Director, Portfolio Management

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Avantor

10,000+ employees

Founded 1904

🔬 Science

🧬 Biotechnology

⚕️ Healthcare Insurance

Science • Biotechnology • Healthcare Insurance

Avantor is a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. The company collaborates with scientists around the world to enable breakthroughs in medicine, healthcare, and technology. Avantor offers a proven portfolio of trusted, quality brands used in research, development, and production activities across more than 300,000 customer locations in 180 countries. It focuses on supporting scientific journeys through reliable products, digital solutions, innovation, and manufacturing facilities. Avantor is committed to sustainability, advancing biopharma, and enhancing scientific collaboration with digital technologies.

📋 Description

• Define and execute portfolio strategies to drive sustainable growth, market share expansion, and competitive differentiation. • Develop and execute multi‑year category strategies that optimize cost, quality, service, and risk. • Lead, mentor, and develop a high‑performing team of Portfolio Managers and Analysts. • Build and manage preferred supplier programs, including negotiation of pricing, service levels, and contract terms. • Provide strategic direction for portfolio expansion through new supplier and product introductions supplier partnerships, line extensions, and entry into new and adjacent markets. • Lead end-to-end portfolio lifecycle governance, including supplier onboarding, product rationalization, lifecycle optimization, pricing strategy, mix management and portfolio health management. • Establish and oversee financial and operational performance metrics, proactively identifying risks and opportunities to improve revenue, margin, inventory efficiency, and return on invested capital. • Translate market intelligence, customer insights, and emerging technology trends into clear portfolio priorities and actionable investment decisions. • Partner cross functionally with Commercial, Marketing, Operations, Regulatory, E-commerce and Supply Chain leaders to align portfolio strategy with enterprise objectives and execution plans. • Build and strengthen strategic supplier relationships to enhance innovation, cost competitiveness, supply continuity, and long-term value creation. • Lead portfolio profitability strategy across product groups, including margin improvement initiatives, cost structure optimization, and value based pricing approaches. • Support client‑facing activities such as business reviews, proposals, and solution design. • Collaborate and partner with VWR Brand portfolio team to ensure completeness and competitiveness of the line. • Assess competitive and supplier innovation pipelines to anticipate customer needs and inform future portfolio direction. • Direct supplier consolidation and portfolio optimization initiatives, ensuring disciplined change management and clear internal and external communication, and desired financial outcomes. • Represent the portfolio with senior leadership through executive level presentations on market dynamics, competitive positioning, customer segmentation, and strategic recommendations. • Maintain external market perspective through industry engagement, including participation in relevant trade shows and forums.

🎯 Requirements

• Bachelor’s degree required • Master’s degree in business, or equivalent experience preferred • A minimum of 8+ years of strategic marketing, product management, category management, sales or related experience required • Financial skills – to assess sales, profits, inventory investment, payment terms, return on sales, return on capital employed and EBITDA to improve financial performance • Communication skills – ability to communicate effectively with a diverse number of constituents including Senior Leadership, Suppliers, Internal Customers and External Customers • Exceptional analytical skills – ability to interpret information pertaining on sales reports, quality reports, purchasing reports in order to assess trends and address specific areas for opportunities for improvement.

🏖️ Benefits

• medical, dental, and vision coverage • wellness programs • health savings and flexible spending accounts • a 401(k) plan with company match • an employee stock purchase program • 11 paid holidays • accrue 18 PTO days annually • eligible for volunteer time off • 6 weeks of 100% paid parental leave

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