Job Overview
This position is for a Product Manager in the Industrial BU at TE and will play an instrumental role in creating a holistic vision for a defined product portfolio. This position has global product line ownership and responsibilities.
This individual will manage all aspects of the product lines in scope, from driving new product development to manufacturing to pricing to marketing. Therefore, the role must closely collaborate with colleagues in Sales, Engineering, Operations, and Marketing to gain cross-functional alignment and drive the successful execution of the product roadmap.
Responsibilities:
Market Sensing & Strategy Development
- Research market trends, demand drivers, customer needs, and competitive landscape/benchmarking across regions.
- Provide materials to support the go to market strategy, inclusive of channel strategy and partnerships.
- Work with R&D and operations in the development of new products to meet current and future customer requirements.
- Develop the Product Business Plan
- Manage the product lifecycle by providing product trend analysis
- Assist in the development of the annual operating plan (Sales and gross or standard margin)
- Work cross functionally to achieve sales, technology and operations strategies and goals, in line with financial goals.
Execution - New Product Development, Launch, Post Launch
- Prepare financial analysis in support of new product launch and lead leadership gate (PAC) discussions with management.
- Gather product specification and product attribute information for the development of marketing collateral, including e-catalog.
- Provide product demand forecast inputs to the S&OP process.
- Perform pricing analysis in preparation of catalog price changes or in response to special pricing requests.
Global Product Strategy Alignment
- Participate and lead global strategy initiatives.
- Drive portfolio decisions based on global strategy to improve efficiency and increase margins.
- Optimize global portfolio including localization efforts, transfers, and product pruning based on customer needs.
- Focused proliferation of existing portfolio with sales and customer reviews with increased focus on distribution.
- Lead global innovation discussions with engineering, FAE, and sales based on new market needs and customer requirements.
What your background should look like:
Position Requirements:
- Strong business acumen, good commercial and process understanding.
- Strong insights in the relay market, specifically insights in the high power relays area (MUST)
- 5-7 years of Product Management or Product Strategy experience required.
- 4-year technical degree required. MSc. is a plus
- Advanced degree or relevant P&L management experience preferred.