Senior Product Manager - Fill Finish at Thermo Fisher Scientific

Waltham, Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, Pharmaceuticals, Life SciencesIndustries

Requirements

Bachelor’s degree in a scientific field or business required. MBA or equivalent experience highly preferred
6+ years experience in life sciences industry, product management, or market development
Bioproduction or Life Sciences industry experience required; downstream bioprocessing experience strongly preferred
Experience leading cross-functional teams in a highly matrixed organization and working directly with customers
Strong leadership, project management, and planning skills
Experience working with customers, commercial teams, and a diverse range of sales channels strongly preferred
Shown ability to influence and lead convincingly, driving cross-functional teams to succeed in challenging and ambiguous situations
Experienced working in a matrixed organization
Must work well with others – inspires trust and open communication amongst team members and peers

Responsibilities

Lead the life cycle of the existing product portfolio, including driving product line strategies, go-to-market execution, pricing, and customer intimacy efforts
Own the revenue and margin targets, overcoming challenges and driving to the targeted forecast
Develop, implement, and run new and/or existing products in a portfolio by creating and implementing product marketing plans, leading New Product Introduction (NPI) teams, and providing data related to competitors, the market, positioning, revenue and unit forecasting, and pricing strategies
Evaluate and craft financially sound business proposals for new products, services, and partnerships
Maintain close relationships with field organization (e.g., sales and technical support) through training and active participation in the sales process, including customer visits and support
Champion successful launches through requirements, development, and commercialization
Understand and analyze market environment, including strengths, weaknesses, and product competition
Analyze, interpret, and report regularly to management regarding sales forecasts, product supply, and competition
Serve as product champion and provide strategic direction for all product and portfolio-related projects to other Marketing, R&D, Operations, and Commercial groups
Provide input to business unit annual strategic plan development, including STRAP and AOP

Skills

Key technologies and capabilities for this role

Product StrategyMarket AnalysisCommercial StrategyPricingGo-to-MarketRevenue ManagementPortfolio ManagementProduct Lifecycle ManagementNew Product IntroductionCustomer EngagementBioprocessFill Finish

Questions & Answers

Common questions about this position

What is the work arrangement or location for this role?

This is a full-time position with a standard Monday-Friday schedule in an office environment.

What are the key responsibilities of the Senior Product Manager?

The role involves leading the product portfolio lifecycle, owning revenue and margin targets, developing product marketing plans, leading NPI teams, crafting business proposals, maintaining field relationships, championing launches, analyzing the market, and providing strategic direction.

What success metrics are used for this position?

Key success metrics include revenue growth, portfolio profitability, and market share expansion.

What is the company culture like at Thermo Fisher Scientific?

The company emphasizes meaningful work impacting customers globally, enabling career goals with resources, and advancing science to address challenges like environmental protection, food safety, and cancer cures, while fostering a collaborative team environment.

What makes a strong candidate for this Senior Product Manager role?

Strong candidates will have experience leading product lifecycles, driving revenue growth, developing marketing plans, leading cross-functional NPI teams, analyzing markets and competitors, and building relationships with sales and field teams.

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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