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Product Manager

$88k - $125k

ITW

Job Description:

Smart people.

Smart ideas.

Smart choice.

A thriving environment for learning, innovation and growth.

Position will be on-site in Eden Prairie, MN, location

Primary Objective

The Software and Controls Product Manager owns the product lifecycle and development roadmap for MTS' best-in-class Materials Testing application software and controls hardware. This role ensures products meet current and future market needs by synthesizing customer insights, market trends, and competitive intelligence - maximizing customer satisfaction while delivering against innovation, growth, profitability, quality, and market share objectives consistent with overall business strategy.

Major Areas of Accountability

  • Conduct market research and competitive analysis and gather customer insights to identify market needs and opportunities; benchmark leading competitors and emerging technologies.

  • Define and communicate the software and controls product vision, strategy, and roadmap, aligned with the overall product portfolio.

  • Provide perspective on key market trends to support annual and long-range planning activity.

  • Develop business cases to prioritize and justify new product development investments.

  • Create key product benefits and value propositions for new products.

  • Partner with Marketing Communications to develop launch materials and customer-facing product communications.

  • Develop and maintain product plans, executing against roadmaps and aftermarket strategies across the full product lifecycle.

  • Evaluate system-level value of software and controls offerings and set pricing strategy accordingly.

  • Develop sales readiness training and enablement tools to prepare the channel for new product introductions and launch objectives.

  • Partner with Sales to shape strategy for key account pursuits.

  • Support lead-generation initiatives and demand-generation programs.

  • Partner with Engineering to translate customer requirements and company objectives into product specifications.

  • Work closely with Engineering to ensure seamless hardware-software integration, addressing compatibility issues and optimizing system performance.

Education, Experience & Skill Qualifications

  • Bachelor's degree in engineering, marketing, business, or a related discipline; technical background strongly preferred.

  • Minimum of 3 years of experience in technical product management or related role.

  • Demonstrated ability to engage directly with customers, translating pain points and insights into product requirements and solutions through cross-functional development teams.

  • Strong communication skills and a demonstrated ability to work effectively across functions (engineering, sales, marketing, operations, finance, etc.).

  • Proven understanding of electrical, mechanical, hardware, and software technologies and frameworks, along with systems integration principles.

  • Proficiency navigating business systems (e.g., SAP, Salesforce) to gather and synthesize data into actionable market and product insights.

  • Experience with licensed products business models.

  • Strong growth mindset, with the willingness and capacity to learn and adopt emerging trends and technologies.

  • Proficient organizational skills, attention to detail, and a proactive approach to problem-solving.

  • Demonstrated ability to influence and lead cross-functionally across large-scale, multidivisional organizations.

Who We Are?

Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people's lives. It is a place where you can learn, innovate and grow professionally. MTS is a leading global supplier of test and simulation systems. Customers including Formula 1 teams, leading automotive and aerospace companies and the world's leading researchers in materials, seismic and other engineering disciplines all rely on our complex test and simulation systems to determine the reliability of product properties and to comply with quality standards.

MTS is an ITW company. ITW is a Fortune 300 global multi-industrial manufacturing leader with 49,000 employees across 56 countries worldwide. The company´s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns and offers career development and learning opportunities in more than 50 countries across the globe. At ITW we think and act like entrepreneurs. We embrace autonomy, make decisions and take ownership to create innovative solutions for our customers all over the world.

Our unique ITW Business Model applied across all segments and businesses gives us the tools to focus on what's most important, and keeps us grounded in our values of Integrity, Simplicity, Trust, Respect and Shared Risk.

This role is an opportunity to have a significant positive impact on people's lives. It is a place where you can learn, innovate, and grow professionally not only within MTS but across the ITW enterprise to Ignite Your Full Potential.

Best in Class Benefits

  • Our total rewards package is broad and offers comprehensive support from health and wellness to retirement and financial stability: myitwhr.com

  • Affordable Medical, Dental, Vision Insurance

  • HSA/FSA with a company match

  • Income Protection Benefits

  • Industry Leading 401(k) plan

  • Paid Time Off

  • Parental Leave

  • Matching Gift and Volunteer Program

Opportunities to Get Involved and Give Back

  • Our Employee Resource Groups (ERGs) are employee-led organizations that bring together diverse groups of people to share experiences and innovative ideas to help accelerate our path to full potential

  • It is also our commitment to a diverse and inclusive work environment, strive to create a place where everyone is welcome to contribute their talents and ideas.

  • ITW Hearts Giving Hope Program provides employees an opportunity to give back and help families in our neighborhoods who are in need

Physical Demands (US only)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.

Compensation Information:

$88,000 - $125,000 Annual Salary, commensurate with experience and qualifications.

ITW is an equal opportunity employer. We value our colleagues' unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

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