ITW · 10 hours ago
Product Manager II
Glenview, IL
Full-time
Hybrid
Mid Level
$120K/yr - $130K/yr
3+ years expITW (Illinois Tool Works Inc.) is a Fortune 200 company and a leading manufacturer of specialized industrial equipment. The Product Manager II will set strategy, drive innovation, and manage profitability across product categories, overseeing the overall product lifecycle and leading customer-focused innovation efforts.
IndustrialManufacturing
Responsibilities
Customer Back Innovation – Execution of the new product development roadmap to capitalize on key market opportunities and champion the Customer Back Innovation stage gate process through cross-functional leadership. Product Managers will lead new product rollout efforts including forecasting volumes, end user validation, integrated marketing planning as well as sales and channel training
End User Intimacy – Gain strong understanding of voice of customer through qualitative and quantitative market research that drive product strategy and development. Lead end user segmentation to ensure proper targeting and prioritization
Product Portfolio Management – Lead product portfolio strategy including management of existing product mix and pricing strategy to drive top- and bottom-line financial performance. Participate in capacity planning efforts working with operations and engineering. Responsible for product line maintenance including SKU rationalization and simplification to optimize the product mix and financials
Financial Ownership – The Product Manager will own the P&L for their product categories and deliver on key metrics by utilizing the ITW toolbox philosophies and other key performance indicators
Market Landscape – The Product Manager will have a full understanding of the market dynamics including customer and end user trends, competitive trends and actions and will drive market sizing efforts to ensure focus on addressable market. weaknesses of our competitor’s products/brands
Qualification
Required
Bachelor's Degree required in business, engineering, marketing, or a comparable discipline, required
Advanced skills in Excel, Word and Power Point are required
The ability to travel approximately 20% is required
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
Self-starter with a natural tendency to be curious, positive, and creative
Preferred
MBA, preferred
A minimum of 3-5 years of marketing experience preferred with at least 2-3 years of product management experience; new product development experience, from inception to product introduction and full product lifecycle management preferred
Experience with durable goods is preferred
Financial acumen to analyze financial results and new market opportunities is preferred
Benefits
Paid vacation
Sick
Holiday
Parental leave
Company
ITW
ITW (NYSE: ITW) is a Fortune 300 global multi-industrial manufacturing leader with revenue of $15.9 billion in 2024.
10001+ employees
H1B Sponsorship
ITW has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (24)
2023 (21)
2022 (23)
2021 (22)
2020 (27)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Michael M. Larsen
SVP and CFO
Monica Wright
Global Divisional CFO | Controller
Recent News
The Motley Fool
2025-11-01
Illinois Tool Works Inc.
2025-10-30
Company data provided by crunchbase