Lam Research

Product Manager 5

Lam Research$125K — $270K *
Manufacturing & Automotive
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years of experience in product management; or 8 years with a Master’s degree; or 5 years with a PhD.
  • Ability to provide structure and guidance in chaotic environments.
  • Strong decision-making skills and sound judgment.
  • Effective leadership and mentoring skills for less experienced team members.
  • Inquisitive nature with confidence to challenge a highly technical team.

Responsibilities

  • Lead the overall Product Lifecycle Management.
  • Collaborate on prioritization of programs aligned with organizational objectives.
  • Define and communicate the product offerings through the Product Option Architecture.
  • Manage unreleased product proliferation and materials alignment.
  • Define financial reserve fund requirements for product enhancements.
  • Review and approve product change requests and pricing adjustments.
  • Communicate product issues impacting production, coordinating efforts with operations and development teams.
  • Analyze financial reserves and manage unreleased material inventory.
  • Monitor product costs, collaborating with supply chain and engineering.
  • Identify opportunities for efficiency gains in product development practices.

Benefits

  • Comprehensive benefits package for diverse life phases.
  • Investment in employee professional development.
  • Supportive work environment fostering collaboration.
Full Job Description
The impact you'll make

As a Product Manager at Lam, you play a crucial role in defining the strategy, roadmap, and features of the product. You are both strategic and tactical. You will span the entire product life cycle, from definition and planning to production release, upgrades, and end-of-life. Your leadership skills will be vital in ensuring cross-functional collaboration across different departments to drive the success of the portfolio of products. With your expertise in both business and technical domains, you'll bring the product vision to life for Lam and our customers.

A Senior Product Manager's focus is 100% on the Product. They are the leader for all groups to align priorities, define objectives, drive decisions to meet product development needs, market objectives, and released product support requirements.

What you'll do

  • Accountable for Product Lifecycle Management overall
  • EPL - stakeholder of the Program Priority List of programs/projects to focus resources in line with organizational objectives for owned products. Prioritize programs to allocate resources aligned with overall organizational objectives.
  • Define and communicate the product offered for sale through the Product Option Architecture(POA) system and approve product changes.
  • Manage unreleased product proliferation: capture and communicate early forecasts and shipmentplans in the Unreleased Build Plan Process (URBP); submit DMRF's to drive unreleased material;and approve Critical Design Reviews; align and approve new part spares inventory.
  • Define & manage E/OCOGS - financial reserve fund requirements to support implementation of enhancements/improvements to issues in the field, define and manage reserves maintained to achieve specific business objectives in the field
  • Review and disposition PR's in iPLM, BOM change orders, and NSR's; provide supporting rationale and alternatives to justify decisions and determine pricing. Ensure timely option release of NSRs.
  • Communicate across Lam and with customer known product issues, the impact to ongoing operations/production and POR. Lead CFTs as necessary, coordinating operations and development groups, to mitigate the customer production impacts when scarce resources are available.
  • Lead Safety issue CFTs to drive Safety Alert and implementation plans.
  • Analyze and make recommendation of financial reserves and disposition of unreleased material inventory in engineering, operations and spares locations.
  • Monitor, report & manage cost of products via collaboration with supply chain, engineering and ensure cost is a critical consideration in all design, change and product definition/strategy decisions.
  • Identify opportunities and drive changes to achieve Shift Left gains for all product development and release activity.


Who we're looking for

  • Minimum of 12 years of related experience with a Bachelor's degree; or 8 years and a Master's degree; or a PhD with 5 years experience; or equivalent experience.
  • The ideal candidate will have sound judgement and decision making capability, an inquisitive nature, demonstrated capacity to provide structure and guidance in a chaotic environment and the ability to work effectively across multiple organizations and levels of management.
  • They must have the confidence and background to lead and challenge a team of highly technical and competent individuals.
  • They must be able to understand and mentor the role of product manager to less experienced peers.


Preferred qualifications

  • Minimum 5+ years applicable experience; previous experience in semiconductor capital equipment industry preferred.
  • Familiarity with wafer handling and/or mechatronics systems is a plus.
  • Supervisory or management experience preferred.


Salary

CA San Francisco Bay Area Salary Range for this position: $125,000.00 - $270,000.00.

The above salary range for this position is relevant to applicants that reside or work onsite in the California, San Francisco Bay Area only. Salary offers will depend on factors that include the location you work from, your level, education, training, specific skills, years of experience and comparison to other employees already in this role. Actual salary may vary from salary offered due to numerous factors including but not limited to unpaid time off, unpaid leave, company mandated shutdown, and other relevant factors.

Our Perks and Benefits

At Lam, our people make amazing things possible. That's why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.

About Lam Research

Lam Research Corporation (Lam Research) is a supplier of wafer fabrication equipment and services to the worldwide semiconductor industry. Lam Research designs, manufactures, markets, refurbish, and services semiconductor processing equipment used in the fabrication of integrated circuits. The Company’s etch and clean technologies enable customers to build integrated circuits. Its etch systems shape the microscopic conductive and dielectric layers into circuits that define a chip’s final use and function. Its Customer Support Business Group (CSBG) provides products and services to maximize installed equipment performance and operational efficiency. Its customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make DRAM, NAND, and logic devices for these products.

Lam Research Careers

Joining Lam Research offers a unique opportunity to enhance your career at a leading global company at the forefront of innovation and technology in the semiconductor industry. Work You’ll Do At Lam Research, we are committed to advancing the technology landscape through continuous innovation and leadership. Our team of professionals is dedicated to pushing the boundaries of what's possible, making us a pivotal player in the semiconductor industry. By joining our team, you will collaborate with some of the brightest minds in the field, contributing to projects that significantly impact future technology. Transform Your Career Lam Research stands at the intersection of technology, innovation, and leadership. We offer job opportunities that challenge you to excel and push your limits. Our culture fosters growth and embraces diversity, ensuring that every team member can thrive professionally and personally. Join our dynamic team and be part of a company known for its groundbreaking work in developing equipment and services that drive the production of virtually every leading-edge chip in the world. Professional Growth and Development We believe in nurturing the professional growth of our employees by providing ample opportunities for career advancement through leadership and diversity training programs. Our commitment to your career is reflected in our robust benefits package, designed to support you and your family’s health, well-being, and financial future. Internship and Employment Opportunities Start your career path at Lam Research with our internship programs, which offer a hands-on experience in the semiconductor industry. Interns work closely with experienced mentors, gaining invaluable skills and knowledge that prepare them for full-time positions within our company. For seasoned professionals, we offer a variety of positions that leverage your skills to contribute to our mission of continuous improvement and innovation. We are always looking for curious, creative, and driven individuals to join our team. Inclusive Culture and Networking Lam Research is dedicated to creating a diverse and inclusive environment where all employees can thrive. Our culture encourages networking and collaboration, allowing you to connect with colleagues and industry leaders who are as passionate about technology and innovation as you are. Applying at Lam Research Ready to take the next step in your career? Explore the job opportunities at Lam Research by visiting our Careers page. Tailor your resume to highlight your relevant experience and skills, and prepare for an interview that could lead to a multitude of rewarding career paths with us. Stay Connected Keep up to date with the latest company news, employment trends, and career tips by joining our community. Subscribe to receive updates that can help you navigate your professional journey at Lam Research. Join Our Team Search open positions that match your skills and interests. We look for passionate, innovative, and solution-driven team players. Start your journey with Lam Research today, where your work isn’t just a job—it’s a pathway to personal and professional fulfillment. SEARCH LAM RESEARCH JOBS Discover the opportunities waiting for you at Lam Research, where we turn today’s innovations into tomorrow’s technologies.
Learn more about Lam Research
Size
14,100 employees
Market Cap
$54.8 billion
Industry
Net Income
$2.9 billion
Founded
2013
5 Year Trend
+16.5%
Revenue
$11.9 billion
NASDAQ

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