Senior Product Manager - Wire Management
$142.5k - $228kFull-time
ABB Inc
At ABB , we help industries run leaner and cleaner-and every person here makes that happen. You'll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world. This position reports to:
Market Development Manager __ ABB is searching for a dynamic and experienced leader to step into a highly impactful position within our Electrification Installation Products (ELIP) business! As the Senior Product Manager with a focus on Wire Management products/offerings, this role will manage the marketing of ABB's offering(s) to targeted market segments and manages the offering(s) throughout its/their lifecycle, in line with market needs and division/product group/business line strategy and targets. Accountable for the long-term profitable growth of an offering. Supports business results by overseeing each step involved in the offering lifecycle including development, launch, go-to-market, maintenance, pricing, and profitability. This position is open to remote candidates located within the US, with the ability to travel an estimated 40% of the time. Those located around Memphis, TN would see slightly less travel being close to main ELIP office location. #LI-Remote SOME OF THE CORE RESPONSIBILITIES:
Market Development Manager __ ABB is searching for a dynamic and experienced leader to step into a highly impactful position within our Electrification Installation Products (ELIP) business! As the Senior Product Manager with a focus on Wire Management products/offerings, this role will manage the marketing of ABB's offering(s) to targeted market segments and manages the offering(s) throughout its/their lifecycle, in line with market needs and division/product group/business line strategy and targets. Accountable for the long-term profitable growth of an offering. Supports business results by overseeing each step involved in the offering lifecycle including development, launch, go-to-market, maintenance, pricing, and profitability. This position is open to remote candidates located within the US, with the ability to travel an estimated 40% of the time. Those located around Memphis, TN would see slightly less travel being close to main ELIP office location. #LI-Remote SOME OF THE CORE RESPONSIBILITIES:
- Lead market intelligence analysis, working with the Product Operations team to gather and review key market and competitor reports that inform product strategy. Identify gaps in the portfolio compared with competitors and new market opportunities.
- Own the technical and market specifications for the offering and develop a business plan that supports sustainable growth. Lead lifecycle management. Analyze the current offering, define and track performance metrics, and plan improvements such as enhancements, cost reductions, or phase-outs. Decide when products become obsolete or reach end-of-life, ensuring current and future market needs are met and profitability is maximized.
- Set cost targets, monitor offering costs, and advise operations teams, such as Supply Chain Management, Engineering, and Production, to improve competitiveness and profitability. Define plans for new offerings, including technical, price, cost, and capital expenditure targets.
- Partner with Sales to lead the development of new portfolios. Assess customer needs and value, plan a roadmap that maximizes value, and track portfolio performance. Prioritize new product offering development projects and take responsibility for meeting targets for product characteristics, timing, cost, capital expenditure, and payback. Coordinate with cross-functional teams.
- Work with the NPD project management team to manage portfolio development stage gates, including necessary project approvals.
- Lead the product market communication strategy with Product Marketing and Communications teams, including launch planning and execution.
- Manage channel-to-market strategies with channel partners, Marketing, and Sales to achieve the best possible market coverage. Define the product value proposition and ensure Sales, channel partners, and end users clearly understand the portfolio positioning and its value. Define current market segmentation and the positioning of related offerings.
- Bachelor's degree in engineering, marketing or business administration or technical field / advanced degree required.
- 12+ years related experience with deep understanding and experience with full portfolio of products and services (including electrical and mechanical installation products).
- Exceptional analytical, communication and proven leadership skills.
- Experience with Portfolio Management, Business Strategy, Market Intelligence, Go-to-market Strategy, Customer Experience Success, Agile Methodology, New Product Development, among others expected at this level of business and organizational stature.
- Ability to travel up to 40%
- Candidate must already possess authorization to work for ABB in the US.
- Choice between two medical plan options: A PPO plan called the Copay Plan OR a High Deductible Health Plan (with a Health Savings Account) called the High Deductible Plan.
- Choice between two dental plan options: Core and Core Plus
- Vision benefit
- Company paid life insurance (2X base pay)
- Company paid AD&D (1X base pay)
- Voluntary life and AD&D - 100% employee paid up to maximums
- Short Term Disability - up to 26 weeks - Company paid
- Long Term Disability - 60% of pay - Company paid. Ability to "buy-up" to 66 2/3% of pay.
- Supplemental benefits - 100% employee paid (Accident insurance, hospital indemnity, critical illness, pet insurance
- Paid Parental Leave
- Employee Assistance Program
- Health Advocate support resources for mental/behavioral health, general health navigation and virtual health, and infertility/adoption
- Employee discount program
- 401k Savings Plan with Company Contributions
- Employee Stock Acquisition Plan (ESAP)
Vacancy posted 2 days ago
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