What Product Management And Development Contributes To Cardinal Health
Marketing is responsible for assessing customer needs, market conditions and competition to inform business strategy. Marketing implements the strategy through developing, commercializing and monitoring the appropriate products and services.
Product Management and Development is responsible for researching, developing, and launching new products for the company. Responds to company initiatives by driving new products to meet customer needs.
Job Summary
The Product Manager, Product Management & Development develops product marketing strategies and manages product development to differentiate Cardinal Health’s products and to grow revenue, market share, and customer awareness. In line with the broader commercial strategy and the Marketing strategy set by the Director, the Product Manager manages the research, business cases, development, and launches of products in a portfolio. This job works with a large degree of independence.
Responsibilities
- In conjunction with the Director and Senior Manager, develops annual and multi-year product management roadmaps for a portfolio of products and/or services and participates in product strategy meetings, providing actionable insights from market intelligence and product research to support the Director and business unit leaders.
- Conducts product pilot tests, customer trials, focus groups, and other product concept testing to gather customer feedback and to determine the product’s potential return on investment. Measures and evaluates key performance indicators for the specific product to inform its commercialization potential and strategy.
- Based on market and customer research, develops business cases for new products, enhancements, and features in conjunction with the Director. Creates ROI forecasts, expense budgets, and profit goals for a given product’s first 1-3 years after launch. Presents business cases to Director and the senior management of the business unit.
- In coordination with downstream Marketing teams, designs launches for new products, including positioning, marketing mix, and promotions and ensures that Sales and other functions receive necessary trainings and information for the efficient commercialization of the product.
- Analyzes market research, trends, projections and innovations to formulate concepts for new products and services. Collaborates with Research & Development and Business Development teams to integrate commercial, customer, and technical perspectives.
- Manages relationships with key vendors that assist in upstream market research, such as pilot testing. Coordinates with suppliers as it relates to product specifications and customer requirements.
- Provides guidance to less-experienced Product Management professionals and may assist in internal trainings or mentorship on behalf of the Director.
- In support of Sales and Business Development activities, provides market and customer research and ensures that relevant customer information or feedback is relayed to Sales leaders and included in CRM systems.
- Participates in industry conferences, trade associations, and other industry events in order to promote Cardinal Health’s products and services and to stay abreast of market developments.
Qualifications
- Bachelor’s degree in related field preferred or equivalent work experience preferred
- Proven experience in product management, operations management, or a related field.
- Exceptional project management skills with the ability to manage complex, cross-functional projects.
- Excellent communication, collaboration, and interpersonal skills, with the ability to influence and align diverse stakeholders.
- Strong analytical and problem-solving skills.
- Experience with process improvement methodologies.
- Ability to thrive in a fast-paced, dynamic environment.
What is expected of you and others at this level
- Applies comprehensive knowledge and a thorough understanding of concepts, principles, and technical capabilities to perform varied tasks and projects
- May contribute to the development of policies and procedures
- Works on complex projects of large scope
- Develops technical solutions to a wide range of difficult problems
- Solutions are innovative and consistent with organization objectives
- Completes work; independently receives general guidance on new projects
- Work reviewed for purpose of meeting objectives
- May act as a mentor to less experienced colleagues
Anticipated salary range: $93,500 - $120,240
Bonus eligible: No
Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.
- Medical, dental and vision coverage
- Paid time off plan
- Health savings account (HSA)
- 401k savings plan
- Access to wages before pay day with myFlexPay
- Flexible spending accounts (FSAs)
- Short- and long-term disability coverage
- Work-Life resources
- Paid parental leave
- Healthy lifestyle programs
Application window anticipated to close: 04/14/2025 *if interested in opportunity, please submit application as soon as possible.
The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate’s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.
Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.
Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.
