Sr Product Manager at Trane Technologies

Minneapolis, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Feb, 26

Salary

170000.0

Posted On

15 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Management, Market Strategy, Financial Reporting, Customer Needs Analysis, Sales Training, Data Analysis, Business Acumen, General Management, Industrial Processes, Channel Strategy, Marketing Strategy, Product Integration, Supply Chain Management, Competitor Analysis, Product Development, P&L Management

Industry

Truck Transportation

Description

At Trane TechnologiesTM and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go. What’s in it for you: Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient environments, it’s our responsibility to put the planet first. For us at Trane Technologies, sustainability is not just how we do business—it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what’s possible for a sustainable world. Thrive at work and at home: Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE! Family building benefits include fertility coverage and adoption/surrogacy assistance. 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution. Paid time off, including in support of volunteer and parental leave needs. Educational and training opportunities through company programs along with tuition assistance and student debt support. Learn more about our benefits here! Job Summary： The Product Manager for the MTA/PCU product will focus on establishing the go-to-market strategy and core offering for the product line within the chiller portfolio. The position will be a key member of the product management team for our chiller plant in Newberry, SC. The position will collaborate with sales, marketing, supply chain and other functions to ensure that the offerings deliver value that meets customer expectations. We are seeking a candidate with a nimble approach and a proactive, can-do mindset to ensure success in this role. The ideal candidate will possess the ability to anticipate challenges and opportunities ("see around corners") and effectively establish and manage the product line within our Trane systems. This capability will enable our channel to successfully position and sell the product to our customers. Where is the work: This position has been designated as On-Site. Following our standard schedule, 4 days onsite, 1 day remote out of the following locations: Davidson, NC La Crosse, WI Minneapolis, MN Buffalo, NY Amherst, NY Responsibilities: Develop and execute the product line strategy for the industrial applications and utilize standard work processes to manage the P&L and yearly operating planning for the product line Support the Newberry Product Growth Team and strategic A3 for equipment portfolio; working closely with Supply Chain, Procurement and Engineering Commercialize new products into industrial applications with constant channel engagement to quickly gain adoption in the market Prepare "business pulse" and financial reports on the product line on a regular basis to keep business leaders informed of progress on volume, profitability, and quality targets Create and execute the roadmap for product integration into existing sales enabling systems Coordinate efforts to understand unmet customer needs for new products or line extensions and determine what product offering features to develop Maintain an updated product mix by leveraging Trane Technologies’ business operating system standard work and tools including New Product Development Coordinate with the marketing, commercialization, and sales teams to review and adjust the portfolio marketing strategy, plan and countermeasures for all existing product lines based on performance Conduct regular industry, market, and competitor analysis, including detailed segmentation of end consumers and customers. Quantify growth opportunities that would allow Trane Supply to participate in markets that are growing faster and more profitably Support the training of Account Managers on the product line by proficiently delivering training and development to small and large groups, as needed Qualifications: Experience in Industrial processes and applications strongly preferred Must be able to travel up to 40% of the time Minimum of 2 years of functional experience needed Key Competencies: Experience integrating products/businesses strongly preferred Customer and Channel Strategy – Capable of analyzing end-user and channel segments to identify and target the most profitable areas for growth Sales and Marketing — Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems Financial Knowledge-Understand product full stream financial metrics and levers to quickly identify areas of concern and develop necessary actions to maintain product profitability. Data Analysis — Knowledge of statistics, and its applications to analyzing data Business Acumen — Knowledge of principles of business strategy and execution including portfolio management strategies, supply chain management and financial indicators General Management — Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources Familiarity with industrial process equipment preferred Compensation: Base Pay Range: $110,000-$170,000+ Total compensation for this role will include a commission/incentive plan. Disclaimer: This base pay range is based on US national averages. Actual base pay could be a result of seniority, merit, and geographic location where the work is performed. Equal Employment Opportunity: We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.

Responsibilities

The Product Manager will develop and execute the product line strategy for industrial applications and manage the P&L and yearly operating planning. This role involves collaborating with various teams to ensure product offerings meet customer expectations and drive market adoption.