Product Manager

STERIS•Chicago, IL

21d•Hybrid

About The Position

At STERIS, we help our Customers create a healthier and safer world by providing innovative healthcare and life science product and service solutions around the globe. Position Summary The primary focus for the Product Manager position is to achieve or exceed revenue and profitability objectives for the assigned product or category. The position is a mixture of downstream and upstream marketing with balanced focus on new product development and initiatives centered on marketing & sales strategies and execution. This role can be located at one of the following STERIS locations: Mentor, OH or Vernon Hills, IL. Additionally, this role will require domestic travel estimated to be 40% along with some international travel expected.

Requirements

Bachelors degree required
5 years of experience in Product Management /Marketing required
Experience managing products from concept through lifecycle management including product trials, launches, and commercial initiatives
Experience managing broad product portfolios

Nice To Haves

MBA preferred
Medical device experience preferred but not required
Experience in regulated industries helpful
International business and marketing experience preferred
Strong project management skills
Ability to navigate and influence cross-functional stakeholders
Self-motivated and able to work independently with minimal supervision
Resourceful, persistent, and results-oriented
High energy, enthusiasm, and positive attitude
Comfortable driving decisions and moving projects forward
Strong relationship-building skills
Collaborative team player with sense of urgency
Thrives in a high-trust, fast-paced environment
Able to balance strategic thinking with tactical execution
Demonstrated effective strategy implementation, planning, organizational, and project management skills
Fluent in Microsoft Office Applications
Ability to effectively apply business acumen, including financial, market and industry trends, and market analytics
Demonstrated initiative

Responsibilities

Creates global marketing strategies and tactics with insight from Manager for the designated product line consistent with the business unit strategies and objectives and in support of achieving established revenue, margin, and market share goals and driving leadership positions in the market.
Collaborate with sales and marketing leadership on the development/execution of action plans and new product launches including forecasting and financial planning/business case development; market potential/opportunity and target share; value proposition creation; competitive analysis and market trends; market pricing; product life cycle planning; product training.
Develops detailed strategic road map for the development of product/business in alignment with strategic plan.
Creates the marketing plan and assesses strength and sustainability of the strategic choices for designated product line.
Utilizes detailed analysis techniques regarding market trends, segment sizes, growth opportunities, competitive landscape, feasibility, profitability, product/ positioning, Voice of the Customer, Customer insights, market environment, and other critical areas.
Collects data and evidence to develop strategies that strengthen value propositions.
Gathers insights across markets to determine similarities, develop archetypes.
Supports and communicates cross-functionally to gather critical information and/or navigate challenges, including Customers, R&D, sales, quality, regulatory, finance, operations, etc.
Leads the creation and development of product position.
Develops and establishes sustaining positioning for products/brands.
Recommends and develops tactical initiatives that leverage unique Customer segments and needs to establish a competitive advantage.
Prioritizes new product and lifecycle enhancements/management across products and markets that maximizes the value of the portfolio.
Delivers product to market through strategic marketing, communications, promotions, training, and other effective methods in support of achieving the value proposition and future brand/product growth and sustainability.
Drives strong two-way relationships with sales management that result in aligned marketing and sales planning and strategies.
Collaborates with marketing communications team for effective product collateral and promotional materials.
Collaborates with training specialists to develop training for sales and pertinent sales support staff.
Delivers sales training and/or Customer presentations.