Senior Product Manager at Stanley Black & Decker

Towson, Maryland, United States

Stanley Black & Decker Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Manufacturing, Tools, IndustrialIndustries

Requirements

  • BS or BA in Marketing, Business Administration, Finance, Engineering, or related field
  • 5+ years related product management and marketing experience
  • Engineering or technical background preferred
  • Demonstrated ability to handle multiple assignments and projects simultaneously
  • Strong oral and written communication skills; ability to present data and conclusions in an organized manner
  • Creative thinking / problem solving skills
  • Follows through with commitments (high say-do ratio)
  • Strong project management skills
  • Self-motivated with a strong work ethic
  • Ability to travel 20-25%
  • Preferred Qualifications
  • Consumer Product experience
  • Experience working directly with retailers or other large customers
  • Experience working for a large global company

Responsibilities

  • Identify and develop new product and market opportunities
  • Manage the complete product lifecycle process, alongside the Vice President/Director from concept to delivery
  • Closely collaborate, work and lead cross-functional teams and business groups (e.g., engineering, manufacturing, finance) to drive and develop new products that meet company objectives
  • Work in tandem with brand marketing and channel teams to develop product launch programs and marketing strategies to drive customer demand
  • Develop and implement relevant marketing collateral, point-of-purchase displays, advertising materials, and web content to promote the managed product portfolio
  • Conduct end-user and competitive market research to define, develop, and deliver industry-leading products
  • Develop and execute comprehensive short- and long-term strategic plans for a profitable retail and industrial product portfolio
  • Maintain awareness of industry trends and related industries; develop deep understanding of end users to incorporate insights into new product launches
  • Provide product training to customers and consumers
  • Develop product and market strategies to drive growth and profitability across major markets
  • Manage the short- and long-term P&L of the product line
  • Increase the working capital turns of the portfolio
  • Expand the business with new products
  • Lead cross-functional teams through the New Product Development Process

Skills

Product Management
P&L Management
New Product Development
Product Lifecycle Management
Cross-Functional Leadership
Market Strategy
Hand Tools
Automotive Tools

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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