Parker Hannifin · 6 hours ago
Product Portfolio Manager I
Lancaster, NY
Full-time
Onsite
Senior Level
$106K/yr - $185K/yr
5+ years expParker Hannifin Corp specializes in the design, manufacture and distribution of compressed air & gas treatment and clean air solutions. The Product Portfolio Manager I will lead and develop product strategy and roadmaps to drive sustainable growth and margin expansion for the Compressed Air & Gas Treatment product portfolio.
HardwareIndustrial ManufacturingManufacturing
Responsibilities
Accountable for driving sales and margin growth of the product category
Execution will require strong leadership, drive and ability to guide and influence externally and internally within a matrixed organization
Actively participate with cross functional teams including engineering, supply chain, sales and production to manage entire product life cycle and maintain customer satisfaction and business objectives
Track key business performance indicators to identify and execute necessary countermeasure to achieving business/market goals to overcome obstacles or changes in market dynamics
Responsible for leading multiple product lines (product, promotion, pricing, and channel) across the Compressed Air & Gas Treatment portfolio to drive sales and margin expansion
Monitors sales and margin results and tracks and recommends appropriate actions
Develop and manage the Compressed Air & Gas Treatment product portfolio strategy
Lead the multi-generational product roadmap development process in line with division strategic plans
Supports Winovation new product development process
Defining customer requirements/needs and government & regulatory standards
Support Global Product Platforms
Ownership of product life cycle Management for the Compressed Air & Gas Treatment product portfolio
Complexity analysis & reduction
Manage product end-of-life cycle
Apply POP (Parker Operating Principle)
Support Simple by Design
Participates in the development and implementation of appropriate response strategies
Develops and leads IME strategies (existing product innovations/modifications/extensions)
Develop product value propositions and be accountable for new product launches
Investigates market needs for innovative products and works with Engineering to appropriately prioritize product development efforts for the product lines
Support Customer Segmentation
Conducts market research through trade associations, internet investigation and Corporate services
Monitors competitors' position, action and products
Maintain product literature, catalogs, technical bulletins, etc
Manage competitive Cross-Over
Attend customer visits, sales conferences, trade shows, as required
Attract, develop, & retain talent within the product manager function
Qualification
Required
Four-year degree, preferably in Engineering, Engineering Technology or Business discipline
5-7 years product management experience required
Strong computer skills (Microsoft Office Applications, Salesforce)
Strong verbal and written communication skills
Strong analytical skills
Demonstrated ability to organize and manage multiple priorities using effective problem solving / resolution skills and a team focus
Travel up to 25%
Preferred
MBA desired
Engineering or commercial functions in related industry preferred
Benefits
Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
401(k) Plan with company matching contributions at 100% of the first 5% of pay.
Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
Career development and tuition reimbursement.
Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
Paid Time Off and Company-Paid Holidays.
Company
Parker Hannifin
Parker Hannifin manufactures motion and control technologies, delivering precision-engineered solutions across various markets.
10001+ employees
H1B Sponsorship
Parker Hannifin 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 (26)
2024 (30)
2023 (26)
2022 (31)
2021 (23)
2020 (33)
Funding
Current Stage
Public CompanyTotal Funding
$4.13MKey Investors
Advanced Propulsion Centre UK
2016-01-18Grant· $4.13M
1978-01-13IPO
Leadership Team
Todd M. Leombruno
Executive Vice President and Chief Financial Officer
J
John Dedinsky
Corp. VP Global Supply Chain & Procurement
Recent News
2026-01-03
GlobeNewswire
2025-12-12
Company data provided by crunchbase