Position Summary :
The Portfolio Manager fully manages a portfolio of products and suppliers for North America. Key priorities include product category analysis, selection / positioning of suppliers within the portfolio, securing appropriate supplier participation / funding for key initiatives or promotional activities, and supporting the sales organization with issue resolution and communications.
Key Responsibilities :
Responsible for the day-to-day management of the products / suppliers and maintains cross-functional relationships with internal departments including Sales, Marketing, and Supply Chain, among others.
Demonstrate understanding of the product categories including applications by customers, the breadth of brands and competitors, and the range of category requirements demanded by the research marketplace.
Serve as primary owner of high number of non-strategic supplier relationships, managing categories and / or suppliers exceeding $50M.
Deploy strategies to source, negotiate, contract, and implement programs and otherwise drive revenue and profitability growth of the product portfolio.
Maintain accuracy of product and supplier information in digital environment and internal systems.
Raise supplier funding for marketing, NSM and regional sales meetings, and other initiatives. Work with suppliers to plan spending of funding dollars each year targeting at promoting portfolio of products.
Prepare for, analyze data, and conduct quarterly business reviews with key suppliers.
Ad hoc requests to analyze category and supplier data or to support various financial and operational initiatives.
Minimum Requirements / Qualifications :
Bachelor’s degree in business, operations, or a scientific field.
3+ years of industry or other relevant market experience, preferably in portfolio or supplier management.
Knowledge of laboratory products and applications, actual working laboratory experience, or understanding of customer requirements in laboratory settings.
Sales, marketing, or other commercial functional knowledge preferred.
Ability to develop / implement strategies and recommendations based on both quantitative and qualitative inputs with basic understanding of financial drivers.
Excellent interpersonal and problem-solving skills.
Strong proficiency in multi-tasking experience with exceptional organization and time-management skills.
General business acumen with a basic understanding of financial data and reporting methodologies, various performance metrics and ROI analyses.
Strong skills with Microsoft Office applications and ability to quickly learn / adapt to new productivity tools.
10-15% travel in the