Product Manager

Product Manager For Service Parts & SuppliesBe a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including Trane® and Thermo King®, 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.Learn about our benefits designed for you to Thrive at work and at home.We boldly go.Where is the work:Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.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.The Product Manager for Service Parts & Supplies will have full responsibility – and accountability – for meeting or exceeding the product line's organic revenue, market share and contribution margin objectives ensuring that all product and marketing efforts support the Trane HVAC Supply business' overall strategy and goals. The position will collaborate with sales, marketing, supply chain and other functions to ensure that the offerings deliver value that meets customer expectations for the different HVAC Supply market segments. Strong analytical skills will be required to make fact-based decisions to prioritize customer segments with well-designed and delivered offerings.What You Will Do:Lead Service Parts & Supplies product line strategy development, as well as P&L and yearly operating planning for the product lineLead Product Growth Team and strategic A3 for both portfolios; partnering with Supply Chain, Procurement and Engineering as core PGT membersMaintain ongoing channel engagement to support both the direct retail stores, e-tailers, independent distributors, and operations teams to enable product line growthIdentify ways to accelerate growth through collaboration with internal plants and external supply partnersPrepare "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 targetsLead/coordinate efforts to understand unmet customer needs for new products or line extensions and determine what product offering features to developMaintain an updated product mix by leveraging Trane Technologies' business operating system standard work and toolsConduct regularly scheduled, customer-focused portfolio reviews of all product/service lines under management, enabling effective decisions related to product lifecycle management (including product rationalization)Coordinate with the marketing, commercialization, and sales teams to review and adjust the portfolio marketing strategy, plan (including targeted programs and promotions) and countermeasures for all existing product/service lines based on performanceConduct 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 profitablySupport the training of Account Managers on the Service Parts & Supplies product line. Proficiently deliver training and development to small and large groups, as neededWhat You Will Bring:Product Life-Cycle Management – Understanding of how products move through their lifecycle and how to maximize margin at each stageStrong Business Acumen and experience building strategiesSales and Marketing knowledge – Building marketing strategy and tactics, product demonstration, sales techniques, and sales control systemsCustomer and Channel Strategy – Capable of analyzing end user and channel segments to identify and target the most profitable segmentsPricing Strategy – Determine product line pricing objectives, policies, and strategies consistent with the overall portfolio and business strategyStrong analytical and financial skills to allow you to make decisions around product and/or service offerings to accelerate profitable growthStrong relationship building skills with the ability to influence/inspire (highly collaborative)Energetic, passionate, driven, and strong interpersonal skillsExcellent verbal, communication, and presentation skillsQualificationsMust be able to travel 15% of the time.Minimum of 4 years of functional experience needed4 year degree in either Marketing, Business, Engineering or related field. MBA preferred.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.Annual Base Salary Range or Hourly Base Pay Range:$90,900.00 - $130,059.99Compensation Type:SalaryIncentive Eligible:YesSales Commission Eligible:NoThrive 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.Paid time off includes up to 15 vacation days, paid holidays, sick leave, and additional options to support volunteer and parental leave.401K match up, educational and training opportunities through company programs along with tuition assistance and student debt support.Disclaimer: Benefit offerings may vary by site as well as Collective Bargaining Agreements and local/state regulations