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Product Manager III

Overview
TE Connectivityte.comPosted 2 months ago
IndiaOn-site
Quick apply
Seniority level
Senior
Employment type
Full time
Work experience
7+ years
Specialization
Product management

About the role

This position manages all aspects of the assigned portfolio throughout the lifecycle, including strategy, revenue, profitability, portfolio decisions, roadmaps, and new product developments. Responsible for revenue and gross margin of the portfolio and will play a pivotal role in driving the strategy to scale the business substantially and accelerate growth over the next years based on new product introduction, go-to-market expansion, and entry into adjacent applications. You will rationalize the portfolio and drive gross margin expansion through mixed improvement and production cost reduction. Bring a strategic, growth- and margin-oriented mind-set paired with excellent commercial acumen. This position cooperates with all functions of the company including but not limited to R&D, Sales, Marketing and Business Development, Manufacturing & Operations, Finance, Legal and Sales Operations.

Tasks and 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 align 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.

Drive 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.

Qualifications and Experience Required:

  • 7+ years of product management experience in an automotive environment. 
  • Bachelor's degree in engineering discipline preferably Electronics and Electrical 
  • Well versed with Terminal and connectors and automotive applications 
  • Strong hold in Microsoft excels and presentation 
  • Evidence of leadership responsibility for market, product management, product 

development and sales targets

  • Learning agility and Strategic Growth Mindset Executing for Results 
  • Building Relationships and Using Influence to reach set targets 
  • Highly Effective communication skills 
  • Business acumen combined with entrepreneurial mind-set 
  • Managing and Measuring Work on timely basis 
  • Motivating Others while keeping a tap on project timelines. 
  • Networking with CFT for close collaboration to achieve desired targets. 
  • Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

Key skills

  • Business Development
  • Product Management
  • Networking

Competencies

Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

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.