[Hiring] Product Manager, Portfolio Optimization @030385b6-b9d3-4793-bd14-f4571196a104

Role Description

The Product Manager, Portfolio Optimization is accountable for maximizing the performance of the in-market products within the assigned sales channel. This role focuses on optimizing channel assortment, pricing, inventory health, and lifecycle management to drive revenue, margin, and operational efficiency.

• Leverage data-driven insights to identify opportunities and address underperforming items.
• Execute portfolio actions and continuously improve product performance and customer experience.
• Serve as the cross-functional lead to keep the portfolio competitive, streamlined, and financially strong.

Qualifications

• 3-5 years of product management, category management, portfolio management, or business management experience.
• Bachelor’s degree required in Business, Marketing, Engineering, Healthcare, or related field.
• Medical device or healthcare industry experience preferred.
• Experience managing in-market product portfolios preferred.
• Strong experience with performance analytics, pricing strategy, and margin management.
• Experience leading cross-functional initiatives and operational execution.
• Advanced degree preferred.

Requirements

• Monitor sales, margin, and portfolio performance across categories, customers, and channels.
• Analyze business trends to generate actionable insights and recommend clear action plans.
• Lead monthly and quarterly business reviews, identifying risks and opportunities.
• Manage the full in-market lifecycle including optimization, SKU rationalization, product transitions, and end-of-life planning.
• Identify mature or declining products that require a defined strategy to reinvigorate performance.
• Maintain a healthy, streamlined assortment aligned to channel and customer needs.
• Ensure clear transition plans for discontinued or replaced products.
• Own pricing oversight and strategy, ensuring alignment with margin targets, competitive positioning, cost changes, and market dynamics.
• Identify and execute cost-down and value engineering initiatives to improve profitability.
• Support ongoing business needs for in-market products, including website content updates and accuracy.
• Ensure responsiveness and timely resolution of cross-functional issues.
• Lead execution of portfolio actions across teams, including promotions, SPIFs, and demand-driving initiatives.
• Manage excess and slow-moving inventory in partnership with sales, operations, and finance.
• Leverage customer, sales, quality, and operational feedback to identify issues and prioritize actions for improvement.

Benefits

• Competitive Benefits
• Paid Time Off
• Incentive Plan
• 401(k) Savings Plan

Company Description

Drive Medical has become a leading manufacturer of medical products with a strong and consistent track record of growth achieved both organically and through acquisitions. Our products are sold in the homecare, long-term care, retail, and e-commerce channels in more than 100 countries around the world.