Full-Time

Sr. Product Manager

Needles & Syringes

Posted on 1/27/2025

Medline

Medline

5,001-10,000 employees

Provider of medical supplies and healthcare solutions

Industrial & Manufacturing
Healthcare

Compensation Overview

$96.2k - $144.6kAnnually

+ Bonus + Incentive

Mid, Senior

Chicago, IL, USA

Category
Product Management
Product Marketing
Product
Required Skills
Market Research
Sales
Inventory Management
Product Management
Financial analysis
Word/Pages/Docs
Marketing
Excel/Numbers/Sheets

You match the following Medline's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree.
  • At least 4 years experience in marketing, sales, product management or clinical practice in the healthcare industry.
  • Experience negotiating with outside vendors and internal resources.
  • Experience collecting and analyzing financial data.
  • 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
  • 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.
  • Provide coaching and training to product management team. Service as a resource and provide project oversight.
  • Develop and implement comprehensive marketing plans and promotional programs for existing products to include product strategy development, pricing strategy, collateral creation and brand management.
  • 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 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.
  • 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.
  • Travel with sales force to support efforts to convert customers to purchase Medline products. Provide timely follow up to sales forces by answering product questions via e-mail and phone.
  • 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.

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 stands out from competitors with its focus on sustainability and investments in domestic supply chains, and it has received awards for its value and support. The company's goal is to improve healthcare delivery through reliable products and services.

Company Stage

Grant

Total Funding

$486.4K

Headquarters

Mundelein, Illinois

Founded

1966

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Simplify's Take

What believers are saying

  • Increased demand for home diagnostics aligns with Medline's product offerings.
  • The rise of personalized medicine boosts demand for Medline's specialized supplies.
  • Expansion of outpatient care facilities increases demand for Medline's B2B model.

What critics are saying

  • Market saturation in medical supplies could limit Medline's growth opportunities.
  • Healthcare industry consolidation may reduce potential clients for Medline.
  • Rising raw material costs could squeeze Medline's profit margins.

What makes Medline unique

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

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Benefits

Health Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Paid Vacation

Paid Sick Leave

INACTIVE