Job Description:

ITW (Illinois Tool Works Inc.) is a Fortune 200 company and is one of the world’s leading diversified manufacturers of specialized industrial equipment, automotive components, consumables, and related service businesses. ITW businesses serve local customers and markets around the globe, with operations in 55 countries and an employee base of more than 46,000 women and men who adhere to the highest ethical standards. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of more than 17,000 granted and pending patents.

ITW Residential Mechanical Fastening  offers a broad range of professional grade tools and fasteners for numerous construction applications. Our products include structural wood fasteners (GRK Fasteners™), concrete anchoring systems (Tapcon®, Red Head®, Ramset®), underlayment screws (Backer-On Rock-On ®), self-drilling screws (Teks®) and drywall anchoring systems (E-Z Ancor®). ITW Residential Mechanical Fastening excels in meeting the growing demands from Pro end-users for high-quality home improvement and construction fastening products. Our products are trusted by industry professionals and each brand is the market leader in its respective category in terms of quality, performance and ease of use.

Core Responsibilities:

Customer Back Innovation – Execution of the new product development roadmap to capitalize on key market opportunities and champion the Customer Back Innovation stage gate process through cross-functional leadership. Product Managers will lead new product rollout efforts including forecasting volumes, end user validation, integrated marketing planning as well as sales and channel training.

End User Intimacy – Gain strong understanding of voice of customer through qualitative and quantitative market research that drive product strategy and development. Lead end user segmentation to ensure proper targeting and prioritization

Product Portfolio Management – Lead product portfolio strategy including management of existing product mix and pricing strategy to drive top- and bottom-line financial performance. Participate in capacity planning efforts working with operations and engineering.  Responsible for product line maintenance including SKU rationalization and simplification to optimize the product mix and financials.

Financial Ownership – The Product Manager will own the P&L for their product categories and deliver on key metrics by utilizing the ITW toolbox philosophies and other key performance indicators.

Market Landscape – The Product Manager will have a full understanding of the market dynamics including customer and end user trends, competitive trends and actions and will drive market sizing efforts to ensure focus on addressable market.  weaknesses of our competitor’s products/brands.

Qualifications:

Bachelor’s Degree required in business, engineering, marketing, or a comparable discipline, required; MBA, preferred.

A minimum of 3-5 years of marketing experience preferred with at least 2-3 years of product management experience; new product development experience, from inception to product introduction and full product lifecycle management preferred

Experience with durable goods is preferred

Financial acumen to analyze financial results and new market opportunities is preferred

Advanced skills in Excel, Word and Power Point are required.

The ability to travel approximately 20% is required

Strong team/project management, communications, and presentation skills

Proven ability to influence cross-functional teams without formal authority

Ability to maintain a keen attention to detail, multitask and work well under pressure

Natural tendency to be curious, positive, and creative

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Most time will be spent in an office environment.  Occasionally the employee may be required to spend time in manufacturing, lumberyard, and construction sites.  Certain personal protective equipment is required when in the manufacturing areas and construction sites. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions 

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit, stand, talk, hear, reach with hands and arms and regularly required to walk.  Specific vision abilities required by this position include close vision and the ability to adjust focus. 

ITW is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

All your information will be kept confidential according to EEO guidelines.

We do not accept unsolicited resumes. To be considered an applicant, please apply online to a specific job posting.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please click here for information on how to contact us directly.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.  

Compensation Information:

We believe our people are our greatest asset. That’s why we invest in creating an environment where you can thrive—both personally and professionally.  For more details, visit our Benefits page.

In addition, our benefits include paid vacation, sick, holiday, and parental leave.

Annual base salary range for this position is $90,000 - $100,000. Please note that this salary information serves as a general guideline. Company considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.