Savory Flavors Product Manager

About the position

At Sensient Technologies, we are experts in the science, art and innovation of color and flavor. We are market savvy and visionary. We are problem solvers. And we will be better with you. We are looking for a Product Manager to join our team and support the Savory Flavors & Ingredients business in North America. This position is a key member of the Sensient team, where you will be required to collaborate onsite in Hoffman Estates, 5 days per week. In this role, you will lead holistic product strategy, including market and segment analysis, competitive analysis, pricing best practices, go-to-market strategy, and product differentiation. This position works cross-functionally in the organization and has customer-facing interactions. You will be a pivotal member to define and take stake in Sensient's success roadmap.

Responsibilities

• Develop a deep understanding of products, how they are made and their value propositions
• Define strategies and implement tactics that support portfolio growth
• Support S&OP process, new item introduction, and long-term health of our portfolio via SKU optimization
• Work with Senior Leadership to outline targets (growth rate, revenue, margin, profit criteria)
• Guide pricing team for setting product line pricing strategy, and pricing elasticities, including floor pricing and pricing individual SKUs
• Collaborate closely with Finance and Manufacturing Operations to proactively identify and improve processes to eliminate bottlenecks
• Provide thought leadership in managing all portfolio aspects
• Work with our Sales Team as the product expert and visit customers as needed
• Collaborate with global product management peers to monitor market trends and competitive actions
• Work closely with our Sales Team to understand customer satisfaction drivers
• Play a vital role in preparing new product launch plans to ensure launch readiness
• Collaborate with our Innovation Team to identify gaps and product enhancements needed to solve taste challenges
• Work closely with Marketing and R&D to identify the true potential of a new product (Size of Price) and post-launch performance analysis
• Understand the competitive landscape
• Closely monitor the portfolio landscape, including competitive launches
• Identify potential strengths and gaps in products, processes, and technologies

Requirements

• 4-7 years of experience in a technical product management role, preferably in the food or flavor business
• Technical Bachelor's Degree in Food Science or Engineering with an MBA preferred
• Strong commercial acumen, with a proven ability to make choices and prioritize projects concerning the business opportunity they represent
• Analytical and detailed mindset. Comfortable discussing technical details
• Excellent leadership, communication skills and the ability to navigate in a complex matrix organization
• Action-oriented, self-starter, and demonstrated ability to make decisions with managerial courage
• Creative thinker and team player, enjoy customer contact working in a fast-paced environment
• Strongly identify and interpret customer, consumer, and market trends
• Excellent Microsoft Office Skills
• Working knowledge of CRM platforms, especially Salesforce
• Knowledge of ERP systems is a plus

Benefits

• Opportunity to collaborate with your colleagues, onsite 5 days per week
• An excellent salary, benefit offering and development opportunities
• A thorough and effective training experience during onboarding and beyond