Job Details
At Cardinal Health, we re developing the innovative products and services that make healthcare safer and more productive. Join a growing, global company genuinely committed to making a difference for our customers and communities.Major Rugby
is one of the largest, suppliers of generic prescription (Rx), over the counter (OTC) and vitamin, mineral and supplement (VMS) products. Offering products under both the Major and Rugby brands, two of the core private labels under the Cardinal Health umbrella, Major Rugby provides a robust product portfolio of over 1,000 SKUs. Over 60 years strong, the Major and Rugby brands combined play a significant role in reducing the cost of medication and ensuring quality care.The Sr. Product Manager, Pharmaceutical Product Development and Portfolio Management will need to be a subject matter expert in pharmaceutical product development - responsible for lifecycle management of current commercial/consumer portfolio of over the counter (OTCs), vitamins, minerals & supplements (VMS) and the prescription (Rx) portfolio of products. Additionally, this person will be responsible for pipeline development including researching and proposing new products based on the growth-based strategy of the organization.Location
- Fully remote (ideally targeting individuals in EST, based on geographical location of team members)ResponsibilitiesAssess current portfolio performance and work cross-functionally to achieve growth objectives for market share and op income growth.Identification of portfolio lifecycle enhancements/changes (new strengths, pack size, discontinuations etc.)Responsible for researching and identifying generic OTC, VMS and Rx (unit dose) product launch opportunities for both the commercial (Retail & Acute) and consumer markets (eCommerce) through analysis of industry, market, trends, competitors and customer needs assessment.Work cross-collaboratively with the sourcing and project management teams to identify and bring new products to launch.Responsible for development and ownership of the commercial & consumer Stage Gate form and presentation of recommended products to launch to a cross-functional team for approval.Work cross-collaboratively with marketing and sales to promote new products and base business as needed.Monitor category trends for new product innovation and make appropriate recommendations for changes to portfolio product line to increase profit margin.Analyze and report on product category growth trends, market share assessment for competitors within each category as it pertains to the overall portfolio.Competitive assessment including competitor new product launches, brand to generic launches and discontinuations etc.Stay updated on industry trends and market conditions and provide insight and recommendations to portfolio enhancements based on these findings.Leverage secondary market research and supporting analytics relating to competitive landscape, market structure, product mix and strategic forces within the respective categories to identify product portfolio opportunities and competitive threats.Work alongside marketing, sales, and sales operations teams to translate customer insights (VoC) into product strategies which drive category performance working closely within the stage gate process.Works cross-functionally to provide product support and input regarding various marketing and sales initiatives (i.e., sales promotion opportunities)Responds to internal and external customer queries regarding new product opportunities.QualificationsExperience researching, launching, and managing a portfolio of healthcare and/or pharmaceutical products highly preferred.Ideally targeting individuals with 8+ years of experience in related field (Pharmaceuticals).Experience with analyzing third-party data sources such as IQVIA, Neilsen etc. preferredExtensive data analytics experience including proficiencies in Excel and Alteryx preferred.What is expected of you and others at this levelStrong ability to influence and work collaboratively with the cross-functional teams (i.e., sourcing, inventory, sales, marketing, project management, artwork etc.)Serve as a product expert for commercial/consumer products, working with business stakeholders to build expert understanding of product functionality and its role in the broader offering, as well as how the product uniquely meets customer needs and is differentiated in the market.Accountable for gaining and driving cross functional support from all stakeholders (Leadership, sales, sourcing, inventory, project management, artwork, marketing etc.) involved in bringing products to market as well as the management of the portfolio.Identify and remain current on market trends. Determines product/service lifecycle implications and makes recommendations to maintain market competitiveness and to achieve sustainable economic success.Demonstrates strong financial acumen and logical decision making in the general business environment.Works effectively across cross-functional groups including but not limited to sourcing, inventory, marketing, operations, and sales, project management.Anticipated Pay Range
$119,800.00 - 171,100.00 USDBonus Eligible - Yes, 15% MIP annuallyBenefits: Ca rdinal Health offers a wide variety of benefits and programs to support health and well-being.Medical, dental and vision coveragePaid time off planHealth savings account (HSA)401k savings planAccess to wages before pay day with myFlexPayFlexible spending accounts (FSAs)Short- and long-term disability coverageWork-Life resourcesPaid parental leaveHealthy lifestyle programsApplication window anticipated to close: 03/16/2024
* if interested in opportunity, please submit application as soon as possible.Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.
Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.
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