Associate Product Manager, Laboratory Chemicals Division at Thermo Fisher Scientific

Paramus, New Jersey, United States

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Laboratory Chemicals, Life Sciences, Scientific ReagentsIndustries

Requirements

  • Bachelor's degree in Biology, Chemistry, Biochemistry, or a comparable subject area
  • Minimum of 3 years of industry or other relevant market experience, preferably in portfolio or supplier management
  • Sales, marketing, or other commercial functional knowledge preferred
  • Basic understanding of financial data and reporting methodologies
  • Excellent interpersonal and problem-solving skills
  • Effective communication and presentation abilities (Excel and PowerPoint proficiency)
  • Self-motivated with a track record in accomplishing both short- and long-term plans
  • Capability to cultivate and uphold robust working connections across functions
  • Strong proficiency in multi-tasking with outstanding organization and time-management skills
  • Strong skills with Microsoft Office applications and ability to quickly learn/adapt to new efficiency tools
  • Ability to travel up to 15%, including occasional international travel
  • Adhere to the Code of Business Conduct and Ethics and uphold values of Integrity, Intensity, Innovation, and Involvement
  • Embrace and participate in PPI initiatives to identify improvements and cost savings

Responsibilities

  • Day-to-day management of products and maintain cross-functional relationships with internal departments including Sales, Marketing, R&D/Product Development, and Supply Chain
  • Responsible for revenue, margin, customer happiness, and market share objectives
  • Stay connected with field teams (sales, tech support) through training and hands-on involvement in sales, customer visits, pricing, and support
  • Drive successful introductions through setting requirements, development, and commercialization processes
  • Influence and guide the implementation of SiOP and demand forecasting at the business unit level
  • Support overall customer happiness levels, product reliability, inventory management, and attainment of financial goals
  • Assist in owning the extensive product range, guiding global portfolio strategies, developing creative solutions for customer challenges, and leading innovative product development
  • Lead all aspects of daily operations to drive growth and profitability
  • Embody 4i values (Integrity, Intensity, Innovation, Involvement) in customer interactions and set a positive example for others
  • Support product management life cycle and multi-generational product plan for chemical products

Skills

Product Management
Portfolio Management
Cross-Functional Collaboration
Sales Training
Demand Forecasting
SiOP
Product Development
Commercialization
Pricing Strategy
Market Analysis
Revenue Management
Supply Chain

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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