About the position
The Product Manager for our Moen brand will be responsible for being a product expert and developing a comprehensive understanding of consumer and customer needs. The Product Manager will be responsible for the full product lifecycle and will work to develop, manage and maintain our product portfolio. The Product Manager will work to continuously improve products and new product development. Location: This position is eligible for a hybrid schedule based out of Deerfield, IL. Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, bringing together associates from across our U.S. offices, brands, and functions. The campus will offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare, fitness, and recreation. Travel Requirements: up to 15% travel to customer locations.
Responsibilities
- Provide critical input to situation analysis for assigned product portfolio as part of the annual strategic planning process.
- With approval from the Group Product Manager, provide pricing for assigned product portfolio driving revenue and margin contribution to achieve P&L objectives.
- Define market segment priorities and partner with Channel Marketing to establish Go To Market strategies and plans to achieve P&L objectives.
- Develop and execute on 3-year product plan conducting ongoing analysis to align timing and resources.
- Partner with Global Product Development on product plan execution.
- Lead cross-functional product development teams and provide marketing leadership at tollgates.
- Provide direction on value proposition, unique selling proposition, price, margin and supply for new product development.
- Own product lifecycle management for assigned product portfolio, including all product launches and plans for discontinued product.
- Partner with Innovation on the definition and scoping of projects. Ensure alignment with brand and SBU objectives.
- Develop product training content to be delivered internally (to Sales team) and externally (to customers) by Channel Marketing.
- Partner with Marketing Services/Digital to develop 2D, 3D and digital product collateral.
- Partner with Global Brand Marketing to ensure alignment of product with brand plan.
- May manage a Marketing intern.
Requirements
- Bachelor’s degree in Marketing, Business or a related field is required; MBA is preferred.
- Minimum of 5 years of product management experience is required.
- Prior consumer/durable goods experience is preferred.
- Strong analytical skills, including ability to arrive at insights from analytical data, is essential for market and competitive evaluation, pricing and line management.
- Demonstrated ability to be a team player with skills to lead/participate in cross-functional teams.
- Demonstrated verbal, written and presentation skills.
- Advanced computer skills. (Excel, PowerPoint, Word, SAP)
- Ability to travel approximately 15%, mainly to customer locations.
Benefits
- Comprehensive health plans
- Market-leading 401(k) program with a company contribution
- Product discounts
- Flexible time off benefits (including half-day summer Fridays per policy)
- Inclusive fertility / adoption benefits
