What are the responsibilities and job description for the Sr Product Manager position at CoorsTek, Inc.?
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We're committed to bringing safety, quality, and customer focus to the business of advanced ceramics manufacturing.
Job Title
Sr Product Manager
Responsible for maximizing the current product line(s) revenue and gross margin, managing the product life cycle, collaborating with regional and vertical commercial leaders on setting the product strategy, and executing against overall regional or global product strategy, pricing collaboration, product modifications for margin management, and achieving targeted margin growth. Success is defined by margin improvement/lift by facility and customer. The Sr Product Manager has global or multi region responsibility for assigned markets or products.
Roles & Responsibilities:
Education:
Annual Salary: USD 126,034.00 - USD 173,297.00
Actual compensation is commensurate with experience, skills and education. CoorsTek strives to give all qualified applicants equal opportunity and to make selection decisions on job related factors. Do not provide any information on the application which will indicate your race, color, religion, national origin, sex, age, disability, sexual orientation, gender identity, pregnancy, genetic information, veteran status, or any other status protected by law or regulation.
If you like working for a company that makes a real difference in the world, you'll enjoy your career with us!
We're committed to bringing safety, quality, and customer focus to the business of advanced ceramics manufacturing.
Job Title
Sr Product Manager
Responsible for maximizing the current product line(s) revenue and gross margin, managing the product life cycle, collaborating with regional and vertical commercial leaders on setting the product strategy, and executing against overall regional or global product strategy, pricing collaboration, product modifications for margin management, and achieving targeted margin growth. Success is defined by margin improvement/lift by facility and customer. The Sr Product Manager has global or multi region responsibility for assigned markets or products.
Roles & Responsibilities:
- Track product line health against key metrics including volume growth, profit margin, operating cash flow, asset utilization, and working capital management, as well as lead the resolution of internal issues (e.g. quality, OTD, etc.).
- Work with strategic insights and strategic marketing, understand the competitive landscape.
- When needed, interact with customers.
- Act as liaison with supply chain and has responsibility of asset management including product allocation/prioritization. S&OP, TSS, etc.).
- Manage the life cycle of the product by ensuring organic growth through innovation and annual price improvement, as well as product rationalization.
- Collaborate with operations to identify and initiate annual cost reduction and/or avoid cost increases.
- Set internal pricing floors and targets for account managers, in collaboration with regional and vertical commercial leaders.
- Understand potential opportunities as it relates to capacity and maximizing margins.
- Train and guide new sales representatives on product.
- Perform other duties as assigned.
- Accountable to every commercial leader (vertical and regional) where product(s) are sold.
- Business case review, including capital expansion review.
Education:
- Bachelor’s degree in related field.
- Minimum seven years’ relevant commercial experience.
- In depth technical product knowledge as well as strong analytical skills.
- Ability to influence senior managers and decision makers.
- Must be able to work with a diverse variety of people from different cultures and backgrounds.
- Perform detail-oriented tasks utilizing high language and math skills.
- For the near term, estimated to be the next 12-24 months, the product manager will be responsible for performing the following for a set number of plants:
- Commercial review on all pricing based on age and length of time since price change.
- Commercial review of customer portfolio based on GM estimates within the specific plant.
- Commercial and Operational review of low yielding products.
- Commercial and Operations review of products requiring significant machine set up and/or downtime. Determine opportunity cost and / or machine costs possibly charged to customers.
- Coordinate with Strategic Planning on available capacity by facility. Determine if filling this capacity is a reality or creates further inefficiencies.
- Pull together minimum order values by product line and/or facility.
- Establish costing analysis for order processing cost (both by plant and corporate costs to define what facilities are BIC).
- Customer credit review with Finance on payment behaviors and external factors, in conjunction with sales operations.
- Success is defined by margin improvement/lift, removing bad customers, and operational efficiencies gained.
Annual Salary: USD 126,034.00 - USD 173,297.00
Actual compensation is commensurate with experience, skills and education. CoorsTek strives to give all qualified applicants equal opportunity and to make selection decisions on job related factors. Do not provide any information on the application which will indicate your race, color, religion, national origin, sex, age, disability, sexual orientation, gender identity, pregnancy, genetic information, veteran status, or any other status protected by law or regulation.
If you like working for a company that makes a real difference in the world, you'll enjoy your career with us!
