Product Manager

Creating Peace of Mind by Pioneering Safety and Security

At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 11,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond.

PRODUCT MANAGER - CARMEL, IN

Product Manager

The Product Manager is a highly collaborative position responsible for executing strategic projects across the electronics portfolio of products in the Allegion Home business. This position is responsible for ensuring near term and long-term profitability for the business by partnering with the Director of Product Management and executing on the product plan, actively managing value propositions within programs, ensuring product line positioning, and all other aspects of product management within assigned strategic initiatives. This position enables and drives collaboration and partnership with multiple functions such as marketing, sales, manufacturing, sourcing, and engineering to achieve the successful execution of product plans and development of product roadmaps.

What You Will Do:

Business and P&L

• Contribute to the development of and ensure the execution of product activities that support Allegion Home business strategies
• Drive profitable project management that supports market price positioning and delivers on product cost requirements.
• Manage a Product Line P&L and positively impact top and bottom-line growth by working collaboratively with other functions and leadership
• Utilize and guide product line research: customer, pricing, competitive, etc.
• Participation in joint activities with the marketing organization including project planning, brand strategy, pricing/discount strategy, customer research and marketing communications.
• Evaluate internal and external financial, technology, channel, and market data in order to expand portfolio roadmaps and input into the Annual Operating Plan and Long-Range Plan.
• Analyzes and compares competitor's product lines in relation to the organization's current offerings. Competitive benchmarking to establish portfolio positioning and messaging
• Drive sales and marketing initiatives to deliver accelerated adoption of Schlage electronics products through ResPro and Ecommerce channels
• Collaborate with VAVE and sustainment teams to drive cost reductions to the Electronics portfolio in support of the product line pricing strategy
• Develop and drive productivity improving gross margins
• Drives change and continuous improvement efforts within Product Management to evolve and improve the function

New Product Development

• Involved in the product development life cycle from start to finish
• Business case development: Collaborate with Project team members to finalize business cases that detail sales forecasts, development investment, and commercialization strategy.
• Expert understanding of customer needs, changing industry requirements, and competitive positioning.
• Identify trends and needs within the market space and evaluate them as potential business opportunities.
• Involved in the product development life cycle from start to finish
• Collaborate with engineering to develop alternate ways to proceed with the development and delivery of new hardware and software solutions
• Marry research, market knowledge and internal inputs to build a balanced and impactful new product development portfolio

Strategic Planning

• Evaluate Home electronics portfolio to help determine near term (tactical) and long term (strategic) elements
• Lead the development and commercialization of residential electronic and connected solutions including IoT connections with major technology partners, latest networking technologies, software, etc
• Build and own a 5-year product line strategy for Electronics products through ResPro and Ecommerce channels
• Coordinate a cohesive Allegion Home Electronics strategy with other product managers

What You Need to Succeed:

• Bachelor's degree in Business, or technical field (Software, Electronics, Information Systems, etc.) required, Master's preferred.
• 3+ years of experience in product management or new product development
• Experience with electronic products, manufactured goods, building materials and retail is preferred.
• Demonstrated ability to influence and communicate effectively with diverse range of internal and external customers: customers, sales personnel, engineering, finance, executive leaderships, etc.
• Proven ability to translate complex customer and channel needs into thoughtful, well-organized business cases and portfolio roadmaps.
• Proven strategic planning ability and track record of supporting profitable business growth.
• Demonstrated ability to conceptualize, integrate, and execute new solutions within a business
• Strong business and financial acumen (business cases, price positioning, product margin, commercialization strategy, channel management, etc.)
• Proven ability to utilize research in the development and execution of new product development, pricing, and strategic planning
• Opportunity for hybrid work - onsite at least 3 days a week
• Ability to travel up to 30% required

Allegion is a Great Place to Grow your Career if:

• You are seeking a rewarding opportunity that allows you to truly help others. With thousands of employees and customers around the world, there's plenty of room to make an impact. As our values state, "this is your business, run with it".
• You value personal well-being and balance because we do too!
• You're looking for a company that will invest in your professional development. As we grow, we want you to grow with us.
• You want a culture that promotes work-life balance. Our employees enjoy generous paid time off, because at Allegion we recognize that you have a full life outside of work!

What You'll Get from Us:

• Health, dental and vision insurance coverage, helping you "be safe, be healthy"
• A commitment to your future with a 401K plan, offering a 6% company match and no vesting period
• Tuition Reimbursement
• Unlimited PTO
• Employee Discounts through Perks at Work
• Community involvement and opportunities to give back so you can "serve others, not yourself"
• Opportunities to leverage your unique strengths through CliftonStrengths testing and coaching

Apply Today!

Join our team of experts today and help us make tomorrow's world a safer place!

We Celebrate Who We Are!

Allegion is committed to building and maintaining a diverse and inclusive workplace. Together, we embrace all differences and similarities among colleagues, as well as the differences and similarities within the relationships that we foster with customers, suppliers and the communities where we live and work. Whatever your background, experience, race, color, national origin, religion, age, gender, gender identity, disability status, sexual orientation, protected veteran status, or any other characteristic protected by law, we will make sure that you have every opportunity to impress us in your application and the opportunity to give your best at work, not because we're required to, but because it's the right thing to do. We are also committed to providing accommodations for persons with disabilities. If for any reason you cannot apply through our career site and require an accommodation or assistance, please contact our Talent Acquisition Team.

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