Product Manager
The Product Manager position is a mixture of downstream and upstream marketing with balanced focus on new product development and initiatives centered on marketing & sales strategies and execution. Success in this role will be achieved through effective implementation in areas such as : Marketing Strategy Development, Execution & Program Management; Product Planning; Market Research and New Product Development; Leadership, Employee Development & Team Building.
This position will be based in Eden Prairie, MN with the option to work hybrid schedule after 60 days. 25% Domestic and International travel required.
What you will do as a Product Manager :
Marketing Strategy Development, Execution & Program Management
- Work closely with the commercial team to increase product penetration & utilization through the development of tools and programs that provide a seamless approach to selling value
- Collaboratively identify issues, opportunities and associated strategies within assigned procedural areas through frequent conversations and interactions with Customers, sales leadership and account managers
- Drive content and participate in sales meetings, national & regional conferences and events
- Communicate with field representatives to assure awareness of product changes, pricing changes, new sales tools, corrective measures, etc.
- Exhibit a strong sense of urgency for executing strategic plans and achieving product revenue goals
Leadership & Team Building
Create and drive short and long term product / procedural planning process within assigned product areas to achieve corporate goals.Collaborate with cross functional team members to identify solutions based on data, building excitement and consensus specific to assigned product / procedural area to drive projects forward.Planning
Collaborate with sales and marketing leadership on the development / execution of action plans and new product launches including : forecasting and financial planning / business case development; market potential / opportunity and target share; value proposition creation; competitive analysis and market trends; market pricing; product life cycle planning; product training.Identify, establish and maintain productive relationships with Key Opinion Leaders (KOLs) and Key Accounts (KAs) in the medical community and primarily related to product areas of focusMarket Research & New Product Development
Provide strong leadership in all phases of the Stage Gate process including VOC supporting recommendations for NPD based on data and research.Support cross-functional new product development teams with market objectives when completing documentation (PRD, IOS, Labeling, etc.), feasibility testing, and risk analysis for new products and line extensionsActively participate in product testing with Customers to determine if product meets market needsDrive planning for new product launches including forecasting, sales collateral, equipment evaluation requirements, pricing guidelines, and product training.Review industry publications and practices to ensure products meet Customer needs and industry guidelines.The Experience, Skills and Abilities Needed :
Required
BA or BS degree in Marketing, Communications or Technical field.5+ years of relevant business experience.5+ years of experience in Marketing.Ability to travel up to 25% Domestically & Internationally.Valid driver's license.Must be able to be compliant with hospital / customer credentialing requirements.Preferred
MBA preferred.Medical device product marketing experience.Skills
Excellent verbal, written and interpersonal skills.Demonstrated effective planning, organizational, and project management skills.Fluent in Microsoft Office Applications.What STERIS Offers :
We value our employees and are committed to providing a comprehensive benefits package that supports your health, well-being and financial future. Here is a brief overview of what we offer :
Market Competitive PayExtensive Paid Time Off and (9) added HolidaysExcellent Healthcare, Dental and Vision BenefitsLong / Short Term Disability Coverage401(k) with a company matchMaternity and Paternity LeaveAdditional add-on benefits / discounts for programs such as Pet InsuranceTuition Reimbursement and continued education programsExcellent opportunities for advancement in a stable long-term career