Job Details
The Senior Portfolio Manager (Orthopaedic Instruments)
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What you will do:
- Gather and collate competitive information to drive insights
- Anticipate the needs of customers and patients and create a superior value proposition
- Obtain insights by leveraging key opinion leaders
- Understand customers and optimize the value proposition
- Analyze the validity and reliability of market research results. Understand statistical significance and basic hypothesis testing.
- Effectively use and interpret qualitative and quantitative research
- Utilize market research and third-party data to identify key industry trends
- Collaborate cross-departmentally to lead the new product development (NPDP) process
- Understand the new product development process and its effect on the business
- Build a financial business case model to support new product development funding and product return on investment
- Responsible for delivering the business objective, marketing objective, and leading the discovery process for the pre-commercialization plan
- Leverage core competencies and the strategic assets of the organization to maximize new product development and launch planning
- Partner with Clinical Affairs to propose research objectives for evidence generation (Clinical studies, research papers, etc.)
- Partner with Product Marketing to develop a publication and messaging strategy that aligns with clinical evidence
- Understand the costs of acquiring new customers vs. retaining current customers
- Understand how to target customers based on total market potential and opportunity
- Understand potential sources of new volume within the current customer segment or outside of the current segment, and the financial tradeoffs for pursuing each
- Lead the development of sales tools and channel communication.
- Understand and predict sales trends in the market
- Research key factors, measurements, and variables used in forecasting
- Execute a product lifecycle management (PLM) plan as it relates to the overall business and launch strategy
- Develop contingency plans in the event of a supply chain interruption
- Create and communicate a value proposition
- Develop pricing consistent with the Marketing Strategy and brand positioning
- Develop new marketing channels and tools
- Define performance criteria used for evaluating business trends and activities
What you need (Required):
- Bachelor’s degree required
- 6+ years of work experience required
Preferred Qualifications (Strongly desired):
- MBA preferred
- 3+ years of medical device or marketing experience strongly preferred
- Excellent presentation and interpersonal communication skills
- Strong analytical and problem-solving skills
- Ability to manage multiple projects while delivering on established timelines
- Ability to be persuasive in the absence of organizational authority
- Must be able to understand and work within complex interdivisional procedures and policies
- Demonstrated proficiency in Microsoft Office (Excel, Word & PowerPoint)
Company Details
Stryker
Kalamazoo, MI, United States
Stryker is a global leader in medical technologies and, together with our customers, we are driven to make healthcare better. We offer innovative... Read more