TE Connectivity - Product Manager (7-10 yrs)

About the job:

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.

Key Responsibilities:

Market Sensing & Strategy Development:

- Research market trends, demand drivers, customer needs, industry trends, and competitive landscape

Conduct competitive analysis and benchmarking:

- Provide materials to support the 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 by providing product trend analysis

Develop Business Plan And Data Analysis:

- Work cross functionally to achieve sales, technology and operations strategies and goals, in line with financial goals.

- Regular data analysis to understand the trends, customer, and region segmentation.

- Development of market strategy PBP (Product Business Plan)

- Implement pricing policy aligned with Senior Manager, Product Management

- Assist in the development of the annual operating plan (Sales and gross or standard margin)

- Execution - New Product Development, Launch, Post Launch

- Prepare financial analysis in support of new product launch

- Manage PAC discussions with management for G1 and G2 opportunities

- Provide product information and samples to customers and sales team in support of new product launches

- Create RTS requests for new product development projects

- Gather product specification and product attribute information for the development of marketing collateral, including e-catalog

- Provide product demand forecast inputs to the S&OP process

- Perform pricing analysis in preparation of catalog price changes or in response to special pricing requests

- Develop the sales forecast for the S&OP plan

- Work closely with customers, the sales team, customer service, field application engineering on product development

- Work closely with finance on product cost and gross margin analysis to understand cost drivers and increase margins

- Analyze excess and obsolete inventory

- Assist in the resolution of product issues

- Global Product Strategy Alignment

- Participate and manage global strategy initiatives

- Drive portfolio decisions based on global strategy to drive efficiency and increase margins

- Optimize global portfolio including localization efforts, transfers, and product pruning based on customer needs

- Focused proliferation of existing portfolio with sales and customer reviews with increased focus on distribution

- Manage global innovation discussions with engineering, FAE, and sales based on new market needs and customer requirements

Experience:

- 7-10 years of related work experience with at least 3-5 years of Product Management or Product Strategy experience required.

- Relevant product or industry experience desired especially in Low-Voltage Terminals and Connectors.

- 4-year technical or business degree required

- Advanced degree (MBA) or relevant P&L management experience preferred

- Strong business acumen, good commercial and process understanding

- Specific role is that of a sole contributor, but ability and desire to manage people is preferred

Competencies:

- Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

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.