What are the responsibilities and job description for the PRODUCT MANAGER V position at TE Connectivity?
Manages all aspects of a global product line or portfolio, from driving new product development to manufacturing to marketing and sales. Runs the portfolio as a “mini” GM. Responsible for overall product strategy, business leadership and capacity plans in order to meet sales and gross (or standard) margin targets.
What your background should look like:
Market Sensing & Strategy Development
- Articulate market trends, demand drivers, customer needs, industry trends, and competitive landscape
- Conduct market segmentation exercises to develop market segment-specific strategies.
- Conduct competitive analysis and benchmarking
- Define segment –specific value propositions that beat the competition
- Develop product roadmaps that aligns with business strategy
- Design 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.
- Manage the product lifecycle
Business Development Plan:
- Define resource requirements necessary to execute the product roadmap
- Work cross functionally to define sales, technology and operations strategies and goals, in line with financial goals. Build consensus on specific tasks.
- Establish pricing policy
- Develop the annual operating plan (Sales and gross or standard margin)
Execution- New Product Development & Launch
- Be the opportunity champion for PAC projects.
- Plans product launches, including the development of marketing and sales plans.
- Provide demand forecast inputs to S&OP.
- Attend customer meetings in support of winning new business
- Exercise thought leadership.
- Provide inputs to Marcom for the development of collateral, including e-commerce.
Execution- Post Launch Product Management:
- Manage the P&L (sales and gross or standard margin) for the assigned portfolio.
- Deliver sustained profitable growth
- Enable sales to promote product line via training and the development of collateral materials that help articulate the value proposition.
- Manage special price requests
- Track progress to the business plan and facilitate resolution to gaps.
- Be the champion for resolution of product issues (e.g., quality, delivery, etc.)
Competencies