Full-Time
Product Manager Locks
Product Portfolios, Bicycle Locks
Allegion
5,001-10,000 employees
Security hardware and access control systems
No salary listed
Münster, Germany
In Person
 Product (2) |
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- At least Bachelor's degree in Mechanical Engineering, Electronics, Mechatronics, Industrial Engineering, or related technical field
- Vocational/technical qualification (Techniker or Meister) with demonstrable several years' experience in product and project management
- 1–3 years of experience in product and project management role with focus on (electro-) mechanical products
- First experience around product lifecycle management and development of product portfolio strategies
- Proven project management experience with ability to plan, execute, and deliver projects on time and within scope
- Technical affinity with the willingness to engage deeply with product details also outside known areas
- Knowledge around product production processes and related supply chains (stamping, coating, molding, heat treatments, etc)
- Experience in driving ideas from concept to market launch
- Structured way of working with the ability to document use cases, requirements, and product specifications
- Very good MS Office skills (Excel, PowerPoint, Word)
- Fluent in English (written and spoken)
- Soft skills: Strong communication skills with the ability to engage stakeholders at all levels of the organization
- Entrepreneurial mindset with a proactive, solution-oriented approach
- Ability to work independently and take initiative
- Good organizational skills with the ability to manage multiple projects simultaneously
- Confident in leading meetings, driving decisions, and holding teams accountable
- Translates customer and internal requirements into actionable product features
- Role requires up to 25% national and international travel
- Manage your assigned product portfolio, ensuring profitability and growth across all three brands (AXA Bike, Trelock, Kryptonite)
- Lead and manage product development projects from initial concept through to market launch, ensuring on-time, on-budget, and on-spec delivery
- Create and maintain project plans, including timelines, milestones
- Analyze market trends, competitors, and customer needs to identify opportunities and inform product strategy
- Coordinate cross-functional teams (engineering, suppliers, manufacturing, marketing, sales) to ensure alignment and smooth project execution
- Develop and execute product strategy, planning, and positioning for assigned product lines across all markets and regions
- Own product lifecycle management from concept through end-of-life, including roadmap planning and phase-out strategies
- Define product requirements and specifications in collaboration with engineering team
- Support design development and ensure products meet quality, cost, and performance targets
- Prepare and execute product launches, including go-to-market planning, sales and customer training, and marketing support
- Monitor product performance (sales, margin, customer feedback) and recommend improvement
- Experience or knowledge in the bicycle/e-bike industry
- Experience in the development of mechanical consumer goods
- Understanding of manufacturing processes (mechanical, electro-mechanical, or electronics)
- Familiarity with Internet of Things, smart locks, or electronic locking systems
- Knowledge of international market requirements and regional product positioning
- Understanding of certification and testing standards relevant to bike locks
Allegion provides security solutions for doors and surrounding entrances worldwide, serving homeowners, businesses, schools, and other organizations. Its products include mechanical locks, electronic access control systems, and biometric devices that verify identity and control entry. These solutions can work together in layered security setups and are supported by related services and maintenance. The company aims to help people move safely and smoothly through homes, workplaces, and public spaces while pursuing ESG commitments and responsible innovation.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Dublin, Ireland
Founded
1908
Simplify's Take
What believers are saying
- Electronic solutions are becoming a larger growth engine for Allegion.[1][2]
- Mobile credentials and wireless access simplify multifamily and student-housing deployments.[7]
- Capital returns support confidence while Allegion modernizes its portfolio.[1]
What critics are saying
- ASSA ABLOY's scale pressures Allegion's pricing and channel share.[5]
- Residential demand weakness can slow Allegion's hardware and smart-lock growth.[5][7]
- Connected products increase cybersecurity and platform-dependency exposure.[2][6]
What makes Allegion unique
- Allegion specializes in security around the doorway and adjacent areas.[1][2]
- Its portfolio spans mechanical locks, electronic access control, biometrics, and workforce systems.[1][2]
- The company sells through 30-plus brands in 120 countries.[3][4]
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Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↓ -2%Allegion, a global security solutions provider, outlined its strategic shift toward electronics and software-based security at the JPMorgan Industrials Conference 2026. The company generates over $4 billion in revenue with 25% EBITDA margins, with electronics now representing more than 30% of total revenue. The firm is transitioning from mechanical hardware to electromechanical solutions whilst leveraging automation and AI to improve efficiency. Its aftermarket segment accounts for nearly half of overall revenue. Allegion expects high single-digit to low double-digit growth in electronics, though the residential market may contract slightly in 2026. The company operates in over 120 countries through two divisions, offering locks, door closers, exit devices, electronic access control systems and steel doors.
Allegion, a global security products provider, has been named a 2026 Gallup Exceptional Workplace Award winner for the third consecutive year. The company received the "With Distinction" honour, placing it among five organisations recognised for exceptional employee engagement achievements. Gallup's analysis, covering over 3.3 million employees across 90 countries, found that Allegion maintains a thriving workplace culture by emphasising individual strengths and creating an environment where employees feel valued. The company's focus on engagement helps drive stronger results across customer satisfaction, profitability and productivity. "When our people are empowered and connected to our purpose, they solve complex problems, innovate and drive our business forward," said John H. Stone, Allegion president and CEO. The company reported $4.1 billion in revenue in 2025.
Allegion, a security solutions provider, is showcasing interoperable electronic access control technologies at ISC West in Las Vegas from 23–27 March 2026. The company is demonstrating integrated hardware, software and services designed to address modern security challenges. Key exhibits include Schlage mobile credentials compatible with Apple Wallet and Google Wallet, available across iPhone, Apple Watch, Android phones and Wear OS smartwatches. Allegion is also demonstrating Aliro, a new communication standard for open access control, and the XE360 Series wireless locks featuring RealSync technology for real-time connectivity via Wi-Fi or Bluetooth. The company is expanding its Zentra platform into commercial markets with Zentra Edge for small to medium businesses. Additional showcases include the LCN Senior Swing automatic operator and Overtur, Allegion's cloud-based suite for managing door security across building lifecycles.
Allegion, a global security products provider, has acquired DCI Hollow Metal on Demand, a Los Angeles-based manufacturer of custom hollow metal doors and frames. Financial terms were not disclosed. DCI produces quick-ship solutions for industrial, commercial and institutional markets, serving hospitals, government buildings, schools, universities and stadiums. The company will operate within Allegion's Americas segment. DCI CEO Bob Briggs will serve in an advisory role during the transition. The acquisition strengthens Allegion's mechanical portfolio and expands its West Coast presence. DCI joins Allegion's doors and frames portfolio, which includes brands like Steelcraft, Republic Doors and Krieger Specialty Products. Allegion reported $4.1 billion in revenue in 2025.
JPMorgan has lowered its price target on Allegion plc to $180 from $190 whilst maintaining an Overweight rating, citing resilient margin performance despite growth challenges. The adjustment follows the company's fourth-quarter results released on 17 February. Allegion reported Q4 revenue exceeding $1 billion, up 9.3% year-on-year, with adjusted earnings per share of $1.94 and an adjusted operating margin of 22.4%. Full-year available cash flow reached $685.7 million. The company returned $175 million in dividends and $80 million in share repurchases to shareholders, whilst deploying approximately $630 million on acquisitions. For 2026, Allegion guided adjusted EPS to $8.70–$8.90, with total revenue expected to grow 5%–7%, driven by electronics and non-residential segments.