Lam Research

Product Manager

Lam Research$120K — $150K *
Consumer Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 8+ years of experience, Master’s with 6+ years, PhD with 3+ years, or equivalent experience in product management.
  • Demonstrated experience managing the entire product lifecycle.
  • Proven ability to work effectively across multiple organizations.
  • Strong strategic planning and tactical execution abilities.
  • Exceptional leadership skills to guide technical teams.

Responsibilities

  • Manage New Product Development, roadmaps, and Continuous Improvement Processes (CIP).
  • Document business objectives and product requirements as vision statement author.
  • Develop strategies to reduce product configurability and enhance commonality.
  • Ensure product performance targets and manufacturing readiness are met.
  • Define implementation strategies for product enhancements and coordinate with stakeholders.
  • Manage unreleased products and forecast plans for financial approvals.
  • Support costing and planning for new systems and upgrades.

Benefits

  • Flexible work location models including On-site Flex and Virtual Flex.
  • Comprehensive benefits package to support employees throughout different life phases.
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.

What you'll do

The Product Manager is responsible for managing the entire product line life cycle from strategic planning to tactical activities. Key responsibilities include the following:
  1. Managing New Product Development, Roadmaps and CIP
  • Vision statement author, accountable for documenting business objectives and product requirements
  • Drive strategies to minimize configurability, maximize commonality, and cut-in new CIP
  • Ensure the product meets performance targets, is available in manufacturing with predictable lead-time and cost, and is supportable in the field
  1. Product Change, Quality, and Profitability Management
  • Define implementation strategy for product enhancements, and communicates to stakeholders.
  • Manage unreleased products and features; communicate early forecast plans with all stakeholders and manage/coordinate financial approvals
  • Manage product cost reduction activities including material cost, I&W cost, and manufacturing cost
  1. Business Unit Operational and Strategic Support
  • Drive the Engineering Priority List (EPL) to ensure development and support activities are prioritized and aligned
  • Analysis and recommendation of financial reserves and disposition of unreleased material inventory in spares locations
  • Support in costing new systems, upgrades and providing costing forecast information
  • Assist in management reviews and annual planning


Who we're looking for

The ideal candidate will have sound judgement and decision-making capability, as well as demonstrated the capacity to work effectively across multiple organizations. This person must possess a blend of business and technical savvy, big-picture vision, and the drive to make that vision a reality. The Product Manager needs to have the confidence to lead a team of highly technical and competent individuals.
  • Bachelor's degree with 8+ years of experience; or Master's degree with 6+ years' experience; or a PhD with 3+ years' experience; or equivalent experience.


Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories - On-site Flex and Virtual Flex. 'On-site Flex' you'll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. 'Virtual Flex' you'll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.

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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