Senior Product Manager OTC
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Job Location:
Mooresville, NC - USA
Monthly Salary:
Not Disclosed
Posted on:
3 days ago
Vacancies:
1 Vacancy
Job Summary
We believe being healthy should not require tradeoffs. SCN BestCo is a leading innovator developer and manufacturer of Vitamin Mineral & Supplement (VMS) Over-the-Counter (OTC) and prebiotics/probiotics in enjoyable forms such as gummies lozenges and chews. With over 50 years of excellence our team leads the way in changing how consumers make healthier choices. With unique food science expertise and proprietary processes weve pioneered many firsts. Our passion to create new to the world products has guided and continues to be core to our mission of making health and wellness more enjoyable. Come join us and become a part of our winning formula!
The Senior Product Manager (SPM) leads the commercialization process across key brands and private label retail customers for the Company. The Senior Product Manager is a cross-functional leader of new product launches including product development pricing strategy margin/P&L analysis claims and packaging/label design. This position oversees and guides large complex projects through the company commercialization process including coordination among multiple internal departments and external customer counterparts including Research & Development (R&D) Quality Assurance Quality Control Operations Finance Supply Chain Regulatory and Manufacturing. The Senior Product Manager is responsible for managing the execution of tasks by multiple project leaders and contributors.
Essential Duties and Responsibilities |
- Lead internal cross-functional teams across R&D Finance Supply Chain Operations Quality and Regulatory to deliver fast paced highly incremental innovation growth. Maximize communication and resources with this team to operate as effectively as possible while ensuring successful project development and execution.
- Partner with external brands and retailers on launch of new products including product development cost optimization shelf-life validation claim & document development and packaging/label design. This includes coordinating questionnaires product specifications stability data samples Certificate of Analysis (COA) Quality Assurance (QA) Good Manufacturing Practices (GMP) audit reports Corrective and Preventative Action (CAPA) lab test results item features and benefits.
- Build business cases and strategic rationale for pursuing new innovations including opportunity assessment financial impact pricing strategy and feasibility analysis.
- Identify customer-specific product opportunities across brands and retailers through customer analyses point of sales data (i.e. Nielsen) trends and consumer insights.
- Build and enhance selling tools and stories to enable the sales team to expand sales with new and existing customers.
- Analyze product performance in partnership with sales and operations to forecast production.
- Lead process improvements to speed time to market of new product innovations.
- Assess assigned projects targeting specific business unit goals and objectives and strengthening consumer and customer satisfaction.
- Train and mentor Product/Project Management team.
- Oversee medium to large complex projects to include developing project timelines for new projects and prepare responses to customer requests for information (RFIs).
- Collaborate with project and department leaders in the planning and execution of project tasks from ideation to commercialization to ensure timely and efficient execution.
- Coordinate and manage project team meetings including documentation of executed tasks action items and program governance.
- Publish monthly project goal achievement and financial growth achievements.
- Utilize project management best practices and associated tools including internal systems both manual and digital.
- Identify manage and resolve escalated issues arising from project execution including escalation internally and externally.
Required Qualifications |
Education & Experience:
- Bachelors degree in business or a technical field.
- 10 years professional project management account management product management marketing and/or innovation experience in consumer product goods (CPG) or related industry or commensurate combination of higher education and work experience.
Knowledge Skills & Abilities (KSAs):
- Thorough knowledge of market dynamics including forecasting market projections pricing elasticity competitors consumer insights and trends
- Demonstrated ability to develop and maintain strong productive relationships with internal and external customers.
- Detail-oriented highly motivated self-starter with relentless determination.
- Intermediate proficiency in Microsoft Word Excel and PowerPoint and PLM tools.
- Ability to manage multiple priorities with efficiency and accuracy.
- Demonstrated ability to creatively approach challenges and opportunities in a fast-paced collaborative environment. Ability to demonstrate capacity to identify evaluate and implement effective solutions to project-related challenges and break down complex issues into smaller manageable parts. Ability to make reasonable judgements based on available information and underlying causes considering the impact on projects objectives and stakeholders.
- Ability to work with mathematical concepts such as ability to apply concepts such as fractions percentages ratios and proportions to practical situations.
- Must have the ability to communicate effectively both verbally and in writing with internal staff and management. Ability to read analyze and interpret general business periodicals professional journals technical procedures or governmental regulations. Ability to write reports business correspondence or procedure manuals. Ability to effectively present information and respond to questions from groups of managers clients customers and the general public.
- Must be able to demonstrate practical problem-solving skills. Ability to define problems collect data establish facts and draw conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Must use logical reasoning and empirical evidence to support conclusions and recommendations.
Preferred Qualifications |
- Masters degree in a relevant field.
- Project Management Professional (PMP) or Six Sigma certification.
- Combined experience in project management account management business development supply chain management and/or research & development.
- Experience managing a matrixed organization (multiple decision makers).
- Experience applying Lean principles.
- Familiarity with the pharmaceutical sector and management of healthcare projects.
Required Experience:
Senior IC
Key Skills
About Company
BestCo is a leading developer and manufacturer of innovative pharmaceutical dosage forms for the OTC (Over-the-Counter) Drug, Vitamin and Supplement marketplace.
