Industrial Oils Product Manager
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Business
Product Manager
Job Description & How to Apply Below
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Shape the Future with Us. At Lubrizol, we’re transforming the specialty chemicals market through science, sustainability, and a culture of inclusion. As part of our global team, you’ll be empowered to make a real impact—on your career, your community, and the world around you.
Job Type:Full-time / On-site (4 days in office, 1 from home)
How You’ll Make an ImpactAs a Product Manager you'll be at the forefront of our innovation, driving specialty chemical solutions forward. You'll collaborate with a diverse group of passionate individuals to deliver sustainable solutions to advance mobility, improve wellbeing, and enhance modern life.
The primary responsibility of a Product Manager is to develop and implement comprehensive product line strategies to drive the long-term financial health of the assigned product line. The Industrial Oils Product Manager will own and manage the product life cycle, from ideation to commercialization, and coordinate with cross-functional teams such as OEM, R&D, sales, procurement, supply chain and operations to ensure the overall competitiveness and profitability of the product line.
Inthis role, you will:
Key Accountabilities:
- Develop, implement, and manage product line strategies that align with Lubrizol’s corporate strategy.
- Ensure volume forecasts are consistent with market trends.
- Monitor product performance and make data-driven decisions to optimize product portfolio, profitability, and market share.
- Assist Commercial organization on contract management with valuable competitive product, pricing and margin analysis.
- Provide inputs for the annual profit plan targets setting (volume, revenue, margin) and lead its execution.
- Management of assigned product line (s), including:
- Develop pricing strategies that optimize profitability while remaining competitive in the market.
- Lead cross-functional teams in the development, launch, and commercialization of new products and ongoing product support.
- Manage the product lifecycle from ideation to product launch and beyond, ensuring on-time delivery and profitability.
- Collaborate with Operations, Procurement and Supply Chain to manage asset and operational decisions in support of the product line.
- Collaborate with R&D to develop new products or improve existing ones to meet customer needs.
- Collaborate with Sales and OEM teams to develop a deep understanding of customer needs, market trends, and competitive landscape to guide product development and positioning.
- Develop product positioning, value proposition and messaging to differentiate the product line from competitors.
- Support implementation of marketing plans to generate awareness and demand for the products.
- Collaborate with sales teams to provide training and resources to effectively sell the product line.
- Monitor performance, make data-driven decisions to optimize the product portfolio and profitability.
- Drive product success and profitability, ensuring the product line meets the needs of target customers.
A strong product manager should be a well-rounded individual with a combination of technical, market, and business skills, as well as strong communication and leadership abilities.
- Bachelor's degree in Chemistry, Chemical Engineering, Mechanical Engineering, Marketing or related field; MBA is a plus.
- Minimum of 5+ years of (ideally multi-functional) experience within the specialty chemicals industry,lubricant market experience a plus.
- Strong background in specialty chemicals, and understanding of product development processes
- Business Acumen:
Strong understanding of the financial aspects of the product line, including pricing, margins, and profitability.…
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