Work ScheduleStandard (Mon-Fri)Environmental ConditionsOfficeJob DescriptionAs part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.Location/Division Specific InformationThis role is based in Sunnyvale, CA, home of our Ion Chromatography/Sample Preparation Business Unit within the Chromatography and Mass Spectrometry Division / Analytical Instrument Group.Discover Impactful Work:The Senior Product Manager will be accountable for the global strategic direction and vitality of new and existing instruments within the ion chromatography product portfolio. This includes overall responsibility and accountability for delivering on the product lines' revenue, profitability, and growth. They will be responsible and accountable for understanding customer needs, analyzing market conditions (working with marketing teams), defining features or functions, and managing product introduction and retirement. This role spans different activities from strategic to tactical and will serve as an interdisciplinary role between the R&D, operations, marketing, commercial organizations.A day in the Life:Product Revenue and Vitality Metrics
Expert understanding and control of profitability, margins, and lifecycle.
Responsible for product revenue, margin and vitality across assigned product lines.
Prepares business cases and financial models; manages the P&L for assigned product(s).
Analyzes, evaluates, and makes recommendations based on findings to drive and improve performance.
Motivates changes based on strategic shifts and internal and external factors in conjunction with leadership.
Portfolio Roadmap and STRAP Planning
Responsible for portfolio roadmap and strategy for assigned area of responsibility.
Influences STRAP process in partnership with marketing and business leaders.
Partners with business and functional experts to drive OEM strategy and opportunities within the business unit.
Proposes solutions for gaps in portfolio including potential partnership opportunities.
Collaborates on annual operating plan, marketing plan and strategic plan to achieve growth and financial objectives.
Product Life Cycle Management
Expertly manages lifecycle of a product (inception to retirement).
Reports and supports resolution of product quality and compliance issues.
Proactively drive operations team on planning and forecasting for the product line (Supply Chain Inventory Operations Planning) and ensures appropriate maintenance of Material Master (SAP and/or other business systems). Drives related process improvements.
Conducts gap analysis and makes recommendations for product improvements and rationalization.
R&D Roadmap and New Product Development and Introduction (NPDI)
Influences product strategy based on global market, competitor dynamics, and regional-specific variations.
Ensures alignment with business strategy and goals defined by the business leadership team.
Conducts/Leads Voice of the Customer and competitive research.
Creates product roadmap, establishes a business plan, and identifies market requirements definition (MRD).
Collaborates with Project Managers on the creation of the project plan for all deliverables, receive marketing design input, and outline service and support strategy.
Communicates with cross functional team members to ensure preparation for new product launches.
Monitors and ensures delivery of revenue of NPI per forecasted plan.
Contributes to and ensures compliance with established processes and guidelines.
Strategic Pricing
Accountable for the pricing strategy for assigned product line.
Recommends product positioning, packaging, and pricing strategy to produce the most substantial possible long-term market share.
Support of Product and Training
Contributes to product support strategy, ensuring positive customer experience.
Recommends how product will be serviced, expected response times, etc.
Responsible for completing tasks related to product support and training.
Contributes to plans to support customer loyalty and future sales.
Product Management Leadership
Serves as a subject matter expert, drives Product Management Excellence and supports development of junior colleagues.
Role models Thermo Fisher Scientific 4i values – Integrity, Intensity, Innovation, and Involvement and creates an environment that encourages others to demonstrate the 4ivalues.
Keys to Success:Education
Bachelor’s degree in the scientific or business field
Advanced degree highly desirable - MS, Ph.D., or MBA
Experience
10+ years of related experience required; prior Product Management experience preferred.
Knowledge, Skills, Abilities
Business Strategy and Financial Awareness
Ability to travel up to 30% - domestic & international
Analytical Reasoning (Market and Competitor Knowledge, Product Lifecycle Management, Customer Insights and Advocacy, Technical Knowledge and Execution)
Problem-Solving, Critical Thinking, Adaptability, Interpersonal Skills, Influential, Prioritization Capabilities
Strong written, interpersonal, and oral communication skills and preferred experience working cross-functionally across many areas and levels of an organization.
Strong commercial & keen business sense with a bias for execution
Ability to take projects from strategy to execution with great attention to detail and innovative thinking.
BenefitsAlong with a comprehensive benefits package, we provide a competitive salary, annual incentive plan bonus, and healthcare options for our employees. Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation!Compensation and BenefitsThe salary range estimated for this position based in California is $155,700.00–$207,900.00.This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:
A choice of national medical and dental plans, and a national vision plan, including health incentive programs
Employee assistance and family support programs, including commuter benefits and tuition reimbursement
At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount
For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewardsThermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.
