(Engineering Product Owner) Offering Specialist - Pumps

Posted 13 Days Ago
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Toronto, ON, CAN
In-Office
Mid level
Energy • Utilities • Industrial • Manufacturing
The Role
Lead product/offering lifecycle and P&L for pump offerings. Develop strategy, market segmentation, competitive analysis, pricing, roadmaps, and business cases. Drive go-to-market, collaborate with Sales, Operations, Marketing, and Engineering to improve quality, delivery, margins, and inventory turns while supporting launches and ongoing market support.
Summary Generated by Built In

Imagine working at the forefront of innovation in fluid-flow technology, with over 1,400 colleagues across the globe, and contributing to a legacy of excellence that spans eight manufacturing facilities on four continents. Armstrong Fluid Technology is more than just a leader in our industry; we are a community of the brightest and most creative minds, driven by a shared mission to engineer the future and safeguard our planet.

As part of our team, you'll be immersed in an environment that fosters growth, creativity, and collaboration. Here, you'll have the opportunity to push boundaries, tackle exciting challenges, and develop cutting-edge solutions that promote energy efficiency and reduce environmental impact. Every day offers the chance to make a meaningful contribution to a more sustainable future, driving innovations that help lower global carbon footprints. Together, we’re creating a legacy that goes beyond business—one that’s changing the world for the better.

The Offering Specialist supports lifecycle direction and management for the profit and loss of a suite of Armstrong offerings.

In addition to annual initiatives, the key accountabilities of this position are:

STRATEGIC DEVELOPMENT

  • Analyzes macro trends, addressable markets, growth rates, trends, new and existing competition, where Armstrong is targeted, where Armstrong could target, how Armstrong will differentiate, financial aspirations in each segment of market
  • Executes VOC (Voice of Customer) and VOS (Voice of Sales) activities
  • Develops the competitive landscape by gathering information such as factual market reports, outlooks, shares, and win-loss data, in ongoing way to inform and refine the offering strategy
  • Generates and creates the business proposition for capital investment, market growth, and improved market position of the offering category

MARKET DEVELOPMENT

  • Develops target segments and verticals and target accounts in their addressable markets
  • Supports the Offering Roadmap in context of Strategy, with high quality value propositions envisioned alongside compelling business cases, and awesome delivery of value propositions, including compelling launch and in market support.

OFFERING CATEGORY MANAGEMENT

  • Contributes to the Annual Business Plan and the delivery and execution of the Plan
  • Manages revenue, standard margin and sales contribution goals globally and across the selling territories.
  • Manages the execution of the pricing strategy – price list, ARMs, other incentives and rewards, variable cost structure, with annual targets to reduce product cost by line
  • Owns the Lifecycle of offerings – from introduction, maturity, pricing first time, ongoing price mgmt., ARM structure, retirement, and end of life sku’s; all coordinated to achieve business plan targets and improving inventory turns goals

BUSINESS OPERATIONS

  • Works with Operations to ensure delivery against requirements of target market. Monitors metrics and works with Operations on improvement plans where required.
  • Works to improve Quality and Delivery
  • Manages the marketing and communication program for the offering including awareness, consideration, hit rate and conversion needs for business, working with Corporate Marketing and Communications team, for all offerings in that area.
  • Works collaboratively with Sales to be sure right multi-channel model maximizes reach and profitability, and works to tweak channel model structure and incentives to continuously approve and exceed strategy and annual business plan goals

Role Requirements

  • Educational requirement: Degree in Engineering; Master’s in business administration (MBA) or equivalent business training will be an asset.
  • 3-7 years of experience working with product development, product management, sales, design engineering, manufacturing and distribution operations in an industrial or commercial B2B environment
  • Demonstrated knowledge of product engineering and management principles, general practices and regulations, policies and procedures
  • Creative problem-solving skills, conflict management within different organizations (centralized and matrix organizational structures)
  • Ability to break down complex problems in a simplified way, conduct root cause analysis and provide clear, well thought-out recommendations.
  • Strong, team-oriented leadership skills with presence and a bias for action.
  • Self-directed with ability to work autonomously and collaboratively and a focus on results.
  • Ability to communicate in an open and authentic manner in all situations

 

Why Armstrong Fluid Technology?

By joining us, you’ll become part of a global community dedicated to pushing the boundaries of fluid-flow technology while upholding Armstrong's commitment to sustainability. You’ll have endless opportunities to learn, grow, and make a significant impact on the world. Together, we'll build tomorrow’s solutions today.

Skills Required

  • Degree in Engineering
  • Master's in Business Administration (MBA) or equivalent business training
  • 3-7 years experience in product development, product management, sales, design engineering, manufacturing or distribution in industrial/commercial B2B
  • Knowledge of product engineering and management principles, regulations, policies and procedures
  • Experience with market analysis, VOC/VOS, competitive landscaping, and creating business cases
  • Experience managing pricing strategy, lifecycle management, and revenue/margin targets
  • Creative problem-solving and conflict management across matrix organizations
  • Ability to perform root cause analysis and provide clear recommendations
  • Strong team-oriented leadership, presence, bias for action, and ability to work autonomously
  • Effective open and authentic communication skills
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The Company
1,226 Employees
Year Founded: 1934

What We Do

Armstrong Fluid Technology is a global leader and innovator in the design, engineering, and manufacturing of intelligent fluid-flow equipment, control solutions, and optimization technologies. Focusing on HVAC, plumbing, and fire safety applications, the company provides energy-efficient and cost-effective solutions and performance management services to building and facility professionals worldwide, leveraging edge computing, IoT, and machine learning to optimize building mechanical systems.

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