Product Line Manager

Molex; Minneapolis (MN); On-site; USD 130,000 - 180,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Flexible spending and health savings accounts

Paid vacation and time off

Educational assistance

Job summary

Molex is seeking a Product Line Manager to drive growth and innovation in Minneapolis. You will develop product strategy, collaborate with cross-functional teams, and manage P&L. The role requires strong leadership, customer engagement, and experience in product lifecycle management. We offer a competitive salary between $130,000 - $180,000 per year, along with comprehensive benefits. Join us in delivering customer-focused solutions that shape our product portfolio.

Qualifications

• Experience owning and managing a product line P&L.
• Experience leading end-to-end product lifecycle management.
• Strong cross-functional leadership skills.
• Experience applying market and technical acumen to drive product strategy.
• Demonstrated effectiveness engaging directly with customers.

Responsibilities

• Develop and execute the product strategy.
• Collaborate with engineering and manufacturing teams.
• Work closely with sales to improve product offerings.
• Develop pricing strategies for profitability.
• Manage product lifecycle and portfolio activities.
• Establish key performance indicators to measure success.

Skills

Cross-functional leadership

Product lifecycle management

Pricing strategy

Customer engagement

Market analysis

Advanced communication

Education

Bachelor's degree in engineering, business, or related discipline

Tools

Power BI

Job description

Your Job

Molex is expanding its Optical Solutions Business Unit and seeking a Product Line Manager to drive growth and innovation. In this role, you'll collaborate with global teams across engineering, manufacturing, and sales to deliver customer-focused solutions and manage the product portfolio. You'll lead strategy development, roadmap planning, and P&L management while engaging directly with customers to support pricing, commercialization, and marketing initiatives. Additional responsibilities include product training, web content, and sales enablement activities that help achieve divisional revenue goals.

Location: This is an onsite role based at the Eden Prairie, MN or Hudson, WI locations.

What You Will Do

• Develop and execute the product strategy aligning with overall business objectives and market demands.
• Collaborate with engineering, design, and manufacturing teams to develop and launch new products. Ensure products meet quality standards and meet customer requirements.
• Work closely with sales and customer support teams to understand customer feedback and improve product offerings. Act as the voice of the customer within the organization.
• Develop pricing strategies that maximize profitability while remaining competitive in the market. Monitor product performance and adjust strategies as needed.
• Responsible for product line transactional activities through daily collaboration with sales, engineering, and the manufacturing facilities.
• Manage the product lifecycle and portfolio management activities.
• Establish and track key performance indicators (KPIs) to measure success. Use data to drive continuous improvement and innovation.
• Interact with manufacturing plants to lead cost reduction efforts, capacity planning, and quality improvement initiatives.
• Sales & Marketing
  • Assist Product Managers to lead customer segmentation and value chain activities to identify key decision makers and design opportunities.
  • Engage with customers in the development of specifications and technical requirements, which can be used to direct the development of new products, product variants or improvements.
  • Create and deliver technical product training and technical brochures to support the global sales force and customers.
  • Partner with the Molex worldwide sales engineers who are working with OEMs and Molex franchised distributors to design in Molex connectors & assemblies
  • As needed, travel to meet with customers onsite to understand customer needs and ultimately design in products that meet & exceed customer requirements

Who You Are (Basic Qualifications)

• Experience owning and managing a product line P&L, including pricing strategy, margin performance, and asset optimization
• Experience leading end-to-end product lifecycle management, from new product introduction through extensions, cost reduction initiatives, and end-of-life execution
• Previous experience working with customers directly to establish VOC and developing a product strategy around that with respective teams
• Strong cross-functional leadership skills, with experience orchestrating collaboration across engineering, sales, operations, and supply chain to ensure effective handoffs and requirements flow
• Experience applying market and technical acumen to drive product strategy, including competitive positioning, customer value propositions, and SWOT analysis
• Experience developing and executing pricing strategies and cost analysis to support profitable growth
• Demonstrated effectiveness engaging directly with customers and internal business leaders, translating market needs into actionable product and roadmap decisions
• Advanced communication skills, including experience preparing and delivering executive-level and customer-facing presentations
• Capability and desire to influence, mentor, supervise, and develop others while representing the product line with credibility internally and externally
• Willingness and ability to travel approximately 20-35% of the time in support of customers, business engagement, and cross-functional collaboration
• Bachelor's degree in engineering, business, or a related discipline

What Will Put You Ahead

• Experience managing direct reports and developing talent
• Experience with Fiber Optic applications or products
• Experience with customer engagements
• Experience using data and analytics tools (e.g., Power BI) to drive product strategy
• B2B business experience
• Strong technical acumen related to product design and features

For this role, we anticipate paying $130,000 - $180,000 per year. This role is eligible for variable pay, issued as a monetary bonus or in another form.

Our Benefits

Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.

Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please click here for additional information. (For Illinois E-Verify information click here, aqui, or tu).

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