. Must write clearly, informatively, and logically, and have the ability to vary writing style to meet the needs of the audience.
• Excellent presentation and communication skills.
• Outstanding interpersonal skills with an emphasis on building strong team relationships.
• Proactive, creative work style and a self-starter.
• Willingness to travel, as required.
• Proficient computer skills (Microsoft Office suite) required.

General Applicable Company Competencies

• Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency.
• Punctuality and dependability.
• Ability to be flexible and adapt to changing work priorities and stressful conditions.
• Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.
• Maintain productive and collaborative relationships with other Watts employees.
• Adherence to Watts’ seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Working Conditions:

While performing the job duties, you will be working on-site at a manufacturing facility and will perform the majority of your duties in an office environment. You may, at times, be required to be present on the manufacturing floor and will be required to wear the appropriate personal protective equipment. You will be required to work in the office at the Bradley location (Monday – Friday). Your scheduled work hours will be communicated to you by your manager.

Physical Requirements:

Specific physical abilities required for this position include, but are not limited to:

• Ability to remain seated at a desk or workstation for extended periods.

• Ability to perform repetitive tasks like typing on a keyboard or using a mouse for extended periods.

• Ability to physically move around the office, organize or transport files, packages, or other office-related materials.

• Ability to occasionally lift and carry light objects, such as office supplies, documents, or small equipment.

Nothing in this job description restricts Watts’ right to assign or reassign duties, responsibilities, and working hours/conditions to this position at any time. This position is “at will,” which means that either the employee or Watts may terminate the employment relationship at any time, with or without notice, and for any lawful reason.

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Watts in it for you:

Please note that the following* *benefits apply only to permanent roles and do not apply to internship roles.

• Competitive compensation based on your skills, qualifications and experience
• Comprehensive medical and dental coverage, retirement benefits
• Family building benefits, including paid maternity/paternity leave
• 10 paid holidays and Paid Time Off
• Continued professional development opportunities and educational reimbursement
• Additional perks such as fitness reimbursements and employee discount programs
• Learn more about our benefit offerings here: https://tapintowattsbenefits.com/

How we work:

At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.

And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.

Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.