What are the responsibilities and job description for the Product Manager - Polyethylene position at BAYSTAR?
Brief Description
BASIC FUNCTION
Key Responsibilities:
Must exhibit and demonstrate our 5 Core Values
This position requires the incumbent to:
BASIC FUNCTION
Key Responsibilities:
- Short to Medium-Term Business Optimization
- Lead regular cross-functional reviews (Marketing, Operations, Supply Chain) of product segmentation and product ranking to maximize financial results.
- Guide sales and planning teams on demand and supply alignment, ensuring efficient S&OP execution.
- Optimize product mix and sales allocations while managing inventory within target ranges.
- Lead margin velocity analysis and recommendations for implementation on optimal product mix.
- Drive profit optimization discussions across commercial, operational, and technical domains to enhance asset utilization and sales.
- Develop and enforce optimization frameworks for short-term execution, medium-term planning, and long-term strategy.
- Set and refine targets for demand, contracting volumes, inventory levels, and safety/turnaround stock to align with business plans.
- Regularly review product segmentation and ranking to guide strategic decisions.
- Long-Term Strategic Optimization
- Lead the 5-year business plan for product mix and balancing, ensuring alignment across functions.
- Develop 10-year product roadmaps, incorporating market demand forecasts and asset strategies.
- Evaluate investment opportunities by providing business case assumptions and scenarios for leadership approval.
- Oversee the execution of business plans and roadmaps, reporting progress and initiating corrective actions as needed.
- Product Portfolio & Innovation
- Drive product portfolio optimization through S&OP reviews, innovation evaluations, and simplification initiatives.
- Recommend product deletions, new product developments, and manufacturing innovations to enhance asset returns.
- Support risk management efforts by contributing to product continuity planning.
- Intimately involved in any activities requiring compounding and/or external manufacturing.
- Pricing
- Define pricing requirements to achieve business quality targets.
- Set monthly floor prices for product groups and regions for approval, ensuring competitive positioning.
Must exhibit and demonstrate our 5 Core Values
- Caring: Dedicated to Safety, Employees, Customers, Community and Environment
- Trustworthy: Living a Culture of Openness, Honesty, and Collaboration
- Focused: Creating Value by Delivering the Right Solutions
- Innovative: Daring to be different by finding New Ways
- Fun: Embracing our Diverse Family and Celebrating our Success
- Job Knowledge - Understands facets of job, aware of duties and responsibilities, keep job knowledge current
- Productivity - Manages workload, works efficiently, meets goals and objectives
- Quality - Strives to eliminate errors, accurate work is a priority, seeks opportunities to improve product/services
- Safety – HSSE - Works in a safe manner, uses PPE, recognizes hazards, makes safety suggestions and observations, current on Training Mine
- Minimum 10 years relevant working experience in petrochemical or similar related industry in commercial, financial, and technical environment
- Bachelor’s degree in engineering, business, or economy
- Working experience in relevant functions for at least 3 years each preferred
- Minimum 3 years’ experience in managerial role or leading by influence
- Thorough understanding of polymer markets and products in the Americas
- Exceptional understanding of profit drivers in business and operations
- Strong strategic and analytical capabilities in business planning and optimization
- Proven ability to collaborate cross-functionally and lead process improvements.
- Excellent communication skills with the ability to align and influence diverse stakeholders.
- Proficient in MS Office, advanced Excel, and PowerPoint skills; SAP experience preferred
- Master’s degree in Economics/Chemistry/Engineering
- MBA preferred
This position requires the incumbent to:
- Follow safety requirements for the role
- Wear required PPE (eye protection, noise protection, etc.) when inside plant environment, or where directed by signage
- Lift up to ten pounds
- Walk safely in and around industrial areas
- Work under deadline pressure within an environment that demands attention to safety and detail
- Sit or stand for extended periods of time
- Work at computer for significant periods of time throughout the day