Product Manager Stanley Power Tools – Expansion & Accessories at Stanley Black & Decker

Slough, England, United Kingdom

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Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Consumer Goods, Tools, ManufacturingIndustries

Requirements

Expertise in leading NPD Milestone | Phase Gate Process from ideation to launch
Strong skills in market intelligence, customer insights, and market research interpretation
Proficiency in product lifecycle management, including phase-in/phase-out, SKU rationalization, and end-of-life strategies
Experience in pricing strategy, commercialization plans, and go-to-market activities
Ability to conduct end-user research and integrate voice-of-customer insights
Knowledge of supply chain, finance, marketing, sales, and engineering cross-functional collaboration
Capability to present at customer engagements, line reviews, and strategic visits
Understanding of packaging compliance, inventory optimization (E&O), and working capital management
Experience with forecasting, performance analysis, and gap closure strategies

Responsibilities

Own and deliver total sales and margin targets for the BU across CORE SKUs and NPD, with monthly analysis, forecasting, and gap closure
Lead the NPD Milestone | Phase Gate Process, ensuring on-time, on-quality delivery and continuous improvement
Oversee full product lifecycle management, including phase-in/phase-out, SKU rationalization, and end-of-life
Develop and execute commercialization plans with Product Commercialization, Regional Marketing, and Sales teams
Identify and validate market gaps and opportunities to inform the product roadmap
Drive pricing and product strategy aligned with business objectives and market dynamics
Communicate new product launches, SKU deletions, promotions, and provide go-to-market guidance to regional teams
Consolidate and distribute product information and launch packs globally
Contribute to global portfolio strategy and support regional execution
Lead assigned product groups, setting strategic direction and ensuring execution
Provide guidance to cross-functional teams and foster high performance
Align NPD launches with Brand & Channel strategies, collaborating with senior leadership
Champion end-user research and voice-of-customer integration
Act as subject matter expert for product categories, consolidating info and driving training/best practices
Build relationships across supply chain, finance, marketing, sales, and engineering
Set and manage pricing/strategy for product range
Inform regional teams on 6-18 month product roadmap using standardized tools
Present at key customer engagements
Drive packaging requirements and regional compliance
Lead creation/adaptation of launch materials with Brand & Communications
Monitor/optimize E&O inventory and SKU counts
Identify, commission, and interpret market research
Participate/lead global and regional meetings for category growth and best practices

Skills

Key technologies and capabilities for this role

Product ManagementNPDPhase Gate ProcessProduct Lifecycle ManagementMarket IntelligenceCustomer InsightsPricing StrategyCommercializationForecastingSKU RationalizationGo-to-MarketVoice of Customer

Questions & Answers

Common questions about this position

Is this a full-time position?

Yes, this is a full-time role.

What is the salary range or compensation for this Product Manager role?

This information is not specified in the job description.

What are the key skills required for this Product Manager position?

Key skills include leading NPD processes, product lifecycle management, market analysis, forecasting, pricing strategy, cross-functional collaboration, and strategic planning.

What is the work arrangement or location policy for this role?

This information is not specified in the job description.

What kind of experience makes a strong candidate for this Product Manager job?

Strong candidates have experience leading product groups, driving new product development from ideation to launch, managing full product lifecycles, collaborating with cross-functional teams, and leveraging market insights for strategic roadmaps.

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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