Strategic Product Manager
$125k - $191.5kMerck Group
Work Your Magic with us! Start your next chapter and join MilliporeSigma.
Ready to explore, break barriers, and discover more? We know you've got big plans - so do we! Our colleagues across the globe love innovating with science and technology to enrich people's lives with our solutions in Healthcare, Life Science, and Electronics. Together, we dream big and are passionate about caring for our rich mix of people, customers, patients, and planet. That's why we are always looking for curious minds that see themselves imagining the unimaginable with us. This role does not offer sponsorship for work authorization. External applicants must be eligible to work in the US. Your Role: As Strategic Product/Portfolio Manager, you will lead growth-oriented business initiatives and cross-functional management of at least one BioReliance Biosafety Testing Services portfolio, while owning and driving innovation serving novel and emerging modalities such as mRNA and CRISPR gene editing. The ideal candidate will conduct market analysis, develop application and business cases, drive innovation processes, and support the execution of strategic initiatives and launches to enhance our market presence and improve the respective P&L. Key Responsibilities: Strategy Support & Execution:- As the owner of the overall P&L for your respective portfolio, you will develop and drive cross-functional initiatives to optimize pricing, cost, and value delivery, improving portfolio P&L and margins.
- Support the development of the marketing plan and ensure alignment with overall business strategies.
- Participate in annual processes such as Strategic Development (SD) and Operational Planning (OP).
- Conduct comprehensive market analysis and research to gather insights on trends, competition, and customer needs pertinent to the managed portfolio.
- Develop market-specific strategies and roadmaps for the respective franchise, including the innovation pipeline.
- Evaluate potential areas for collaboration from a marketing perspective, providing strategic guidance on new technologies.
- Facilitate alpha and beta testing and engage with early adopters to establish frameworks and specific characteristics for partnerships.
- Develop comprehensive application and business cases triggered by Product Development Processes (PDPs) to support portfolio development and innovation.
- Create business cases for substantial growth, cross-functional capacity expansion,or other strategic initiatives relevant to your portfolio.
- Play a key role in driving the innovation processes (PDP, TDP) to meet customer expectations and effectively position the portfolio in the market.
- Collaborate closely with cross-functional teams to align innovative ideas and ensure successful execution.
- Drive go-to-market (GTM) activities in partnership with marketing communications (Marcom) and scientific subject matter experts (SMEs), including webinars, collateral, flyers, and social media initiatives.
- Bachelor's degree in Business, Life Sciences, or a related field plus 5 years of direct and demonstrated experience in product management, portfolio management, or a marketing/commercial related role within the life sciences or biotechnology industry.
- Strong analytical skills and the ability to translate insights into actionable strategies.
- Excellent communication and collaboration skills, with a proven ability to work across cross-functional teams and business groups.
- Experience in driving product innovation and managing go-to-market activities and collaborative work environment.
- Ability to travel up to 20%, domestically and internationally
- PhD/Master's degree Business, Life Sciences, or a related field plus 3 years of direct and demonstrated experience in product management, portfolio management, or a marketing/commercial related role within the life sciences or biotechnology industry.
Pay Range for this position: $125,000 - $191,500 The offer range represents the anticipated low and high end of the base pay compensation for this position. The actual compensation offered will be determined by factors such as location, level of experience, education, skills, and other job-related factors. Position may be eligible for sales or performance-based bonuses. Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites. For more information click here . Direct link to benefits site if the hyperlink no longer works: What we offer: We are curious minds that come from a broad range of backgrounds, perspectives, and life experiences. We believe that this variety drives excellence and innovation, strengthening our ability to lead in science and technology. We are committed to creating access and opportunities for all to develop and grow at your own pace. Join us in building a culture of inclusion and belonging that impacts millions and empowers everyone to work their magic and champion human progress! Apply now and become a part of a team that is dedicated to Sparking Discovery and Elevating Humanity!
Vacancy posted 1 day ago
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