• Product Line Director

    Posted Date 5 months ago(15/01/2018 15:05)
    Job ID
    2018-1850
    City
    US-TX-Carrollton
    Country
    United States
    Seniority Level
    Mid-Senior level
    Job Function
    Product Management
    Type
    Permanent Full-Time
    Estimated Travel Required
    20 - 50%
  • Company Overview

    Come and work with us the “TT Way” which means we do the right thing, bring out the best in each other, achieve more together, champion expertise and get the job done…well! With approximately 4100 colleagues we operate from 21 locations around the world. Building the expertise of our people is critical to the future success of our organisation.

     

    TT Electronics is a global provider of engineered electronics. We collaborate with customers in the transportation, industrial, medical, and aerospace and defence markets, providing them with engineering expertise and support through a global network of specialists and world class facilities. As a responsible employer we encourage all our people to “give something back” by supporting the local communities in which we operate.

     

    *Role is located at our Carrollton, TX and Brea, CA sites*

     

    Our OPTEK Technology unit in Carrollton is an innovative leader in the optoelectronics and lighting industries. Equipped to meet the needs of our worldwide customers, OPTEK products can be found in office equipment, industrial applications, encoders, military and high-reliability applications, medical diagnostic equipment, automotive and lighting applications. With over 40 years of mounting, bonding, and packaging experience, our engineering teams have the skills and expertise to deliver optoelectronic solutions for the most demanding environments.

    Role Overview and Responsibilities

    Introduction

    The Product Line Director for (Variables/Position Sensing) is responsible for establishing the business growth strategy and managing business performance for the product portfolio. The incumbent will partner with Sales, Marketing, Applications Engineering, Operations, and Product Development to identify and drive global product line growth and profitability

     

    Key Responsibilities

    This product leadership role is responsible for the Growth and Profitability of the entire (Variables/Position Sensing) product line.

    • Key responsibilities include:
      • Product line business performance. 
      • Develop annual product line business plan (revenue and op income, and investment requirements)
      • Drive business execution to meet or exceed annual revenue and operating income targets 
      • Manage P&L by leading growth initiatives (NBOs) and controlling/managing costs (support, selling, R&D, etc.) 
      • Report business status in reviews and monthly reports 
      • Develop product portfolio growth strategy. Develop appropriate market initiatives which target high-value growth opportunities.
      • Plan and implement a three (to five) year product line growth plan - including investment requirements
      • Develop product line roadmap to drive revenue and market growth.
      • Provide guidance, strategies and support (product marketing) to Sales team to ensure sales objectives are met and support sales in development and management of appropriate sales channels
      • Conduct pricing and profitability analysis and implement initiatives to increase profitability
      • Establish and update distribution pricing books
      • Develop relationships with strategic customers.
      • Evaluate competition, customers, and opportunities as they relate to existing products and potential product development activities, defining product roadmaps for the business in order to achieve/exceed profitability and growth goals
      • Understand the market need and be able to adapt product portfolio to address these needs. Guide new product development, including product derivatives, product line extensions, and identification of new platform development opportunities
      • Work with Operations and Quality to optimize productivity, inventory, quality and delivery metrics.
      • Work with Operations to set service levels, MOQs, and on-going demand and supply plan.

    Qualifications, Skills and Attributes

    Core Requirements

    • 10 years product management experience (including P&L accountability)
    • 3-5 years experience developing strategic business plans
    • BS Engineering Field 
    • Travel (30%) including global travel
    • Personal Attributes:
      • High-energy, creative and resourceful self-starter who demonstrates leadership skills and instincts.
      • Highly intelligent and enthusiastic with a commitment to excellence.
      • In terms of personal competencies, must be a hands-on person who possesses the combination of strategic thinking and drive to achieve tangible business results.
      • Must be able to balance theoretical thought with practical execution.

     

    Desireable Skills and Experience

    In addition, they should possess the following competencies:

    • Highest level of professional integrity and honesty as well as personal credibility. 
    • A confident, mature person with the ability to connect and inspire others. A proven track record of leading projects and teams that successfully achieve milestones and complete deliverables. Experience managing in a matrixed and lean culture.
    • Strategic Marketing Skills: Deep understanding and experience with the ability to practically apply, as well as coach others to do so.
    • Results-Oriented: A driver who possesses the ability to take actions and implement effective solutions in a timely manner
    • Problem Solver: A creative yet pragmatic problem solver. Methodical and hands-on as well as detail-oriented
    • Analytical Thinking and Decision-Making: A “conceptualizer” of market trends/issues who can then integrate that thinking into product line strategies. Decisive and logical at thoroughly evaluating issues. 
    • Excellent planning, execution and project-management skills.
    • Strong business acumen, “street smarts” and an in-depth understanding of the marketing and financial implications of new opportunities.
    • Teamwork and Interpersonal Skills: A team player and builder, receptive to ideas from others.
      • Shares information and keeps team members and partners informed.
      • Works effectively with others to identify and resolve issues.
      • Excellent interpersonal skills and an ability to interact successfully with all levels of management as well as a diverse work force.
      • Ability to understand and add value to high-level management interactions, with a proven ability to develop and “sell” creative business strategies.

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