Stoneridge, Inc. Novi , MI 48377
Posted 2 weeks ago
Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We're focused on the areas of greatest market need - both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers' expectations, and motivate our team.
JOB SUMMARY:
Product line leader responsible for execution of strategic initiatives and P&L performance of their specific products. Must be a strong leader who has the willingness and ability to drive a cross-functional team towards that goal.
PRINCIPLE RESPONSIBILITIES:
Key Objectives
Strategy Development: Develop, communicate, and lead the execution of the product line strategy
Enable and drive robust roadmap that adheres market demands and encompasses total cost of ownership into a feasible business strategy
Commercial Ownership: Manage product pricing and define and drive the execution of profitability improvement projects via business development, cost reductions, manufacturing footprints, etc.
Strategy Development
Own and analyze the understanding of market, industry, and competitive trends in the development of the overall product line direction
Develop robust view of direct and indirect competition, competitor value proposition, and competitor roadmaps.
Drive development and execution of strategic product/technology roadmaps in strong partnership with Engineering with the overall primary goal of maximizing business growth, profitability and differentiation
Own prioritization and business case development of advanced projects aligned with the long-range 5 year revenue plan
Drive competitive benchmarking activities
Focus team towards strategic priorities
Engage with M&A synergy and business case analysis and assessments
Own Total Available Market model
Commercial Development
Drive alignment between strategy and commercial process (long-range revenue and profitability commitment, budget commitments of profitability improvements, footprint alignment, line utilization, etc.) through leading business opportunities through Stoneridge's quote and business case process
Ensure competitive cost structures by working with engineering, purchasing, manufacturing, finance, and operations to develop targets and corresponding improvement plans
Manage advanced development product life cycle to ensure that the business is consistently driving improved profitability across all assigned product segments
Drive and monitor cost improvement initiatives as a lever to manage P&L by working cross-functionally with Procurement, Engineering, and Manufacturing/Operations.
EDUCATION, EXPERIENCE AND KNOWLEDGE:
Demonstrated financial acumen as it relates to business direction and P&L management
MBA with 5+ years of global business development experience. Technical degree preferably in engineering (electrical, software, systems, mechanical)
In-depth understanding of B2B product marketing and demonstrated ability to generate new market leads and opportunities in-line with the strategic plan
Direct experience in development of strategic product/technology roadmaps and product development.
Demonstrated ability to manage a diverse team in a matrix organization
Direct experience with gateways, telematics, and/or commercial vehicle market
Demonstrated technical understanding and a high degree of analytical capability.
Ability to collect/synthesize/interpret data and recommend direction; ability to challenge assumptions in a data driven fashion.
Excellent communication and customer presentation skills and results oriented.
LOCATION AND TRAVEL REQUIREMENTS:
Stoneridge is an Equal Employment Opportunity Employer. We do not discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, marital status, mental or physical disability, genetic information, veteran status or any other characteristic protected by the applicable laws in the countries we operate. Stoneridge also prohibits harassment of applicants or employees based on any of these protected categories.
Stoneridge, Inc.