Senior Product Manager

Product ManagerAs the Product Manager, reporting to the Director of Product Management, you will be responsible for maximize margin performance through cost improvement of a portfolio throughout product lifecycle, across relevant markets and applications pursued by Strategic Marketing.How You Will Make an Impact:Portfolio ManagementProduct management actions supporting Strategic Marketing direction (considers emerging market needs, customer requirements, regulatory and competitor dynamics)Idealize footprint to meet customer demand plan / enterprise capability (direct manufacturing, co-production, tolling or merchant-market purchase)Adapt competitor information to set priorities for improved product sourcing, offerings, specifications, and performanceDevelop and lead business cases and tactical projects to consolidate or invest in capacityIn periods where demand outstrips supply, Product Management leads cross-functional product allocation compliance with contractual obligations while maximizing total valueManage product manufacturing trade-off decisions in cooperation with Supply Chain, Strategic Marketing leaders and Manufacturing, and coordinate the implementationServe as gatekeeper for product quality, acting as interface between manufacturing and Segment Managers by approving specification and process changesOwn product portfolio naming hierarchy and all product hierarchy master data, ensuring accurate and timely updates to source systemsTimely creation of new SKUs to support business requirements; manage SKU rationalization routinelyOpportunity PlanningIn tandem with relevant stakeholders, lead scenario modeling and business case development to evaluate product-related growth opportunitiesPartner with Market Development to drive efficient new product launches through the stage gate processLeverage broad-based portfolio functionality knowledge to identify M&A opportunities in conjunction with Strategic Marketing and New Business DevelopmentValue ManagementUnderstand manufacturing footprint, supply chain and related dependencies that are inputs to total product cost structureDrive value proposition development and quantification aligned to market segmentation to support market-back cost objectivesSupport Sales-led channel management efforts to identify and leverage new and higher value outlets for portfolioUse of service level inventory modeling to meet customer needs desired delivery performance targets (OTCC)Alignment with procurement for opportunistic raw material purchases to drive down product costs / strategic sourcing alignment with ProcurementCreating Extraordinary Starts With:BS/MS Chemical Engineering or related discipline; MBA or equivalent experience is a plusMinimum five years of relevant experience with progressively increasing responsibility/scope in business operations or product managementPrior experience in commercial, manufacturing operations, business development preferredWhat We Value:We strive for all employees to nurture physical, mental and emotional health both personally and professionally. Our commitment to health and wellness centers around prevention, early detection and embracing a healthy lifestyle. Some offerings may vary by role or region, but may include:Physical Health benefits including competitive Medical, Dental, and Vision packages, company contribution to Health Savings Account, cash incentive for Annual Physical and reimbursementFinancial Wellness opportunities including company paid life insurance and disability plans, 401(k) Retirement Plan with generous company match, and certified Financial Planning & Investment servicesMental Health benefits including generous Paid Time Off and 10 Paid Holidays, Paid Parental Bonding Leave, and much more!About UsEssential Solutions with Extraordinary ResultsSI Group is a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates. Our solutions are essential to many diverse industries and applications, creating extraordinary results. We drive value by enhancing the quality, performance, and durability of countless items we use every day.We are on a journey to captivate our customers at every level. Whether that means expanding our capabilities, global reach, or providing new innovations and technologies that create value. Our approach is customized to exceed customer needs and deliver superior performance.Job InfoJob Identification 1530Locations 221 Harborside Drive, Schenectady, NY, 12305, US