Senior Global Product Manager

Ventura Solutions LLCFranklin, MA, US

5 days ago

Job type

Permanent

Job description

Job Description

Our client is seeking a Senior Global Product Manager for Molecular Diagnostics who will be accountable for creating and delivering the new product pipeline for infectious disease and genetic testing. The role is responsible for managing the assigned product portfolio, delivering growth, profitability, and share gain for the assigned 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 the final product exceeds customer expectations. The Senior Global Product Manager will be responsible for driving growth by developing and implementing strategies to further expand the Clinical Lab market for both existing and new products.

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 & 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, timeline, and revenue targets 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 the 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. Demonstrate strong global market understanding and stay current on market direction and drivers through a variety of means, including but not limited to direct interactions with customers, outside suppliers, partners, and industry contacts.
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.
Partner closely with the commercial and customer service teams to develop and drive sales enablement strategies, programs, and resources to support both the internal sales team and global distribution channels.
Lead scientific marketing initiatives for assigned product areas and markets, including the development of expert speaker programs and publication strategies to deliver scientific content such as posters, papers, webinars, and articles in partnership with cross-functional teams.
Collaborate with global demand generation and customer experience teams to develop and execute strategies aimed at achieving revenue targets for the U.S. clinical lab market.
Performs 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 10 years of progressive experience in product management / product development, marketing, or program / project management within R&D (technical) or Marketing (business / administrative) domains; familiarity with products used in regulated environments, cold storage, or cold chain environments preferred.

Knowledge of molecular diagnostics, infectious disease, and genetic testing, laboratory products / applications, actual working laboratory or process / industrial experience, or understanding of customer requirements in laboratory or process / industrial products is considered / strongly preferred

Potential candidates should have relevant experience in the following areas :

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 of diagnostics, especially molecular diagnostics, applications

Industry-related experience in healthcare or laboratory-based life science markets, preferably in diagnostics & molecular control markets.

Understanding of FDA and international regulated markets and how such regulations impact product design, labeling, manufacturing, 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 the company's interests.

Proficient in standard computer applications, with excellent skills in Excel, Word, and PowerPoint. Must be able to obtain, manipulate, and analyze data and effectively collate and present information into reports or presentations.

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 with all levels of the organization

Strong work ethic and an ability to excel within a rapidly changing and growing organization

Location

Franklin, MA

Employment Type

Direct Hire

Compensation & Benefits

Salary Range : $125k-$135k, depending on location, experience, and qualifications.

Bonus eligible

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 the company package

About Ventura Solutions

Ventura Solutions is a reputable end-to-end medical device and combination product consulting, staffing, and training firm. With our deep industry expertise spanning medical devices and combination products, coupled with an outstanding talent pool, we stand out as the preferred option for a diverse array of projects. On the consulting side, we integrate seamlessly into your team and manage small to complex Statement of Work (SOW) projects. On the staffing side, we help source, screen, and onboard reputable employees to fill temporary, temp-to-permanent, and permanent job openings. We accelerate product development, keep products compliant, and help build great organizations. For more information, visit us at www.ventura-solutions.com.

Equal Opportunity Employer Minorities / Women / Veterans / Disabled

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Global Product Manager • Franklin, MA, US