About the position
As a Product Manager at Master Lock, you'll be the go-to expert for our consumer security product line, with a focus on major retail channels. You’ll manage the full product lifecycle—from strategic planning and market analysis to product launches and end-of-life transitions. Your mission will be to drive innovation in physical and smart security solutions that protect what matters most to our customers. In this role, you’ll collaborate cross-functionally to develop and execute a 3-year product roadmap, optimize revenue and margin through strategic pricing, and ensure alignment with Master Lock’s brand and security innovation goals. You’ll lead cross-functional teams through product development, provide key insights for situation analysis, and partner with Channel Marketing to craft compelling go-to-market strategies tailored to the evolving security landscape.
Responsibilities
- Develop long range strategic plans with annual updates for product, channel, process, and business opportunities.
- Plan and manage new product development projects through the entirety of a stage-gate process.
- Drive category captain leadership with external customers by leveraging analytics/insights for our markets, end users and channels.
- Collaborate with sales, finance, and revenue growth management teams to execute product line reviews and assortment updates.
- Deliver on P&L targets for assigned product categories.
- Manage the full lifecycle for the assigned portfolio from NPD through obsolescence and inventory disposition.
- Leverage and drive market research and consumer understanding to identify new product opportunities.
- Plan product line pricing, pricing strategy and manage profitability in line with business objectives.
- Collaborate with Brand, Channel Marketing, Digital and Commercialization teams to support development of sales assets.
- Train internal and external customers on products, marketing programs and business developments.
- Communicate regularly with field sales associates with occasional travel to key accounts and end users.
- Respond to daily customer and field sales inquiries, requests, and concerns.
- Develop library and database of relevant markets and competitors and complimentary offerings.
Requirements
- A bachelor’s degree in business or engineering is required.
- An MBA is highly desirable.
- Practical knowledge and experience with the new product development process.
- Minimum of 7 years of relevant experience in product management, marketing or engineering.
- Ability to interpret and leverage insights from pro forma and other financial analysis tools is required.
- Prior industry experience in security is preferred/ideal.
- Highly collaborative, flexibility and communication skills.
- Experience with connected products/IoT is a plus.
- Proficiency in MS Office suite and Oracle.
Benefits
- Comprehensive health plans.
- Market-leading 401(k) program with a company contribution.
- Product discounts.
- Flexible time off benefits including half-day summer Fridays.
- Inclusive fertility/adoption benefits.
