Portfolio Manager

Work Flexibility: Hybrid

In this role, the Portfolio Manager, Upstream Marketing will support the Trauma Business unit by supporting product and/or marketing strategies and programs consistent with overall business objectives. 

This position is based in our Mahwah, NJ office with a hybrid occasional work from home flexibility. The travel requirement is 30%

What you will do:

• Research features and benefits, and how they translate to value for a specific product

• Utilize processes and resources to gather competitive/market intelligence

• Understand the needs of customers and patients and create a compelling value proposition

• Understand customer needs and builds value propositions

• Effectively use and interpret qualitative and quantitative research

• Utilize market research and third-party data to identify key industry trends

• Collaborate cross-departmentally to participate in the new product development (NPDP) process

• Understand new product development process and its effect on the business

• Build financial business case model to support new product development funding and product return on investment

• Collaborate with Product Marketing to build new product launch plan from Project Business Case Model

• Leverage core competencies and the strategic assets of the organization to maximize new product development and launch planning

• Partner with Clinical Affairs to propose research objectives for evidence generation (Clinical studies, research papers, etc.)

• Partner with Product Marketing to develop a publication and messaging strategy that aligns with clinical evidence

• Understand the costs of acquiring new customers vs. retaining current customers.

• Understand potential sources of new volume within current customer segment or outside of the current segment and the financial tradeoffs for pursuing each

• Assist in the development of sales tools and channel communication

• Research key factors, measurements and variables used in forecasting

• Execute a product lifecycle management (PLCM) plan as it relates to the overall business and launch strategy

• Create and communicate a value proposition

• Develop pricing consistent with the Marketing Strategy and brand positioning

• Assist in the development of new marketing channels and tools

• Document performance criteria used for evaluating business trends and activities

What you will need
Required

• Bachelor’s degree required

• 4+ years of work experience required

Preferred

• MBA preferred

• 2+ years medical device or marketing experience preferred

• Excellent presentation and interpersonal communications skills

$86,600 - $186,700 salary plus bonus eligible + benefits. Individual pay is based on skills, experience, and other relevant factors

Travel Percentage: 30%Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer – M/F/Veteran/Disability.Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.