Senior Manager, Product Management - Global Food Industry Job at Regal Rexnord Corp, Rosemont, IL

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  • Regal Rexnord Corp
  • Rosemont, IL

Job Description

Overview

The Global Food Industry Senior Manager, Product Management at Regal Rexnord will drive organic growth by aligning and positioning Regal Rexnord products within the Food Industry, with emphasis on the Conveyance Division's product portfolio. Responsibilities include developing and executing multi-year product roadmaps, clarifying and delivering compelling industry value propositions, collaborating across functions and divisions for industry alignment, and gathering the voice of the customer to inform decision making. The role also involves setting pricing strategy for lead industry products, protecting and growing share of wallet, profitably growing the portfolio with P&L management and KPI ownership, and using market data to guide decisions. An 80/20 industry and application mindset and a passion for purposeful innovation, customer success, and continuous improvement are essential to success.

Key Responsibilities
  • Leading Regal Rexnord's Food Industry Strategic Growth Initiatives

    • Lead cross-discipline and cross-divisional teams in the development and execution of strategic growth initiatives within the Food Industry

    • Develop, participate, train, and oversee RRX Sales and Marketing associates on Regal Rexnord's Food values through applications, sub-segments, and focus markets

    • Own cross-sell strategy for Regal Rexnord's Food industry while partnering with other Commercial team members for execution planning and deployment

  • Define and maintain global Food product roadmap

    • Segment the portfolio by geography, application, customer and product tier mapping unmet needs, market trends, and designing tiered product variants

    • Apply an 80/20 mindset by planning legacy product sunsetting alongside new-product launches, including product line simplification, alternative plans, and end-of-life communication

    • Embed continuous feedback loops from customers, field-service teams, and sales channels via Voice-of-Customer sessions

    • Align customer-focused innovation by partnering with new product and engineering teams to prioritize based on industry trends

  • Monitor performance metrics; drive corrective actions and continuous improvement

    • Define and track KPIs such as SKU Count, New Product Sales, Price Realization, OTD, among others

    • Manage Industry P&L performance to create a durable, profitable growth plan with an 80/20 mindset

    • Create and monitor real-time dashboards and conduct monthly and quarterly business reviews to assess performance against targets

    • Initiate problem solving and cross-functional working groups to address underperformance, implement containment measures, and develop countermeasure actions

  • Conduct market research, competitive analysis, and voice of customer

    • Leverage secondary research (industry reports, patent reviews, etc.) to track technology trends, regulatory shifts, and competitor moves

    • Translate insights into actionable product requirements, prioritization matrices, and go-forward recommendations

  • Establish strategic pricing models, ROI analyses, and go-to-market frameworks

    • Develop total cost-of-ownership calculators, pricing strategies, and rebate structures to optimize customer value and performance

    • Collaborate with finance, commercial operations, and sales to set contractual terms, promotional plans, and service agreements monitoring win/loss data for continuous refinement

    • Build business cases for new share gain investments, presenting customer- and industry-focused analyses and risk-adjusted scenarios to senior leadership

Leadership Competencies
  • Growth Mindset - Be able to push boundaries and think differently to outpace market growth rates

  • Communicates Effectively - Developing and delivering multi-mode communications that clearly understand different audiences' unique needs

  • Instills Trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity

  • Customer Focus - Building strong customer relationships and delivering customer-centric solutions

  • Business Insight - Applying knowledge of business and the marketplace to advance the organization's goals

Experience and Skills Required
  • Bachelor's in Engineering, Business, or related field; MBA preferred

  • Knowledge of Food and/or consumer goods industries sector

  • Minimum 10-15 years of relevant B2B product management / commercialization experience in the industrial manufacturing industry

  • Willingness to travel up to 20-30%

Compensation Details

$125,000 - $180,000

The salary range provided is intended to display the value of the company's base pay compensation for statewide locations across the United States. Salary is dependent on factors including location, candidate skills, experience, education, and internal compensation comparisons.

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Benefits
  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and AD&D Insurance
  • Paid Leaves
  • Tution Assistance
About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates worldwide. The company provides sustainable solutions that power, transmit and control motion, including electric motors, air moving subsystems, power transmission components, and automation offerings for factory automation to precision control in surgical tools. End markets include factory automation, food & beverage, aerospace, medical, data center, warehouse, energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord comprises three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. For more information, visit RegalRexnord.com.

Equal Employment Opportunity

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by applicable law), disability or protected veteran status, or any other characteristic protected by law. We are committed to building a diverse and inclusive workforce. If you would like to view a copy of the company's affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you require a reasonable accommodation to search for a job opening or to submit an online application, please email Recruiting@RegalRexnord.com.

Equality Posters and Agency Notice: Regal Rexnord does not accept unsolicited resumes or calls from third-party recruiters or employment agencies without a signed Master Service Agreement and HR approval.

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Job Tags

Worldwide, Shift work,

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