Senior Product Manager
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. You will 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, and develop and lead business cases and tactical projects to consolidate or invest in capacity. In periods where demand outstrips supply, you will lead cross-functional product allocation compliance with contractual obligations while maximizing total value, and manage product manufacturing trade-off decisions in cooperation with Supply Chain, Strategic Marketing leaders and Manufacturing, and coordinate the implementation. You will serve as gatekeeper for product quality, acting as interface between manufacturing and Segment Managers by approving specification and process changes, and own product portfolio naming hierarchy and all product hierarchy master data, ensuring accurate and timely updates to source systems. You will also be responsible for the timely creation of new SKUs to support business requirements and manage SKU rationalization routinely. In tandem with relevant stakeholders, you will lead scenario modeling and business case development to evaluate product-related growth opportunities and partner with Market Development to drive efficient new product launches through the stage gate process. You will leverage broad-based portfolio functionality knowledge to identify M&A opportunities in conjunction with Strategic Marketing and New Business Development. You will 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, and support Sales-led channel management efforts to identify and leverage new and higher value outlets for portfolio. You will also use service level inventory modeling to meet customer needs desired delivery performance targets (OTCC) and align with procurement for opportunistic raw material purchases to drive down product costs / strategic sourcing alignment with Procurement.
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
- Maximize margin performance through cost improvement of a portfolio throughout product lifecycle.
- Manage product portfolio actions supporting Strategic Marketing direction.
- Idealize footprint to meet customer demand plan / enterprise capability.
- 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.
- Manage cross-functional product allocation compliance with contractual obligations while maximizing total value during periods of high demand.
- Manage product manufacturing trade-off decisions and coordinate implementation.
- Serve as gatekeeper for product quality, approving specification and process changes.
- Own product portfolio naming hierarchy and all product hierarchy master data.
- Create new SKUs to support business requirements and manage SKU rationalization.
- Lead scenario modeling and business case development for product-related growth opportunities.
- Drive efficient new product launches through the stage gate process.
- Identify M&A opportunities.
- 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.
- Support Sales-led channel management efforts.
- Use service level inventory modeling to meet customer needs desired delivery performance targets.
- Align with procurement for opportunistic raw material purchases to drive down product costs / strategic sourcing alignment with Procurement.
Benefits
- Competitive Medical, Dental, and Vision packages
- Company contribution to Health Savings Account
- Cash incentive for Annual Physical
- Reimbursement
- Company paid life insurance
- Disability plans
- 401(k) Retirement Plan with generous company match
- Certified Financial Planning & Investment services
- Generous Paid Time Off
- 10 Paid Holidays
- Paid Parental Bonding Leave
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What This Job Offers
Job Type
Full-time
Career Level
Senior
