Director, Product Management

Job Summary: This position will play a key role in the growth and improved profitability of Coherent Corp and specifically the products managed by this position. This management position would involve significant external (customers, suppliers, contract manufacturers, industry experts) and internal (R&D, Operations, Supply Chain, Sales, Marketing, Finance, Legal) interactions.  Travel up to 40% is anticipated.

Primary Duties & Responsibilities

Manage P&L and Financial Performance – 30%

• Drive revenue and gross margin for the business
• Monitor sales and backlogs 
• Participate in annual budgeting and 5-year planning. Help set revenue and profitability targets to support the 5 Year Plan
• Review financial and shipping results and monitor monthly taking action as required
• Monitor and maximize Rev, gross margins and BOP
• Initiate, drive and monitor costs reduction activities
• Help with business case preparations of R&D investments and CapEx investments. Project 5 year investment roadmap on R&D investments for your products
• Monitor R&D and CapEx investments associated with your products, measure and report the ROIC as per business case
• Monitor cost effectiveness of tactical programs, capital expenditures, and capacity plans with operations teams
• Ensure consistent achievement of customer, project, cost and quality results to support annual & strategic plans
• Support 5 Year Planning process with forward looking input and plans to achieve number one market share and industry profits

Drive Design Wins and Ongoing Business/Market Share – 25%

• Work with sales channels/distributors and product marketing worldwide to bring in identified design-in opportunities into the BU
• Work with product marketing and sales to develop customer engagement plans and lead teams to execute wins 
• Develop and manage strong business/technical relationships at customers
• Drive product engineering teams to design and develop manufacturable standard and customized products to achieve market share leadership
• Work with Product Development teams to ensure new products are done on schedule and on budget with improvements in cycle time

Sales Support – 10%

• Drive sales teams to maximize bookings and revenues for your products
• Translate customer requirements into profitable product offerings in line with strategic goals 
• Review customer requirements and work with Sales/marketing/R&D/Ops teams on winning proposals – specs & pricing 
• Product requirements are quickly and successfully transferred from our customers into new design concepts
• New design concepts are created and designed which provide significant revenue growth.
• Ensure engineering team provides customers outstanding technical support leading to repeat business and new bookings at the expense of our competitors
• Develop product requirements into new designs and prototypes which meet or exceed our competitors and are delivered within customer requirements

Product Life Cycle Management – 15%

• Responsible for maintaining the product and ensuring cross-functional compliance to product life cycle processes
• As a key part of the PLC team, prepare business cases for new development projects.
• Monitor progress of R&D projects and metrics
• Understand business impacts of customer wins/losses and assist leadership to manage from a portfolio perspective
• Ensure engineering products/processes are transitioned effectively into production products and processes
• Ensure reliability and qualification test data sets are current to support market opportunities

Operations Support – 10%

• Assist Operations in forecasting and revenue planning. As part of this process responsible for the unconstrained forecast (after discussions with sales team) 
• Monitor and coordinate order fulfillment processes to meet cost, lead-time, on-time delivery, volumes, quality and margin objectives. In case of constraints or issues, escalation and drive mitigation actions with other members of the team. Provide allocation of which customer orders to fulfil each week
• Drive on-going cost-reduction activities
• Benchmark costs and work with Ops/NPI/Supply chain/Contract Manufacturers to achieve cost targets, buffers and roadmaps
• Assist R&D and supply chain in identifying new vendors/CMs and participate in negotiations with key CMs/suppliers
• Collaborate closely with other BUs that supply components (in-feed) to ensure they remain competitive and are always 100% supplier of choice 
• Work with Operations on capacity expansion Capital business case to support volume forecast
• Track and ensure ROIC on CAR associates with their Products

Marketing Support – 10%

• Assist in defining and driving product strategy
• Monitor competitive landscape
• Develop salesware and support marketing by preparing product launch collateral

Education & Experience

• BA or BS in Engineering required.  MBA or MS/PhD in Engineering strongly preferred
• 10+ years of experience in Product Management/Engineering Leadership roles in the materials or related industry
• Deep understanding of optical interconnects, silicon photonics, packaging technologies, and data center architectures
• The ideal candidate will have significant business experience (Product Management, Engineering, Operations Management, R&D and/or Product Marketing) in a technical environment combined with and a track record of success

Skills

• Direct exposure to Co-Packaged Optics, pluggable transceivers, or related optical components.
• Familiarity with hyperscaler and switch/ASIC vendor ecosystems.
• Experience in managing partnerships with foundries, packaging houses, and contract manufacturers.
• Knowledge and understanding of financial instruments: P&L, balance sheet, income statement
• In depth understanding of the value proposition in existing and new market segments
• Development of product roadmaps
• Proven track record of continuous improvement
• Ability to easily and successfully work with employees and customers in a multi-cultural, global team environment
• Ability to handle multiple priorities and complex issues involving external and internal priorities
• Experience with problem analysis and resolution at the strategic and functional levels
• Excellent interpersonal, communication, and presentation skills
• Set a high standard of ethics, professionalism, leadership, and competency

Working Conditions

• Working conditions typical of a climate controlled and professional office environment. This role routinely uses standard office equipment such as computers, phones, copiers, filing cabinets, etc.

Physical Requirements

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms

Safety Requirements

All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards.

Quality and Environmental Responsibilities

Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.

Culture Commitment

• Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.:
• Integrity – Create an Environment of Trust
• Collaboration – Innovate Through the Sharing of Ideas
• Accountability – Own the Process and the Outcome
• Respect – Recognize the Value in Everyone
• Enthusiasm – Find a Sense of Purpose in Work

 

Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

 

If you need assistance or an accommodation due to a disability, you may contact us at talentacquisition@coherent.com.

Coherent is a global leader in lasers, engineered materials and networking components. We are a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent provides a comprehensive career development platform within an environment that challenges employees to perform at their best, while rewarding excellence and hard-work through a competitive compensation program. It's an exciting opportunity to work for a company that offers stability, longevity and growth. Come Join Us!

Note to recruiters and employment agencies: We will not pay for unsolicited resumes from recruiters and employment agencies unless we have a signed agreement and have required assistance, in writing, for a specific opening.