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Thermo Fisher Scientific Product Manager in Waltham, Massachusetts

When you’re part of the team at Thermo Fisher Scientific, you’ll do important work, and you’ll be valued and recognized for your performance. With talented managers and inspiring coworkers to support you, you’ll find the resources and opportunities to make significant contributions to the world.

Location/Division Specific Information:

A part of the Laboratory Products Division at Thermo Fisher Scientific. The position is remote, with a preference for the employee to be located near Rochester, NY.

How will you make an impact?

This is a global position that enhances the value of the product portfolio with the development and implementation of new products, branding and channel management for Laboratory Plastic Essentials (LPE) Production & Diagnostics (PDx) business segment. You will be responsible for the execution of objectives and decisions for a specific market segment. You will also develop and execute marketing plans to meet or exceed revenue and margin goals; in addition to improving market share.

What will you do?

Product Life Cycle Management

  • Develop the positioning strategy of all products and services considering price, volume, share and profitability.

  • Responsible for defining promotional focus areas and strategy to increase revenue including product pricing with commercial teams.

  • Lead cross-functional new product development teams and all product management aspects associated with product definition, product development, pricing, market introduction, sales tools, and promotion plans.

  • Ensure assigned products are responsive to market needs, drive continuous improvements where needed to maintain and/or improve market penetration and share position.

  • Support training activities for the global market with product specific content/ knowledge, e.g. sales campaigns, webinars, conference presentations, etc.

  • Monitor and assess competitive products and programs and as a result develop and implement proactive strategies to strengthen the product line’s competitive edge.

  • Evaluate assigned products for obsolescence and communicate recommendations for cost effective product management.

Product Planning

  • Conduct market research and voice of customer (VOC) and validate data to drive decisions on development of product plans and identification of new opportunities.

  • Develop and execute long-range product strategies and guide fiscal planning for future positioning growth, and evolution of the product platform

Product Line Performance

  • Lead all product management related activities and champion cross-functional activities to maximize overall product line performance including revenue growth, margin improvement, cost reduction, quality and delivery.

  • Establish product positioning recommendations and guidance in the development of strategic marketing plans and programs related to assigned products.

  • Analyze, interpret, and report out monthly management reports in regards to product sales activity to budget, programs, market and channel trends and competition

Market Research and Competitive Intelligence

  • Conduct research and maintain relevant market data and competitive intelligence. Interpret product/market information via surveys, market/product analysis, focus groups and customer feedback.

  • Generating competitive product analyses to identify differentiation and inform development processes to aid in developing winning products.

  • Synthesize conclusions from such research to communicate key findings to other key stakeholders and drive action.

How will you get here?

Education

  • BS or MS degree in Biology, biochemistry, or related life science field with an MBA highly preferred.

Experience

  • Minimum of five years of work experience in a product management, project management, field applications and/or technical services in a biotech environment preferred

  • Experience in product planning and product life-cycle management including portfolio Planning, Market Research, Market Strategy, Value Based Pricing preferred

  • Experience in a Global Product Management role driving overall portfolio strategy preferred

  • Proven record of launching new products to market from concept through market launch preferred

  • Demonstrated excellence in new product development, working with R & D, Voice of the Customer, market research, etc. preferred

Knowledge, Skills and Abilities

  • Ability to conduct financial analyses, develop financial models and interpret P&L statements as they relate to the product portfolio.

  • Proven record of launching new products to market from concept through market launch preferred

  • Proven experience of developing and successful execution of Long-Range Plan Roadmap (3+ years) for consumables that includes development/optimization and launching consumables with instrument platforms preferred

  • Demonstrated excellence in new product development, working with R & D, Voice of the Customer, market research, etc. preferred

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $25 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics and therapies or increasing productivity in their laboratories, we are here to support them. Our global team of more than 75,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services and Patheon.

Apply today! http://jobs.thermofisher.com

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.

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