Sr Product Manager - Semiconductor

CoorsTek, Inc.•Hillsboro, OR
•$128,555 - $176,763•Onsite

About The Position

The Sr Product Manager is responsible for maximizing assigned product line revenue and gross margin, managing product life cycles, collaborating with commercial leaders on product strategy and pricing, managing product modifications for margin improvement, and achieving targeted margin growth. The role has global or multi-region responsibility for assigned markets or products. Success is measured by margin improvement by facility and customer, as well as profitable new product introductions. The position also leads strategically significant programs involving multiple projects for new products or product improvements, ensuring program requirements and objectives are met. For an estimated 12–24 months, the role will focus on commercial and operational reviews across a defined group of plants, including pricing, customer portfolios, low-yield products, machine setup and downtime costs, capacity, minimum order values, and order-processing costs. The role will also drive customer qualification cadence for profitable customer acquisition. The preferred onsite locations are Hillsboro, Oregon, or Golden, Colorado. Travel may vary based on the employee’s location. The stated target salary range is for the Golden, Colorado area and may vary by region.

Requirements

  • Bachelor’s degree in a related field.
  • Minimum of seven years of relevant commercial and product-focused experience.
  • In-depth technical product knowledge and strong analytical skills.
  • Ability to influence senior managers and decision makers.
  • Ability to work with people from diverse cultures and backgrounds.

Nice To Haves

  • Semiconductor industry experience is desirable.
  • Ceramics experience is a nice to have.

Responsibilities

  • Track product line health against volume growth, profit margin, operating cash flow, asset utilization, and working capital metrics; lead resolution of internal issues such as quality and on-time delivery; and own the P&L.
  • Work with strategic insights and strategic marketing to understand the competitive landscape, market segmentation, and trends, and identify opportunities and threats.
  • Partner with marketing and provide input on data sheets, product memos, tradeshow materials, and related materials.
  • Partner with account managers on customer interactions and escalations when needed.
  • Liaise with supply chain and prioritize customer and delivery requirements.
  • Manage the product life cycle from launch to obsolescence, supporting organic growth through innovation, annual price improvement, and product rationalization.
  • Collaborate with operations to identify and initiate annual cost reductions or avoid cost increases.
  • Establish internal pricing floors and targets for account managers based on market pricing, in collaboration with leaders.
  • Assess capacity opportunities and margin maximization, aligning decisions with overall strategy.
  • Support business development through sales force training, customer visits and demonstrations, and relationship building with key stakeholders.
  • Review business cases, including capital expansion proposals, and make recommendations.
  • Define and communicate product line strategy, including positioning and the 4 P’s; develop product line service strategy with engineering and operations.
  • Drive OEM design wins, orders, and revenue growth.
  • Contribute to CoorsTek’s product and technology roadmap.
  • Partner with sales and operations on volume, revenue, and margin forecasting, including unconstrained and constrained demand forecasts.
  • Manage programs related to new products or product improvements.
  • Work with R&D and operations partners to identify and implement process improvements aligned with program goals.
  • Interact with customers and obtain their input on new product and market requirements and specifications.
  • Drive internal cross-functional schedules aligned with customer commitments and keep customers informed of status.
  • Conduct commercial reviews of pricing based on price history and time since the last price change.
  • Review customer portfolios commercially based on gross margin estimates for assigned plants.
  • Conduct commercial and operational reviews of low-yielding products.
  • Review products requiring significant machine setup or downtime, determine opportunity or machine costs, and assess whether those costs may be charged to customers.
  • Coordinate with Strategic Planning on facility capacity and determine whether filling available capacity is realistic or would create further inefficiencies.
  • Develop minimum order values by product line and/or facility.
  • Establish costing analyses for order-processing costs by plant and at the corporate level to identify which facilities are best in class.
  • Drive customer qualification cadence for profitable customer acquisition.
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