HOHoneywell
Sr Portfolio Product Specialist
Pune ₹12-15 LPA Posted 7 May 2025
FULL TIME
Competitive Analysis
Product Life Cycle Management
Supply Chain
STRAP
Analytical
+1 more
Job Description
- The Sr Portfolio Product Specialist is a senior role responsible for managing and optimizing the product portfolio to ensure alignment with strategic objectives and market demands.
- This role involves leading innovation projects, providing strategic insights, and working cross-functionally to drive the success of Oil and Gas Terminals business.
- The candidate should have a deep understanding of product lifecycle management, aftermarket services, and portfolio strategy.
Ideal Candidate:
- Proven experience in managing product lifecycles and aftermarket services.
- Strong ability to drive portfolio performance and optimize value.
- Excellent product management skills, with a history of leading and executing innovation projects.
- Good domain knowledge and understanding of oil and gas terminals segment.
- Familiarity with 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.
- Demonstrated leadership abilities, with experience influencing cross-functional teams to deliver outcomes.
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 the 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.
- Use feedback to drive product improvements and ensure customer satisfaction.
Must Have:
- 12 - 15 years of experience in the 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 (preferred).
- Strong problem-solving and analytical thinking 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.
Additional Valued Skills:
- Ability to work independently and make decisions within the degree of authority.
- Proven track record of leading projects and product launches.
- Industry and product experience.
- Strong product management and marketing skills.
- Ability to motivate and influence team members.
- Process and systems-oriented approach.
- Analytical thinking and decision-making capabilities.
- Proven experience with STRAP implementation.
- Ability to articulate how products meet customer needs.
