Be a part of our mission! As a world leader in creating comfortable, sustainable and efficient environments, it’s our responsibility to put the planet first. For us at Trane Technologies, 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.
If this sounds exciting to you, read on to learn more about who we are and what we believe in:
We uplift others – we believe in providing an opportunity for all and building a culture that is diverse, inclusive, and respectful. We lift each other up and care about the success and well-being of others.
We make an impact – we believe that what we do has the potential to change the world. We succeed together by striving daily to create a lasting, positive impact on the planet.
We thrive at work and at home – we are supported by meaningful benefits, compensation, learning and development solutions, and opportunities for rewarding careers. We are firmly committed to the well-being and safety of our people.
This is a Remote position.
As the Product Manager, Sourced Product, You will lead a strategic segment of the Sourced Product portfolio for the North America Commercial HVAC strategic business unit. This portfolio identifies, cultivates and manages strategic supplier relationships in an effort to capitalize on market growth trends, new technologies and existing portfolio opportunities.
You will be responsible for product strategy, cross-functional team leadership (internal and supplier), life-cycle management, multigenerational product plans, new product development programs, commercialization, customer research, cultivating strong supplier relationships, and go-to market strategy. In addition, you will be fully responsible for – and accountable to – meeting or exceeding Trane’s revenue growth targets, maintaining or growing market share and expanding margin.
We are seeking a high-energy, results driven product management professional capable of articulating a strategic vision and executing that vision to deliver business results. You will have excellent communication and executive presence, and be seeking an opportunity to grow and develop on a general manager track with a leading climate innovation company.
What you will do:
- Lead a sourced Product Growth Team (PGT). This is a cross functional team including the Product Manager, Operations Leader, Engineering Leader, Procurement and Solutions Marketer focused on driving profitable share growth.
- Lead product line strategy and long range plan development, P&L and annual operating plan for product lines. Effectively manage tradeoffs between short and long term product line performance as measured in revenue, margin, and market share.
- Develop and execute channel strategy aimed at developing and maturing channel capability to drive growth in market coverage and closure rate to enable product line to reach its entitlement in the market.
- Actively manage day to day needs of product line and strategic supplier, with particular focus on identifying and delivering profitable growth opportunities.
- Develop and execute a multigenerational product plan (MGPP) for product line, ensuring that the product positioning, pricing, cost, margins and customer value proposition support the overall equipment strategy and direction.
- Collaborate with other leaders and product managers to ensure product line strategy is in alignment with peer portfolio’s roadmaps and supports broader system, services and contracting initiatives.
- Collaborate with market research team to understand customer needs, and define the customer “Critical to Quality” specifications (CTQs) for product line and associated systems to support new product development programs (NPDs)
- Initiate and support business cases for NPDs that execute elements of MGPP.
- Collaborate with the sourced program manager and cross-functional product development teams to deliver projects on time, meeting CTQs, on budget.
- Collaborate, create and execute the marketing and commercialization for new products offerings and exiting product enhancement with strategic suppliers.
What we expect of you:
- 5-10 years of product management or strategic marketing. P&L leadership experience required.
- Bachelor’s degree required. Technical bachelor’s degree preferred.
- MBA or Master’s degree with marketing experience highly desired.
- Experience in HVAC industry and Lean experience preferred.
- Business knowledge: Strong familiarity with software development processes, software development roles and tools
- Customer bias: Passion for understanding our customer and how our domain can positively impact their business results
Base Compensation Range is $102,000 to $217,500
Disclaimer: This base salary range is based on US national averages. Actual base pay could be a result of seniority, merit, geographic location where the work is performed
We are committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.
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