Mason, OH, USA
903 days ago
Product Portfolio Manager

Founded in 1925, Festo Corporation is the leading worldwide supplier of automation technology and the performance leader in industrial training and education programs.  For many years Festo has been providing impetus for factory automation and offers a wide product and service portfolio – from individual components to complex customized solutions and system. As a family-owned company, we act from a holistic perspective. We take responsibility for our actions globally and locally, and want to contribute to the quality of life and conservation of resources where we operate with new technologies, knowledge and education.

 

At Festo, we hire people who continuously live our five core Values:

We are Ambitious We are Determined We are Visionary We Value Each Other We are Dependable

The North America Product Portfolio Manager position requires strong organizational, planning, communication and analytical skills. The ideal candidate will have the ability to work effectively across multiple functions. They will also have a product analytical mindset of constantly measuring success of the current products as well as assessing the efforts, risks and benefits associated with adding a new product to the business. The role will also facilitate make versus buy decisions for vertical integration in the region. This position reports directly to the North America Supply Chain Director and is a key interface to Finance, Engineering, Operations, Sales and Product Management.

Keyp Responsibilities include:

Analysis - Examine large projects, trends in sales/usage, trends in inventory, and vertical integration alignment with manufacturing competencies to determine make versus buy decisions and/or safety stock/inventory recommendations. Direction - Building roadmaps and checking the alignment of potential new products will be key to establishing the region product portfolio strategy. Problem structuring – Identifying key issues, developing hypotheses and methodology to verify or refute them and providing the appropriate solutions for confirmed issues will be another critical skill set for this position. High level of attention to detail, including the ability to assess, consolidate, format, analyze, and synthesize content and data related to the portfolio, programs, and projects Coordinates all make/buy decisions brought forward through various processes such as large order management, HQ initiatives, cost saving initiatives. Ensures all organizational activities are carried out in compliance with respective regulations and laws, company policy and procedure. Prepare performance reports and present in monthly regular management meetings and/or represents department in local or international meetings. Additional work hours in excess of normal business hours may be necessary to perform essential duties and responsibilities.  This includes extra efforts required for projects or periods of short duration. Travel may be required via any mode of transportation as determined by Company for business reasons such as, but not limited to, skill development, training or a company business event.  This would include travel to Corporate Headquarters/Regional (Field) Offices, RSC or national and international suppliers. Travel may be required to perform essential job responsibilities. Other duties as assigned by management
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