Senior Product Manager
$132.06k - $220.1kHypertherm Associates
Senior Product Manager - OMAX Waterjet Hypertherm Associates is seeking an experienced Senior Product Manager to lead both New Product Introduction (NPI) and Full Lifecycle Management for a part of our waterjet portfolio-from strategic market planning to in-market performance of your assigned products. You will be the business owner for a critical portion of the OMAX waterjet portfolio, shaping strategy, understanding critical market dynamics and needs, defining user-centered product requirements, partnering closely with engineering, regional commercial teams, customers, and channel partners during development, launch and lifecycle in the market, ensuring we deliver differentiated solutions that solve high-value customer problems. This is a high-impact role in a technically sophisticated, global hardware and software business serving demanding industrial environments. As a Senior Product Manager in the OMAX waterjet product group, your role will include: Strategic Product Leadership
Pay within this range will vary based upon relevant experience, skills, and education among other factors.
- Serve as the business owner for your assigned portfolio, accountable for product strategy, in-market performance, and long-term profitability
- Develop and maintain the product line strategy, business cases, and long-range product roadmaps
- Define segment opportunities using market analysis, customer research, competitive insights, and financial modeling
- Own product-line inputs to the long-range plan (LRP) and annual operating plan (AOP), ensuring alignment with growth and profitability objectives
- Lead cross-functional NPI teams from early concept through commercialization in both core and growth market spaces
- Develop product requirements, value propositions, and user experience needs, grounded in Voice of Customer (VOC) and User-Centered Design (UCD) practices
- Partner with engineering and operations on concept tradeoffs, feasibility, and technical architecture
- Drive pricing strategy, launch plans, and early market validation/"post-launch listening"
- Drive portfolio decisions to improve revenue, gross margin, and overall portfolio performance, including pricing, cost, and mix optimization. Be accountable for delivering financial outcomes aligned with business plans.
- Own in-market products from launch through end of life, including profitability, quality, market share, customer satisfaction and eventual product obsolescence and support.
- Identify and prioritize opportunities for cost reduction, performance enhancements, and line extensions.
- Develop core content for targeted product messaging, product training, and sales enablement tools.
- Monitor product performance and use financial and margin analysis to drive decisions and corrective actions
- Partner deeply with regional commercial teams to manage product success and drive improvement programs where necessary
- Work closely with engineering, sales, service, central and regional marketing, operations, quality, technical publications, and training.
- Engage with technical service and finance to execute strategies and achieve business goals.
- Enable commercial teams to win in the market through product positioning, competitive differentiation, and market insights.
- Interact with channel partners for strategic direction, near-term opportunities and in-market performance.
- Lead regular portfolio reviews and present strategy, financial performance, risks, and key decisions to executive leadership
- BS/BA in Marketing, Engineering, Business Administration, or a related field.
- 7-10 years of product management experience (or equivalent role in product strategy, engineering, marketing, sales, or business leadership).
- Demonstrated capability managing technical products or complex systems.
- Strong business acumen: pricing, financial modeling, forecasting, and business case creation.
- Experience collaborating in a matrixed, cross-functional environment.
- Demonstrated ability to lead without authority and drive alignment across engineering, operations, and commercial teams.
- Skilled in user-centered design and translating customer needs into product requirements.
- Excellent communication skills and a structured, analytical approach to problem solving.
- The following competencies:
- Impact and Influence - drive urgency to and decisions with teams inside and outside of the company
- Focus on the customer - be the representative of the customer in strategy, product development and lifecycle product management of assigned products
- External awareness - fully incorporate external market conditions, technology trends, competitive pressures and macroeconomic effects
- Strategic thinking - drive decisions and action plans that are biased to supporting strategic priorities, thinking through the 2nd and 3rd order implications
- Background in industrial manufacturing, industrial equipment, robotics, automation, automotive, machining, or other technical domains.
- Direct experience with cloud-connected embedded systems, hardware, capital equipment, or electro-mechanical systems.
- Engineering or technical degree.
- MBA or advanced business training.
- Familiarity with VOC, design thinking, and lean product development methodologies.
- Collaborative, 100% employee-owned culture
- Profit-Sharing and Employee Stock Ownership (ESOP)
- Five days/year paid Community Service Time
- Strong commitment to Environmental Stewardship
- Stable, growing organization with a no-layoff philosophy
Pay within this range will vary based upon relevant experience, skills, and education among other factors.
Vacancy posted 23 hours ago
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