Product Lifecycle Analyst

Job Description

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

The Product Lifecycle Analyst will work closely with the Director of Product Lifecycle Management to execute strategic initiatives that enhance performance of the OTC / CPG product portfolio, streamline offerings, and drive cross-functional alignment across sourcing, category management, and supply chain. This role is responsible for driving data-informed decisions throughout the entire product lifecycle – from initial introduction and market launch to ongoing maintenance and eventual retirement. By leveraging analytics, market trends, and cross-functional input, the analyst ensures that each product contributes positively to the business’s financial health and operational efficiency.

The analyst will support high-impact initiatives such as SKU rationalization, where the goal is to streamline the portfolio by eliminating underperforming or redundant items, thereby improving inventory turnover and reducing operational complexity. They will also play a key role in margin improvement efforts by identifying products with negative profitability and collaborating with sourcing and finance teams to renegotiate terms or recommend discontinuation.

The Product Lifecycle Analyst will play a critical role in lifecycle governance, KPI tracking, and cross-functional collaboration to help the OTC / CPG business unit deliver a leaner, more profitable, and customer-responsive portfolio that supports long-term growth and operational excellence.

Key Responsibilities

Lifecycle Strategy Execution : Manage the entire journey of OTC / CPG products—from launch to retirement—using data-driven insights and cross-functional collaboration. This includes assessing new products against clear success metrics, actively monitoring and optimizing existing SKUs, rationalizing the portfolio by driving the removal of underperforming items, and coordinating smooth product phase-outs. The analyst ensures decisions are aligned with business goals, improve margin and inventory efficiency, and support long-term portfolio health.

Active Portfolio Management : Drive the continuous evaluation of OTC / CPG product performance across key metrics such as sales velocity, margin contribution, inventory turnover, and customer satisfaction. The analyst identifies underperforming SKUs and recommends targeted interventions to the category management team. This responsibility also includes ensuring that portfolio decisions align with broader strategic initiatives such as Foster & Thrive and White Label programs, thereby maximizing vendor partnerships and delivering greater impact to customers.

Product Retirement : Strategically phase out OTC / CPG products with minimal disruption to customers and operations. The analyst manages inventory drawdown plans to ensure efficient depletion of stock, communicates retirement timelines to relevant stakeholders, and ensures that discontinued SKUs are accurately documented and removed from planning systems to maintain data integrity and operational clarity.

Governance and Documentation : Maintain accurate and up-to-date lifecycle status records for all SKUs within the OTC / CPG portfolio. The analyst supports governance processes that ensure lifecycle decisions are made transparently, consistently, and in alignment with broader business objectives, enabling clear communication and accountability across teams .

Minimum Requirement

Degree or equivalent and typically requires 4+ years of relevant experience.

Education

4-year degree in Business, Supply Chain, or related field; or equivalent experience

Critical Skills

Supply Chain Fundamentals : Knowledge of supply chain or distribution logistics, inventory management principles, operational impacts and the interconnectivity throughout the entire product lifecycle.

Analytical and Problem-Solving Skills : Strong ability to analyze large data sets, identify trends, quickly identify discrepancies between data sets and identify underlying drivers. Report findings while proposing solutions to drive greater accuracy.

Scenario Planning : Ability to model different “what-if” scenarios to understand potential outcomes and risks.

Collaboration : Excellent ability to work effectively across varying teams while facilitating discussions, leading debates, and garnering buy-in to align on product lifecycle decisions.

Technical Skills : Power BI and Microsoft Office (in particular MS Excel and Co-Pilot)

Working Conditions

Environment (Office, warehouse, etc.)

Traditional office environment.

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position

$85,400 - $142,400

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

Join us at McKesson!