A Product Line Manager manages specific products to ensure that their success is in line with the organization's expectations. Will work to increase profitability of existing products, while also helping to develop new products. Works across all departments of an organization, including sales, operations, engineering, marketing, and manufacturing.
We are Covestro. We are curious. We are courageous. We are colorful. We refine chemical material solutions with game-changing products. Let us empower you to push boundaries. Join us and our 18,000 colleagues now and together we will make the world a brighter place. The Product Line Manager is responsible for the development and execution of the short- and long-term strategies within the AMS region. This position reports to the Head of PPS and accomplishes goals by balancing the region's manufacturing capabilities, market requirements, and global objectives of the product lines. Major Tasks and Responsibilities Develops annual sales budget and quarterly forecasts for respective product lines and aligns contribution targets to the segments for execution of the short- and long- range (10-year) strategic goals. Devises strategic plans for assigned product lines which provide optimum utilization of existing assets and facilities, and maximum profitability consistent with the Business Entity objectives. Active participation in regional segment strategy execution and planning. Develops Guide and Limit Pricing for product lines based on market dynamics and thorough consideration of manufacturing economics, including raw materials, conversion, packaging, and logistic costs. Align pricing to appropriate segments and communicate to the commercial team for implementation. Maximize product line profitability by optimizing Margin 1, Margin 2, and EBIT.
This is accomplished through:
(1) evaluation of customer/product mix; (2) portfolio management (product rationalization); (3) strategic raw material sourcing; (4) asset utilization; and (5) overhead cost analysis. Assist in minimizing working capital through effective inventory management including but not limited to reduction of DSMI (aged inventory) and strategic supply agreements for MTS inventory. Assist in business case development for regional capital projects Lead and manage allocation processes when necessary. This includes analysis of incoming supply predictions with forecasted demand and open orders. Attend and key contributor to weekly update meetings. Responsible for updating monthly customer allocation communications. Build allocation key and distribute and communicate monthly allocation to Commercial and OM teams. Support the new product development process through guidance on portfolio expansion and product costing/profitability measurement. Basic Qualifications Bachelor's degree in business, finance, technical or related field with 6+ years of related experience Preferred Qualifications Experience in chemical industry Experience in films Experience in sales, marketing, supply chain, or product management Experience in project management Knowledge and Skills Moderately experienced SAP user Intermediate Excel skills Strong analytical skills and strategic thinking Ability to effectively interact and communicate with employees at all levels of the organization and to successfully identify and find compromises Excellent communication and influencing skills Change management mindset with strong adaptability Drive for results and ability to work to completion Highly detail oriented Strong business acumen with ability to balance competing objectives and deal with uncertainty, while achieving optimal results
Salary Range:
$103,867 - $192,954 This is a full-time role that includes competitive pay, annual bonus potential, generous paid time off, 401K with company match, retirement contribution, tuition reimbursement, parental leave and medical, dental and vision coverage (no waiting period).
YOUR APPLICATION
Are you as curious, courageous and colorful as we are? If so, we can offer you an exciting career opportunity. We look forward to receiving your application and resume. Become part of our team - apply now!
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