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Honeywell

Diversified industrial conglomerate: aerospace, automation, safety

Aftermarket Portfolio Manager

Product ManagementConfirmed live in the last 24 hours
Full-time$150k - $170k /yr

About the Job

Requirements

  • A bachelor's degree in Mechanical Engineering, Business Administration, or a related technical field is required.
  • At least 6 years of progressive experience in product management, aftermarket strategy, or service business development is required; industrial rotating equipment experience is preferred.
  • Demonstrated success leading business model transformation, service innovation, or digital/IoT platform initiatives in a B2B industrial or manufacturing environment is required.
  • Strong analytical and strategic planning skills are required, including hands-on experience in installed base analysis, Voice of the Customer programs, pricing strategy, and strategic plan development.
  • Proven ability to lead cross-functional initiatives and influence stakeholders at all levels without direct authority is required.
  • Excellent written and verbal communication skills, including experience presenting to executive audiences, are required.
  • Willingness to travel domestically and internationally as required, approximately 20–30%, is required.

Responsibilities

  • Lead the development and execution of the Aftermarket strategic plan, embedding business model transformation initiatives to move from traditional transactional models to high-value service and digital solutions.
  • Perform installed base analysis, including customer capture rates, segmentation, trends, and growth drivers, to identify opportunities to expand aftermarket parts, service, and repair revenue.
  • Plan and execute Voice of the Customer programs to understand customer requirements, pain points, and buying journeys across aftermarket parts, service, repair, and emerging service and digital offerings.
  • Develop and institutionalize standard work processes and playbooks to systematically identify and maximize capture of opportunities within the global equipment installed base.
  • Define, pilot, and scale new service models, including predictive maintenance, outcome-based services, and subscription offerings; own the business case, requirements definition, and go-to-market strategy for a new asset management platform.
  • Develop, maintain, and execute a product and service roadmap supporting growth and margin expansion goals and a more service-centric business model.
  • Lead pricing strategy development, value-based pricing implementation, governance, and performance reporting aligned with site-specific margin expansion targets.
  • Partner with Sales, Aftermarket Service Operations, Engineering, Digital/IT, Finance, and Marketing to ensure strategic alignment, resource prioritization, and execution of transformation programs.
  • Define, track, and report aftermarket KPIs and leading indicators, including revenue growth, gross margin, capture rate, customer retention, and adoption of new service models; provide insights and recommendations to senior leadership.

Desired Qualifications

  • Experience in rotating equipment.
  • Experience in Refining and Petrochemical markets.
  • An MBA or master's degree.

About the Company

Honeywell

Diversified industrial conglomerate: aerospace, automation, safety

Honeywell operates in four main areas—aerospace, building automation, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Its products couple hardware, software, and services, delivering integrated solutions for customers in design, manufacturing, installation, maintenance, and analytics. It stands out through a broad, diversified portfolio, a global presence, and the ability to connect multiple stages of the product lifecycle into one ecosystem. The company aims to help customers operate more reliably and efficiently, reduce costs and environmental impact, and grow recurring revenue by offering solutions, services, and digital platforms that link its hardware and software offerings.

Company size
10,001+
Company stage
IPO
Headquarters
Charlotte, NC
Founded
1906

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