Product Manager, Sensors

LittelfuseChicago, IL
$104,400 - $161,760

About The Position

Be instrumental in expanding the Littelfuse Magnetic Sensing portfolio and strategy, with a focus on Littelfuse’s Custom and Catalogue Magnetic Sensor Assembly product offering. Direct and by delegation manage the product line including financials, organic and in-organic growth strategies, product roadmaps, NPD, and go-to-market. Responsible for determining and managing product line strategy through P&L ownership, analysis of markets, products, applications and technology trends, evaluation of competitive landscape, creating business cases to drive new product development, successful NPI execution and NPC/NPS improvement. Determine go-to-market strategy by region including focus distributors, product positioning and focus account selection and execution via global sales org. Drive demand creation strategy for your products. Be part of an initiative to build a world class Magnetic Sensor portfolio. Help define market, technologies, trends and opportunities. Execute well across multi-discipline teams (R&D, Supply Chain, QA, Sales/BDM). Co-develop and drive continuous process improvement goals. Contribute to Business Development to determine partnership and investment opportunities to grow the product and BU through analysis of market, critical success factors, key segments, competition for attractive investment and development of business plans. Engage with external companies to determine and execute on business development plans, including partnerships (PBL/GSS) and acquisition. Develop Marcom strategies for the BU and its products in the target market segments, customers, and distribution channels. Bring Marcom in alignment with BU strategy and Marcom provides appropriate delivery vehicle. Work with direct and indirect reports to provide material in support of Marcom plan as well as new product releases or introductions.

Requirements

  • Bachelor or university degree, BSEE (MSEE and/or MBA is a plus)
  • >10 years' experience working in the electronics industry, preferably with experience in magnetic sensors (assembles) using various technologies, including reed switches and TMR
  • Minimum of 7-10 years’ experience in product marketing and/or management
  • Experience mapping markets, segments, evaluating product offering, competition, etc. to shape strategic direction of a product line or business
  • Experience with owning product roadmaps and engagement with new product development to scope new product needs
  • Comfortable discussing engineering concepts/principles with customer design engineers in the field
  • Must have excellent verbal, communication, and interpersonal skills to engage with customers & represent LF
  • Experience in managing product line profitability including pricing authority
  • Understanding of industry channel practices and dynamics
  • Experience in partnering with other business units to develop and implement cost reduction plans
  • Track record of relationship with sales leaders to drive execution of product line strategy
  • Proven ability to work in a matrix organization and cross-functional team-based environment
  • Ability to manage through conflict and differences of opinion
  • Self-directed with an ability to set priorities

Responsibilities

  • P&L ownership of product line
  • Analysis of markets, products, applications and technology trends
  • Evaluation of competitive landscape
  • Create business cases to drive new product development
  • Successful NPI execution and NPC/NPS improvement
  • Determine go-to-market strategy by region including focus distributors, product positioning and focus account selection and execution via global sales org
  • Drive demand creation strategy for your products
  • Be part of an initiative to build a world class Magnetic Sensor portfolio
  • Help define market, technologies, trends and opportunities
  • Execute well across multi-discipline teams (R&D, Supply Chain, QA, Sales/BDM)
  • Co-develop and drive continuous process improvement goals
  • Contribute to Business Development to determine partnership and investment opportunities to grow the product and BU
  • Engage with external companies to determine and execute on business development plans, including partnerships (PBL/GSS) and acquisition
  • Develop Marcom strategies for the BU and its products in the target market segments, customers, and distribution channels
  • Work with direct and indirect reports to provide material in support of Marcom plan as well as new product releases or introductions

Benefits

  • competitive compensation and benefits
  • performance-based incentives
  • flexible work arrangements
  • development opportunities
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