Senior Product Manager
At Trane TechnologiesTM and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.
What’s in it for you:
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.
Thrive at work and at home:
- Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE!
- Family building benefits include fertility coverage and adoption/surrogacy assistance.
- 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
- Paid time off, including in support of volunteer and parental leave needs.
- Educational and training opportunities through company programs along with tuition assistance and student debt support.
- Learn more about our benefits here!
Where is the work:
Remote in geography:
This position has been designated as Remote.
What you will do:
The Product Manager for Coils and Compressors will have full responsibility – and accountability – for meeting or exceeding the product line’s organic revenue, market share and contribution margin objectives ensuring that all product and marketing efforts support the Trane HVAC Supply business’ overall strategy and goals. The position will collaborate with sales, marketing, supply chain and other functions to ensure that the offerings deliver value that meets customer expectations for the different HVAC Supply market segments. Strong analytical skills will be required to make fact-based decisions to prioritize customer segments with well-designed and delivered offerings.
- Lead Compressors, oversee Coils (with the help of an Associate Product Manager) product line strategy development, as well as P&L and yearly operating planning for the product lines
- Lead Product Growth Team and strategic A3 for both portfolios; partnering with Supply Chain, Procurement and Engineering as core PGT members
- Maintain ongoing channel engagement to support both the direct retail stores, e-tailers, independent distributors, and operations teams to enable product line growth
- Identify ways to accelerate growth through collaboration with internal plants and external supply partners
- Prepare "business pulse" and financial reports on the product line on a regular basis to keep business leaders informed of progress on volume, profitability, and quality targets
- Lead/coordinate efforts to understand unmet customer needs for new products or line extensions and determine what product offering features to develop
- Maintain an updated product mix by leveraging Trane Technologies’ business operating system standard work and tools
- Conduct regularly scheduled, customer-focused portfolio reviews of all product/service lines under management, enabling effective decisions related to product lifecycle management (including product rationalization)
- Coordinate with the marketing, commercialization, and sales teams to review and adjust the portfolio marketing strategy, plan (including targeted programs and promotions) and countermeasures for all existing product/service lines based on performance
- Conduct regular industry, market, and competitor analysis, including detailed segmentation of end consumers and customers. Quantify growth opportunities that would allow Trane Supply to participate in markets that are growing faster and more profitably
- Support the training of Account Managers on the Filtration and Refrigeration product line. Proficiently deliver training and development to small and large groups, as needed
What you will bring:
- Minimum of 8 years of functional experience needed
- 4 year degree in either Marketing, Business, Engineering or related field. MBA preferred.
- Product Life-Cycle Management – Understanding of how products move through their lifecycle and how to maximize margin at each stage
- Strong Business Acumen and experience building strategies
- Sales and Marketing knowledge – Building marketing strategy and tactics, product demonstration, sales techniques, and sales control systems
- Customer and Channel Strategy – Capable of analyzing end user and channel segments to identify and target the most profitable segments
- Pricing Strategy – Determine product line pricing objectives, policies, and strategies consistent with the overall portfolio and business strategy
- Strong analytical and financial skills to allow you to make decisions around product and/or service offerings to accelerate profitable growth
- Strong relationship building skills with the ability to influence/inspire (highly collaborative)
- Energetic, passionate, driven, and strong interpersonal skills
- Excellent verbal, communication, and presentation skills
- Must be able to travel 15% of the time.
Compensation:
Base Pay Range: $117,000 - $242,000
Total compensation for this role will include a commission/incentive plan. Disclaimer: This base pay range is based on US national averages. Actual base pay could be a result of seniority, merit, geographic location where the work is performed.
Equal Employment Opportunity:
We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.