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Illinois Tool Works

Global diversified manufacturer of industrial equipment

Product Manager - Industrial Equipment & Automation

Product ManagementConfirmed live in the last 24 hours
Full-time$90k - $130k /yr

About the Job

Requirements

  • A bachelor's degree is required.
  • At least five years of experience in product management, product development, or related roles in a B2B environment is required.
  • Demonstrated success leading cross-functional initiatives from concept through launch is required.
  • Preferred degree fields are Marketing, Engineering, Business, or a related field.
  • Technical aptitude with industrial equipment, automation, welding, software, or related technologies is preferred.
  • Travel up to 25% is required.

Responsibilities

  • Own and execute the strategy, roadmap, positioning, pricing, and lifecycle plan for the assigned product portfolio.
  • Translate customer needs, market trends, competitive intelligence, and business objectives into portfolio priorities and strategic choices.
  • Maintain a portfolio architecture that balances customer value, operational simplicity, and profitable growth.
  • Prioritize growth, defend, refresh, simplification, sustaining, and end-of-life initiatives.
  • Partner with Segment Managers to evaluate opportunities emerging from Explore and determine portfolio fit and prioritization.
  • Lead Product Management and marketing activities from Discover through Deploy, including product-level voice of customer, value proposition definition, requirements, business case development, and go-to-market planning.
  • Ensure Customer Back Innovation projects deliver revenue, margin, adoption, and customer experience commitments.
  • Serve as the product contact for sales, product support, and key customers.
  • Own product revenue, variable margin, profitability, and overall portfolio performance.
  • Drive actions to improve portfolio performance through pricing, cost, quality, positioning, and product rationalization.
  • Balance customer value, growth opportunities, operational realities, technical constraints, and financial performance.
  • Lead high-level projects and cross-functional teams from start to completion.

Desired Qualifications

  • A degree in Marketing, Engineering, Business, or a related field is preferred.
  • Technical aptitude with industrial equipment, automation, welding, software, or related technologies is preferred.

About the Company

Illinois Tool Works

Global diversified manufacturer of industrial equipment

ITW is a global manufacturer with a diversified portfolio of industrial products across seven segments, including automotive components, food equipment, welding systems, and construction tools. Its products are engineered and produced for OEMs and industrial customers, combining specialized components to meet the needs of large buyers. The company stands out through its multi-segment reach, large global footprint, and a business model that prioritizes the top 20% of customers to drive profitability and operational excellence. ITW aims for steady profitability and efficient operations by delivering reliable, value-added solutions across multiple industries.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Glenview, IL
Founded
1912

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