Sr. Director, Product Management
Wencor Group
Overview of the Position:
The Senior Director, Product Management, will assist in the strategic development, management and execution of the key elements of the product management organization. The individual will lead team members in the market strategy and financial performance of core product lines.
Essential Duties and Responsibilities:
- Manage supplier relationships, quarterly reviews, report management and supplier contract negotiations.
- Develop and manage product and supplier forecast plans to include retention and strategic growth initiatives.
- Manage the identification of OEM and aftermarket opportunities through data mining and research.
- Oversee sales campaigns, including execution and performance data.
- Serve as the subject matter expert for the company in specified product management categories.
- Manage product line inventory availability through forecast and part applicability reviews.
- Manage inventory investment opportunities along with excess and obsolete inventory.
- Oversee strategic customer bid process and coordinate with the business on customer term negotiations.
- Outline the price management strategy for the various customer and product groups.
- Manage team product line market and competitive analysis resulting in inventory and price actions.
Other Knowledge, Skills, and Abilities:
- Aerospace Industry Knowledge, including, but not limited to product knowledge and key market supplier connections.
- Can conduct market analysis, develop conclusions and formulate a business plan.
- High level business and financial acumen with the ability to translate the plan into action, drive and monitor performance.
- Effective communication skills (written and verbal) at all levels of an organization, externally and internally, including presentations to senior management and supplier leadership.
- Strong understanding of customer needs and customer service focused.
- Strong interpersonal skills to allow effective cross-functional collaboration and the ability to influence change or negotiate without direct authority.
- Metric-oriented with strong analytical skills and ability to comprehend and use broad sets of data to drive execution of business performance objectives.
- Technology Proficiency with MS Word, Excel, and PowerPoint.
- Proven ability to lead and develop a diverse and talented team of professionals.
Education / Experience Requirements:
Bachelor's degree in Business, Marketing, Engineering or related degree (MBA preferred) with a Minimum of 10 years of related aerospace experience, 5 of which in a leadership position. Aviation experience preferred.
Other Qualifications:
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Language Skills : Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.
Mathematical Skills : Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Reasoning Ability : Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Physical Demands and Work Environment :
The physical demands described here are representatives of those that must be met by an employee to successfully perform the essential functions of this job.
- Is occasionally required to stand and walk and lift up to10 pounds.
- Is regularly required to sit and reach with hands and arms.
- Is frequently required to use hands to finger, handle, or feel and to talk or hear.
- Works at moderate noise levels.
- Travel to suppliers and/or customers -- up to 30%
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