Head of Portfolio Management - Nitinol

Head of Portfolio Management - Nitinol Location Fridley – Minnesota Permanent  Full Time  

 

About Heraeus

Solutions from the Heraeus Group provide faster internet, rid water of germs, and keep hearts beating in time. As a family-owned global technology group headquartered in Hanau, Germany, we combine materials expertise and technological leadership to create the most diverse products, all with one thing in common: World-class quality.

About Heraeus Medevio

Together we improve lives. At Heraeus Medevio, we bring lifesaving and life-changing medical devices to market through partnerships with medical device manufacturing companies. Backed by Heraeus Group, we are committed to the growth of our teams and organization by providing an open space for open minds.

To reach our vision of improving 100 million lives every year, we foster a culture of curiosity that thrives on challenge, continuous learning, growth, and the opportunity to try new things. With sites in the United States, European Union, and Asia, and over 2,200 employees worldwide, together, we will meet tomorrow's challenges today.

 

The primary responsibility of this position is to lead strategy development and execution to grow the Medevio business in the nitinol market segment. The incumbent must be able to effectively analyze market opportunities, define the product and technology roadmap, engage with customers and internal stakeholders, and, in close partnership with the Sales, R&D, and Operations teams, lead all aspects of the product portfolio throughout its entire lifecycle.

 

The following challenges await you:

• Set the long-term vision and lead the strategy development and execution for the portfolio. 
• Routinely scan the market in order to identify market opportunities, including M&A, alliances, and licensing; to gain insights into customer needs; and to understand competitive dynamics.
• Define the product portfolio roadmap that accounts for, and integrates market trends, customer needs and financial objectives. 
• Develop and communicate a formal business plan for the portfolio, including specific investments, make or buy decisions and resource plan. 

• Create business cases for new opportunities including defining the market and customer needs, developing the financial model and analyzing data to quantify the sales and profit, value proposition, and the strategic fit.
• Ensure the profitability of the portfolio, including developing the price of the product, establishing and managing costs and margin targets, taking pricing actions, and executing product pruning.  
• Partner with the sales organization to develop and implement the go-to-market strategy, including identification of target markets and customers. 
• Ensure the commercial success of product portfolio in all phases of its products lifecycle from concept to end of life. 

• Create product capability and technology roadmap through strong collaboration with Applications Management, R&D, and Operations.
• Implement efficient processes that ensure alignment between Sales, R&D, and Operations. 
• Define project and platform development prioritization and redirect (as needed) R&D activities to ensure timely execution of customer projects.  
• Collect and interpret voice of the customer (VOC) in order to define long-term customer needs.  
• Partner with Marketing to lead and implement promotion activities.  

• Other dutie