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 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)Establish pricing policyAssist 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 launchManage PAC discussions with management for G1 and G2 opportunitiesProvide product information and samples to customers and sales team in support of new productlaunches
Gather product specification and product attribute information for the development of marketingcollateral, including e-catalog
Provide product demand forecast inputs to the S&OP processPerform pricing analysis in preparation of catalog price changes or in response to special pricingrequests
Develop the sales forecast for the S&OP planWork closely with customers, the sales team, customer service, field application engineering onproduct development
Work closely with finance on product cost and gross margin analysis to understand cost drivers andincrease margins
Analyze excess and obsolete inventoryAssist in the resolution of product issuesRegional & Global Product Strategy Alignment
Participate and manage global / regional strategy initiativesOptimize portfolio including localization efforts, transfers, and product pruning based on customerneeds
Manage innovation discussions with engineering, sales based on new market needs and customerrequirements
Talent Management
Manages and develops a team of product managersEducation and 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, High Voltage Terminals and Connectors.4-year technical or business degree requiredAdvanced degree (MBA) or relevant P&L management experience preferredStrong business acumen, good commercial and process understandingExperience managing direct reportsStrategically driven focused on big picture, innovation creating value for TE to leader in the marketAbility to influence cross functional teams both internally and externallyParticular Skills & Abilities Required
Demonstrate entrepreneurship thinkingClear, strategic thinker with the ability to execute on prioritiesExcellent relationship and communication skills & building effective teamsAbility to work deadlines and tight targets10-25% domestic Managing and Measuring WorkMotivating OthersBuilding Effective TeamsValues : Integrity, Accountability, Inclusion, Innovation, TeamworkSET : Strategy, Execution, Talent (for managers)ref : iimjobs.com)