Product Manager – Smart Services

🔥 4 minutes ago

❄️ Minnesota – Remote

❄️ Minnesota – Remote

💵 $127.1k - $177.9k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

✅ Product Manager

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Trane Technologies

WebsiteLinkedInAll Job Openings

10,000+ employees

🏭 Manufacturing

⚡ Energy

🤝 B2B

Manufacturing • Energy • B2B

Trane Technologies is a global industrial company that designs, manufactures and services HVAC, refrigeration and building systems and controls, focusing on energy-efficient climate solutions and sustainability. The company supplies commercial and industrial customers with equipment, controls and field services, operates manufacturing and supply-chain operations worldwide, and emphasizes reducing customers' carbon footprint through initiatives such as its 2030 commitments and the Gigaton Challenge.

📋 Description

• Manage tradeoffs between short- and long-term product performance as measured in revenue, margin, and market share. • Actively manage day-to-day needs of services offerings, with particular focus on identifying and delivering profitable growth opportunities. • Support regular industry, market and competitor analyses, including detailed segmentations of end consumers and customers. • Work with product leader to ensure that the positioning, pricing, cost, margins, and customer value proposition support the overall services strategy. • Initiate and support business cases for New Product Development (NPD) activities with clear line of site on incremental revenue, expanded margin, and direct/indirect business impacts and dependencies. • Collaborate with other service, controls, digital, and equipment product managers to ensure strategy supports broader system initiatives and ensures smooth integration with the overall strategy for Trane. • Collaborate with market research teams to understand customer needs and define the customer “Critical to Quality” requirements (CTQs) and associated systems to support product lines. • Review and approve/reject adjustments to offer structure, pricing, policies or service features to better meet customer needs and expectations, based on regular product/service line reviews. Ensure pricing changes to all existing offerings to cover for inflation, market trends, competitor actions, changes to offer structure or features, and/or lifecycle stages.

🎯 Requirements

• Bachelor’s degree or relevant industry experience required. MBA or equivalent preferred. • 5 years of combined experience in sales, marketing, P&L leadership and/or product management roles required. • HVAC experience, knowledge of building systems operation, extensive knowledge of field, service, and product required. • Excellent written and verbal communication skills required. • Demonstrated ability to lead through influence required. • Strong quantitative and analytical skills required. • Highly effective team player able to develop and sustain an extraordinary level of team commitment, employee engagement and ownership. • Exceptional influencing and leadership skills, ideally with demonstrated experience in an environment resistant to change. • Strong negotiation and communication skills at all levels of the organization. • Deep understanding of service business needs, cycles, and tradeoffs, with ability to craft and articulate a future vision. • Desire to be held accountable for business results. • Strong remote, virtual working and time management skills as well as potential national travel for in-person meetings, events, and training needs. • Ability to travel independently up to 20% of the time required. • Knowledge of LEAN practices and ceremonies preferred.

🏖️ Benefits

• 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 includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options to support volunteer and parental leave. • Educational and training opportunities through company programs along with tuition assistance and student debt support.