Covestro Deutschland AG

Product Line Manager

Covestro Deutschland AG$103K — $192K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, technical, or related field
  • 6+ years of related experience
  • Prior experience in the chemical industry
  • Familiarity with product lines in films
  • Experience in sales, marketing, supply chain, or product management
  • Project management experience preferred

Responsibilities

  • Develop annual sales budget and quarterly forecasts
  • Create strategic plans for product lines to maximize profitability
  • Establish pricing strategies based on market and manufacturing economics
  • Optimize product line profitability through detailed analysis
  • Minimize working capital via effective inventory management
  • Assist in developing business cases for capital projects
  • Lead allocation processes and manage supply predictions against demand

Benefits

  • Competitive pay with annual bonus potential
  • Generous paid time off
  • 401K plan with company match
  • Retirement contribution
  • Tuition reimbursement
  • Parental leave
  • Medical, dental, and vision coverage with no waiting period
Full Job Description
The Product Line Manager is responsible for the development and execution of the short- and long-term strategies within the AMS region. This position reports to the Head of PPS and accomplishes goals by balancing the region's manufacturing capabilities, market requirements, and global objectives of the product lines.

Major Tasks and Responsibilities
  • Develops annual sales budget and quarterly forecasts for respective product lines and aligns contribution targets to the segments for execution of the short- and long- range (10-year) strategic goals.
  • Devises strategic plans for assigned product lines which provide optimum utilization of existing assets and facilities, and maximum profitability consistent with the Business Entity objectives. Active participation in regional segment strategy execution and planning.
  • Develops Guide and Limit Pricing for product lines based on market dynamics and thorough consideration of manufacturing economics, including raw materials, conversion, packaging, and logistic costs. Align pricing to appropriate segments and communicate to the commercial team for implementation.
  • Maximize product line profitability by optimizing Margin 1, Margin 2, and EBIT. This is accomplished through: (1) evaluation of customer/product mix; (2) portfolio management (product rationalization); (3) strategic raw material sourcing; (4) asset utilization; and (5) overhead cost analysis.
  • Assist in minimizing working capital through effective inventory management including but not limited to reduction of DSMI (aged inventory) and strategic supply agreements for MTS inventory.
  • Assist in business case development for regional capital projects
  • Lead and manage allocation processes when necessary. This includes analysis of incoming supply predictions with forecasted demand and open orders. Attend and key contributor to weekly update meetings. Responsible for updating monthly customer allocation communications. Build allocation key and distribute and communicate monthly allocation to Commercial and OM teams.
  • Support the new product development process through guidance on portfolio expansion and product costing/profitability measurement.


Basic Qualifications
  • Bachelor's degree in business, finance, technical or related field with 6+ years of related experience


Preferred Qualifications
  • Experience in chemical industry
  • Experience in films
  • Experience in sales, marketing, supply chain, or product management
  • Experience in project management


Knowledge and Skills
  • Moderately experienced SAP user
  • Intermediate Excel skills
  • Strong analytical skills and strategic thinking
  • Ability to effectively interact and communicate with employees at all levels of the organization and to successfully identify and find compromises
  • Excellent communication and influencing skills
  • Change management mindset with strong adaptability
  • Drive for results and ability to work to completion
  • Highly detail oriented
  • Strong business acumen with ability to balance competing objectives and deal with uncertainty, while achieving optimal results


Salary Range: $103,867 - $192,954

This is a full-time role that includes competitive pay, annual bonus potential, generous paid time off, 401K with company match, retirement contribution, tuition reimbursement, parental leave and medical, dental and vision coverage (no waiting period).

YOUR APPLICATION

Are you as curious, courageous and colorful as we are? If so, we can offer you an exciting career opportunity. We look forward to receiving your application and resume. Become part of our team - apply now!

Contact Us


About Covestro Deutschland AG

Covestro is a German company that produces high-performance polymers and plastics. The company was spun off from Bayer in 2015 and is now a separate publicly traded entity. Covestro's products are used in a wide range of industries, including automotive, construction, and electronics. The company has operations in Europe, Asia, and the Americas and employs over 16,000 people.
Learn more about Covestro Deutschland AG
Size
16,800 employees
Industry
Founded
2015

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