Product Manager

The posting, as Rheo Engineering wrote it

Product Manager

New Product Development | Peoria, IL (In-Person) | Full-Time | 10–20% Travel | Relocation Assistance Provided

Base Salary: $105,000 – $145,000

Variable Compensation: Eligible for Rheo's Product Manager KPI scorecard and bonus plan, tied to the condition and performance of your assigned product families

Every quote Rheo sends and every spec sheet a customer trusts starts with the person who owns the product record. If that level of ownership appeals to you, keep reading.

Rheo builds the powder handling, containment, and single-use equipment that pharmaceutical, biotech, and industrial manufacturers rely on. The portfolio spans roughly eight product groups and thirty product families, and is growing.

We're looking for a Product Manager to be the commercial owner of a set of those product families: holding the data the company quotes from, answering the questions the field asks, and building the picture of where your products win and where they fall short.

What You’ll Do

• Own an assigned set of product families, accountable for their maturity, competitiveness, documentation, and commercial readiness to be sold
• Drive every assigned product family to the maturity standard: current pricing, a released BOM, validated design documentation, accurate collateral, and correct SharePoint and Epicor records
• Author the roadmap sections covering assigned product families (improvement, new-opportunity, and lifecycle recommendations)
• Recommend product extensions, standardization opportunities, and retirement candidates, each with a business case behind it
• Own the sellable-product data of record in Epicor for assigned product families (MSRP, standard lead time, and stock levels)
• Own the estimating methodology as published and applied; CEM and Sales execute estimating within it
• Analyze pricing and margin performance for your products and bring the Product Director evidence-backed recommendations on where price and margin should move
• Own the currency of the Products SharePoint pages and product collateral for assigned product families, supplying Marketing the technical substance and product claims behind them
• Gather and structure customer, field, and Service input into product requirements, maintaining the requirements record that roadmap and NPD decisions are made against
• Own the competitive record for assigned product families: a current comparison of competitor products, configurations, pricing posture, lead times, and claims the organization can quote from with confidence
• Run win/loss review with CEM and Sales, carrying the findings into the improvement slate and the roadmap
• Serve as first-line triage for inbound product questions from Sales, Inside Sales, CEM, and Operations, owning the intake, response commitment, and escalation route
• Build and run the product training cadence: a published calendar, sessions delivered to Sales, CEM, PMO, Service, and Operations, refreshed whenever products change

[…]
rsistent follow-through on commitments.

• Bold Humility: courage to speak, act, and listen without arrogance.

Preferred Qualifications

• Pharmaceutical manufacturing equipment, powder handling systems, or containment technology
• Single-use technology or consumable product lines
• GMP or otherwise regulated manufacturing, including change control and customer qualification
• A stage-gate or comparable structured new product development process
• Competitive analysis, pricing analysis, or win/loss review

Why Rheo

• Privately owned and operated for 30 years and counting
• A smaller team (roughly 100 people) with a strong, in-person work culture
• Vertically integrated: see the products you manage built in the same building
• Equipment that contributes directly to pharmaceutical manufacturing
• Ownership visibility from concept through production
• A growing company in a stable, regulated industry where precision and accuracy matter
• Excellent benefits (see section below)

Benefits

• Leading medical insurance — consistently low rates compared to other businesses in the area
• Health Savings Account with employer contributions (plan-dependent)
• Dental, vision, and life insurance
• Short-term and long-term disability
• Identity theft insurance
• 401(k) with 4% employer match
• Generous PTO
• Paid paternity and maternity leave
• Paid cell phone plan with stipend for a new phone every 2 years
• Employee referral program

Working Conditions

This is a primarily on-site role based at our Peoria, IL facility, with regular time on the manufacturing floor and periodic travel (10–20%) to customer plant sites. Much of the work is desk-based, working with data and systems, and you should be able to lift up to 15 pounds and move throughout the facility and customer sites as needed. On-site visits may require personal protective equipment, including cleanroom gowning in single-use-technology environments.

Rheo Engineering is an equal opportunity employer.