Product Manager, Healthcare

Standard Textile Co., Inc.

• $88K — $105K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in Product Management, Business/Marketing Strategy, or Project Management
  • Advanced skills in Microsoft Excel; familiarity with Salesforce and Power BI is a plus
  • Strong communication skills with adaptability to fast-paced changes
  • Proven problem-solving abilities and enthusiasm for innovation

Responsibilities

  • Own product development projects from customer request to launch
  • Facilitate new product launches and manage end-of-life inventory recommendations
  • Coordinate product sampling, pricing guides, training, and marketing materials for sales teams
  • Maintain in-depth knowledge of technical specifications, product positioning, and supply chain factors
  • Initiate new product development by clearly communicating needs to teams and suppliers
  • Contribute to pricing strategy, SKU rationalization, and product roadmap
  • Conduct competitive research and benchmarking to inform product strategy

Benefits

  • Collaborative work environment with cross-functional teams
  • Opportunity to influence product development and strategy
  • Engagement with diverse departments including R&D, Marketing, and Sales
  • Chance to work on innovative projects that meet customer needs
  • Professional growth opportunities in a dynamic industry
Full Job Description
The Healthcare Product Manager will be responsible for facilitating new product development, understanding the capabilities of competitors & suppliers, and providing objective insights and recommendations for customers and sales teams. They will support the needs of the business by working with cross-functional teams, specifically R&D, Merchandising, Marketing, Sourcing and Sales, to develop products that will help the business defend core product lines, grow sales with new customers and/or markets, and expand presence within existing accounts/markets.

Key Responsibilities Include:

Product Management
  • Owns execution of product development projects from customer request to launch.
  • Facilitate new product launches and manage end-of-life inventory recommendations for major programs.
  • Coordinate new product launches, including new product sampling to external sales team, price guides, product training and marketing materials.
  • In-depth knowledge of technical product specifications, product positioning, margin analysis and supply chain factors (MOQs, FOB vs. LDP costing, lead times, inventory turns, outbound freight, etc.)
  • Initiate new product development, clearly communicating product needs to cross-functional team and suppliers.
  • Contributes to pricing strategy, SKU rationalization and product roadmap
  • Participate in sales consultant and customer interviews to identify unmet product needs.
  • Competitive research & benchmarking


Custom Product Project Management
  • Evaluates all non-stock product requests and oversees projects from inception to completion including sampling, testing, and organizing for final presentation of products.
  • Provide timely follow-up to sales forces by answering product questions.
  • Collaborate with internal departments to ensure that all incoming customer/sales requests are reviewed and resolved or passed to the appropriate group.
  • Overall setup of new item numbers and review and approval of product specifications. Continuously manage and maintain product components to ensure accuracy.


Qualifications include:
  • 3+ years experience with Product, Business/Marketing Strategy, Project Management preferred
  • Advanced Microsoft Excel skills required, Salesforce and Power BI preferred
  • Must have excellent communication skills and the ability to adapt to change in a fast-paced environment
  • Excellent problem-solving skills and enthusiastic about new ideas


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