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Senior Product Manager-Lab
| Company | Medline |
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| Location | Northbrook, IL, USA |
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| Salary | $96200 – $144560 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior |
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Requirements
- Bachelor’s degree
- At least 4 years experience in marketing, sales, product management or clinical practice in the healthcare industry
- Experience negotiating with outside vendors and internal resources
- Experience collecting and analyzing financial data
- Willing to travel up to 50% of the time for business purposes (within state and out of state)
- Intermediate level skill in Microsoft Word
- Intermediate level skill in Microsoft PowerPoint
- Intermediate level skill in Microsoft Excel
Responsibilities
- Negotiate pricing with vendors for raw materials and finished goods
- Visit vendors to develop products and train personnel in all aspects of each product and usages
- Coordinate materials with vendors and develop finished custom items
- Provide coaching and training to product management team
- Service as a resource and provide project oversight
- Develop and implement comprehensive marketing plans and promotional programs for existing products
- Review monthly financial performance and determine contributing factors
- Offer solutions for detrimental sales or cost trends
- Prepare product forecasts to include revenue and expense expectations
- Analyze sales trends over time and impact of competitive strategies
- Support forecasts and budgets with appropriately detailed marketing plans
- Work with Manufacturing, Purchasing, and Engineering to reduce Cost of Goods
- Manage inventory by focusing on eliminating surplus and optimizing SKU count
- Develop and deliver training materials for internal stakeholders, sales forces and customers
- Create sales tools
- Conduct effective market research and translate that research into new products, product improvements, or line extensions
- Travel with sales force to support efforts to convert customers to purchase Medline products
- Provide timely follow up to sales forces by answering product questions via e-mail and phone
- Develop and mentor staff through on-boarding, open communication, training and development opportunities and performance management processes
- Build and maintain employee morale and motivation
- Ensure the team is appropriately staffed with required competencies
Preferred Qualifications
No preferred qualifications provided.
