Massachusetts Jobs

Product Line Manager

ABOUT ADVANCED ENERGY

Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.

WHY BE A PART OF ADVANCED ENERGY?

Some people say it’s like working in the best of two worlds. We operate like an agile, growing, small company – you can see your work make a difference to the company every day. Things move quickly and you can see and feel it. At the same time, we’re a global company founded in 1981 and have been publicly traded for more than 28 years. We have a strong cash position, deep trust and partnership with leading customers, a global best-in-class operations capability, and a proven leadership team. We have a track record and resources to make things happen both organically and inorganically. Being part of a nimble company with a solid foundation attracts team members that are capable, driven and like a challenge. Our employees collaborate and know how to have fun inventing, working, building and winning together. At our core, we are Advanced Energy – powering technology together.

POSITION SUMMARY:

Plan, manage, and oversee the formulation of all short-term and long-term strategic objectives and business plans for the Medical Business Unit product lines, including development of multi-generation product roadmaps, strategic pricing and price realization initiatives, leading stage-gate product development process and marketing activities, and executing opportunistic strategic partner development. Responsible for leading demand creation and product positioning activities across the sales organization to drive sales, profitability and market share while achieving strategic and financial objectives.

RESPONSIBILITIES:

• Develop and implement strategic plan for the Medical Business Unit product lines, including development of multi-generation product roadmaps and supporting business cases.

• Manage P&L for the product line with a focus on achieving financial objectives.

• Deploy and maintain product lifecycle management for the product line with a focus on product Vitality Index, and proactive prioritization of product development portfolio based on technology position, market and/or commercial position, time to maturity, associated risk and opportunity value.

• Conduct voice of the customer (VoC) interviews through customer visits, industry association participation and competitive research, and feed identified market needs and benefits into point of views (PoV), product positioning, pricing strategy, product commercialization and launch strategies and product life cycle planning.

• Manage pricing bands for the product line with a focus on meeting price realization objectives.

• Maintain current knowledge and expertise of product technologies, new product designs, competitor capabilities and practices, market conditions, and market channels.

• Develop and coordinate marketing programs and communications materials for all sales channels.

QUALIFICATIONS:

• Ability to develop constructive and effective working relationships with a diverse cross-functional global internal and external teams.

• Demonstrates strong business acumen, and an ability to balance strategic and tactical priorities, and short-term and long-term objectives.

• Proficient in consultative selling approach and identifying latent customer and market needs.

• “A” player with potential to take over the business unit as part of succession planning.

• Ability to distill & deliver complex messages to small or large audiences with an executive presence.

• Strong communication skills (verbal and in writing) and can confidently interact with all levels in the customer or internal organization.

• Can operate with high sense of urgency even in light of ambiguity & uncertainty and drive towards drives fact-based decisions.

• Demonstrates a pattern of continuous improvement.

• Highly effective time management and organizational skills.

EXPERIENCE:

• 10+ years of successful product management experience, including involvement with strategic planning, product road mapping and an understanding of P&L management, preferably within the power supply or related industry.

• Experience and knowledge of Medical Business Unit markets.

• Technical understanding of power supplies or related products preferred.

• Track record of progressive experiences.

EDUCATION:

• Bachelor’s degree required; BS with MBA, or equivalent business experience, preferred

COMPENSATION:

As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $150,000 to $175,000 per year.

BENEFITS:

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan for eligible positions, and a discounted Employee Stock Purchase Plan. 

In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:

• Medical - multiple medical plans are available to choose from

• Short and long-term disability and life insurance

• Health savings and flexible spending accounts

• Generous time off policy starting with 3 weeks of paid vacation, 7 days of paid sick time, and 12 paid holidays

• 8 hours of paid volunteer time off

• 8 weeks of paid parental leave for both Moms and Dads

• Company matched 401(k)

• Tuition reimbursement

• Expanded mental health coverage and employee assistance programs  

• Other voluntary benefits include critical illness, accident and hospital indemnity, pet insurance, identify theft, and legal assistance

Advanced Energy is committed to diversity in its workforce including Equal Opportunity Employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and/or veteran status.

Advanced Energy is also committed to providing reasonable accommodations in our job application process/procedures for qualified individuals with disabilities. If you require assistance in completing an Advanced Energy application, please reach out to HumanResources@aei.com