Product Manager (Teradyne Automation Solutions, Remote US)

Teradyne; North Reading (MA); Remote; USD 129,000 - 208,000; Full time

Job summary

An established industry player is seeking a dynamic Product Manager to drive the strategy and performance of automation solutions in the semiconductor sector. This role is pivotal in identifying market opportunities and developing actionable strategies to enhance product growth. You will collaborate with cross-functional teams to ensure timely product delivery while engaging with customers to secure strong market fit. Join a company that values innovation and teamwork, where your contributions will significantly impact the future of factory automation. If you have a passion for technology and a track record of successful product launches, this opportunity is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

Flexible Spending Accounts

Retirement Savings Plans

Paid Vacation

Tuition Assistance Programs

Qualifications

• 10+ years in product management roles with a focus on factory automation.
• Strong technical background in managing integrated system solutions.

Responsibilities

• Develop market strategies and product roadmaps for automation solutions.
• Collaborate with teams to ensure successful product launches.

Skills

Product Management

Market Strategy

Cross-Functional Collaboration

Customer Engagement

Problem-Solving

Communication Skills

Education

BS in Engineering

MBA

Tools

Factory Automation Solutions

Robotics

Integrated System Solutions

Job description

We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne companies deliver manufacturing automation across industries and applications around the world!

We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive.

Opportunity Overview

We are seeking an experienced Product Manager to coordinate the strategy, roadmap, and business performance of Teradyne Automation Solutions, targeting the semiconductor Legacy Fab and Assembly & Test markets. This role requires a deep understanding of Factory Automation solutions and a proven track record of successfully launching innovative products.

Essential Functions:

• Market Strategy & Opportunity Analysis: Spearhead the identification and evaluation of market opportunities within semiconductor factory automation, driving clear, actionable strategies.
• Strategic Planning: Develop targeted strategies informed by market segmentation, competitive analysis, and financial assessments to maximize market potential.
• Product Roadmap Development: Create and maintain a compelling product/solutions roadmap designed to capture significant and sustainable market share.
• Cross-Functional Collaboration: Partner with engineering, operations, and other teams to drive effective new product introduction processes, ensuring products are delivered on time, within budget, and meet/exceed performance and cost targets.
• Customer Engagement: Collaborate with sales teams to secure early adopter customers, ensuring strong product-market fit and accelerating adoption.
• Revenue & Profitability: Achieve and exceed revenue and profitability targets by driving product growth and optimizing market performance.
• Product Management: Oversee product positioning, pricing, and forecasting to ensure alignment with business goals.
• Marketing & Sales Enablement: Develop and implement plans for marketing, sales, and partner enablement to promote Teradyne's Automation Solutions.

Required Qualifications, Experience, Skills & Education:

• BS in engineering or equivalent experience, MBA is a plus.
• 10+ years in product management roles.
• Proven track record of successfully launching new products.
• Extensive experience in industrial automation markets, with a focus on factory automation solutions.
• Strong technical background, with expertise in managing integrated system solutions (hardware and software) within the factory automation sector.
• Hands-on experience in robotics, autonomous systems, measurement, or safety applications.
• Familiarity with semiconductor fab and assembly processes.
• Proven success in defining, managing, and scaling high-revenue products.
• Experience launching products into new markets with measurable success.
• Customer-centric approach with experience in both pre-sales and post-sales customer engagement.
• Exceptional direction and management skills to effectively coordinate with internal teams, external partners, and customers.
• Collaborative team player with excellent communication and writing skills.
• Strong problem-solving abilities and a proactive approach to getting things done.

Compensation:
The base salary range for this role is $129,900 - $207,900. This range is a good faith estimate, and the amount of base salary will correspond with experience and skill set. This range can also fluctuate depending on demand and location.

Incentive Plan: This job is eligible for discretionary bonus(es) based on financial performance.

Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more.