Medical Device Services Portfolio Manager

Company Description

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.

The Eurofins network of companies is the global leader in food, environment, pharmaceutical and cosmetic product testing and in agroscience Contract Research Organisation services. It is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

In over 30 years, Eurofins has grown from one laboratory in Nantes, France to 58,000 staff across a decentralised and entrepreneurial network of 900 laboratories in over 54 countries. Eurofins companies offer a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.

Job Description

Eurofins Lancaster Laboratories, Inc.’s Marketing Team is looking for a Medical Device Services Portfolio Manager for the Medical Device Services business. Reporting to the Marketing Director, this results-oriented individual will have a strong understanding of the medical device category and be responsible for driving strategic initiatives from concept through commercialization.

Job Summary

In this role, you will be responsible for driving the development and execution of strategic initiatives from concept through commercialization. You will lead cross-functional teams—including technical, operations, marketing, sales, and regulatory in the development and execution of strategic and new service development projects that support the long-term vision of the Medical Device business. As a results-oriented individual, the portfolio manager will have a propensity for action to ensure successful launches and marketing commercially-focused marketing programs.

This position is accountable for projects and initiatives that drive the Medical Device Services’ key strategies and the success, including managing external business consultants and in-house resources for market analysis, voice of customer, and strategic initiatives to drive share of wallet, brand advocacy, and medical device podium position. The Portfolio Manager will identify and propose new business cases using market analysis and assessments in potential areas of opportunity to strengthen the portfolio strategy and marketing. He/She/They will maintain and grow the business through client interaction/management while ensuring milestones for existing offerings are met. Responsible for ensuring Medical Device Services’ budgeted profits and margins are met, working closely with pricing to optimize the medical device services business line.

Core Responsibilities

• Act as a medical device services industry SME (Subject Matter Expert) to provide leadership and expert knowledge to create and drive development of category strategies and plans, and successful execution to deliver on strategic goals.
• Lead cross-functional teams in the development and execution of strategic and new service/product development projects that support the long-term vision for medical device services.
• Identifies/Develops new business cases via conducting market analysis and assessment in potential areas of opportunity to make recommendations for portfolio strategy, marketing/go-to-market strategy and service/product development.
• Perform data analysis to inform business decisions, pricing and/or package decisions, forecast business results working with finance and utilizing Power BI and other digital platforms and resources.
• Maintain a strong understanding of category financials including drivers of topline and bottom-line and works with the relevant teams and leadership to influence both drivers.
• Pull insights from multiple sources and synthesize into a compelling story for the appropriate audiences (customers, target audiences, leadership, sales team, etc.).
• Work closely with the sales teams, BU heads, technical SMEs, and other key stakeholders to address portfolio management and service delivery of the business, including the timely resolution of arising issues involving the