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Product Strategy & Lifecycle Manager (Danaher Company) in Wood Dale, Illinois at Videojet

Date Posted: 2/19/2019

Job Snapshot

Job Description

Job ID: VID004750

About Us

We invite you to Imprint the WORLDTM on an exciting journey of continuous improvement! Every day, 4,000+ associates in over 38 countries work together to achieve amazing results as One Videojet. From freshness dating to track and trace coding, Videojet technologies help ensure products sold across the globe are authentic and safe for consumers to use in the food, beverage, pharmaceutical and industrial marketplaces.

As a global leader in the marking and coding industry, our continued growth brings an opportunity for you to chart the course and drive your own career success. As a Videojet associate you will:
ENGAGE in bringing consumer brands to market globally.   
DRIVE results with the Danaher Business System (DBS). 
REALIZE your potential! 


Purpose of Position
• Create functional and process capability to proactively and strategically manage product lifecycle optimization, especially around product/component obsolescence and end of life projects across technology lines – laser, TTO, TIJ, secondary, and CIJ
• Work closely with Business Unit Managers and Planners for each technology to execute projects and ensure strong roadmap alignment.
• Support Business Unit Managers in managing Maintenance of Line (MOL) project funnel 
• Work closely with supply chain, manufacturing, engineering, and regional teams to incorporate all input into consideration for product lifecycle management
• Lifecycle projects may include a wide-range of topics, including: 
o Product/Component End-Of-Life Projects
o Product Improvements/Feature Addition Projects
o Quality Improvement Projects
o Margin Improvement Projects
o Compliance Projects
o Re-Branding and OEM Projects

Essential Functions
• Define product/component obsolescence risks in product portfolio, mitigation plan, and incorporate into overall product roadmap to maximize return on engineering investment and business profitability.
• Identify/implement necessary tools (e.g., PLM software) by partnering with IT, Engineering, and other functions and establish standard work to monitor component obsolescence at Bill of Material level for all existing products in our portfolio.
• Conduct annual product portfolio audit to determine opportunities for reducing part numbers and inventory in the system (PP5S).
• Actively and effectively manage existing product portfolio, including, phase-out, obsolescence, product enhancements, documentation, etc.
• Works closely with the sales, technical service, and customer service organization to understand issues with the existing products; from features, performance, to packaging and drives changes to ‘delight’ the customer.
• Supports Global Business Unit Managers, engineering, sales, marketing and support teams in product phase-outs to ensure revenue, quality and customer satisfaction goals are met.
• Identifies product extension opportunities that could positively impact the top line and works with R&D to develop these opportunities.
• Drives Value Added-Value Engineering projects through the organization that are addressing part obsolescence, quality improvements, and/or cost reduction initiatives. 
• Analyzes the product line performance, including sales, profitability, volume, inventory, and works with Global Product Managers to drive Countermeasure activities on revenue and engineering/operations to address profitability issues.
• Understands and uses the foundation DBS tools, including 5S, Standard Work, Value Stream Mapping.  Initiates and champions meaningful and sustainable kaizens that assist in achieving the business unit objectives.
Other Non-Essential Functions
• Participant in the development of product line plan and product roadmap that takes into account the attractive customer segments, broader market trends and company needs, examples include global product development, manufacturer requirements, competitor trends, etc.
• Identifies and assesses in-market and adjacent space opportunities and analysis for potential product modification opportunities.
• Supports the development of prioritization of customer needs in price/performance on product lines. Supports efforts to capture key customer needs / wants for future products. 
• Supports competitive analysis and research of competitors; develops and executes response initiatives including understanding of how competitive products compete with products in portfolio.
• Helps lead the development of the business unit policy deployment and KPIs.  
• Performs other duties as required.

Job Requirements


Education, Background and Skill Requirements
• Bachelor's degree in a technical or business field
• 5+ years of product management experience, product lifecycle experience required
• Strong technical and engineering expertise required, similar industry experience preferred
• Strong financial acumen and analytical skills
• Able to empathize with customers, translating needs into products
• Ability to work with and influence cross-functional teams
• Proficient in Excel, Access and Outlook
• Excellent written and verbal communication skills 
• Excellent teamwork skills, effective project management
• Thorough understanding of the customer segments and product applications for business unit’s products.
• Utilize project management skills.  Comprehending the critical elements of a project.  Converting these skills into more rapid product development.  Leads in development of a strategic plan
• Understanding of trends impacting the overall business.  Understanding of trends impacting the product line
• Ability to travel nationally and internationally up to 50% of time

Videojet Technologies Inc. is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, national origin, religion, gender, age, marital status, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by law.

Danaher Corporation Overview

Danaher is a science and technology innovator committed to helping our customers solve complex challenges, and improving quality of life around the world. 

Videojet is part of a global family of 20+ operating companies who drive meaningful innovation in some of today’s most dynamic, growing industries. With operating companies based around the world – our groundbreaking  businesses operate across four strategic platforms:
• Product Identification
• Water Quality
• Dental
• Life Sciences & Diagnostics

We are proud to say that we’re a Fortune 150 company of 59,000 dedicated associates who are Helping Realize Life’s Potential every day by bringing our diverse skills, backgrounds and perspectives together to make a  difference.