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Global Product Manager

Molex is growing its Power & Signal Business Unit (PSBU), and we are looking for great people to grow with us. We are looking for a talented professional to join our high-power connector team as a Global Product Manager. If you are looking for a way to accelerate your career and be part of a great company, this may be the opportunity for you.In this role you will work with highly dedicated professionals at Molex who focus on our innovative COEUR Socket Technology product line. You will identify new differentiated capabilities and work with our product development and strategic marketing teams to bring them to market.This position is expected to effectively collaborate with Engineering, Business Development, Sales, Marketing, Operations, and our Distribution Partners. Summarized below are the requirements for the position as well as responsibilities and associated expectations.What You Will Do• Increase revenue, profitability, and market share of assigned products.• Identify new differentiated products that are broadly applicable to our current and potential customers.• Concept tests these new ideas with Sales, target customers, and distributors.• Perform a financial analysis to ensure that each proposed development will meet Molex's profitability requirements.• Create Voice of the Customer product requirements that specify the needed features to be developed by Engineering.• Work with our Legal team and Engineering to submit utility and design patent applications.• Establish book pricing.• Review Engineering design proposals to ensure that they meet the requested product requirements.• Create promotional material and sample kits for product launches.• Train Sales, customers, and distributors on new product capabilities• Share responsibility for developing and maintaining the COEUR Socket Technology general markets roadmap.• Work with our plants on capacity planning and cost reduction activities.• Review and approve pricing requests.• This position is located in Lisle, IL and requires 15% domestic travel and occasional international travel.Who You Are• 2+ years of experience in product management and/or sales• Track record of growing revenue and profitability• Ability to guide customers to the appropriate product solutions.• Understanding of business metrics and data used to gauge product success.• Self-motivated and organized to anticipate, plan, prioritize and self-monitor workload.• Experience with effectively presenting to large groups.• Ability to effectively build relationships with internal teams and external contacts, respond positively to situations, and influence others.• Willingness to travel to customers and distributors as needed.What Puts You Ahead• Technical degree• Experience in high power interconnect solutions (connectors, busbars, and cable assemblies)• Experience and knowledge in the Datacenter, Electrification, or Industrial markets.At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.Hiring PhilosophyAll Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy [1] here.Who We AreAs a Koch company, Molex is a leading supplier of connectors and interconnect components, driving innovation in electronics and supporting industries from automotive to health care and consumer to data communications. The thousands of innovators who work for Molex have made us a global electronics leader. Our experienced people, groundbreaking products and leading-edge technologies help us deliver a wider array of solutions to more markets than ever before.At Koch, employees are empowered to do what they do best to make life better. Learn how our [2] business philosophy helps employees unleash their potential while creating value for themselves and the company.Our BenefitsOur 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 are 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 OpportunitiesEqual Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, all offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please visit the following website for additional information: [3] http://www.kochcareers.com/doc/Everify.pdf#LI-KZ1[4]ReferencesVisible links1. https://jobs.kochcareers.com/pages/culture2. https://www.kochind.com/about/business-philosophy3. http://www.kochcareers.com/doc/Everify.pdf4. http://www.kochcareers.com/doc/Everify.pdf

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What You Should Know About Global Product Manager, Molex

At Molex, we are excited to invite a passionate and dynamic Global Product Manager to join our Power & Signal Business Unit (PSBU) based in Lisle, IL. This is a remarkable opportunity for someone eager to advance their career while becoming an invaluable part of our high-power connector team. As the Global Product Manager, you'll collaborate with a talented group of professionals focused on our innovative COEUR Socket Technology product line. Your role involves identifying new and differentiated product capabilities, engaging with our esteemed product development and strategic marketing teams to successfully launch them into the market. You’ll have the opportunity to drive revenue growth, enhance profitability, and expand market share for existing products. Conducting concept tests with sales teams and customers will be your playground, ensuring the innovations meet market demands. You’ll also be diving deep into financial analyses to safeguard profitability, creating essential product requirements, and collaborating across various teams, including Engineering and Legal, to pave the way for utility and design patents. If you're self-motivated, thrive in a collaborative environment, and can balance a demanding schedule that includes both domestic and occasional international travel, we'd love for you to explore this role further. At Molex, every team member plays a part in revolutionizing industries and supporting vital markets—from automotive to healthcare—while enjoying comprehensive benefits that support your well-being. Join us at Molex to be part of a culture that values innovation and individual contributions!

Frequently Asked Questions (FAQs) for Global Product Manager Role at Molex
What are the main responsibilities of a Global Product Manager at Molex?

The Global Product Manager at Molex is responsible for increasing revenue, profitability, and market share for assigned products, particularly within the COEUR Socket Technology line. Responsibilities include identifying new product capabilities, conducting concept tests with sales and target customers, performing financial analyses for product developments, creating product requirements with the voice of the customer, and becoming a crucial link between Engineering, Marketing, Sales, and Distribution Partners.

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What qualifications are needed to apply for the Global Product Manager position at Molex?

To be considered for the Global Product Manager role at Molex, candidates should have at least 2 years of experience in product management or sales, a proven track record of revenue growth, and strong analytical skills. A technical degree and experience in high power interconnect solutions, as well as knowledge in sectors like Datacenter or Industrial markets, are a plus that can elevate your application.

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Is travel a requirement for the Global Product Manager role at Molex?

Yes, the Global Product Manager role at Molex requires around 15% domestic travel, along with occasional international travel. This travel is important for building relationships with customers and distributors, ensuring that the product solutions meet their needs effectively.

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How does Molex support its employees in the Global Product Manager position?

Molex supports its employees in the Global Product Manager role by fostering a culture of innovation and collaboration. The company offers comprehensive benefits that encompass physical, financial, and emotional well-being, including medical, dental, and retirement plans, to ensure employees thrive in both personal and professional realms.

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What impact does a Global Product Manager have on Molex's product line?

A Global Product Manager at Molex plays a pivotal role in shaping the future of the product line. By identifying market needs and developing new product features aligned with industry trends, the manager ensures that Molex remains competitive. Their efforts directly affect revenue and profitability, making them integral to Molex's success in the electronics market.

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Common Interview Questions for Global Product Manager
Can you describe your experience with product management?

When answering this question, provide specific examples of your previous roles in product management roles. Highlight the products you managed, successes in revenue growth, and any innovative strategies you implemented. Be sure to connect these experiences to the requirements of the Global Product Manager role at Molex.

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How do you prioritize product features based on customer feedback?

A strong answer includes explaining your process for gathering customer feedback, analyzing the data, and assessing the business impact of various features. Discuss any tools or frameworks you use to prioritize features and ensure they align with market needs, particularly for the COEUR Socket Technology line at Molex.

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What strategies do you use to increase market share for a product?

Discuss various strategies such as competitive analysis, targeted marketing campaigns, and collaboration with the sales team. Mention your approach to understanding market trends and consumer needs, and how those insights help drive product development at Molex.

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How do you handle conflicts between engineering and marketing teams?

Emphasize your diplomatic skills and communication strategies. Provide an example of a conflict you resolved by ensuring both teams understood each other's perspectives and worked towards a common goal. Focus on your role in turning differences into alignment, which is crucial for a Global Product Manager.

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What tools do you use for product management and analysis?

Share your experience with specific tools like JIRA, Trello, or Asana for task management, and analytics tools for market research. Describe how these tools help you maintain organized workflows and make data-driven decisions, which is vital for the role at Molex.

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Can you give an example of a successful product launch you managed?

Use the STAR method to outline your past experiences. Describe the steps you took from ideation to launch, including stakeholder engagement and market testing, and explain how your contributions led to the product's success, drawing parallels to the work you would do at Molex.

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What metrics do you track to measure a product's success?

Talk about key performance indicators (KPIs) relevant to product management, such as sales growth, market share, customer satisfaction scores, and return on investment. Relate how these metrics were vital in previous roles and what you would monitor at Molex to ensure the COEUR Socket Technology products perform well.

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How do you approach developing product requirements?

Describe your method for pulling in the voice of the customer to inform product requirements. Discuss how you collaborate with various teams and incorporate feedback systematically, ensuring the requirements meet both market needs and business goals at Molex.

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What do you consider the biggest challenge in product management?

Share a thoughtful perspective on challenges such as aligning cross-functional teams, managing timelines for product launches, or adapting to market changes. Offer an example of how you tackled such challenges in the past, showcasing your resilience and problem-solving skills relevant to the Global Product Manager role.

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Why are you interested in working at Molex as a Global Product Manager?

Discuss your admiration for Molex as a leader in the interconnect solutions industry and your passion for innovation in technology. Highlight how your values align with the company culture, expressing your eagerness to contribute to the team's success and growth.

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Molex makes a connected world possible by enabling technology that transforms the future and improves lives. By continually adapting to help customers advance designs in the areas of greatest impact, we join those who share our mission to create b...

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Full-time, on-site
DATE POSTED
December 11, 2024

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