Product Manager, Portfolio Optimization

🔥 1 minute ago

🗽 New York, Washington – Remote

🗽 New York – Remote ☕ Washington – Remote

💵 $72k - $110k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

✅ Product Manager

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Drive DeVilbiss Healthcare

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 2000

🏭 Manufacturing

🏥 Healthcare

💰 Debt Financing on 2013-10

Manufacturing • Healthcare

Drive DeVilbiss Healthcare is a leading manufacturer of durable medical equipment, offering a comprehensive line of life-enhancing products focused on innovation, functionality, and value. The company provides specialized solutions for home healthcare, long-term care professionals, and healthcare retailers, aiming to enhance quality of life for users through their advanced medical technologies and support resources.

📋 Description

• Maximize the performance of in-market products within the assigned sales channel • Monitor sales, margin, and portfolio performance across categories, customers, and channels • Analyze business trends and recommend actionable plans • Lead monthly and quarterly business reviews, identifying risks and opportunities • Manage the full in-market lifecycle, including optimization, SKU rationalization, product transitions, and end-of-life planning • Identify mature or declining products and develop strategies to reinvigorate, reposition, or discontinue them • Maintain a healthy assortment aligned with channel and customer needs • Refine assortment, line architecture, and positioning to reduce overlap and improve competitiveness • Own pricing oversight and strategy in alignment with margin targets, competitive positioning, cost changes, and market dynamics • Partner with sales on pricing execution and customer-level strategies • Execute cost-down and value engineering initiatives to improve profitability • Partner with sourcing, engineering, and operations to reduce COGS without compromising quality or performance • Support website content updates, product questions, sales support, and quality issue resolution • Lead cross-functional execution of promotions, SPIFs, demand-driving initiatives, ECRs, product updates, enhancements, and customer price actions • Coordinate with sales, marketing, sourcing, operations, finance, regulatory, and quality teams on ownership, timelines, decisions, and execution • Manage excess and slow-moving inventory and develop disposition strategies • Improve inventory health through demand-driving activities, inventory runout plans, and product phase-out execution • Use customer, sales, quality, and operational feedback to prioritize continuous improvements • Leverage AI-enabled tools, workflows, and process improvements to improve quality, efficiency, and output • Report directly to the Sr Director, Product Management • Work cross-functionally with Sales, Marketing, Operations, Finance, Sourcing, Quality, Engineering, Regulatory, and Customer Service teams

🎯 Requirements

• 3-5 years of product management, category management, portfolio management, or business management experience • Bachelor’s degree required in Business, Marketing, Engineering, Healthcare, or related field • Medical device or healthcare industry experience preferred • Experience managing in-market product portfolios preferred • Strong experience with performance analytics, pricing strategy, and margin management • Experience leading cross-functional initiatives and operational execution • Advanced degree preferred • Strong analytical thinking and data-driven decision making • Problem-solving mindset with ability to translate insights into action • Excellent business and financial acumen, including margin management • Portfolio and assortment judgment • Execution discipline and accountability • Customer-focused mindset • Continuous improvement orientation • Strong cross-functional collaboration and influence skills • Advanced Excel and data analysis capabilities (pivot tables, lookups, large datasets) • Product knowledge and ability to quickly ramp on category dynamics

🏖️ Benefits

• Competitive Benefits • Paid Time Off • Incentive Plan • 401(k) Savings Plan