Sr Manager, Product Management

2 weeks ago

Loughborough, United Kingdom Thermo Fisher Scientific Full time

Job Description

Great Opportunity to join and lead a great team

Position Summary:

The Senior Manager, Portfolio Management will closely work with the Director, Portfolio Management Equipment, Consumables and Safety, and the portfolio management leadership team to develop portfolio, category, and supplier strategies for the Equipment, Instruments, Lab Appliances and Services Portfolio. They lead and develop the Equipment Portfolio team in the management of the product categories and supplier relationships as well as developing processes and collaboration with multiple functions. They will also coordinate the overall Portfolio Expansion initiative from its definition, prioritization, and execution.

The Senior Manager, Portfolio Management will ensure the portfolio strategy is implemented by the key internal collaborators, including Technical Application Specialists (TAS), Segmented Commercial Field Sales, Digital Sales, Export Markets and Marketing teams. They will interact with Commercial, Marketing, Customer Services and Supply Chain Leadership.

Key responsibilities:

Be responsible for the engagement, performance, and development of the category team as a Role Model Leader.

Contribute to the development and complete a European portfolio/supplier strategy for the group of product categories they handle. This should encompass portfolio expansion and ensuring the Equipment Portfolio is best in market and well positioned for a great customer and colleague experience, growth and profitability.

Co-ordinate the category, Sourcing, Data, Sales, Marketing, Customer Services and Supply Chain collegues to deliver a strategy that drives the establishment of a consistent pan-European portfolio. Delivering maximum commercial advantages for the Fisher Scientific business and a consistent customer experience (product, price & service). This includes building a robust Private Label portfolio as appropriate for the category.

Continually assess product/market opportunities/gaps as they relate to the category. Be responsible for new supplier development activities that add new products and categories that will supplement the portfolio and drive profitable revenue growth. Ensure that new launches by their team are delivered in a consistent manner through use of standardized product launch packs using an agreed pan-European process.

Suggests and implement category business plans with a significant focus on growth. These include coordinating supplier initiatives in the field, coordinating new product launches and working with the marketing teams on promotional materials and other selling tools.

Ensure those agreed strategies are fully implemented and communicated with other functions (Sales, Marketing), such that they can complete them at a European/regional level.

Implement the STP (Supplier Tiering Program or successor) as it relates to their category. Externally, through preferential focus on preferred suppliers â meetings, securing promotional campaigns, joint sales engagement activities, etc. Internally, through championing preferred suppliers with Sales & Marketing colleagues that results in tangibly better performance than non-STP suppliers in the same category. 

Work closely with Sourcing on the (annual) negotiations with suppliers in their portfolio to secure the most effective position for the company regarding pricing, product delivery and supplier support for the products, without compromising the companyâs dedication to its customers. Such negotiations should ultimately be passionate about improving the profitability of the category and supplying to the overall functional performance.

Support operational improvement activities, through close working with the relevant functions, such as Compliance, Finance, Customer Service, and the Supply Chain function. These efforts should be centered on growing the customer experience, driving improvements to operational efficiency, and ensuring the activities of the category meet regulatory requirements. Where appropriate, these should be backed up through the inclusion of relevant terms in contractual and / or service level agreements with suppliers.

Minimum Requirements/Qualifications:

For this role an advance degree with a proven business track record in the EU laboratory market is preferred.

5+ years of laboratory related proven experience, preferably in a commercial or portfolio management role.

Commercial experience with direct supervisory and/or team leadership experience. Remote management skills, or team leadership across a multi-country environment is helpful.

Proven experience in complex project management and process improvement

Excellent interpersonal, customer centricity, problem solving, and can-do attitude.

Flexibility to address immediate priorities and still manage deadlines with longer-term projects and pivotal initiatives.

Non-Negotiable Hiring Criteria:

Fluent in English, additional European Languages would be highly appreciated.

Willingness to travel 30%, some international is expected.

Strong Time Management Skills with flexibility and a functional understanding of managing personal productivity.

Well-developed general business acumen with a thorough understanding of financial data and reporting methodologies, including common Key Performance Indicator metrics.

Proven experience in at least two (and preferably more) of the following areas:

Prior commercial experience in a portfolio management, sales, procurement merchandising or marketing organization.

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