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

Industrial & Manufacturing
Healthcare

Expert

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
Financial analysis
Word/Pages/Docs
Marketing
Excel/Numbers/Sheets
Requirements
  • 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.
  • Intermediate level skill in Microsoft PowerPoint.
  • Intermediate level skill in Microsoft Excel.
Responsibilities
  • Oversee and lead large Product Teams 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 provides medical supplies and healthcare solutions to various clients, including hospitals, nursing homes, and home health agencies. The company offers a wide range of products such as protective gear, wound care items, diabetes care supplies, and home diagnostics. Medline operates on a business-to-business model, selling directly to healthcare providers and institutions. Its revenue comes from the sale of these medical supplies and equipment, along with value-added services like supply chain management and educational resources. Medline distinguishes itself from competitors through its strong focus on sustainability and resilience, demonstrated by significant investments in domestic supply chain infrastructure. The company's goal is to consistently deliver value and support to its clients, as evidenced by accolades like the Preferred Supplier of the Year award from the University of Texas System Supply Chain Alliance.

Company Stage

Grant

Total Funding

$486.4K

Headquarters

Mundelein, Illinois

Founded

1966

Simplify Jobs

Simplify's Take

What believers are saying

  • Medline's planned IPO in 2025 could raise over $5 billion, boosting capital.
  • Recognition for supply chain excellence enhances Medline's industry reputation and trust.
  • Expansion of agreements with Sutter Health increases Medline's market reach and influence.

What critics are saying

  • Jim Pigott's retirement in 2025 may disrupt leadership continuity and operations.
  • The 2025 IPO may increase scrutiny and pressure on Medline's strategic decisions.
  • Expansion with Sutter Health could strain Medline's operational capacity if not managed well.

What makes Medline unique

  • Medline offers a comprehensive range of medical supplies and healthcare solutions.
  • The company has a strong B2B model, directly serving healthcare providers and institutions.
  • Medline is recognized for its supply chain excellence and industry leadership.

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