In this role, you have the opportunity to
Product Manager defines business opportunity based on customer insights and translates them into winning value propositions. Owns portfolio, product and claims roadmaps and defines commercial specifications for the required products, being co-responsible for the realization of the products and the proper introduction of these products in the market.
You are responsible for
Responsible for upstream marketing activities for the products / solutions, including definition of the strategy and its enablers as well as its alignment with key markets globally.
Value proposition development based on customer insights, including Health Economics for lead markets
Portfolio, Product & Clinical claims roadmaps
Pricing (Price setting) and margin optimization
Channel Strategy for assigned product portfolio
Compliance with Quality & Regulatory requirements (if applicable)
Drive definition, development and introduction of the products/solutions, including cross-business solution development to our customers by meeting their needs, including service and consumables
Responsible for lifecycle management and market readiness as part of PDLM. Ensure completion of appropriate deliverables (feature descriptions, value propositions, costing/pricing/quoting materials, etc.)
P&L responsible for Product and/or Solutions development of the business case to support new value creation
Customer and Market Insights: Analyze the market, the competition, and trends on enterprise level across segment technologies to ensure the portfolio is leading the market’s needs and expectations Develop and maintain a needs-based customer segmentation requirements (across global markets and supported by Market Intelligence).
Translate in-depth market and customer insights, as well as competitive analyses into winning concepts/ clear product specifications for the release train, in such a way that in short, mid and long term a sound business result can be achieved
Guide and drive the development of new products from the initial phase until the final product, to get the optimal combination of performance and price in time for the defined market segment.
Interact with various disciplines including Innovation, R&D departments, internal and external design agencies, manufacturing units or external suppliers, marketing management, marketing communication and international sales organizations. Core team member in PRP/PDML from Marketing
You are a part of
The position resides in the Sleep and Respiratory Care Business Group of Philips Healthcare. Our vision is to work hand-in-hand with our provider customers to transform the home healthcare market to meet the significant demands caused by the increase of chronic diseases and an aging society. Our mission is to improve the quality of life for at-risk individuals in the home through better awareness, diagnosis, treatment, monitoring, and management of their conditions.
To succeed in this role, you should have the following skills and experience
Bachelor’s degree in business or engineering related discipline; MBA preferred
5+ years in marketing, product development or related field
Experience in high-tech, healthcare/med-tech solutions businesses
Demonstrated leadership in product development (taking products from conception to release), product management, and project management, required
Demonstrated knowledge of marketing processes, strategic planning and budgeting
Skilled in MS Office applications (Word, PowerPoint, and Excel) required
Comfortable traveling 20-30% of the time
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum . Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog . Once there, you can also learn about our recruitment process , or find answers to some of the frequently asked questions .
It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, color, citizenship, disability or perceived disability, ethnicity, gender, gender identity or expression, genetic information, marital or domestic partner status, military or veteran status, national origin, pregnancy/childbirth, race, religion, sexual orientation, or any other category protected by federal, state and/or local laws. Philips is an equal employment opportunity and affirmative action employer Disability/Veteran.
As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.