Product Manager

lighting

Pune District

On-site

INR 1,800,000 - 3,000,000

Full time

7 days ago
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Job summary

Signify is seeking a Product Manager to support profitable growth by managing product categories and driving 4Ps strategy. The role involves market research, portfolio optimization, pricing, and lifecycle management for lighting controls and connected solutions.

You will collaborate with cross-functional teams across product, marketing, and sales to develop business cases and enable successful product launches.

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, 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.

Responsibilities

  • 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.

Skills

Product management
Market research
Data analysis
Cross-functional collaboration

Education

Bachelor's degree (Engineering, Business, Marketing, Finance)

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.

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