Portfolio Manager, NA Lab Consumables
$107.5k - $173.08kVWR, part of Avantor
The Opportunity
At Avantor, people are the most important part of our success because they drive our global performance. That's why our Operations, Lab Services, Sales, and many other Avantor teams rely on our talent acquisition initiatives to attract, engage and hire the right talent. Avantor's Product & Portfolio Management vertical is a crucial part of this mix, enabling all our internal teams worldwide to grow beyond their limits.
The Portfolio Manager, Lab Consumables will be responsible for VWR supplier brand consumable product portfolio performance, development & execution of portfolio strategy, new product introductions and portfolio improvement projects.
What we're looking for:
- Education: Bachelor's degree required. Masters degree or equivalent experience preferred
- Experience: Minimum of five (5) years of experience in a commercial, technical, portfolio, category or product management role within the laboratory products or life science products
- Experience of identifying and developing business growth opportunities towards the delivery of profitable growth
Who you are:
- Communication Ability to communicate with all levels of the organization and at suppliers and customers, including executive management
- Team working - Demonstrated ability of working effectively in a global and cross-functional organization
- Critical thinking - Ability to create and implement business plans and strategies
- Economic and financial acumen - Ability to understand and apply industry and product economics to portfolio plans. Ability to assess sales, margin, inventory investment, payment terms, return on sales, return on capital employed and EBITDA to improve financial performance
- Agility and adaptability - Demonstrated ability to handle multiple priorities and adapt to changing requirements
How you will thrive and create an impact:
- Responsibility for portfolio financial performance (revenue, GM and GM expansion). Critical thinking and report-outs to support communication of performance to key business stakeholders.
- Development of growth plans and new product pipeline for new Lab Consumables products backed by solid customer needs and market analytics data to support new product development
- Development of positioning and pricing strategy for existing and new Lab Consumables portfolios.
- Responsibility for the development and commercialization of Lab Consumables new products. Responsibilities include business case development, ownership of product development, new product pricing, product onboarding, inventory strategy, go to market plan and coordination of training and market introduction activities.
- Work closely with and provide support to key stakeholders in sales, marketing and operational functions to achieve growth targets for Lab Consumables products
- Work with strategic sourcing to develop and implement portfolio productivity and cost improvement initiatives to drive margin expansion.
- Work with strategic sourcing to develop key strategic supplier strategies and relationships.
- Responsibility for problem solving within portfolio using Avantor problem solving tools.
Pay Transparency:
$107,500.00 - $173,075.00
Actual pay may differ depending on relevant factors such as prior experience and geographic location.
EEO Statement:
We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.
Privacy Policy:
We will use the personal information that you have submitted to us in order to consider your application for the relevant role.
Your privacy is important to us. Please click here for our Privacy Policy which explains the purposes for which we will use your personal information and the ways in which we will handle and retain your information. It also explains the rights you have in relation to your information, and how to contact us with any queries or requests.
Avantor offers a comprehensive benefits package including medical, dental, and vision coverage, wellness programs, health savings and flexible spending accounts, a 401(k) plan with company match, and an employee stock purchase program. Employees also receive 11 paid holidays, accrue 18 PTO days annually, are eligible for volunteer time off and 6 weeks of 100% paid parental leave (except in states that offer paid family leave). These benefits may not apply to employees covered by a collective bargaining agreement or those subject to other eligibility rules.
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