Global Product Manager

Building the people that build the world.

With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.

As part of HVAC Cooling, SPX Cooling Technologies is a leader in high quality industrial HVAC equipment used to cool large facilities like hospitals, data centers, and power plants. With cooling towers, fans, and refrigeration units, companies rely on brands like Marley, Recold, and SGS to provide comfort and mission critical and industrial cooling solutions.

SPX is a diverse team of unique individuals who all make an impact. As a Global Product Manager, you will manage the product lifecycle for assigned product lines from conceptual stages through end of life. The Product Manager aims to optimize profit while managing marketing, financial, and corporate growth objectives for all regions of the world, all applicable markets, and all sales channels.

Key areas of responsibility include product road mapping, product development, product rationalization, product enhancement, cost reduction, price attainment, margin optimization, commercial support, engineering/manufacturing guidance, and product positioning. Success in this role require the candidate to develop technical knowledge of assigned product lines, as well as a comprehensive understanding of market conditions and customer needs. This position partners closely with Engineering, Sales, Marketing, Product Management and Project Management in setting specific product and market strategies considering technical and commercial elements.

While each day brings new opportunities at SPX, your core responsibilities will be:

• Create, manage and update product roadmaps for assigned product lines
• Provide market and product updates to broader team as needed
• Participate in overall global product strategy and product development initiatives for assigned products and/or markets
• Gather and analyze Voice of Customer (VOC) and product sales data (e.g. sales, margin, win/loss ratio) to identify, recommend, and help implement improvements
• Create and validate product specifications for new product development efforts
• Identify new markets and markets sizes through analysis of marketing research for existing, new, and emerging products
• Influence and collaborate with R&D, sales, engineering, marketing, manufacturing, and operations to develop product definitions responsive to customer needs and marketing opportunities
• Define and document customer requirements for new products, as well as desired changes/enhancements for existing products
• Continually review current product portfolio’s ability to meet customer needs
• Determine which products to offer within each global region
• Develop product cost and lead cost reduction efforts to maximize margins in each region in which products are sold
• Develop pricing and promotional strategies based on marketing research and competitive analysis; implement these strategies in conjunction with Pricing, Sales and Marketing to establish and maintain market position
• Develop competitive analysis materials to compare product segment with key competitors
• Establish market pricing strategies
• Lead and develop best practices, processes and documentation
• Disseminate information on products and product/market strategies to all functional areas of the business unit, providing technical…