Senior Portfolio Manager, Proprietary Brands (Remote)

Company: Avantor
Location: Phoenix
Posted on: May 15, 2022

Job Description:

Job SummaryRecognized master in professional discipline. Design and develop product definition and solution plans to optimize the company's products and services portfolio. Applies broad knowledge of company's product/service capabilities and competitive environment to identify new growth areas, new technology and emerging product/service opportunities. Provide analysis and evaluation of key market statistics and customer requirements to define product strategies and identify product opportunities to expand market share. Evaluate in-depth market analysis and leads business case for optimization of existing products/solutions alternatives and/or to create the next generation of new products. Collaborate with research and development to create products and validate early product definitions. Selects, develops, and evaluates personnel to ensure the efficient operation of the function.POSITION PROFILE: (Basic Purpose of Position)Responsibility for Avantor proprietary brand product portfolio performance, development & execution of proprietary brand portfolio strategy, new product introductions and portfolio improvement projects.MAJOR JOB DUTIES AND RESPONSIBILITIES (List in order of importance)

• Responsibility for proprietary brand portfolio financial performance (revenue, GM and GM expansion). Develop metrics and report-outs to support communication of performance to key business stakeholders.
• Development of growth plans and new product pipeline for proprietary new products backed by solid customer needs and market analytics data to support new product development
• Development of positioning and pricing strategy for existing and new proprietary portfolios.
• Responsibility for the development and commercialization of proprietary new products. Responsibilities include business case development, ownership of product development, new product pricing, product onboarding, inventory strategy, go to market plan and coordination of training and market introduction activities.
• Work closely with and provide support to key stakeholders in sales, marketing and operational functions to achieve growth targets for proprietary products
• Work with strategic sourcing to develop and implement proprietary portfolio productivity and cost improvement initiatives to drive margin expansion.
• Work with strategic sourcing to develop key strategic supplier strategies and relationships.
• Responsibility for problem solving within portfolio using Avantor problem solving tools.QUALIFICATIONS (Education/Training, Experience and Certifications)
  • Minimum requirements of bachelor's degree, Masters degree or equivalent experience preferred
  • Minimum of five (5) years of experience in a commercial, technical, portfolio or product management role within the laboratory equipment & instruments or life science equipment & instruments field
  • Experience of identifying and developing business growth opportunities towards the delivery of profitable growthKNOWLEDGE SKILLS AND ABILITIES (Those necessary to perform the job competently)
    • Communication - Ability to communicate with all levels of the organization and at suppliers and customers, including executive management
    • Team working - Demonstrated ability of working effectively in a global and cross-functional organization
    • Strategic thinking - Ability to create and implement business plans and strategies
    • Economic and financial acumen - Ability to understand and apply industry and product economics to portfolio plans. Ability to assess sales, margin, inventory investment, payment terms, return on sales, return on capital employed and EBITDA to improve financial performance
    • Agility and adaptability - Demonstrated ability to handle multiple priorities and adapt to a changing requirementsENVIRONMENTAL WORKING CONDITIONS & PHYSICAL EFFORT (Under Typical Positions)Typically works in an office or home office environmentAbility to travel up to 40% of the timeWork assignments are diversified. Examples of past precedent are used to resolve work problems. New alternatives may be developed to resolve problems.DISCLAIMER:
      The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position.
      Avantor is proud to be an equal opportunity employer.EEO Statement:We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.For more information about equal employment opportunity protections, please view the Equal Employment Opportunity is THE LAW Poster, EEO is the Law Poster Supplement, and Pay Transparency Non-Discrimination Provision using the links below.3rd Party Non-Solicitation Policy:By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation.Colorado and New York Equal Pay Transparency:Avantor is committed to equitable compensation practices. The compensation range for this role is:$136,000.00 - $231,000.00Final compensation for this role will be determined by various factors such as minimum and preferred qualifications, knowledge, skills, abilities, education, experience and location.

Keywords: Avantor, Phoenix , Senior Portfolio Manager, Proprietary Brands (Remote), Executive , Phoenix, Arizona