Product Manager, Principal

Arthrex•Pelican Bay, FL

3d•Onsite

About The Position

Plans, organizes, and controls an assigned product line from conceptual stages through product life cycles to optimize profit and meet marketing, financial, and corporate growth. Responsibilities include training and mentoring employees; defining and executing on product vision, managing the go-to-market strategy, leading cross-functional product development teams; addressing complaints and resolving problems related to the assigned product lines; analyze complex business cases to determine product viability; define strategic direction and KPIs; and perform gap analysis.

Requirements

Bachelor’s degree required
15 years related experience required (product management/sales/marketing/clinical)
Orthopedic experience required
Knowledge of surgical orthopedics.
Skilled in working with different functions and effectively coordinates their activities to achieve desired results.
Excellent listening skills, including the ability to identify and isolate customers concerns or objections, in addition to excellent written and oral communication skills.
Ability to work with cadaveric specimens is required.

Nice To Haves

Master's degree or equivalent preferred
Proven ability to travel for past positions preferred.

Responsibilities

Participates in overall product strategy, sales forecasting, market and product research and development requirements, development, and manufacturing coordination for new and emerging products.
Supervises day-to-day progress of product and conducts marketing analysis to develop product and competitive market definitions and analyze technical and financial product information.
Provides technical expertise and training to other departments in support of product development.
Collaborates with a wide variety of functional areas such as sales, engineering, marketing, quality, regulatory, manufacturing, and operations to develop and provide product definitions responsive to customer needs and market opportunities.
Coordinates and develops marketing, sales, engineering, and financial plans for product line.
Provides financial and technical justification for product selection, prioritization and definition.
Produces competitive analysis materials comparing product with its key competitors.
Identifies partnering opportunities for complementary third-party products to broaden company's product line.
Identifies market potential, establishes pricing and market strategies, estimates potential sales, introduces market, distribution/channel issues, and manages mature product through phase-out.
Defines promotional activities, publicizing the product through the press, sales force, and alternate distribution channels.
Plans, organizes, and coordinates assigned programs to ensure accomplishment of financial/budgetary goals and optimum allocation of resources.
Responsible for tracking product development through the development process from product concept, design, prototype to actual release by resolving issues that arise.
Drives and champions development requirements and ensures that project risk is minimized. Submits technical and financial reports and status updates to senior management, business unit managers, customer and project team personnel as required.
Determines the initial production quantities and twelve-month moving forecast.
Responsible for maintaining communication with the customer to maintain and control project scope as applies to defined design, budget, quality and schedule agreements.
Provide technical assistance with complex customer or sales force product-related issues as well as consulting services to streamline customer internal management processes.
Establishes operational and project objectives and assignments and delegates assignments to project team. Makes recommendations and coordinates the activities of project team personnel (engineering, manufacturing, procurement, marketing and quality) to ensure projects progress on schedule and within prescribed budget.
Confers with project staff to outline/negotiate work plans, assign duties and responsibilities, determine schedules and define scope of authority.
Reviews/analyzes status reports prepared by the project team personnel and modifies schedules and/or plans as required. Monitors financial activities to ensure team compliance to budget parameters.
Monitors program staff, providing technical support and direction.