Sr Product Manager

Thermo Fisher Scientific

Thermo Fisher Scientific

Product
Multiple locations
Posted on Tuesday, May 14, 2024

Work Schedule

Other

Environmental Conditions

Office

Job Description

As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that positively impacts a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer!

Our Single Use Flexibles Solutions Business Unit is part of our Single-Use Division. Our innovative single-use technologies enable customers to accelerate their biological manufacturing processes to build flexibility and operate more dynamically within their upstream and downstream workflows. We provide customers with configurable Bioprocess Containers (BPCs) and fluid transfer assemblies that help ensure manufacturing flexibility and mitigate risk of particulates.

The Senior Product Manager develops and implements global product strategies to accelerate the growth of our single use 2D Bioprocessing Containers line. This role also leads the product portfolio's day-to-day tactical aspects, supporting market analysis, planning, and commercial strategy. Key success metrics of this position are revenue growth, portfolio profitability, and new product introductions.

A Day in the Life:

  • Lead the life cycle of the existing product portfolio. Responsibilities include driving product line strategies, pricing /margin optimization, management across the customer value continuum, and customer intimacy efforts.
  • Own the revenue and margin targets, overcoming challenges and driving to the targeted forecast.
  • Develop, implement, and run new and/or existing products in a portfolio by creating and implementing product marketing plans, leading New Product Introduction (NPI) teams, and providing data related to competitors, the market, positioning, revenue and unit forecasting, and pricing strategies.
  • An effective performer will maintain close relationships with field organization (e.g., sales and technical support) through training and active participation in the sales process, including customer visits, participating with pricing tactics, and customer support.
  • Champion successful launches through requirements, development, and commercialization.
  • Understand and analyze market environment, including strengths, weaknesses, and product competition. Analyze, interpret, and report regularly to management regarding sales forecasts, product supply, and competition.
  • Serve as product champion and provide strategic direction for all product and portfolio-related projects to other Marketing, R&D, Operations, and Commercial groups.
  • Provide input to business unit annual strategic plan development, including STRAP and AOP.

Education:

  • Bachelor’s degree in a scientific field or business required.
  • MBA or equivalent experience is highly preferred.

Experience:

  • 6+ years experience of in life sciences industry, product management, or market development
  • Bioproduction or Life Sciences industry experience preferred.
  • Experience leading cross-functional teams in a highly matrixed organization and working directly with customers.
  • Strong leadership, project management and planning skills.
  • Experience working with customers, commercial teams and a diverse range of sales channels strongly preferred.

Knowledge, Skills, and Abilities

  • Shown ability to influence and lead convincingly, driving cross-functional teams to succeed in challenging and ambiguous situations.
  • Experienced working in a matrixed organization.
  • Must work well with others – inspires trust and open communication amongst team members and peers. Passionately shares Thermo Fisher Scientific’s 4i values.
  • Global mindset, excellent communication and presentation abilities, including strong active listening skills.
  • Results and proactive dedicated, the ability to think critically to overcome potential business hurdles to complete tasks.

We offer competitive remuneration, annual incentive plan bonus scheme, healthcare, company pension, and a range of employee benefits!

Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation.

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $143,000.00–$214,475.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs

  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement

  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy

  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

  • Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards