Product Manager

Kreg Tool is proud to be an employee-owned company that manufactures a wide variety of tools, accessories, and equipment for woodworkers and do-it-yourselfers. Guided by a unique purpose and values, we are driven to provide quality products to customers, are fully committed to employees, and are dedicated to the community. We aspire to give employees the tools they need to achieve personal growth and success throughout their career. Each employee is a valuable member of our team, all working together to co-create our futures by serving our customers, community, and one another. Headquartered in a beautiful new campus in Ankeny, Iowa (just off I-35 north of Des Moines), Kreg creates products that are available throughout North America in the nation’s major home improvement stores, such as Lowe’s, Home Depot, and Menards. We recognize the importance of work-life integration and the health of our employees and acknowledge this through a flexible schedule and competitive benefits package. Beyond medical, vision, and dental benefits, Kreg also offers a “dress for your day” dress code, onsite fitness center, annual bonus opportunity, and volunteer time off, as well as paid parental leave, and tuition and wellness reimbursement. Product Manager The Product Manager is a multifaceted role encompassing product lifecycle management, growth initiatives, strategic planning, and cross-functional collaboration. They play a key role in driving the development and delivery of new products in alignment with the long-term roadmap. This role develops and implements category strategies to achieve both financial metrics and strategic objectives. They leverage their comprehensive knowledge of the product, along with compelling selling stories, pricing strategies, and other resources, to drive successful product commercialization and sales. So, What’s the Gig? Responsible for the creation of 3-year product line roadmaps and owned product lines and programs. Implement strategic product lifecycle management initiatives, identifying opportunities to drive sales growth for existing products and strategically refresh or rationalize underperforming products. Analyze internal selling data, consumer trends and competitive landscapes to inform actions and provide support for portfolio and roadmap recommendations. Utilize consumer research plans to identify product opportunities and effectively leverage the findings to gain stakeholder support. Develop strong business cases that align program objectives and product requirements with the product line strategy, with a focus on maximizing value for target end-users. Lead cross-functional teams to ensure the timely execution of new product introductions that meet both financial and strategic objectives. Maintaining clear and regular communication with stakeholders regarding project status, milestones, risks, and issues. Collaborate with the Marketing team to ensure that customers understand how critical product features serve as our competitive advantage. Forecast unit sales of new products. Drive execution of prioritized Product Management and NPD process improvements. Conducting regular reviews, inspections, and testing to meet project requirements and maintain high standard. Collaborate with Sales to achieve category sales targets. Oversees the execution of project tasks, monitoring progress, and ensuring adherence to project plans. Manages project resources, budgets, and timelines. May lead an Associate Product Manager depending on business needs and individual capabilities. What We’re Looking For: Bachelor’s degree in a related discipline with a preference for engineering or business. 2 years’ experience in project management roles, demonstrating the ability to plan, execute, and deliver projects successfully. 5 years of total experience in product development or marketing related roles, with a preference for consumer durable goods. 2 years of experience directly collaborating with industrial design teams to define new product concepts. Experience in working with project management frameworks and processes, including project initiation, planning, execution, monitoring, and closure. Experience in risk management, change management, and problem-solving in the project context. Experience translating market driven needs into technical product development requirements. Knowledge of relevant industry standards, regulations, and best practices related to project management. Experience in managing cross functional teams and coordinating project activities. Proficient with product management tools. Experienced in presenting data and research to inform best decisions and both short- and long-term strategies. Other Skills and Abilities We’re Looking For: Ability to prioritize tasks, manage multiple projects, and work in a fast-paced environment. Strong analytical skills to interpret data and make informed product decisions. Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams. Demonstrated leadership skills and the ability to influence others without direct authority. Strong problem-solving skills and ability to think strategically. Ability to work effectively with cross-functional teams and stakeholders at all levels of the organization. Knowledge of product development processes, including requirements gathering, prototyping, testing, and iteration Customer Focus Having an internal/external customer focus involves prioritizing the needs, preferences, and expectations of customers in a credible way. A person with customer focus works to understand pain points and develop ingenious solutions that are simplified. Having a customer focus ensures an ongoing commitment to prioritizing customer satisfaction in a way that builds long-lasting relationships that in turn drives sustainable growth. Authenticity Authenticity is being genuine and credible while achieving a sense of accomplishment. This involves honesty and transparency in one's actions and interactions while avoiding pretense and deceptions. An authentic person creates meaningful connections, builds trust with others, and achieves a sense of accomplishment that fosters innovation and personal growth. Courage Courage is the ability to take assertive action while collaborating with others in a respectful and supportive manner. This involves working collaboratively with others while being confident, proactive, and decisive in the achievement of shared goals. Exercising courage through respectful behavior and supportive action team members can inspire others to act with integrity, use their voice, take risks, and achieve full potential. Adaptability involves adjusting to change, diversity, and new ideas while being supportive, respectful, and approachable. It encompasses gracefully navigating evolving circumstances, demonstrating resilience, and actively seeking and incorporating constructive feedback for continuous improvement within the organization. Innovation is the process of creating or improving processes and products that are ingenious and fueled by growth mindset. It involves the application of new ideas, methods, or technologies to solve problems, meet customer needs, and create new opportunities that are approachable.

Innovative ideas are often the result of thinking outside the box, challenging assumptions, and taking calculated risks.

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