Mgr II, Product na Progress Rail

The Product Manager role is responsible for effectively managing the development and commercial launch of our next-generation railroad industry product suites and services. This position is also responsible for managing our legacy product lines and any potential future shutdown of legacy products. The Product Manager is responsible for effectively managing the product lifecycle of the product line.

Progress Rail stands at the intersection of legacy and innovation—driving the future of rail with a pioneering spirit. Since its founding in 1983, the company has grown to become one of the world’s largest and most trusted providers of railroad products, services, and technologies. Today, Progress Rail delivers a comprehensive portfolio of cost-effective solutions to railway customers around the globe. From the rails themselves to the EMD® locomotives that ride them, the company’s products are in operation across more than 100 countries—powering progress and connecting communities. In 2006, Progress Rail joined Caterpillar Inc., further strengthening its ability to lead the rail industry with cutting-edge technology, unmatched expertise, and a commitment to excellence. At Progress Rail, the team is not just building the future of rail—they are making history every day.

• University degree, Business Administration, Engineering or Equivalent Education, training and experience.

Product Manager II

Independence

• Drives new commercial launch strategy for the next generation product and services; this includes updated market analysis, project time line communication strategy, customer communication, marketing, etc;
• Drives product and service suite growth strategy, including support and digital cloud services;
• Owns Product Volume, Profit/Loss;
• Develops and refines Product Pricing strategy;
• Owns Product Cost (target and cost out—works with Sourcing);
• Owns the entire Product Lifecycle;
• Works with Systems Engineering to develop Product and Service Requirements;
• Manages annual Revenue and Profit forecast/budget planning;
• Drives 5-year Long-Term Revenue and Margin budget/forecast;
• Drives long-term Product Vision / Multi-Generation Product Plan (MGPP);
• Develops customer value proposition;
• Owns and manages product specifications;
• Drive technology investment plan & payback analysis;
• Continuously researches and updates market Total Addressable Market (TAM)/Serviceable Available
Market (SAM);
• Allocates and manages budgets for all product line initiatives;
• Manages cross functional and external relationships, including industry relationships, working closely with the Director of Signaling Sales, General Manager, Sales, Engineering, etc.;
• Interfaces with senior management, customers, and key internal and external stakeholders on a regular basis;
• Lead projects within and across groups to bring new products to market;
• Lead all new product development planning and projects for the technology product line;
• Perform all responsibilities in accordance with "Our Values in Action, Caterpillar's Code of Conduct".

• Strong presentation and interpersonal skills;
• Strong verbal and written communication skills;
• Strong planning, budgeting, financial analysis and management skills;
• Marketing and Strategic planning skills;
• Demonstrated experience in leading or being part of a team environment with multiple examples of executing product development projects;
• Demonstrated experience in Product Management role(s) of industrial (preferred) and/or consumer technology products & services;
• Strong analytical capability & creative problem solving where problems are broad and complex;
• Solid understanding of value proposition development, Voice of Customer, trade-off analysis;
• Self-motivated with willingness to work beyond scripted job description.

Preferred Skills
• Broad knowledge of Railroad Industry and specifically locomotive, Signaling and Wayside Asset Protection Technology, including control system technology;
• Solid understanding of engineering and manufacturing quality processes;
• Understanding of the latest general technology innovations;
• Understanding of Railroad operational practices and policies;
• General marketing and strategic planning skills;
• Dasic financial statement knowledge;
• Financial analysis skills.

Essential and Physical Activities Functions
• Strength and Position — Position typically involves office managerial work. Frequent sitting, occasional standing, walking; occasional walking on uneven outdoor and indoor surfaces, climbing aboard locomotives. Rare light-level lifting (up to 30 pounds);
• Motion — Position regularly requires standard motions associated with an office environment as well as standard motions associated with walking into manufacturing area to inspect products and speak with associates, leading and demonstrating in an industrial environment;
• Vision/Hearing Requirements — Constant verbal communications, including both talking and hearing;
• Work Environment — Position will require the occasional use of Personal Protective Equipment. At times work in a non-temperature-controlled environment. Position is located in an industrial environment, including occasional exposure to noise (85+ decibels), exposure to extreme temperatures, exposure to hazardous materials, heavy equipment, and other hazardous working conditions;
• Emotional Demands —Very high level of responsibility. Responsible for location oversight of mission critical operations. Requires significant interpersonal skills while sustaining very high standards;
• Safety — Position will occasionally require the occasional use of Personal Protective Equipment.

The preceding description is not designed to be a complete list of all duties and responsibilities required of a Product Manager.

Progress Rail is an Equal Opportunity Employer, including Veterans and Individuals with Disabilities.

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance, and experience. Please note that salary is only one component of total compensation at Progress Rail.**

• Competitive Salary
• 401(k) plan with up to 6% company match (no waiting period with immediate vesting)
• Medical/Dental/Vision/Life/Disability Insurance
• Supplemental Accident, Critical Care, and Hospital Insurance available along with an HDHP and HSA with seed money
• Flexible Spending Accounts
• Paid Vacation
• Paid Holidays
• Paid Time-Off (PTO)
• Employee Assistance Plan
• Education Assistance Program
• Employee Recognition Programs
• Site specific Production and Incentive Plans
• Site specific Step and Skill Level Wage Adjustment Plans
• Site Specific Relocation and Sign-on Bonus Programs

*Benefits eligibility varies by job position, full-time/part-time and regular/temporary status. The provisions of the plan documents control such benefits.

**Subject to position, eligibility, and plan guidelines.

Marketing, Sales and Service

Missouri