Product Manager, SUT
US - Massachusetts - Bedford, US - Massachusetts - Waltham, US - New York - Rochester, US - Utah - LoganUpdate time: October 26,2020
Job Description
When you’re part of the team at Thermo Fisher Scientific, you’ll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you’ll be supported in achieving your career goals.

Key Responsibilities:
  • Develop the positioning strategy of all products and services considering price, volume, share and profitability.
  • Responsible for defining regional promotional tools and sales tactics to increase revenue including product pricing with commercial teams.
  • Lead cross-functional new product development teams and all product management aspects associated with product definition, product development, pricing, market introduction, sales tools, and promotion plans.
  • Ensure assigned products are responsive to market needs, drive continuous improvements where needed to maintain and/or improve market penetration and share position.
  • Monitor and assess competitive products and programs and as a result develop and implement proactive strategies to strengthen the product line’s competitive edge.
  • Evaluate assigned products for obsolescence and communicate recommendations for cost effective product management.
  • Conduct market research and voice of customer (VOC) and validate data to drive decisions on development of product plans and identification of new opportunities.
  • Lead projects to evaluate and provide direction for growth opportunities that leverage market trends and needs for integrated solutions.
  • Lead all product management related activities and champion cross-functional activities to maximize overall product line performance including revenue growth, margin improvement, cost reduction, quality and delivery.
  • Establish product positioning recommendations and guidance in the development of strategic marketing plans and programs related to assigned products.
  • Analyze, interpret, and report out monthly management reports in regards to product sales activity to budget, programs, market and channel trends and competition
  • Conduct research and maintain relevant market data and competitive intelligence. Interpret product/market information via surveys, market/product analysis, focus groups and customer feedback.
  • Generating competitive product analyses to identify differentiators and inform development processes to aid in developing winning products. Synthesize conclusions from such research to communicate key findings to other key stakeholders and drive action.
  • Support the marketing communications team to develop appropriate collateral support including catalogs, launch kits, sales communications, instruction sheets, etc., for driving sales (web enabled).
Education and Experience Requirements
  • Minimum of a BS or BA with an MBA highly preferred.
  • 2 years specific experience w/ cell culture or bioprocessing products with 5 years’ overall experience in product planning and product life-cycle management including experience with stage-gate product development processes.
  • Ability to conduct financial analyses, develop financial models and interpret P&L statements as they relate to the product portfolio.
  • Experience in developing and launching new products.
  • Strong technical capabilities consistent with market segment and product category (equipment, software, consumables), experience in bioprocessing preferred.
  • Experience working with customers, commercial teams and varied sales channels such as Tier 1 and Tier 2 distributors and direct - strongly preferred
At Thermo Fisher Scientific, each one of our 75,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer.

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