Product Manager - STANLEY at Stanley Black & Decker

New Britain, Connecticut, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Tools and Hardware, ManufacturingIndustries

Requirements

BS or BA in Marketing, Business Administration, Finance, Engineering, or related field
3+ years of Product Management experience
Experience using various computer applications including Microsoft Excel, PowerPoint and other applications in the Microsoft Office Suite
Willingness to travel up to 15%
Ability to work hybrid with 3 days per week in office or as needed

Responsibilities

Evaluate and develop the product line total sales and product positioning, and manage the profit and loss of the product line
Manage the complete product lifecycle process, alongside the Product Management team from concept to delivery
Assist in market functions relating to assigned product lines as well as general departmental functions
Drive and develop new products while overseeing and managing quality issues, developing sales and promotion programs
Develop and implement relevant point-of-purchase displays, materials and web content; benchmark competitors and perform competitive pricing analysis
Develop and execute a comprehensive strategic plan for the profitable management of pricing, gross margins, collateral materials & point-of-purchase, including a monthly forecast of product lines with detailed tactics to meet strategic objectives
Maintain an awareness of trends in the industry and related industries and develop a deep understanding of the end user to incorporate these insights into successful new product launches
Support and prepare for customer meetings, presentations and line reviews
Lead cross-functional teams to achieve company objectives, and act as the point of contact for manufacturing, purchasing, sales, quality and engineering
Validate Product CTQs, Testing & Claims with End Users

Skills

Product Management

P&L Management

New Product Development

Product Lifecycle Management

Market Analysis

Competitive Pricing Analysis

Strategic Planning

Sales Forecasting

Pricing Strategy

Point-of-Purchase Displays

Stanley Black & Decker

About Stanley Black & Decker

New Britain, ConnecticutHeadquarters

1843Year Founded

IPOCompany Stage

Industrial & Manufacturing, Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

401(k) Retirement Plan

Employee Stock Purchase Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Unlimited Paid Time Off

Wellness Program

Phone/Internet Stipend

Risks

Emerging Asian tool manufacturers increase competition, impacting market share and pricing.

Stricter environmental regulations may raise production costs for power tools.

Growing tool rental services could reduce individual tool purchases, affecting sales.

Differentiation

Stanley Black & Decker integrates WhisperDrive technology, enhancing product performance and market appeal.

DEWALT's POWERSHIFT system reduces CO2e emissions by up to 60%, leading in eco-friendly tools.

CRAFTSMAN's seven 2024 Pro Tool Innovation Awards highlight its industry-leading innovation.

Upsides

Partnership with WECS Renewables expands reach into the renewable energy sector.

Increased demand for eco-friendly tools boosts DEWALT's market traction in North America.

DEWALT's tool donation initiative supports tradespeople, potentially increasing brand loyalty.

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