Sol-Millennium Medical, an innovative global player in medical devices, is seeking a dynamic and strategic Regional Product Manager to lead our Medical Supplies product category within the region. As the Business Unit (BU) Leader, you will be responsible for driving gross profit performance, achieving growth targets over a 2-year period, and shaping the product portfolio and roadmap. Collaborating closely with upstream BU counterparts and regional sales teams, you will take ownership of planning, budgeting, pricing, and launch processes.
This Chicago based hybrid role will involve working closely with regional marketing leaders and cross-functional colleagues in Global Sourcing, Quality Assurance & Regulatory Affairs (QARA), supply chain, Operations, and Finance. Utilizing data and insights, you will make informed decisions on product strategies, portfolio management, pricing, distribution channels, promotion, and product roadmaps.
Responsibilities:
Lead product strategy, roadmaps and planning for Business Unit of medical supplies at Sol M.
Advocate for the customer on needs, solutions, and product improvements.
Monitor the competition and the competitive products development, keeping local marketing and sales team updated on the current market situation.
Develop and implement launch activities for new products, including ensuring all elements of the market mix are considered, along with Company defined launch processes.
Work closely with downstream regional and local marketing and sales teams to provide direction on positioning, pricing, and distribution tactics.
Collaborate with company regulatory teams and with regulatory agencies to address any issues.
Ensure constant feedback on activities progress.
Essential experience and qualifications:
Bachelor's degree
3+ years experience in marketing and product management in high volume disposable medical devices with specific exposure to the technical, commercial, competitive, and clinical issues associated with the BU's product portfolio.
Upstream and downstream product management with strategic focus on building product portfolio at planned cost of goods, capacity, and pricing requirements.
Demonstrated experience in building a multi-product category or group, including developing and launching new products.
Proven track record in successful product management, including establishing solid business relationships with internal and external partners, including third-party sources of supply.
Strong presentation and communication skills. Proficient software skills across all standard programs (Excel, Word and PowerPoint).
Multi-regional geographic experience in international markets.
The experience necessary to expand market access.
Essential qualities and behaviors:
Collaboration: Ability to lead and manage a cross-functional team, across multiple sites across borders and cultures.
Analytical: Applies logic and sound critical thinking to astutely evaluate presented materials, data or positions. Creates insightful and comprehensible reports. Devises or suggests pertinent improvements or corrections to processes, procedures or plans based on strong analytical findings.
Problem-Solving: Proactively implements fixes and changes as needed to keep small problems from becoming big problems. Devises workable solutions or consults with secondary resources to devise solutions.
Decision Making: Bases decisions on verified information, business acumen and informed intuition. Sought after for assistance in making decisions.
Communication: Able to communicate effectively and concisely to all levels of organizational hierarchy.