Product Manager in Torrance, CA at Arconic

Date Posted: 11/18/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    3016 Lomita Boulevard
    Torrance, CA
  • Job Type:
  • Experience:
    At least 5 year(s)
  • Date Posted:
    11/18/2019

Job Description

Arconic Fastening Systems (AFS) is seeking a Product Manager to develop the Aerospace RAM Latches product line strategy, in line with meeting the facility objectives; and to develop the annual booking forecast, in conjunction with Sales and Operations. The Product Manager is responsible for product pricing and insuring that quotes are issued in a timely manner; will be the focal point for capturing and communicating competitive and market information; will document and maintain an LTA database; and will develop and present product training to internal and external customers.  The Product Manager will also support new product development activities.  This key position is located at the AFS aerospace fastener plant in Torrance, CA.
 
Arconic Fastening Systems (AFS) serves the global aerospace, automotive, and commercial transportation markets with the most specialized engineering, highest quality, and the greatest breadth and depth of fastening system solutions and seamless rolled rings in our industry.  Headquartered in Torrance, CA; AFS employs 7,900 people in 13 countries at 38 locations.  AFS is a business unit of Arconic (NYSE:ARNC).
 
Join Arconic and join a network of people who are passionate about industry-changing technology that advances the world. You’ll have the opportunity to work with leading global companies that operate in world-changing industries—such as aerospace, automotive, building and construction, defense and commercial transportation. It’s not just a job. It’s a career and a path to the future. You’ll be part of a diverse culture of learning, teaching and mentorship. Arconic is fully committed to developing people: providing employees with the resources, and learning and development opportunities they need to excel and build a career.
 
Key Responsibilities:
  • Develops the annual facility booking forecast, for applicable product line(s), in coordination with Sales and Operations.
  • Meets or exceeds the budgeted facility booking, booking margin, and backlog margin objectives.
  • Coordinates the creation and maintenance of system price curves and where applicable discount structures.  Documents and communicates modifications made to pricing structure.
  • Determines applicable expedite charges associated with shipping product ahead of standard delivery schedules.
  • Reviews and determines applicable charges associated with product cancellations.
  • Responsible for maximizing facility margins while meeting the serve market share objectives.
  • Insures that daily quotes as well as LTA’s are completed in a timely manner.
  • Responsible for developing LTA strategies in conjunction with Sales and Operations.
  • Initiate the development of unsolicited LTA’s to capture targeted business.
  • Captures, documents, and maintains all facility LTA’s. Use the LTA database as a tool to proactively secure additional profitable business.
  • Captures and documents all LTA proposals that are presently being worked and follow-up on those that have been submitted but have not yet been awarded.Coordinates the sale of E & O and Dormant inventory.
  • Insures that all daily, monthly, and other requested reports are run, evaluated, distributed, and acted upon to achieve the facility booking and margin objectives.  Reports to include: Daily bookings / margin reports (To include explanations as applicable), Daily tracker (For applicable product lines), Monthly Business Review reports, and Staff meeting reports
  • Insures that the applicable Product Strategy Road Maps and Growth Revenue Bridges are kept current (Updated annually) and are communicated to Operations.
  • Perform market analysis as deemed necessary or that is requested, to aid in decision making relating to the entering and/or exiting of markets, identifying market opportunities, product transfers, pricing decisions, lead-time evaluation, etc.
  • Develop and help implement product entrance, exit, and transfer strategies.
  • Responsible for performing necessary research to determine product market share.
  • Initiate the solicitation, capture, and documentation of competitive information used to assist in making strategic decisions.
  • Create a monthly report summarizing significant points of interest (Major accomplishments, Issues, business travel, customer visits, etc.) relating to the applicable product line(s) and facility.
  • Coordinate customer facility visits, in conjunction with Sales and Operations, and participate as applicable
  •    
Skills:
  • Strong interpersonal and leadership skills; ability to adapt and work with different personalities and perspectives to achieve business objectives.
  • Language Skills – Ability to communicate persuasively; ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
  • Mathematical Skills - Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.  Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
  • Reasoning Skills -Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
  • Computer Skills - To perform this job successfully, an individual should be proficient in excel and PowerPoint


Qualifications

Basic Qualifications:
  • Bachelor’s Degree from an accredited Institution
  • Minimum 5 years of Product Management, Business Development Management, or Account Management experience; OR minimum 5 years of Engineering experience with Latches.
  • Employee must be legally authorized to work in the United States.  Verification of employment eligibility will be required at the time of hire.  Visa sponsorship is not available for this position.
  • This position is subject to the International Traffic in Arms Regulations (ITAR) which requires U.S. person status.  ITAR defines U.S. person as an U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.
Preferred Qualifications: 
  • Prefer the Bachelor’s Degree is in Business, Mechanical or Industrial Engineering, Finance, or Marketing, from an accredited institution
  • Experience in the aerospace industry is strongly preferred
  • Knowledge of Latches and Latching Systems
  • Experience with Sales Analytics or Marketing/Pricing Analytics (including proficiency with Excel pivot tables, VLOOKUP)
 Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position. 

This position is subject to the International Traffic in Arms Regulations (ITAR) which requires U.S. person status. ITAR defines U.S. person as an U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.