SI Group
Senior Product Manager
- City of Schenectady, New York
- Onsite
- full time
- Posted today
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About the role
The Role:
As the Product Manager, reporting to the Director of Product Management, you
will be responsible for maximize margin performance through cost improvement of
a portfolio throughout product lifecycle, across relevant markets and
applications pursued by Strategic Marketing.
How You Will Make an Impact:
Portfolio Management
* Product management actions supporting Strategic Marketing direction
(considers emerging market needs, customer requirements, regulatory and
competitor dynamics)
* 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
* Develop and lead business cases and tactical projects to consolidate or
invest in capacity
* In periods where demand outstrips supply, Product Management leads
cross-functional product allocation compliance with contractual obligations
while maximizing total value
* Manage product manufacturing trade-off decisions in cooperation with Supply
Chain, Strategic Marketing leaders and Manufacturing, and coordinate the
implementation
* Serve as gatekeeper for product quality, acting as interface between
manufacturing and Segment Managers by approving specification and process
changes
* Own product portfolio naming hierarchy and all product hierarchy master data,
ensuring accurate and timely updates to source systems
* Timely creation of new SKUs to support business requirements; manage SKU
rationalization routinely
Opportunity Planning
* In tandem with relevant stakeholders, lead scenario modeling and business
case development to evaluate product-related growth opportunities
* Partner with Market Development to drive efficient new product launches
through the stage gate process
* Leverage broad-based portfolio functionality knowledge to identify M&A
opportunities in conjunction with Strategic Marketing and New Business
Development
Value Management
* 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
* Support Sales-led channel management efforts to identify and leverage new and
higher value outlets for portfolio
* Use of service level inventory modeling to meet customer needs desired
delivery performance targets (OTCC)
* Alignment with procurement for opportunistic raw material purchases to drive
down product costs / strategic sourcing alignment with Procurement
Creating Extraordinary Starts With:
* 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
What We Value:
We strive for all employees to nurture physical, mental and emotional health
both personally and professionally. Our commitment to health and wellness
centers around prevention, early detection and embracing a healthy lifestyle.
Some offerings may vary by role or region, but may include:
* Physical Health benefits including competitive Medical, Dental, and Vision
packages, company contribution to Health Savings Account, cash incentive for
Annual Physical and reimbursement
* Financial Wellness opportunities including company paid life insurance and
disability plans, 401(k) Retirement Plan with generous company match, and
certified Financial Planning & Investment services
* Mental Health benefits including generous Paid Time Off and 10 Paid Holidays,
Paid Parental Bonding Leave, and much more!
Essential Solutions with Extraordinary Results
SI Group is a global leader in the innovative technology of performance
additives, process solutions, active pharmaceutical ingredients, and chemical
intermediates. Our solutions are essential to many diverse industries and
applications, creating extraordinary results. We drive value by enhancing the
quality, performance, and durability of countless items we use every day.
We are on a journey to captivate our customers at every level. Whether that
means expanding our capabilities, global reach, or providing new innovations and
technologies that create value. Our approach is customized to exceed customer
needs and deliver superior performance.
Skills
- Portfolio management
- Product lifecycle management
- Strategic marketing
- Business case development
- Supply chain management
- Manufacturing operations
- Market segmentation
- Cost improvement
- SKU management
- Data analysis
- Cross-functional leadership
- Scenario modeling
- Strategic sourcing
- Inventory modeling
- Regulatory compliance
- New product launch
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