Job Information
TE Connectivity SR MGR PRODUCT MANAGEMENT in Fuquay Varina, North Carolina
SR MGR PRODUCT MANAGEMENT
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.
Job Overview
TE Connectivity's Product Management Teams manage all aspects of a product, from driving new product development to manufacturing to marketing. They are responsible for overall product strategy, business leadership and capacity plans in order to meet sales and profit targets.
The Global Product Manager - Solar manages all aspects of the Solar Products global product line, 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 to meet sales and gross margin targets. Manages a group of Regional Product Managers and Junior Product Managers globally across (3) regions – AMS, EMEA and APAC.
POSITION SUMMARY:
Market Sensing and Strategy (25% of time)
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 with 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
Develop Business Plan (15% of time):
-Achieve cross-functional alignment to the 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 margin)
continued
New Product Developments and Launches (25%):
Be the opportunity champion for PAC projects.
Plans product launches, including the development of marketing and sales plans.
Provide demand forecast inputs to SIOP team
Attend customer meetings in support of winning new business
Exercise thought leadership with other functions.
Provide inputs to Marcom for the development of collateral, including e-commerce.
Execution of Post Product Launches (20%):
Manage the P&L (sales and gross 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 pricing 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.)
-Provide accurate forecasts to the SIOP team on upcoming sales
Talent Management (15%):
-Manages and develops a team of product managers
-Puts in succession plans for all levels of the solar product management team
Key Success Factors:
Meet KPI targets for the below items:
Sales
Market Share
Gross Margin $ and %
Inventory ($ and turns)
-Value Add/Value Engineering cost outs
Manage new product introductions on time and within budget
Cost reduction
Forecast accuracy
Sales of new products 1 and 3 years post launch
Development of talent – succession readiness
What your background should look like:
-Bachelor’s degree - technical or business degree required; and 10+ years’ experience, including 5+ years in product management or technical sales
-Advanced degree (MBA) or relevant P&L management experience, preferred
-Relevant product / industry experience in Solar
-Experience leading a team of direct reports
Competencies
Motivating Others
Building Effective Teams
Managing and Measuring Work
Values: Integrity, Accountability, Inclusion, Innovation, Teamwork
SET : Strategy, Execution, Talent (for managers)
ABOUT TE CONNECTIVITY
TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, renewable energy, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 8,000 engineers, working alongside customers in approximately 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn (https://www.linkedin.com/company/te-connectivity/) ,Facebook (https://www.facebook.com/teconnectivity/) ,WeChat, (http://www.te.com.cn/chn-zh/policies-agreements/wechat.html) Instagram andX (formerly Twitter). (https://twitter.com/TEConnectivity)
COMPENSATION
• Competitive base salary commensurate with experience: $129,120 - $193,680 (subject to change dependent on physical location)
• Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.
• Total Compensation = Base Salary + Incentive(s) + Benefits
BENEFITS
• A comprehensive benefits package including health insurance, 401(k), disability, life insurance, employee stock purchase plan, paid time off and voluntary benefits.
EOE, Including Disability/Vets
Location:
FUQUAY - VARINA, NC, US, 27526
City: FUQUAY - VARINA
State: NC
Country/Region: US
Travel: 25% to 50%
Requisition ID: 123984
Alternative Locations:
Function: Sales & Marketing
TE Connectivity and its subsidiaries, affiliates, and operating units (collectively, the "Company") is committed to providing a work environment that prohibits discrimination on the basis of age, color, disability, ethnicity, marital status, national origin, race, religion, gender, gender identity, sexual orientation, protected veteran status, disability or any other characteristics protected by applicable law or regulation.
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