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...