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Product Manager I

2 weeks ago

Bengaluru, Karnataka, India TE Connectivity Full time US$ 1,20,000 - US$ 2,00,000 per year

*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.

*Responsibilities*

Strategy Development:

Strat plan Create and control a rolling strategy plan for the assigned product family to deliver strong financial results That includes organic growth strategy through expansion of the product bag, launching new products into market adjacencies, as well as inorganic strategy to expand product depth and/or breadth enhancing relevance to customers/channel.

Creates breakthroughs (e.g., new market entry, new products, new business models, partnerships) through excellence in creating an ideas funnel, idea selection, prioritization, active experimentation, and scale-up of proven ideas.

Cascades the vision and strategy throughout the organization and ties it to clear near-term plans and metrics. Creates buy-in from the organization for the plan through early engagement.

Articulates market trends, demand drivers, customer needs, industry trends, and competitive landscape.

Expected to develop an in-depth understanding of major competitors in the key product markets. Can leverage competitive knowledge for strategic decision-making.

Develop product and technology roadmaps that aligns with business strategy and market needs.

Work with R&D and operations in the development of new products to meet current and future customer and market requirements. Creates / inspires a humble, learning and growth oriented, and continuous improvement mindset and culture in the organization.

Communicates widely and at multiple levels in the organization.

Develop Business Plan:

Define resource requirements necessary to execute the product and technology roadmaps.

Establish and execute pricing policy.

Work effectively with the Regional Product Management teams to drive execution of the product line strategies.

Partners with the sales organization and drives empowerment that accelerates speed and responsiveness while jointly defining GTM strategies.

Establish and develop close relationships and intimacy with key customers and focus distributors for the assigned product family.

Drives Profitable Growth of assigned Portfolio:

Manage the P&L (sales and gross margin) for the assigned product line.

Deliver growth above market through strong NPI (New Product Introduction) and share gain execution.

Drives YoY gross margin expansion by developing and executing robust pricing strategies, driving operational productivity, and improving product mix (when relevant)

Lead critical projects to drive competitive advantage for the assigned product line.

Track progress to the business plan and facilitate resolution to gaps.

Work on Futuristic applications and think ahead of time to spec in new products into the market

Work on gaining market intelligence with the help of cross functional team members to drive revenue growth pipeline and execute the same with utmost accuracy

*Desired Candidate Profile*

3+ years of product management experience in an automotive environment (preferred)

Bachelor's degree in engineering discipline preferably Electronics, Electrical, and Mechanical

Well versed with Data Connectivity products like RF connectors or high-speed data connectors used for applications such as Ethernet, ADAS, USB, Surround View System, Camera, Antenna, GPS, Heads up Display, Infotainment Unit, etc.

Strong hold in Microsoft excels and presentation

Understanding of market, product management, product development and sales targets

Detail oriented, Technical acumen, Strategic Growth Mindset Executing for Results

Building Relationships and Using Influence to reach set targets

Highly Effective communication skills

Networking with CFT for close collaboration to achieve desired targets

Ability to thrive in ambiguous and fast paced environments, adapting to new challenges.