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Full-Time

Product Manager

Water

Posted on 8/26/2024

Xylem

Xylem

5,001-10,000 employees

Water technology solutions for sustainability

Data & Analytics
Industrial & Manufacturing
Energy

Compensation Overview

$70.5k - $126.5kAnnually

Senior, Expert

Morrisville, NC, USA + 2 more

More locations: Charlotte, NC, USA | Garner, NC, USA

Category
Product Management
Product Strategy
Product
Required Skills
Market Research
Sales
Communications
Management
Segment
Marketing
Requirements
  • Bachelor of Science degree in Engineering or Business from an accredited institution, or equivalent
  • A higher degree in Business Administration is preferred. Master’s degree in Business Administration is desirable
  • Familiarity with radio equipment and RF network design principles and practice
  • A minimum of 7 years previous experience in product management
  • Demonstrated experience working in a NA team in a matrix organization
  • Demonstrate excellent computer, communication, presentation, management and analytical skills. Be able to resolve difficult technical and business issues. Be a self-starter with high motivation to achieve goals
  • Strong interpersonal, teamwork and problem-solving skills in order to effectively work with customers, business partners, staff and management from a variety of skill levels as well as different authority levels
  • Ability to understand technical issues and understand impact on projects, and effectively communicate these issues and impact to direct reports as well as other project stakeholders
  • Flexibility in terms of dealing with changing priorities and dealing with multiple projects simultaneously
  • The ability to have fun
Responsibilities
  • Assists in the development of product roadmap(s) covering positioning and value proposition, per product line, to serve as input into product development resource allocation, business development, and communications
  • Manages the execution of the multi-year roadmap for the NA product lines including; new product development, value improvements, product introductions, ongoing marketing, product support and service
  • Collaborate effectively with Vertical Marketing team to develop local launch plans that will empower sales (product launches, application areas, product brand thought leadership)
  • Assigns and take ownership of the XPD process by actively driving and participating in the tollgate process: by developing the business case, PAR, product specification etc. with the understanding of customer and market needs
  • Understands and specifies market requirements and market and technology trends for current and future products by conducting product related market research supported by Voice of Customer received through on-going visits to customers and other stakeholders
  • Framing the vertical offer, in a collaborative way with key stakeholders, by packaging the product, solutions and services e.g. developing offer per application and framing applicable value proposition per vertical
  • Monitors competition with respect to market performance, product portfolio and product performance
  • Maintains competitive mapping of strengths and weaknesses of major competitors and understands their “go to market” strategy
  • Develops strategic plan for products, pricing, and offerings to achieve long term revenue and margin targets
  • Understanding and providing data for the S&OP forecast, ownership of NA product sales and margin plan. If targets are not met, executes on the countermeasures
  • Collaborates with local Sales and Marketing teams to understand rationale behind wins and losses and market trends; Carefully follows up sales, orders and standard margin with the aim to reach targets, if not identify and drive actions to close the gap
  • Provide strategic pricing guidelines across markets and within the overall vertical, including Price Lists, as well as specific product/segment-focused efforts
  • Manage the product life cycle (launch to end-of-life) strategy and execution including identifying “sweet spot” applications in the market verticals by ensuring competitiveness of products (costs, features, price) by developing relevant business cases for decision making
  • Manage the entire product life cycle through phase-out, all while keeping the product line competitive
  • Having a broad understanding of the competitors in the industry on a high-level financial level as well as product offering
  • Drive and execute product launches according to the product marketing launch process in close collaboration with the Vertical Marketing, Commercial Teams and Communications. Being responsible for resource allocation, keeping the timeline, and all preparation to do a proper launch in time e.g. strategic pricing, product availability, training material and plan, information in product selection and configuration programs, communications material etc.
  • Identify and execute value engineering opportunities to make sure optimization of the product lines
  • Participates in technical meetings, conferences, workshops, industry days, trade shows and association events
  • Active participation in the development of sales tools and ensure its product data is updated
  • Develop business cases, when required, as the foundation for product brand decisions
  • Thought leadership activities (e.g. white papers) by developing content and/or presenting
  • Develop appealing, and where possible, a quantified, value proposition which is validated through market research, voice of the customer, and other data inputs
  • Collaborates with Sales, Vertical Marketing, and R&D to drive next generation value propositions by a rigorously understanding of the VOC
  • Develop complete internal communication package e.g. product release notes

Xylem develops solutions to address global water challenges using smart technology. The company provides hardware like water pumps and treatment systems, as well as software for hydrographic applications, serving clients such as municipalities and industrial businesses. Xylem stands out by combining both hardware and software offerings while focusing on sustainability and long-term contracts. Its goal is to ensure water security and improve water quality in an eco-friendly manner.

Company Stage

Seed

Total Funding

$10.2M

Headquarters

Washington, District of Columbia

Founded

2011

Growth & Insights
Headcount

6 month growth

143%

1 year growth

143%

2 year growth

143%
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Simplify's Take

What believers are saying

  • Significant investments from firms like Jennison Associates LLC and SageView Advisory Group LLC indicate strong market confidence in Xylem's growth potential.
  • Innovative projects like Reuse Brew demonstrate Xylem's leadership in sustainable water management, potentially attracting more eco-conscious clients and partners.
  • Recognition through awards for sustainability excellence enhances Xylem's reputation as a leader in the water technology sector, which can boost employee morale and attract top talent.

What critics are saying

  • The complexity of managing both hardware and software solutions could lead to operational inefficiencies and increased costs.
  • Dependence on long-term contracts with municipalities and industrial clients may expose Xylem to financial risks if these clients face budget cuts or economic downturns.

What makes Xylem unique

  • Xylem's dual focus on both hardware and software solutions, including advanced water pumps and hydrographic software, sets it apart from competitors who may specialize in only one area.
  • The company's commitment to sustainability and innovative projects like Reuse Brew highlight its proactive approach to addressing global water challenges, unlike competitors who may not prioritize eco-friendly solutions.
  • Xylem's long-term contracts with municipalities and industrial clients provide a steady revenue stream, offering financial stability that many competitors lack.

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Benefits

Professional Development – To advance the capabilities of our people, we offer a wide variety of experiences to support our employees’ professional growth and continuous learning.

Total Rewards – We offer comprehensive programs for compensation, benefits, recognition, learning and development, work-life integration and corporate citizenship.

Watermark – Watermark is our corporate social responsibility program working to provide education and access to safe water to ensure healthy lives, gender equality, and resilient communities. Employees have the opportunity to learn and volunteer on various water-related projects.

Employee Networks – Our Employee Networks provide a professional, supportive network for employees from diverse backgrounds, including Women’s, LGBT+ and Allies, Veteran’s, People of Color and Allies, Hispanic Origin & Latin Affinity, Emerging Leaders, and Working Parents Networks.

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