Fortive

Product Manager - BMS Portfolio

Fortive$70K — $117K *
US-AnywhereRemote in United States
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, Marketing, Engineering, or related field
  • 2-5 years of B2B experience with technical products
  • Understanding of product portfolio management fundamentals
  • Strong analytical and communication skills
  • Ability to informally lead cross functional teams

Responsibilities

  • Own tracking of market performance for product categories
  • Assist in identifying performance gaps and shape corrective actions
  • Collaborate with Sales for field insights and customer feedback
  • Coordinate with Operations and engineering for product health
  • Drive readiness of new product introductions and feature updates
  • Identify aging products and recommend actions
  • Monitor customer feedback and translate insights into recommendations

Benefits

  • Eligible for performance-based bonus
  • Opportunities for professional growth and development
  • Cross-functional collaboration experience
  • Engagement in innovative product lifecycle management
  • Involvement in impactful healthcare solutions
Full Job Description
We are seeking a Product Manager to support the performance of our portfolio of Biomedical test and measurement products across their lifecycle. Our products are critical to the maintenance and performance of medical devices in a healthcare setting. Join us in our mission to deliver trusted solutions to those who keep healthcare up and running, so they can focus on what matters most.

This role is focused on ensuring the market performance and health of a core portfolio of products -ensuring products are aligned to customer and market needs, competitively positioned, appropriately priced, and operationally supported. You will work cross-functionally to drive business performance, enable commercial product launches, and own the lifecycle management of the products you oversee.

Who You Are
  • Execution-focused product manager who ensures product performance in-market
  • A continuous learner and customer obsessed. Genuinely curious, focused on process improvements and both customer and business outcomes
  • A natural cross-functional collaborator working with Sales, Marketing, R&D, Operations, and Quality teams effectively
  • Responsive and adaptable, comfortable with taking decisions affecting the product portfolio you oversee.
  • Excited to take responsibility of the overall lifecycle of a group of product lines


Key Responsibilities Portfolio Execution & Performance Management
  • Own tracking of market performance of a few product categories including revenue, margin, and competitive landscape
  • Assist in identifying performance gaps and helping shape corrective actions
  • Collaborate with Sales to gather field insights, customer feedback, and win/loss information
  • Coordinate with Operations, engineering, and Program Management to maintain product health and business continuity
  • Provide structured feedback and roadmap ideas to Product Planning teams


Pricing & Positioning Execution
  • Maintain and update price performance data and global price lists, suggesting pricing decisions that align with market dynamics and performance targets.
  • Partner with Sales and Marketing on pricing/promo guidance, deal support, and value articulation
  • Collaborate with Marketing on value messaging, product information updates, and sales enablement materials


Product Launch Execution
  • Drive readiness of new product introduction (NPI) activities and feature updates in collaboration with other business functions
  • Contributes to NPI launch process improvements
  • Help ensure alignment and achievement of pro-forma sales and profitability targets
  • Coordinate training and enablement activities


End-of-Life (EOL) & Portfolio Maintenance
  • Identify aging or underperforming products and raise recommendations
  • Advocate for sustaining investment requirements of high performing products.
  • Coordinate execution of EOL plans with operations and sales functions.
  • Work with Operations and Quality to ensure compliant phase-outs


Market & Customer Responsiveness
  • Monitor customer feedback and competitive activity
  • Translate insights into recommendations for pricing or product updates
  • Facilitate intake of customer and field feedback to influence portfolio decisions
  • Contribute to prioritization of sustaining improvements


Cross-Functional Coordination & Roadmap Input
  • Work with cross-functional teams to execute project priorities
  • Provide structured input to Product Planners for roadmap ideas
  • Contribute to feature prioritization discussions with data and insights
  • Ensure clear communication of product updates, changes, and expectations


Qualifications
  • Bachelor's degree in business, Marketing, Engineering, or related field
  • 2-5 years of relevant experience with technical products in a B2B environment
  • Understanding of product portfolio management fundamentals (pricing, positioning, lifecycle execution)
  • Strong analytical and communication skills
  • Ability to informally lead cross functional teams


Key Skills & Attributes
  • Ability to thrive within a matrix structure and lead through influence
  • Data-driven thinking, with judgment that grows through hands-on portfolio experience
  • Strong collaboration and communication skills
  • Adaptability to changing environments and shifting priorities
  • Continuous improvement mindset
  • What Success Looks Like
  • Effective ownership of portfolio performance metrics
  • Strong collaboration across commercial and operational functions
  • Contribution to successful product launches
  • Responsive handling of customer and market input
  • Provide insights from your portfolio to inform product roadmaps

Bonus or Equity
This position is also eligible for bonus as part of the total compensation package.

Pay Range
The salary range for this position (in local currency) is 70,600.00 - 117,900.00

About Fortive

Fortive is a diversified industrial growth company comprised of Professional Instrumentation and Industrial Technologies businesses that are recognized leaders in attractive markets. With 2019 revenues of $6.3 billion, Fortive's well-known brands hold leading positions in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution. Fortive is headquartered in Everett, Washington and employs a team of more than 17,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 50 countries around the world.
Learn more about Fortive
Size
18,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$1.6 billion
Founded
2016
5 Year Trend
-0.5%
Revenue
$6.5 billion
NASDAQ

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