Product Manager

Posted:
9/27/2024, 8:52:44 AM

Location(s):
Chicago, Illinois, United States ⋅ Illinois, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Product

Workplace Type:
Hybrid

Who We Are:

At Formic, we’re on a mission to revolutionize American manufacturing and create more abundance in the world. We believe in continuing the American legacy of innovation by making automation accessible to all manufacturers and increasing their factory productivity by 10x. 

Built upon deep expertise in robotics and manufacturing, our unique Pay-for-Productivity robotics solutions combine the best automation technology, tools, and uptime services for manufacturers, paving the way for a new era of supercharged efficiency and competitiveness. 

As the world faces growing pressure from rising costs and labor shortages, Formic is a uniquely powerful tool in overcoming these challenges. Fueled by our vision for a resurged “Made in America,” we’re growing fast - achieving 70% quarterly growth in customer count and ARR, with ~30% of our customers having already deployed multiple systems.

Supporting us in our mission, with investments thus far totaling over $60 million, are backers including Blackhorn Ventures, Mitsubishi HC Capital America, NEC, Lorimer Ventures, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital and founders of multiple Fortune 50 companies. 

About the Engineering Team:

As a member of our Engineering Team, you will help Formic define and build the User Experience for the next generation of industrial automation robotic systems. At Formic, we are revolutionizing how these systems are built, maintained, and operated, believing that industrial automation should be as easy to deploy and operate as a printer.

We are seeking a Product Manager who is unafraid to challenge the current status quo in industrial automation user experience. You will bring the latest trends from consumer electronics, electric vehicles, and mobile apps into the manufacturing, deployment, operation, and support processes, while ensuring the safety, usability, and simplicity required in these environments.

Check out some of our recent projects here and here to learn more about what we are working on.

As our Product Manager, you will: 

  • Define our roadmap and maintain the Product backlog for Formic automation products
  • Define, validate, and communicate requirements derived from customer feedback, collaboration with Formic’s Marketing, Sales, Product & Solutions, Deployment, and Production Optimization teams, and your own career experience
  • Conduct studies, interviews, and focus groups to hear the voice of the customers on all levels: Operators, Engineers, Managers, and Executives
  • Work closely with engineers to find innovative solutions to bring required features to the products with lean and efficient engineering efforts
  • Work closely with UI, UX, and CX designer to define our App and HMI experience 
  • Participate in Scrum ceremonies as the product owner

What makes you a great fit:

  • 3+ years of relevant experience as a user experience-focused Product Manager within Manufacturing, Industrial Automation, Food & Beverage, Packing, Production operations, or similar industry
  • Previous experience working with physical products
  • Previous experience engaging with and collecting feedback from end users and operators of physical products
  • Experience with the software development lifecycle, Scrum process, and project management tools such as Jira
  • Previous experience with Figma and similar prototyping tools
  • Experience working in a startup or similar agile environment (highly preferred)

Total Rewards:

Total rewards packages at Formic consist of salaries benchmarked against similar stage growth companies, insurance (medical, dental, vision, life, STD, LTD), and equity in Formic itself. As an early stage startup, equity is an important part of our investment in you, and your investment in Formic. When Formic succeeds, we all succeed.

Final offer amounts are custom-crafted, based on the cash/equity ratio preference of the candidate, as well as their experience, geographical location and cost of labor, and more, and may vary from the range listed below. Ultimately we’re seeking top performers who will make a difference to our business, and we’re open to negotiating the compensation structure for the right candidate. The expected base pay range for this position is below.

Base Salary Range:
$115,000$155,000 USD

What we look for:

We’re building a company from the ground up, so every single person we hire has a massive impact on our team, culture, and ability to accomplish our mission. While each individual brings their own unique skills and perspectives to Formic, we look for people who share our vision and act in alignment with our Operating Principles. If this sounds like you, Formic could be the place for you:

  • Fearless Optimism: You share our ambitious vision of what we can accomplish. You’re aware of the challenges we will face as a startup doing new things in an old space, but you’re energized by the incredible opportunity we have to drive change for our customers, and for the manufacturing industry at large.
  • Factories First: You have a strong customer focus, no matter who your customer is. You seek to make things easier and better for our customers, even if it makes your job a little harder. 
  • Today, Not Tomorrow: There are always plenty of projects to tackle in a startup, but you prioritize, take accountability for work, and have a bias toward action.
  • Be Right Often: You don’t do things just because that’s how they’ve always been done. You keep looking for ways to improve, seek out feedback along the way, and back your decisions up with data. 
  • Made of Rubber: Just like rubber, when you fall you bounce back up. You know there’s going to be a lot of challenge and change in our work ahead but you are adaptable, resilient, and ready to thrive through it all.
  • Good Baton Passes: You work with a desire to make things easier and better for your team members. You use empathy to understand the needs and goals of others and support each other so Formic can be successful together. 

What We Offer:

Formic believes we do our best work when we are equipped to take care of ourselves and our loved ones. To support this Formic offers comprehensive benefits and perks for full-time US-based employees, including:

  • Equity in Formic: your slice of ownership in a fast-growing Series A startup, backed by some of the best investors in the world
  • 99% coverage on our base Medical, Dental, and Vision insurance plans (75% coverage for dependents) via Blue Cross Blue Shield and Guardian, with buy-up options, as well
  • FSA & DCFSA
  • Life insurance, Short-Term Disability, and Long-term Disability plans (covered at 100%) via Guardian
  • Employee Assistance Program
  • Paid parental leave
  • Company-sponsored 401k
  • Home Office Stipend for remote and hybrid roles
  • Monthly Phone/Internet Reimbursement
  • Flexible time off policy and 10+ company holidays
  • Opportunity to join a talented and diverse team united behind our mission to revolutionize American manufacturing

As our team grows, our benefit and perk offerings for employees based outside of the United States will vary. We are happy to discuss these options with you as part of our recruiting and interviewing process. Temporary or contract positions are not eligible for Formic employee benefits and perks, except where legally required.

Formic is an equal opportunity employer. We do not discriminate on the basis of race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, or any other basis protected by law. All employment decisions are based on a person’s merit, business needs, and role requirements. If you require further accommodations or have questions regarding accessibility of our roles, please reach out to [email protected].