Philips Product Manager in Cambridge, Massachusetts
If you are a Colorado resident and this role is a field-based or remote role, you may be eligible to receive additional information about the compensation and benefits for this role, which we will provide upon request. You may c ontact 888-367-7223, option 5, for assistance.
You are responsible for
Customer and Market Insights: Analyze the market, the competition, and trends on a global level across segment technologies to ensure the product portfolio is meeting the market’s needs and expectations. Develop and maintain needs-based customer segmentation requirements (across global markets and supported by Market Intelligence).
Translate in-depth market and customer insights, as well as competitive analyses into winning concepts and clear product specifications for the release train, in such a way that short-, mid-, and long-term sound business results can be achieved
Create Value Propositions based on customer personas and opportunity areas for lead markets
Guide and drive the development of new products from opportunity identification until product release, including cross-business solution development for our customers by meeting their needs, developing the optimal combination of performance and price in time for the defined market segment.
Collaborate with various disciplines including Philips Research, R&D departments, internal and external design agencies, manufacturing units or external suppliers, marketing management, marketing communication and market sales organizations.
Responsible for marketing activities for the products / solutions, including strategy definition and its enablers, as well as its alignment with key markets globally.
Develop and maintain Portfolio, Product, and Clinical claims roadmaps
Develop, update, and track product and solution Business Cases
Price setting and margin optimization
Channel Strategy for assigned product portfolio
Product demand forecasting
Compliance with Quality & Regulatory requirements (if applicable)
Responsible for lifecycle management and market readiness as part of PDLM. Ensure completion of appropriate deliverables (feature descriptions, value propositions, costing/pricing/quoting materials, etc.)
You are a part of
The Medical Consumables & Sensors business.
To succeed in this role, you should have the following skills and experience
Bachelor’s Degree in a relevant subject area (Business/Strategic marketing, Economics, etc). MBA preferred.
5+ years’ experience in an international business environment
Experience working in global matrix organizations
Experience in working in R&D heavy organizations
Conceptual thinking, organizational, and communication skills that allow you to influence and motivate others
Broad interest and ability to communicate with different ‘layers’ in the organization; build and maintain extensive networks and ‘connect the dots’
Highly entrepreneurial mindset and real aptitude for business that motivates and inspires your environment and creates momentum behind your ideas
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video.
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog. Once there, you can also learn about our recruitment process, or find answers to some of the frequently asked questions.
It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.
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