Sr Portfolio Product Specialist
Honeywell
Date: 3 weeks ago
City: Pune, Maharashtra
Contract type: Full time
Join a team recognized for leadership, innovation and diversity
Position Overview
The Sr Portfolio Product Specialist is a key role responsible for managing and optimizing the product portfolio to ensure alignment with strategic objectives and market demands. This senior-level position involves leading innovation projects, providing strategic insights, and working cross-functionally to drive success of Oil and Gas Terminals business. The role requires a deep understanding of product lifecycle management, after market services, and portfolio strategy.
Location: Pune, India
Work Schedule: Normal office hours (internal note - this being a global role, expect flexible work timings to collaborate with teams across the globe)
Ideal Candidate
Proven experience in managing product lifecycles, aftermarket services and driving portfolio performance.
Excellent product management skills, with experience in leading and executing innovation projects.
Good domain knowledge and understanding of oil and gas terminals segment.
Good product knowledge on custody transfer and inventory management solutions
Strong analytical and strategic thinking skills, with the ability to interpret market data and translate it into actionable strategies.
Strong leadership abilities, with experience in delivering outcomes by influencing cross functional teams.
Key Responsibilities
Portfolio Management: Lead the management of the product portfolio, including performance tracking, analysis, and optimization. Develop and implement strategies to enhance portfolio value and drive business growth.
Strategic Planning: Collaborate with senior management to define and execute portfolio strategies. Contribute to long-term planning and strategic decision-making to grow services business with innovative service offerings.
Product Lifecycle Oversight: Oversee all stages of the product lifecycle to ensure effective management of product development, launches, and phase-outs.
Market Research: Conduct in-depth market research and competitive analysis to identify opportunities, threats, and customer needs. Use insights to inform product strategies and make data-driven decisions.
Cross-Functional Leadership: Work closely with R&D, marketing, sales, and supply chain teams to ensure alignment on product initiatives. Facilitate communication and coordination across departments to support successful product execution.
Project Management: Lead key portfolio projects, including new product launches, product enhancements, and market expansions. Ensure projects are completed on time, within scope, and on budget.
Performance Analysis: Monitor and report on key performance indicators (KPIs) for the portfolio. Analyze performance data to identify trends, issues, and opportunities for improvement.
Customer and Stakeholder Engagement: Engage with customers, partners, and other stakeholders to gather feedback, address issues, and build strong relationships. Utilize feedback to drive product improvements and ensure customer satisfaction.
Must Have
12 -15 years of experience in Oil and Gas industry
8-10 years of experience in product management or portfolio management, with a proven track record of managing complex portfolios.
Strong Innovation and growth mindset
Familiarity with product development processes
We Value
Bachelor’s degree in engineering
Strong thoughtfulness and problem-solving skills
Excellent communication and collaboration skills
Understanding of after-market services business model
Digitalization skills to solve complex problems
Ability to work effectively in a team environment
Insight into pricing strategies and performance-driven thoughtfulness
WE VALUE
Position Overview
The Sr Portfolio Product Specialist is a key role responsible for managing and optimizing the product portfolio to ensure alignment with strategic objectives and market demands. This senior-level position involves leading innovation projects, providing strategic insights, and working cross-functionally to drive success of Oil and Gas Terminals business. The role requires a deep understanding of product lifecycle management, after market services, and portfolio strategy.
Location: Pune, India
Work Schedule: Normal office hours (internal note - this being a global role, expect flexible work timings to collaborate with teams across the globe)
Ideal Candidate
Proven experience in managing product lifecycles, aftermarket services and driving portfolio performance.
Excellent product management skills, with experience in leading and executing innovation projects.
Good domain knowledge and understanding of oil and gas terminals segment.
Good product knowledge on custody transfer and inventory management solutions
Strong analytical and strategic thinking skills, with the ability to interpret market data and translate it into actionable strategies.
Strong leadership abilities, with experience in delivering outcomes by influencing cross functional teams.
Key Responsibilities
Portfolio Management: Lead the management of the product portfolio, including performance tracking, analysis, and optimization. Develop and implement strategies to enhance portfolio value and drive business growth.
Strategic Planning: Collaborate with senior management to define and execute portfolio strategies. Contribute to long-term planning and strategic decision-making to grow services business with innovative service offerings.
Product Lifecycle Oversight: Oversee all stages of the product lifecycle to ensure effective management of product development, launches, and phase-outs.
Market Research: Conduct in-depth market research and competitive analysis to identify opportunities, threats, and customer needs. Use insights to inform product strategies and make data-driven decisions.
Cross-Functional Leadership: Work closely with R&D, marketing, sales, and supply chain teams to ensure alignment on product initiatives. Facilitate communication and coordination across departments to support successful product execution.
Project Management: Lead key portfolio projects, including new product launches, product enhancements, and market expansions. Ensure projects are completed on time, within scope, and on budget.
Performance Analysis: Monitor and report on key performance indicators (KPIs) for the portfolio. Analyze performance data to identify trends, issues, and opportunities for improvement.
Customer and Stakeholder Engagement: Engage with customers, partners, and other stakeholders to gather feedback, address issues, and build strong relationships. Utilize feedback to drive product improvements and ensure customer satisfaction.
Must Have
12 -15 years of experience in Oil and Gas industry
8-10 years of experience in product management or portfolio management, with a proven track record of managing complex portfolios.
Strong Innovation and growth mindset
Familiarity with product development processes
We Value
Bachelor’s degree in engineering
Strong thoughtfulness and problem-solving skills
Excellent communication and collaboration skills
Understanding of after-market services business model
Digitalization skills to solve complex problems
Ability to work effectively in a team environment
Insight into pricing strategies and performance-driven thoughtfulness
WE VALUE
- Work independently decisions within degree of authority
- Proven track record of leading projects / product launches
- Industry and product experience
- Product management & marketing skills
- Ability to motivate and influence team members
- Process/systems orientated
- Analytical thinking and decision making
- Proven STRAP implementation
- Articulation of how product meets customer needs
- JOB ID: req486485
- Category: Business Management
- Location: 56 & 57 Hadapsar Industrial Estate,Pune,MAHARASHTRA,411013,India
- Exempt
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