Product Manager
Illinois Tool Works
- Location
- Glenview 60025 - Residential Power Nailing
- Work model
- On-Site
- Level
- Mid
- H-1B history
- 10 approvals (FY2023)
- Posted
- 19h ago
About this role
Job Description
ITW Power Nailing , a division within the Construction Products segment, is a global provider of premium nailing and fastening solutions. Our products are engineered to improve contractor productivity and elevate building quality across both new residential construction and remodeling projects. With trusted, category-defining brands like Paslode , we set the standard in wood-to-wood fastening systems—delivering performance, reliability, and productivity that professionals count on. ITW offers you a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures. Our Glenview office has a free onsite fitness center, active employee resource groups, corporate discounts, and much more. We are just one block away from the Golf Metra station and quick train ride to downtown Chicago. Purpose of the Role The Product Manager will own the strategy, performance, and profitability of assigned product categories throughout the product lifecycle. As the business leader for their portfolio, they will collaborate cross-functionally across Engineering, Operations, Sales, and Finance to optimize portfolio performance and successfully commercialize new products. We’re seeking business-minded professionals who excel at problem-solving, communicate effectively, and thrive in entrepreneurial environments. Success in this role requires strong commercial acumen, cross-functional leadership, and the ability to leverage the ITW Business Model—including 80/20 prioritization and simplification—to drive profitable growth across assigned product categories.
Key Responsibilities
Product Portfolio Management Own the strategy and performance of assigned product categories throughout the product lifecycle. Lead portfolio optimization through product mix management, pricing strategy, SKU rationalization, and capacity planning in partnership with Operations and Engineering to maximize profitable growth. Financial Ownership Own the P&L for assigned product categories and deliver revenue, margin, and profitability objectives through disciplined management of key business metrics, forecasts, and performance indicators. Competitive & Market Intelligence Maintain a comprehensive understanding of the competitive landscape, product positioning, pricing, and market dynamics for assigned categories. Monitor competitive actions and portfolio performance to identify opportunities for incremental product improvements and portfolio optimization. Product Commercialization Lead the commercialization of new products from development through launch. Partner with cross-functional teams to develop launch plans, demand forecasts, sales tools, channel training, and go-to-market execution to ensure successful market introduction. Business Planning Provide input into annual and long-range operating plans, product forecasts, portfolio recommendations and key initiatives to support revenue, margin, and long-term growth objectives. Monitor portfolio performance and recommend actions to improve business results.
Required Qualifications
Bachelor’s Degree required in business, engineering, marketing, or comparable discipline 3+ years of marketing experience 2+ years of product management experience Ability to analyze financial results Proficient in Excel, Word and Power Point The ability to travel is approximately 20% Preferred Qualifications MBA or master’s degree Full product lifecycle management experience Experience with durable goods Strong team/project management, communications, and presentation skills Proven ability to influence cross-functional teams without formal authority Ability to maintain a keen attention to detail, multitask and work well under pressure Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.