Senior Product Manager

SI Group•City of Schenectady, NY

13d

About The Position

As the Product Manager, reporting to the Director of Product Management, you will be responsible for maximizing margin performance through cost improvement of a portfolio throughout product lifecycle, across relevant markets and applications pursued by Strategic Marketing.

Requirements

BS/MS Chemical Engineering or related discipline; MBA or equivalent experience is a plus
Minimum five years of relevant experience with progressively increasing responsibility/scope in business operations or product management
Prior experience in commercial, manufacturing operations, business development preferred

Responsibilities

Product management actions supporting Strategic Marketing direction (considers emerging market needs, customer requirements, regulatory and competitor dynamics)
Idealize footprint to meet customer demand plan / enterprise capability (direct manufacturing, co-production, tolling or merchant-market purchase)
Adapt competitor information to set priorities for improved product sourcing, offerings, specifications, and performance
Develop and lead business cases and tactical projects to consolidate or invest in capacity
In periods where demand outstrips supply, Product Management leads cross-functional product allocation compliance with contractual obligations while maximizing total value
Manage product manufacturing trade-off decisions in cooperation with Supply Chain, Strategic Marketing leaders and Manufacturing, and coordinate the implementation
Serve as gatekeeper for product quality, acting as interface between manufacturing and Segment Managers by approving specification and process changes
Own product portfolio naming hierarchy and all product hierarchy master data, ensuring accurate and timely updates to source systems
Timely creation of new SKUs to support business requirements; manage SKU rationalization routinely
In tandem with relevant stakeholders, lead scenario modeling and business case development to evaluate product-related growth opportunities
Partner with Market Development to drive efficient new product launches through the stage gate process
Leverage broad-based portfolio functionality knowledge to identify M&A opportunities in conjunction with Strategic Marketing and New Business Development
Understand manufacturing footprint, supply chain and related dependencies that are inputs to total product cost structure
Drive value proposition development and quantification aligned to market segmentation to support market-back cost objectives
Support Sales-led channel management efforts to identify and leverage new and higher value outlets for portfolio
Use of service level inventory modeling to meet customer needs desired delivery performance targets (OTCC)
Alignment with procurement for opportunistic raw material purchases to drive down product costs / strategic sourcing alignment with Procurement