Product Manager
Listed on 2026-10-17
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Business
Product Manager
New Product Development | Peoria, IL (In-Person) | Full-Time | 10–20% Travel | Relocation Assistance Provided
Base Salary: $105,000 – $145,000
Variable Compensation:
Eligible for Rheo's Product Manager KPI scorecard and bonus plan, tied to the condition and performance of your assigned product families
Every quote Rheo sends and every spec sheet a customer trusts starts with the person who owns the product record. If that level of ownership appeals to you, keep reading.
Rheo builds the powder handling, containment, and single-use equipment that pharmaceutical, biotech, and industrial manufacturers rely on. The portfolio spans roughly eight product groups and thirty product families, and is growing.
We're looking for a Product Manager to be the commercial owner of a set of those product families: holding the data the company quotes from, answering the questions the field asks, and building the picture of where your products win and where they fall short.
What You'll Do- Own an assigned set of product families, accountable for their maturity, competitiveness, documentation, and commercial readiness to be sold
- Drive every assigned product family to the maturity standard: current pricing, a released BOM, validated design documentation, accurate collateral, and correct SharePoint and Epicor records
- Author the roadmap sections covering assigned product families (improvement, new-opportunity, and lifecycle recommendations)
- Recommend product extensions, standardization opportunities, and retirement candidates, each with a business case behind it
- Own the sellable-product data of record in Epicor for assigned product families (MSRP, standard lead time, and stock levels)
- Own the estimating methodology as published and applied; CEM and Sales execute estimating within it
- Analyze pricing and margin performance for your products and bring the Product Director evidence-backed recommendations on where price and margin should move
- Own the currency of the Products SharePoint pages and product collateral for assigned product families, supplying Marketing the technical substance and product claims behind them
- Gather and structure customer, field, and Service input into product requirements, maintaining the requirements record that roadmap and NPD decisions are made against
- Own the competitive record for assigned product families: a current comparison of competitor products, configurations, pricing posture, lead times, and claims the organization can quote from with confidence
- Run win/loss review with CEM and Sales, carrying the findings into the improvement slate and the roadmap
- Serve as first-line triage for inbound product questions from Sales, Inside Sales, CEM, and Operations, owning the intake, response commitment, and escalation route
- Build and run the product training cadence: a published calendar, sessions delivered to Sales, CEM, PMO, Service, and Operations, refreshed whenever products change or launch
- Create and maintain training material (overview decks, application guides, FAQ documents, demonstration protocols) for internal enablement and market-facing education
- Act as the change manager for your products: when a released product changes, you're why the rest of the company finds out in time
- Lead new product development initiatives inside your own product families, from opportunity and business case through design, validation, and launch, running the project while Design Engineers do the design work
- Own launch execution on those initiatives and any new product entering your product families (pricing loaded, BOMs released, marketing ready, systems complete, the sales team enabled), then track performance against the approved case
- Draft business cases for opportunities in your product families and take them to review as the person who will run the project if approved
- Own Continuous Product Improvement intake for assigned product families: customer-care patterns, win/loss, margin erosion, manufacturing feedback, and field failures
- The organization quotes from Rheo's product data with confidence, because it is right, and when it is wrong, this role found it first
- Sales, CEM, and Operations know where to take a product question and get a useful answer quickly, and increasingly get it from this role rather than through it
- Product changes reach everyone who needs to know, in time, with documentation and training refreshed behind them
- The assigned product families move measurably up the maturity curve each quarter
- The company has a…
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