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Sr. Product Manager

Company: Advanced Energy Management Limited
Location: Milpitas
Posted on: March 15, 2023

Job Description:

Press Tab to Move to Skip to Content Link Advanced Energy Industries, Inc. (NASDAQ: AEIS), enables design breakthroughs and drives growth for leading semiconductor and industrial customers. Our precision power and control technologies, along with our applications know-how, inspire close partnerships and innovation in thin-film and industrial manufacturing. We are proud of our rich heritage, award-winning technologies, and we value the talents and contributions of all Advanced Energy's employees worldwide.POSITION SUMMARY:Manages Advanced Energy's worldwide business for one or more product lines through their lifecycles, including product strategy, customer/market requirements analysis, and pricing. On a peer basis, interacts with engineering, manufacturing, and sales to optimize business performance for assigned product lines. Assists in segmentation, business planning, product marketing strategies, portfolio management, negotiations, and production forecasts.This position may also have management responsibility for other, less experienced members of the product management team. With vice president, directors, and other senior product managers, helps to define the roles of product managers, and their interactions with other departments. Also helps create the processes with which they carry out their work, and sets the standards for product management at AE. Provides training for the other product managers.ESSENTIAL RESPONSIBILITIES:

  • Manages lifecycles of FluorOptic Thermometry (FOT) and Fiber Bragg Gratings (FBG) product lines from concept through launch, to end of life and obsolescence.
  • Reports to Senior Management on the P&L performance of assigned Product Lines.
  • Monitors global market trends for new opportunities, and refines understanding of user needs in AE target markets through research and customer visits.
  • Assesses viability of product concepts & customization requests to meet worldwide market, financial, and technology goals.
  • Defines product plans, including critical features, price targets, profit, return on investment (ROI), competitive strength, and value delivery.
  • Guides development and manages tradeoffs of specifications & schedules for new products and/or services.
  • Manages engineering priorities for assigned product lines assuring alignment of engineering efforts with business goals and customer requirements.
  • Interfaces with Global Sales, Research and Development, Engineering, Worldwide Customer Support, Operations, Corporate Marketing, Quality, and other partners to ensure new offerings meet technical specifications, cost targets, delivery commitments, and achieve customer adoption.
  • As needed, coordinates with external partners, Business Development, alternative channels, and third party integrators.
  • With Corporate Marketing, drives naming, positioning, literature, collateral, web content, and launch activities.
  • Coordinates regular forecasting and demand analysis with Sales.
  • Maye be responsible for managing Product Managers and other Marketing staff members directly reporting to this position, including personnel issues, budgets, and activities.
  • Uses market research and competitive analysis as needed in these activities to maximize AE global market advantage.
  • Defines and implements sustaining & end-of-life strategies for mature or declining product lines.
  • Assists with annual business planning, marketing tools, and infrastructure as needed.WORK ENVIRONMENT:Works in a standard office environment and uses general office equipment (phone, PC, copier, fax machine, etc.). Extended hours will be necessary depending on market conditions from time to time. Travel, both domestic and international, up to 20% of work time, is anticipated. This position has a significant amount of interdepartmental communications.LOCATION:Milpitas, CA preferredSKILLS:
    • Excellent communication skills, both face to face and written.
    • Broad understanding of end user applications and AE products.
    • Financial analysis capability.
    • Ability to manage multiple priorities and tasks.
    • Superior organizational, planning and coordination skills.
    • Business savvy and strong negotiation skills.
    • Ability to structure market research and competitive analysis.
    • Energy and ability to motivate others.EXPERIENCE:
      • 2+ years experience in (product) marketing or relevant technical background with customer exposure.
        (5+ years for a senior product manager position)
      • Experience with IC/Semiconductor device manufacturing.
      • Experience with semiconductor equipment manufacturing.
      • Sales or marketing management experience in high technology.EDUCATION:
        • B.S. in Engineering or Science, or equivalent.
        • Advanced degree, including M.S., Ph.D., or MBA, highly desirable. COMPENSATION: As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $163,000 -to $200,000 -per year. BENEFITS:As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan, and discounted Employee Stock Purchase Plan.In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:
          • Medical - 4 different health care plan options, dental, and vision
          • Short and long-term disability and life insurance
          • Health savings and flexible spending accounts
          • Generous paid time off starting at 4 weeks, 7 holidays and 3 floating holidays
          • 8 Hours of paid volunteer time off
          • 8 weeks of paid parental leave for both Moms and Dads
          • Company matched 401(k)
          • Expanded mental health coverage and employee assistance programs -
          • Other voluntary benefits include pet insurance, identify theft, legal assistance, critical illness, and voluntary accident insuranceAdvanced Energy is committed to diversity in its workforce including Equal Employment Opportunity for Minorities, Females, Protected -Veterans, -and Individuals with Disabilities.

Keywords: Advanced Energy Management Limited, Milpitas , Sr. Product Manager, Executive , Milpitas, California

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