BASF Product Manager in Shakopee, Minnesota

At BASF, we create chemistry through the power of connected minds. By balancing economic success with environmental protection and social responsibility, we are building a more sustainable future through chemistry. As the world’s leading chemical company, we help our customers in nearly every industry meet the current and future needs of society through science and innovation. We achieve this through our commitment to continuous improvement and operational excellence, which gives us the opportunity to set and deliver on ambitious, long-term goals.

We provide a challenging and rewarding work environment with a strong emphasis on process safety, as well as the safety of our employees and the communities we operate in, and are always working to form the best team—especially from within, through an emphasis on lifelong learning and development. This allows for our employees to innovate and generate new ideas, put them into action, and gain insights from them to further advance our collective expertise.

And we are constantly striving to become an even better place to work. BASF has been recognized by Forbes Magazine as one of America’s Best Employers in 2017. We strongly support the spirit of collaboration through effectively involving team members and colleagues from other relevant units when developing and executing strategies and projects. Come join us on our journey to create solutions for a sustainable future!

Product Manager (1805232) Shakopee, MN

Where the Chemistry Happens

The Product Manager will develop and execute product line strategies in cooperation with the Construction Systems Marketing and Product Management teams to achieve growth and margin targets established by the business. Responsibilities include portfolio management and implementation of product line strategies. Support industry sectors through implementation of business innovations, product portfolio strategies, product pricing guidance, cost reduction initiatives, market intelligence and tactical marketing activities. Support execution of the strategic plan by tracking KPI’s, value pricing support and sales target tracking.

Formula for Success

  • Work with the Regional Business Segment Manger in all phases of product management and marketing activities to ensure business goals and objectives are met.

  • Serve as a team leader for project teams and in some cases as a team member. Prepare and support innovation business cases and provide insight into innovation roadmaps for Construction Systems. Support or lead product launches as required within the portfolio depending upon the launch requirements identified by the team. Update innovation Phase Gate process including business cases as required and present the necessary gate reviews for approval.

  • Provide market pricing and guidance for the sales team to drive value for the materials in the marketplace. Establish price positioning and profitability expectations for the portfolio, as well.

  • Perform regular competitor reviews to identify potential innovation gaps, market pricing analysis and provide direction to Sales on competitive responses.

  • Implement product line strategies and measures for life cycle management program. Manage product regulatory issues for the portfolio and understand the future changes that are anticipated.

  • Based upon recommendations from Product Management Analysts, help prioritize and implement raw material cost improvement programs in conjunction with Development and Procurement.

  • Lead production tolling efforts within the business, working in conjunction with Supply Chain and Procurement, when capacity constraints are identified, and a third-party may be required to meet customer demand or when a third-party offering may fit the portfolio for a product that BASF cannot manufacture.

  • Develop, secure approval for, and execute a strategic product line marketing plan each year. Identify, communicate and lead new business opportunities within your area of responsibility.

  • Responsible for market intelligence to provide the strategic direction relative to product warranties, product samples and product and portfolio positioning.

  • Oversee the continuous improvement of product(s) in terms of quality, performance, packaging, manufacturing process, profitability, cost reduction and cost of goods sold.

  • Manage the technical data sheets and website content for the portfolio and understand and ensure implementation for testing required by the market and customers.

  • Work in conjunction with Communications Department for literature, tradeshow, industry publications and advertising requirements.

  • Oversee type and quality of packaging utilized for the assigned product groups within the areas of responsibility. Ensure all necessary EHS testing and reviews are completed for the final designed package. Work with Product Management Analysts for label content and implementation of new packaging.

  • Within the guidelines of the Product Rationalization Process, conduct a regular review of the portfolio and take actions as necessary to improve performance, up to and including product rationalization

Create Your Own Chemistry: What We Offer You

Adding value to our customers begins with adding value to you. You@BASF is the suite of benefits, perks, programs and unique opportunities we offer to support you—the whole you—in all stages of your life and career. With you@BASF, you create your own chemistry.

The total rewards that you receive as a BASF employee go way beyond a paycheck. From competitive health and insurance plans, to robust retirement benefits that include company-matching contributions, to making sure you never stop learning, we believe investing in you is investing in our success. Working for a large, global organization, you’ll have a chance to grow professionally and personally, expand your network and build a rewarding and dynamic career.

BASF provides interesting and challenging learning and development opportunities to help you make the most of your talents and your job.

Job: MARK - Marketing

Organization: N-EBN-Construction Chemicals North America-60000015

Title: Product Manager

Location: MN-Shakopee

Requisition ID: 1805232