Portfolio Manager, NA Lab Consumables

Avantor•Radnor, PA

21d•$107,500 - $173,075

About The Position

The Portfolio Manager, Lab Consumables will be responsible for VWR supplier brand consumable product portfolio performance, development & execution of portfolio strategy, new product introductions and portfolio improvement projects. Avantor's Product & Portfolio Management vertical is a crucial part of this mix, enabling all our internal teams worldwide to grow beyond their limits.

Requirements

Bachelor's degree required.
Minimum of five (5) years of experience in a commercial, technical, portfolio, category or product management role within the laboratory products or life science products.
Experience of identifying and developing business growth opportunities towards the delivery of profitable growth.
Ability to communicate with all levels of the organization and at suppliers and customers, including executive management.
Demonstrated ability of working effectively in a global and cross-functional organization.
Ability to create and implement business plans and strategies.
Ability to understand and apply industry and product economics to portfolio plans.
Ability to assess sales, margin, inventory investment, payment terms, return on sales, return on capital employed and EBITDA to improve financial performance.
Demonstrated ability to handle multiple priorities and adapt to changing requirements.

Nice To Haves

Master´s degree or equivalent experience preferred.

Responsibilities

Responsibility for portfolio financial performance (revenue, GM and GM expansion).
Critical thinking and report-outs to support communication of performance to key business stakeholders.
Development of growth plans and new product pipeline for new Lab Consumables products backed by solid customer needs and market analytics data to support new product development.
Development of positioning and pricing strategy for existing and new Lab Consumables portfolios.
Responsibility for the development and commercialization of Lab Consumables new products. Responsibilities include business case development, ownership of product development, new product pricing, product onboarding, inventory strategy, go to market plan and coordination of training and market introduction activities.
Work closely with and provide support to key stakeholders in sales, marketing and operational functions to achieve growth targets for Lab Consumables products.
Work with strategic sourcing to develop and implement portfolio productivity and cost improvement initiatives to drive margin expansion.
Work with strategic sourcing to develop key strategic supplier strategies and relationships.
Responsibility for problem solving within portfolio using Avantor problem solving tools.

Benefits

medical coverage
dental coverage
vision coverage
wellness programs
health savings accounts
flexible spending accounts
401(k) plan with company match
employee stock purchase program
11 paid holidays
18 PTO days annually
volunteer time off
6 weeks of 100% paid parental leave (except in states that offer paid family leave)