Derived from job-description analysis by Serendipath's career intelligence engine.
Original posting from Avantor
Position: Product Analyst I
The Opportunity:
The Product Analyst plays a key role within the Portfolio Management organization. They will be responsible for implementation of defined strategies including positioning, promoting, and pricing the Analytical Sciences (BMP) portfolio. This includes supporting new product launches, to enable the sales organization to drive growth in the Americas. The role works cross functionally with the portfolio leadership, sales, field, quality, compliance and commercial marketing, to enable the sales team in achievement of growth targets.
This position will have the following primary functions: conducting various data analyses, executing product additions/deletions, enabling the Portfolio's pricing process, as well as fulfilling ad-hoc requests for information, data and analysis as required.
What we're looking for
- Education: Bachelor's degree required, in a scientific line of study preferred;
Technical degree and/or MBA preferred
- Experience: 2-3 years of relevant work experience, preferably with multi-department product management in global, matrix organization
- Demonstrated history of meeting deadlines and achieving results while maintaining strong attention to details in a fast-paced, collaborative environment
- Advanced skill and proficiency with MS Excel, Teams, Outlook and PowerPoint required.
- Ability to influence cross functional teams without direct authority
- Excellent written and verbal skills
- Strong business systems proficiency - SAP, Power
BI, Quality systems (eg. ETQ)
- Collaborative interpersonal skills
- Superior analytical and organizational skills, adaptability
- Proactive problem solver
- Project management skills, sounding the alarm if projects/initiatives go off the tracks
- Demonstrated proficiency in analyzing and reporting metrics and trends
How you will thrive and create an impact
Product Management:
- Manage Product Projects:
Coordinates closely with suppliers, manufacturing organization, and internal contacts to ensure production addition, discontinuation, and supersession processes are followed, and that Commercial and Operations teams are prepared for substitutions when such options exist.
- Core Product Conversions/ SKU rationalization:
Coordinates and manages product life cycles.
- Drive On-Boarding of innovative Lab and Production Suppliers/Products:
Actively assists Innovation Product Manager all aspects of the on-boarding process utilizing the internal Toll Gate Process to include: managing internal meetings, assistance with financial modeling, working with Portfolio Leadership implement customer specific pricing strategies, coordinating with the e-business team, Mar Com, Master Data, Compliance, and Finance functional areas to ensure appropriate integration with suppliers is enabled as well as providing supporting data analyses and competitive cross reference tables.
Analytics:
- Informatics and research support:
Produces proactive analyses and competitive intelligence gathering regarding competitors' pricing and positioning, in support of key product launches and for determination of potential unmet market needs for the relevant customer segments.
- Reporting and Data Analysis Support:
Provides data analysis for Portfolio Leadership. This includes not only generating reports in the company's various systems (QS, Power
BI, SAP, etc.) but also providing critical thought and option recommendations regarding the results.
Field Sales Support:
- Field Communication:
Works with Portfolio Leadership to develop product positioning and messaging for portfolio. Answers routine questions from field regarding existing products, product programs/initiatives and organize product trainings.
- Technical Product Support
- Training and enablement of supporting teams
- Supplier Relationship Management support
- Support Portfolio leader with preparation for business reviews, project activities, and agreed upon strategy execution.
- Prepare and execute marketing and promotion plan together with Marketing
- Improve Enrichment of our portfolio
- Support SCP: S&OP Inventory Management including decisions with impact on net working capital
- Performs other duties as assigned.
Pricing Support:
- Analysis:
Conducts in depth analysis of prior year pricing…
Source: Avantor careers