ITT Inc.

Product Manager

ITT Inc.  •  $104k - $156k/yr  •  Irvine, CA (Onsite)  •  9 days ago
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Job Description

About ITT:

ITT is a leading manufacturer of critical components for harsh environments that serves fast-growing end markets in flow, aerospace and defense, energy and transportation. Building on our heritage of innovation, we partner with our customers to deliver solutions to the key industries that underpin our modern way of life.Headquartered in Stamford, CT, we have more than 11,700 employees globally with operations in ~40 countries and sales in more than 125. At our core is our engineering DNA, with 1,280+ engineers, 1,700+ active global patents and ~51 manufacturing locations.

Our businesses are organized in three distinct segments, each based around our core engineering DNA:

Industrial Process: A global leader in centrifugal and twin-screw pumps and engineered valves for chemical, energy, mining, and industrial applications. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Bornemann, Habonim, Engineered Valves, Rheinhütte Pumpen and Svanehøj.

Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone.

Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA.

Reporting to Senior Product Management Lead for Aerospace Electrical Interconnect Products, the successful candidate will manage all technical, pricing, and marketing related deliverables for interconnect products being sold to commercial and military aerospace markets. The candidate will interact daily with internal and external Sales staff, distributors, end customers and engineers, drive all product management activities and will be responsible for related revenue and margin. This position is responsible for achieving all profitability and revenue growth objectives for the assigned product lines in line with the company’s strategic plan.

Essential Responsibilities

  • Implement and develop online and manual pricing tools for responsible product lines in coordination with the pricing team to improve pricing responses and maximize revenue and margin with the goal of achieving a sub 5-day average turnaround time on all quotations
  • Manage product cost reduction activities and market price strategies to improve margins and closure rates on quotes and contract pricing agreements – achieve a minimum 15% closure rate on relevant product lines
  • Manage customer facing activities that results in maximum product line value, developing product related collateral to the Sales team, distribution, and end customers as well as messaging that maximizes ITT Cannon’s competitive position within the market
  • Develop marketing communications collateral in conjunction with marketing that optimizes messaging – build and execute a plan that includes a minimum of 1 marketing content release per quarter
  • Develop and manage product roadmaps and oversee specific product development projects crucial to ensuring new product launches are achieved on schedule in accordance with the product roadmap
  • Conduct and manage product related engineering activities through regular meetings to ensure engineering activities are supporting tactical and strategic product line objectives
  • Key management point of contact responsible for all product related pricing and margin activities as well as tactical and strategic activities related to the product line.

Safety is a core value at ITT. Our employees understand and follow all ITT safety policies and procedures, participate in workplace inspections, safety training, and in the development of job safety analyses.

Position Requirements

  • Bachelor's degree in business or a technical discipline, MBA preferred
  • Minimum 3 years' experience in Product Management, with Pricing, Sales, or Customer Service experience within the Aerospace industry
  • Familiarity with electrical interconnect products
  • Percent of Travel required, typically 25%-50%

#LI-RL1

#CCT

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range

Annual Salary Range is from $104,200.00 to $155,600.00, plus benefits & incentive plans.

ITT Inc.

About ITT Inc.

At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately ~11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion.

Motion Technologies: (Revenue of $1.4B; headcount of ~ 4,000; operates in 13 countries) manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets.

Industrial Process: (Revenue of $1.4B; headcount of ~3,400; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.

Connect and Control Technologies: (Revenue of $0.8B; headcount of ~ 3,800; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.

Industry
Manufacturing & Production
Company Size
5,001-10,000 employees
Headquarters
Stamford, Connecticut
Year Founded
Unknown
Website
itt.com
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