Full-Time

VP – Product Management

Confirmed live in the last 24 hours

Medline

Medline

5,001-10,000 employees

Provider of medical supplies and healthcare solutions

Social Impact
Healthcare

Senior

Northbrook, IL, USA

Willing to travel up to 50% of the time for business purposes.

Category
Product Management
Product
Required Skills
Market Research
Sales
Inventory Management
Product Management
Word/Pages/Docs
Marketing
Business Strategy
Excel/Numbers/Sheets
Requirements
  • Education - Bachelor’s degree in Marketing, Business or Clinical.
  • At least 10 years of marketing, sales, product management or clinical practice experience (preferably in the healthcare industry).
  • At least 4 years of experience managing people, including hiring, developing, motivating and directing people as they work.
  • Experience negotiating with outside vendors, including negotiating contracts, prices, resolving service issues and reconciling differences.
  • Willing to travel up to 50% of the time for business purposes (within state and out of state).
  • Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers and tables and/or adjusting table columns).
  • Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).
  • Intermediate level skill in Microsoft Excel (for example: using SUM function, setting borders, setting column width, inserting charts, using text wrap, sorting, setting headers and footers and/or print scaling).
Responsibilities
  • Oversee and lead large Product Teams (may have multiple reports including Director and Senior Manager levels) for the sourcing, marketing, new product development, sales support and financial growth of multiple product categories.
  • Prepare overall long-term business and marketing strategy for complex, new to market products and/or complicated product line.
  • Develop, lead and present sales process for large Integrated Delivery Network (IDN) or Group Purchasing Organization (GPO) customer presentations.
  • Negotiate pricing with vendors for raw materials and finished goods.
  • Visit vendors to develop products and train personnel in all aspects of each product and usages.
  • Coordinate materials with vendors and develop finished custom items.
  • Develop and implement comprehensive marketing plans and promotional programs for existing and/or new products to include product strategy development, pricing strategy, collateral creation and brand management.
  • Develop and mentor staff through on-boarding, open communication, training and development opportunities and performance management processes; build and maintain employee morale and motivation; ensure the team is appropriately staffed with required competencies.
  • Review monthly financial performance and determine contributing factors.
  • Offer solutions for detrimental sales or cost trends.
  • Prepare product forecasts to include revenue and expense expectations.
  • Analyze sales trends over time and impact of competitive strategies.
  • Support forecasts and budgets with appropriately detailed marketing plans.
  • Work with Product Teams, Manufacturing, Purchasing, and Engineering to reduce Cost of Goods by assessing packaging, alternate materials, new sources of material, stocking, make to order, direct to customer shipments, etc.
  • Manage inventory by focusing on eliminating surplus and optimizing SKU count.
  • Determine strategy on GPO and/or IDN contracts for assigned product categories.
  • Develop and deliver training materials for internal stakeholders, sales forces and customers.
  • Create sales tools.
  • Conduct effective market research and translate that research into new products, product improvements, or line extensions by providing leadership to a multi-functional team.
  • May travel with sales force to support efforts to convert key customers to purchase.

Medline supplies medical products and healthcare solutions to hospitals, nursing homes, and home health agencies. Their offerings include protective gear, wound care items, diabetes care supplies, and home diagnostics, sold directly to healthcare providers. Medline distinguishes itself through its commitment to sustainability and resilience, investing in domestic supply chain infrastructure. The company's goal is to deliver reliable healthcare solutions while promoting sustainable practices.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$486.4K

Headquarters

Mundelein, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Medline's recognition with awards like the AARC's 2024 Zenith Award and the Preferred Supplier of the Year award highlights its strong reputation and reliability in the healthcare sector.
  • The new partnership with Vetter Senior Living and expansion in Chicagoland indicate Medline's growing market presence and potential for increased business opportunities.
  • Innovations like the FitRight CONNECT Wetness Sensing System demonstrate Medline's commitment to advancing healthcare technology and improving patient care.

What critics are saying

  • The competitive nature of the medical supply industry requires Medline to continuously innovate to maintain its market position.
  • Dependence on partnerships, such as those with Microsoft and Sonoma Pharmaceuticals, could pose risks if these collaborations face challenges or dissolve.

What makes Medline unique

  • Medline's partnership with Microsoft to develop AI-powered solutions for healthcare supply chains sets it apart in the medical supply industry, emphasizing innovation and technological advancement.
  • The company's commitment to sustainability and resilience through domestic supply chain investments distinguishes it from competitors who may rely more heavily on international sources.
  • Medline's extensive product catalog and value-added services like supply chain management and educational resources provide a comprehensive offering that is unmatched by many competitors.

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