Director, Product Management

Job Description
This position will play a key role in the growth and improved profitability of Coherent Corp Datacenter & Communications BU through management of optical transceiver product lines. This management position would involve significant external (customers, suppliers, contract manufacturers, industry experts) and internal (R&D, Operations, Supply Chain, Sales, Marketing, Finance, Legal) interactions. Travel up to 30% is anticipated.
Primary Duties & Responsibilities
Manage P&L and Financial Performance

Drive revenue and gross margin for the business
Monitor sales and backlogs
Participate in annual budgeting and 5-year planning. Help set revenue and profitability targets to support the 5 Year Plan
Review financial and shipping results and monitor monthly taking action as required
Monitor and maximize Rev, gross margins and BOP
Initiate, drive and monitor costs reduction activities
Help with business case preparations of R&D investments and CapEx investments. Project 5 year investment roadmap on R&D investments for your products
Monitor R&D and CapEx investments associated with your products, measure and report the ROIC as per business case
Monitor cost effectiveness of tactical programs, capital expenditures, and capacity plans with operations teams
Ensure consistent achievement of customer, project, cost and quality results to support annual & strategic plans
Support 5 Year Planning process with forward looking input and plans to achieve number one market share and industry profits
Drive Design Wins and Ongoing Business/Market Share

Work with sales channels/distributors and product marketing worldwide to bring in identified design-in opportunities into the BU
Work with product marketing and sales to develop customer engagement plans and lead teams to execute wins
Develop and manage strong business/technical relationships at customers
Drive product engineering teams to design and develop manufacturable standard and customized products to achieve market share leadership
Work with Product Development teams to ensure new products are done on schedule and on budget with improvements in cycle time
Sales Support

Drive sales teams to maximize bookings and revenues for your products
Translate customer requirements into profitable product offerings in line with strategic goals
Review customer requirements and work with Sales/marketing/R&D/Ops teams on winning proposals – specs & pricing
Product requirements are quickly and successfully transferred from our customers into new design concepts
New design concepts are created and designed which provide significant revenue growth.
Ensure engineering team provides customers outstanding technical support leading to repeat business and new bookings at the expense of our competitors
Develop product requirements into new designs and prototypes which meet or exceed our competitors and are delivered within customer requirements
Product Life Cycle Management

Responsible for maintaining the product and ensuring cross-functional compliance to product life cycle processes
As a key part of the PLC team, prepare business cases for new development projects.
Monitor progress of R&D projects and metrics
Understand business impacts of customer wins/losses and assist leadership to manage from a portfolio perspective
Ensure engineering products/processes are transitioned effectively into production products and processes
Ensure reliability and qualification test data sets are current to support market opportunities
Operations Support

Assist Operations in forecasting and revenue planning. As part of this process responsible for the unconstrained forecast (after discussions with sales team)
Monitor and coordinate order fulfillment processes to meet cost, lead-time, on-time delivery, volumes, quality and margin objectives. In case of constraints or issues, escalation and drive mitigation actions with other members of the team. Provide allocation of which customer orders to fulfil each week
Drive on-going cost-reduction activities
Benchmark costs and work with Ops/NPI/Supply chain/Contract Manufacturers to achieve cost targets, buffers and roadmaps
Assist R&D and supply chain in identifying new vendors/CMs and participate in negotiations with key CMs/suppliers
Collaborate closely with other BUs that supply components (in-feed) to ensure they remain competitive and are always 100% supplier of choice
Work with Operations on capacity expansion Capital business case to support volume forecast
Track and ensure ROIC on CAR associates with their Products
Marketing Support

Assist in defining and driving product strategy
Monitor competitive landscape
Develop sales ware and support marketing by preparing product launch collateral
Education & Experience

BA or BS in Engineering required. MBA or MS/PhD in Engineering strongly preferred
10+ years of experience in Product Management/Engineering Leadership roles in the materials or related industry
Deep understanding of high speed optical transceivers and related technology
Familiarity with hyper scale and switch/ASIC vendor ecosystems
A proven track record of product management leadership
The ideal candidate demonstrates ownership, strategic thinking, cross-functional leadership and driving product vision/roadmaps
History of making data-driven decisions, influencing stakeholders at all levels, and delivering measurable business results
Skills

Knowledge and understanding of financial instruments: P&L, balance sheet, income statement
Ability to easily and successfully work with employees and customers in a multi-cultural, global team environment
Ability to handle multiple priorities and complex issues involving external and internal priorities
Excellent interpersonal, communication, and presentation skills
Set a high standard of ethics, professionalism, leadership, and competency
Working Conditions

Working conditions typical of a climate controlled and professional office environment. This role routinely uses standard office equipment such as computers, phones, copiers, filing cabinets, etc.
Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms
Safety Requirements
All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards.
Quality And Environmental Responsibilities
Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.
Culture Commitment
Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.:
I ntegrity – Create an Environment of Trust
C ollaboration – Innovate Through the Sharing of Ideas
A ccountability – Own the Process and the Outcome
R espect – Recognize the Value in Everyone
E nthusiasm – Find a Sense of Purpose in Work
Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
If you need assistance or an accommodation due to a disability, you may contact us at talentacquisition@coherent.com .
About Us
Coherent is a global leader in lasers, engineered materials and networking components. We are a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent provides a comprehensive career development platform within an environment that challenges employees to perform at their best, while rewarding excellence and hard-work through a competitive compensation program. It's an exciting opportunity to work for a company that offers stability, longevity and growth. Come Join Us!
Note to recruiters and employment agencies: We will not pay for unsolicited resumes from recruiters and employment agencies unless we have a signed agreement and have required assistance, in writing, for a specific opening.
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