[Hiring] Global Product Manager @COLE-PARMER INSTRUMENT COMPANY

Role Description

The Global Product Manager for Molecular Diagnostics is accountable for creating and delivering the strategic plan for the product portfolio, improvement and implementation that delivers growth, profitability and share gain for the entire ZeptoMetrix portfolio. This role is responsible for managing the product portfolio, effectively ensuring a strong and competitive portfolio of products that outperforms competition and exceeds customer expectations. This role will leverage market and customer insights into enhancing and developing new and innovative products within the portfolio, as well as partnering with internal teams to ensure final product exceeds customer expectations. This role will also identify, sponsor, and facilitate appropriate regulatory positioning (labeling) for Molecular Diagnostic products and work closely with internal teams to fulfill documentation and registration requirements for both US domestic and international regulatory affairs.

Key Responsibilities

• P&L responsibility for maximizing global revenues, margins, and growth of assigned products by creating strong and innovative strategic plans for growth within the market.
• Drive revenue growth through overall product life cycle management including, but not limited to product line strategy and vision, product line road mapping, product line development in collaboration with Research & Development, Operations, Regulatory Affairs and Commercial teams.
• Implement appropriate programs to either internally develop, contract manufacture, license or source the appropriate products with the goal of driving revenue and profitability growth of the category portfolio.
• Drive product area efforts and coordinate with Corporate Development (M&A) and R&D/engineering to ensure the product roadmap achieves market-positioning as planned.
• Look for opportunities to anticipate and respond to market and customer needs by optimizing product portfolio across all possible markets, both existing and new.
• Develop strategies with Sales and Marketing to drive market share growth.
• Develop and implement appropriate and effective global pricing strategies with Pricing team to maximize profitability and margin.
• Partner with Supply Chain to support supplier consolidation and cost reduction initiatives.
• Execute competitive assessments and voice of customer/market research to gain market insights for competitive, differentiated product strategies.
• Gather and prepare all necessary product and technical information and content for the introduction of new products and ongoing product documentation, applications, and testimonials for all products to enable an exceptional customer experience, drive brand awareness and ensure customer loyalty.
• Decide upon and lead efforts around appropriate Regulatory positioning for both new and existing products in the portfolio.
• Perform other duties as assigned.

Qualifications

• Must possess a Bachelor’s Degree - B.A / B.S. with major/minor in sciences/business required – business, marketing, science, chemistry or engineering; MBA / Master’s Degree / Graduate degree a plus.
• Must have at least 5 years of progressive experience in product management / product development, marketing or program/project management within R&D (technical) or Marketing (business/administrative) domains.

Requirements

• Proven track record of commercial/program success within a product area.
• Prior commercial experience in a product management, sales, or marketing function.
• A technical background in life sciences (biology, biochemistry, chemistry) that includes an awareness of technology trends and the evolution diagnostics, especially molecular diagnostics, applications.
• Industry-related experience in healthcare or laboratory-based life science markets.
• Understanding of FDA and international regulated markets and how such regulations impact product design, labeling, manufacture, and testing.
• A high level of initiative, creativity, and work with little supervision.
• Ability to build strong executive and peer relationships.
• Ability to travel up to 25%, including some international.
• Willing to take calculated risks and to learn from mistakes.
• Demonstrated ability to successfully balance the achievement of short-term objectives with longer-term strategic goals.
• Must possess strong negotiation skills to independently negotiate and manage a relationship with external suppliers/management level personnel, representing company’s interests.
• Proficient in standard computer applications, with excellent skills in Excel, Word and PowerPoint.
• Thrives in a fast-paced, collaborative environment, efficiently works under pressure, within deadlines or other time essential constraints.
• Excellent communication skills, both written and verbal, to clearly and concisely communicate to all levels of the organization.
• Strong work ethic and an ability to excel within a rapidly changing and growing organization.

Benefits

• Salary Range: $120,000-$140,000, depending on location, experience, and qualifications.
• Annual-Incentive Plan (AIP): 10%.
• Benefits coverage begins day 1, including the following:
• Medical, Dental, Vision Insurance
• Disability Insurance
• Life Insurance
• 401(k) company match
• Paid Time Off (15 days annually)
• Paid Holiday time (10 company-designated days)
• Tuition Assistance
• Additional benefits available with company package
• This position has not been approved for Relocation Assistance.