Product Manager- Extremity
1 week ago
Arthrex, Inc. is a global medical device company and a leader in new product development and medical education in orthopedics. Arthrex is actively searching for a Product Manager - Extremities & Trauma to manage and lead our initiatives within the Core Metal segment under Distal Extremities. The successful candidate will build relationships with key customers and internal departments to help drive new product innovation and manage existing product lines. Excellent interpersonal, presentation and leadership skills along with five plus years or more of related experience and a bachelor's degree are essential for this position. The position does require travel. Join our talented team at a global medical device company focused on Helping Surgeons Treat Their Patients Better™.
Main Objective:
Oversees activities affecting a product to maximize the effectiveness, results, and market acceptance of the Core Metal product line under the Distal Extremity business unit. The position plans, organizes, and controls an assigned product line from conceptual stages through the product life cycle to optimize profit and meet marketing, financial, and corporate growth objectives by performing the following duties.
Essential Duties and Responsibilities:
- Participates in overall product strategy, research and development requirements, development, and manufacturing coordination for new and emerging products.
- Manages technical product development, estimates of potential profits, and release to production.
- Manages day-to-day progress of product.
- Provides technical expertise and training to other departments in support of product development.
- Conducts marketing analysis to develop product definitions.
- Collaborates with a wide variety of functional areas such as sales, engineering, marketing, manufacturing, and operations to develop and provide product definitions responsive to customer needs and market opportunities.
- Develops and maintains a prioritized list of customer and market requirements for product.
- Coordinates and develops marketing, sales, engineering, and financial plans for product line.
- Provides financial and technical justification for product selection and definition.
- Prepares product development objectives and schedules for all phases of product development and introduction to market.
- Conducts market research and identifies and tracks market trends in company's industry.
- Produces competitive analysis materials comparing product with its key competitors.
- Identifies partnering opportunities for complementary third-party products to broaden company's product line.
- Participates in key sales situations for the product.
- Maintains communications and contacts to collect and analyze technical, financial, schedule, and sales information for product line.
- Identifies market potential, establishes pricing and market strategies, estimates potential sales, introduces market, distribution/channel issues, and manages mature product through phase-out.
- Defines promotional activities, publicizing the product through the press, sales force, and alternate distribution channels.
- Provides expertise in particular product area and develops strategies and applicable portions of the company business plan.
- Plans, organizes, and coordinates assigned programs to ensure accomplishment of financial/budgetary goals and optimum allocation of resources.
- Manages resources to execute assigned programs.
- Coordinates details of program within the organization with a wide range of functions and individuals.
- Coordinates product introduction and market exploitation with marketing and sales organizations to ensure maximum penetration of market segment.
- Provides continuing product surveillance and management of established product to obtain financial objectives.
- Must be able to work with cadaveric specimens.
- In-office, Naples FL-based position; not remote.
- Up to 25% travel required.
- Bachelor's degree required; preferably in business.
- Five years' experience in orthopedic device marketing and/or product management and/or sales is required.
- Experience in Orthopedic Trauma is highly desirable.
- Proven ability to travel for past positions preferred.
- Ability to work with cadaveric specimens is required.
- Must have superior orthopedic knowledge relating to all five years of ortho experience.
- Skilled in working with different functions and effectively coordinates their activities to achieve desired results.
- Excellent listening skills, including the ability to identify and isolate customers concerns or objections, in addition to excellent written and oral communication skills.
- Excellent public speaking and presentation skills are required.
- PC and various and specialized software.
- Computer proficiency in all Microsoft office applications required.
- Must develop and maintain a proficiency with orthopedic hand and power tools.
- Medical, Dental and Vision Insurance
- Company-Provided Life Insurance
- Voluntary Life Insurance
- Flexible Spending Account (FSA)
- Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
- Matching 401(k) Retirement Plan
- Annual Bonus
- Wellness Incentive Program
- Free Onsite Medical Clinics
- Free Onsite Lunch
- Tuition Reimbursement Program
- Trip of a Lifetime
- Paid Parental Leave
- Paid Time Off
- Volunteer PTO
- Employee Assistance Provider (EAP)
- Eligible for discretionary Long Term Incentive program
All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or any other status protected by law.
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