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Product Manager

Product Manager

AuroriumIndianapolis, IN, United States
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Vacancy Name

Product Manager

Vacancy No

VN387

Department

Marketing

Location

Remote

Employment Type

Full-Time

Company Overview

Aurorium is the materials innovation partner that helps global manufacturers harness the power of possibility to make the world a better place. Their specialty ingredients and high-performance materials enhance quality of life, support health and wellness, and enable customers to deliver value-added solutions.

Key industries served include healthcare, personal & home care, mobility, infrastructure, and paper & packaging. A Responsible Care company, Aurorium follows the highest regulatory standards across all manufacturing facilities. The company's global integrated supply chain offers the customer product consistency, easy access, supply security, and reasonable turnaround on delivery. Aurorium is committed to operating at the highest levels of manufacturing consistency, quality control, and safety.

Description

The Product Market Manager oversees product and asset profitability for assigned product lines. Specific focus of the role is to :

  • Own product strategy and profitability by managing life cycle planning, asset competitiveness, pricing, and financial performance to drive long-term growth and investment cases
  • Lead cross-functional execution of new product introductions and global product line strategies, from market assessment and concept evaluation through to launch and activation
  • Define and implement value propositions and pricing strategies based on economic impact for target customers, aligning with sales and marketing to ensure effective execution
  • Drive competitive positioning and margin delivery through market intelligence, cost analysis, and value-based selling enablement

Job Details

Role Specific Responsibilities :

PRODUCT MANAGEMENT & LEADERSHIP

  • Product Life Cycle Planning : Anticipate and implement product feature changes to ensure long term competitiveness of product line by working closely with Technology, Manufacturing & Sourcing
  • Input to Asset Strategy : Work with Manufacturing and Sourcing teams to ensure short medium- and long-term competitiveness of product line and profitability of assets
  • Product Line Profitability : Responsible for reporting financial progress of the assigned product lines by analyzing current performance (gross margin, sales funnel health, new product innovation portfolio) to build the case for further investment (talent and capital)
  • New Product Introductions : Leads the evaluation of asset utilization, profitability, and market activation execution for new product opportunities and launches from concept through to launch. Conducts economic evaluation of new offering and capabilities.
  • MARKET ASSESSMENT, CUSTOMER SEGMENTATION & TARGETING

  • Create an addressable market map for the assigned product line, prioritize attractive applications and customers, and identify products and services that create the most value for those customers
  • Responsible for leading a cross-functional team to develop and implement the global product line strategies
  • Growth will be driven by effectively positioning current products and translating wins across industries, and by identifying new product innovation concepts to advance through the company innovation process with the cross-functional team
  • VALUE PROPOSITION & OFFER DEVELOPMENT

  • Understand the unique capabilities, differentiators and benefits that will enable Aurorium to create value for target customers. Build economic value estimates to clearly articulate the positive economic impact for the customer
  • Build the product pricing strategy for target segments and customers by understanding the value created for the customer and informed by knowledge of the Aurorium margin expectations
  • Work with the relevant Industry Marketing Managers & Sales to implement the pricing strategy with target customers. Manages the day-to-day execution and implementation of the pricing strategy
  • Identify additional elements of the customer offer to create even more compelling value propositions, and be integral to connecting the supply and demand plans to manage the business
  • DEMAND PLANNING & EXECUTION

  • Competitive Intelligence and Cost Position : Understand key direct and indirect competitor go to market strategies, cost position / curves and identify growth opportunities through competitive differentiation
  • Pricing & Margin Management and Implementation : Deliver gross margin by implementing Pricing Strategy through Price Band Management and enabling the Sales Team to position value with customers effectively
  • Compliance :

  • Complies with company Health, Safety and Environmental policies, procedures, and arrangements
  • Reports all Health, Safety and Environmental accidents, incidents and near misses promptly
  • Acts in a safe and responsible manner at all times
  • Problem Solving and Innovation :

  • Active participation in continuous improvement activities
  • Participates in problem-solving
  • Takes responsibility and ownership for own learning and development in the spirit of continuous improvement of both self and the business
  • Assists in the training, mentoring, and assessment of other team members
  • Exercises autonomy and judgement subject to overall direction or guidance
  • Education and Qualifications :

  • Bachelor's or advanced degree in Engineering or related technical area
  • Master's degree in business administration is preferred
  • Experience :

  • BS in Technical Field (Chemistry, Engineering, or Related Field) or Business Degree. MBA preferred
  • 7-10 Years of Product, Industry or Strategic Marketing experience with a multi-national chemical company; international experience within a global business environment preferred
  • Knowledge, Skills, and Abilities :

  • Strong organizational, analytical and project management skills
  • Problem-solving abilities with the ability to anticipate potential issues and suggest creative alternatives to overcome barriers
  • Ability to work within and / or lead (as required) a multi-functional, global team structure and to motivate team members and peers with strong interpersonal and leadership skills
  • Ability to lead and manage simultaneous projects in multiple locations. Hands-on style and willingness to engage proactively up, down and across the organization and management team
  • Strong presence, interpersonal communication and presentation skills including the ability to put together a visually sharp presentation to communicate ideas. Understands and can communicate the big picture while also being detail-oriented especially when presenting
  • Proficient in Microsoft Office applications (Excel, PowerPoint, Word and Outlook).
  • Experience required with an ERP system. SAP would be a plus.
  • Persistent, determined, and driven. Has a penchant to move obstacles rather than get stuck by them
  • Ability to work in 'the grey' and be self-directed, and can navigate through change / uncertainty without losing sight of achieving success
  • Embodies the core values of Aurorium :

  • credible : keeps their word and honors their commitments, acts with integrity, and holds themselves accountable to their decisions and actions
  • outcome-oriented : adheres to an unparalleled standard of excellence in everything they do, to deliver results with real impact
  • driven : passionate about delivering authentic, world-class experiences that engage customers and inspire greatness
  • empowered accountability : empowered to achieve common goals and accountable for delivering performances and results that exceed standards If you have the energy, drive, and passion for joining the Aurorium team, we would love to hear from you. Apply today!
  • Aurorium offers competitive total compensation packages, including benefits such as medical, dental, vision, life, 401(k), disability insurance, flexible spending accounts, health savings accounts, paid time off, and paid holidays.

    Aurorium is a global Equal Opportunity Employer. All qualified applicants will receive consideration for employment regardless of and will not be discriminated against based on gender, sexual orientation, gender identity, race, ethnicity, religion, age, veteran status, disability status, genetic information, or any other protected category. #LI-Remote

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    Status

    Active

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