Product Manager - Sarnova - Dublin, OH
Sarnova · Dublin, OH · 3 wk ago
HybridMarketingFull-time
Essential Duties And Responsibilities
- Establish themselves as a product category SME and trusted partner within the various business units and cross-functional teams.
- Develop and lead new product lines through line extensions, new categories, and/or new product development.
- Lead or co-lead voice of customer efforts to validate both new to market products as well as any changes to current product.
- Determine, develop and implement necessary education, creative, or clinical assets or benchmarking needed to successfully go to market in various customer markets.
- Develop relationships with new finished product suppliers & manage existing relationships.
- Follow structured negotiation processes to conduct supplier negotiations and contracting.
- Evaluate new sources, methods, and suppliers to ensure a reliable supply of finished products.
- Identify potential suppliers and onboard and develop new suppliers in line with corporate supplier strategies.
- Conduct global market research to identify potential new suppliers and products with the goal of identifying new and redundant sources of supply based on competitiveness, capability and business needs.
- Cultivate supplier partnerships, track KPI’s and goals and monitor scorecards to measure and evaluate vendor performance and collaborate with partners to ensure quality and performance.
- Complete Strategic Sourcing Events for assigned portfolios focusing on total value - includes but not limited to negotiating price, lead time, payment terms, rebates and delivery.
- Analyze global, regional & local market information to understand upstream cost drivers and the effect on market pricing, including supply and demand dynamics.
- Analyze and calculate costs of procurement and suggest methods to decrease expenditure.
- Perform cost and scenario analysis, and benchmarking.
- Partner with internal stakeholders & budget owners to develop and execute continuous improvement plan.
- Work closely with cross functional teams to identify suppliers for new product launches.
- Conduct Business Reviews to drive supplier performance & prioritization of business needs.
- Continually investigate & initiate sourcing and cost reduction opportunities to increase supply chain efficiencies, reduce risk and improve gross margins.
- Develop & negotiate applicable legal contracts using in-depth knowledge of standard commercial legal contract terms.
- Manage resolution of issues/concerns with suppliers, primarily as it relates to quality issues that may arise from inspection failures, production issues affecting delivery schedules, and pricing and invoice discrepancies.
Skills/Experience Required
- Previous product management, product development, and/or sourcing experience required.
- Medical Device experience is preferred.
- 3+ years' experience in mass market product development and management.
- Medical device, medical/clinical expertise or prior health care experience strongly desired.
- Familiarity with contracting language and experience in negotiating contracts with suppliers is desired.
- Understanding of new product launch and commercialization, with experience in product development and manufacturing processes desired.
- Excellent communication skills, both written and verbal, with demonstrated ability to effectively lead and influence at all levels, including high-level stakeholders and business leaders.
- Experience with large project planning and project management and the ability to lead project teams and collaborate with functions outside of the marketing team is desired.
- Proven ability to work successfully in a deadline driven environment with a sense of urgency.
- Microsoft Office Suite and CRM with strong Excel analytical skills and advanced PowerPoint capabilities.
- Bachelor’s degree in Business, Marketing, or related field. MBA preferred.
Organizational Impact
What you do each day matters. In this role you have the opportunity to influence the organizational strategy and direction from within a rapidly growing business unit.
Skills/Experience Preferred
- Medical Device experience preferred.
- Medical device, medical/clinical expertise or prior health care experience preferred.
- Familiarity with contracting language and experience in negotiating contracts with suppliers preferred.
- Understanding of new product launch and commercialization, with experience in product development and manufacturing processes preferred.
- Proven ability to work successfully in a deadline driven environment with a sense of urgency preferred.
Company Information
- Sarnova is an Equal Opportunity Employer.
- We offer a competitive salary, commensurate with experience, along with a comprehensive benefits package, including 401(k) Plan.
- EEO/M/F/Veterans/Disabled.
- Our mission is to be the best partner for those who save and improve patients’ lives.