Associate Product Portfolio and Innovation Analyst

Lamb Weston • Richland, WA

3d • Onsite

About The Position

Aid in Innovation Pipeline, Product Portfolio Health and Product Life Cycle Management efforts to maximize revenues and realize profitable growth. This role supports innovation pipeline management, product portfolio health assessment, and product life cycle management efforts to maximize revenue and profitable growth. The analyst will analyze product performance data to identify trends, risks, and opportunities, recommending actions to improve portfolio health. They will also conduct in-depth new product introduction (NPI) retrospectives and performance benchmarking, and develop data-driven product discontinuation recommendations while supporting execution tracking and reporting. The role involves utilizing metrics and data visualization to report on innovation pipeline and portfolio performance, preparing and presenting portfolio reviews for S&OP Step 1, and organizing/documenting Innovation Funnel calls. Additionally, the analyst will collaborate cross-functionally with Category, Insights, and Marketing teams, build a deep understanding of product attributes and specifications, and research best practices in product portfolio management. The role also includes serving as Data Custodian for key Material Master data elements, partnering with stakeholders to maintain and enhance Cloud Coach functionality, providing day-to-day support for Innovation PMO technologies, and developing training materials for Innovation PMO users.

Requirements

• Bachelor’s degree in economics, marketing, finance or related field.
• Excel proficiency required.

Nice To Haves

• 2 years' experience preferred.
• Power BI experience preferred.
• Cloud Coach or Salesforce experience preferred.
• Experience in project and product management preferred.

Responsibilities

• Support innovation pipeline management, product portfolio health assessment, and product life cycle management efforts to maximize revenue and profitable growth.
• Analyze product performance data to identify trends, risks, and opportunities, recommending actions to improve portfolio health.
• Conduct in-depth new product introduction (NPI) retrospectives and performance benchmarking.
• Develop data-driven product discontinuation recommendations and support execution tracking and reporting.
• Utilize metrics and data visualization to report on innovation pipeline and portfolio performance, enabling transparency and informed decision-making.
• Prepare and present portfolio reviews for S&OP Step 1, synthesizing insights.
• Organize and document Innovation Funnel calls, ensuring clarity on decisions, actions, and next steps.
• Work cross-functionally with Category, Insights, and Marketing teams to ensure balanced perspectives and actionable recommendations.
• Build deep understanding of product attributes and specifications to support effective portfolio optimization.
• Research and assess product portfolio management best practices across the food and beverage industry, applying relevant learnings to drive continuous improvement.
• Serve as Data Custodian for key Material Master data elements, ensuring accuracy, consistency, and governance.
• Partner with business and technical stakeholders to maintain and enhance Cloud Coach functionality aligned to project management needs and reporting requirements.
• Provide day-to-day support for Innovation PMO technologies, dashboards, and reporting.
• Develop training materials, end-user training strategies, and ongoing support for Innovation PMO users.

Benefits

• Health Insurance Benefits - Medical, Dental, Vision
• Flexible Spending Accounts for Health and Dependent Care, and Health Reimbursement Accounts
• Well-being programs including companywide events and a wellness incentive program
• Paid Time Off
• Financial Wellness – Industry leading 401(k) plan with generous company contributions, Financial Planning Services, Employee Stock purchase program, and Health Savings Accounts, Life and Accident insurance
• Family-Friendly Employee events
• Employee Assistance Program services – mental health and other concierge type services

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level