Product Manager

Philips Lighting Spain SL.; Koregaon Park; On-site; INR 8,596,000 - 14,327,000; Full time

Job summary

Signify is seeking a Product Manager to support profitable growth by aligning the portfolio with strategy defined by Channel and End-User Marketeers. You will collaborate with enabling functions to deploy the 4Ps and drive data-driven product decisions.

You will work on market research, pricing, and portfolio optimization, translating insights into actionable recommendations and value propositions. The role emphasizes cross-functional collaboration and independent analysis to enable product

Qualifications

• Bachelor's degree in Engineering, Business, Marketing, Finance, or a related field.
• 3-5 years of experience in Product Management, Product Development, Product Marketing, or related roles.
• Experience with product lifecycle management, including launches and portfolio optimization.
• Strong market research, competitive analysis, and data-driven recommendations.

Responsibilities

• Support North American Product Managers in managing product categories, focusing on lighting controls and connected solutions.
• Conduct market research to identify customer needs, trends, opportunities and risks.
• Analyze product, pricing, profitability performance and recommend actions to improve growth and margins.
• Drive portfolio optimization through SKU rationalization and lifecycle management.
• Support new product introductions, launches, and commercialization efforts.

Skills

Market research

Competitive analysis

Data analysis

Cross-functional collaboration

Product strategy

Education

Bachelor's degree in Engineering, Business, Marketing, Finance, or related field

Job description

About Signify Through bold discovery and cutting-edge innovation, we lead an industry that is vital for the future of our planet: lighting. Through our leadership in connected lighting and the Internet of Things, we're breaking new ground in data analytics, AI, and smart solutions for homes, offices, cities, and beyond. At Signify, you can shape tomorrow by building on our incredible 125+ year legacy while working toward even bolder sustainability goals. Our culture of continuous learning, creativity, and commitment to diversity and inclusion empowers you to grow your skills and career. Join us, and together, we’ll transform our industry, making a lasting difference for brighter lives and a better world. More about the role

Job Summary

Responsible for supporting profitable growth through local activities that allow the portfolio to be sold in line with the strategy defined by Channel and End-User Marketeers. Collaborates with other enabling functions to define and deploy the 4Ps (Product, Pricing, Place, Promotion)

Key Areas of Responsibility

Support North American Product Managers in managing assigned product categories, with a primary focus on Lighting Controls and connected solutions. Conduct market research and competitive analysis to identify customer needs, market trends, opportunities, and risks. Analyze product, portfolio, pricing, and profitability performance; recommend actions to improve growth and margins. Drive portfolio optimization through SKU rationalization, lifecycle management, and product phase-in/phase-out activities. Support new product introductions, product launches, and commercialization efforts. Develop business cases and data-driven recommendations for product, pricing, and portfolio decisions. Translate customer, market, and competitive insights into actionable recommendations and value propositions. Support sales enablement and go-to-market activities through training materials, launch content, and product communications. Maintain accurate product, portfolio, forecast, pricing, and performance reporting. Support forecasting, business planning, and performance reviews through data analysis and reporting. Collaborate with cross-functional teams to execute product initiatives and resolve business challenges. Independently deliver high-quality analysis, presentations, and recommendations with minimal oversight.

Critical Experiences

• Bachelor's degree in Engineering, Business, Marketing, Finance, or a related field.
• 3-5 years of experience in Product Management, Product Development, Product Marketing, Category Management, Business Analysis, or a related role.
• Experience with product lifecycle management, including new product launches, portfolio optimization, and product rationalization.
• Strong experience in market research, competitive analysis, and developing data-driven business recommendations.
• Experience analyzing product, pricing, profitability, and portfolio performance to support business decisions.
• Proven ability to work across cross-functional teams and independently drive work to completion.

KPI

• Innovation time to market & FYS
• Market Share %
• CRoT
• SKU health (reduction)
• Quality of market research and competitive analysis
• Quality of business cases and product recommendations
• Category growth and margin improvement support
• Product positioning and commercialization effectiveness
• Launch readiness and execution support
• Stakeholder satisfaction and cross-functional collaboration
• Timely delivery of high-quality analyses, presentations, and reporting
• Ability to advance work independently with minimal oversight
• Completion of required training and development activities

Everything we’ll do for you

You can grow a lasting career here. We’ll encourage you, support you, and challenge you. We’ll help you learn and progress in a way that’s right for you, with coaching and mentoring along the way. We’ll listen to you too, because we see and value every one of our 27,000+ people. We believe that a diverse and inclusive workplace fosters creativity, innovation, and a full spectrum of bright ideas. With a global workforce present in 70+ countries, we are dedicated to creating an inclusive environment where every voice is heard and valued, helping us all achieve more together. Come join us, and together we can light up the future.

Company Culture Is Content.

We are Signify, the new company name of Philips Lighting, and we light up the world! Our purpose is to unlock the extraordinary potential of light for brighter lives and a better world. We’re committed to the continuous development of our employees, using our learning to shape the future of light and create a sustainable future. Join the undisputed leader in the lighting industry and be part of our diverse global team.

#WeAreSignify #SignifyLife

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