Description:
The Portfolio Manager – Coolants and Future Mobility will conduct regular meetings with the business to track and drive cost expectations of the portfolio. Additionally, the Portfolio Manager will be the subject matter expert on portfolio supply chain within Product Strategy & Management. The Portfolio manager will offer strategic input to assist the Brand Manager in the development of key innovation within the 5 year master plan while also helping ensure profitability via the successful management of product lifecycles. In this role, you will be responsible for:
- Ownership and analysis of all product costing along with key drivers of that costing. Drives conversation with the business to implement supply chain optimizations, procurement savings opportunities, and consolidation of the portfolio through product life-cycle management. Additionally, responsible for tracking changes month-to-month EG and cost changes within the portfolio to identify outliers and develop course correction plans. Keeps all business units apprised of costing of products.
- Product / Portfolio Costing: Serve as the Single Point of Contact for all business units relative to current costing of all portfolio items, cost changes based on supplier inputs, and cost implications of various supply chain shifts. Actively communicate changes to all teams and ensure close connection with business to understand impacts of absorption on the portfolio
- Supply Chain & Margin Optimizations: Continuously monitor and report out on changes within the portfolio relative to margin. Alert the team monthly to all items outside target margins along with recommended corrective actions to regain target margin windows. Actively seek out opportunities in the supply chain to drive out costs, enhance service levels, and deliver profitability
- SKU Rationalization & Product Lifecycle Management: Own, monitor, and recommend product life cycle for the coolant and future mobility portfolios. This encompasses an annual SKU rationalization of the portfolio followed by Obsolete tracking and process completion. Additionally, determining which SKUs should be cured and provide a strategic path, leveraging data, to move the item into a healthy position. Works closely with supply chain, procurement team, and channel marketing to deliver effective product lifecycles reducing inventory and enhancing profitability.
- Innovation Network Analysis: Aid the innovation team via costing of new materials coupled with the development of the most effective supply chain to deliver fill rate while keeping inventory and COGS low.
- Review and Manage Red Zone inventory in coordination with Supply Chain. Providing direction on excess inventory solutions and ensure execution by the organization.
What You’ll Need
- Strong analytical thinking and business mindset. Possesses the ability to turn insights into action
- Ability to pull, assess, and conceptualize key data in a manner that makes it digestible for leadership
- An inquisitive thirst to learn more and seek the truth
- Team oriented, with strong communication abilities and willingness to share ideas for diverse input and perspective
- Passion for continually improving recommendations and optimizations to extract value from products and supply chains
- 3-5 years of relevant work experience
- Bachelor’s Degree
- Must be authorized to work in the U.S.