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Senior Product Development Manager
McKesson Richmond, VA
$154k-198k (estimate)
Full Time | Ambulatory Healthcare Services 2 Months Ago
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McKesson is Hiring a Senior Product Development Manager Near Richmond, VA

Our McKesson Brands Owned Brand business is seeking a Senior Product Development Manager to join our team in Richmond, VA.

Position Description

The McKesson Brands Senior Product Development Manager oversees 2-3 complex, sku-intensive product categories of Medical-Surgical products. This role is responsible for the development and implementation of McKesson Brands category strategies focused on revenue growth (new product launches, product improvements, and existing product portfolio optimization), improving market share, and delivering margin dollars. Our McKesson Brands business consists of 57 categories and over 5,000 skus, which are sold across multiple markets including physician offices, health systems, ambulatory surgery centers, extended care facilities, home health agencies, government, and a range of retail and direct to consumer settings.

Key responsibilities include:

  • New product ideation and concept sell-in. Conceptualize new McKesson Brands product ideas by reviewing current market landscape, researching competitive offerings, and gaining insights from market data, sales reps, customers, and suppliers. Build business case to sell-in new product concepts and gain alignment from key stakeholders.
  • New product development. Prioritize new product opportunities and serve as project lead for the product development process for new McKesson Brands products within categories. Collaborate regularly with domestic suppliers, Global Sourcing, Quality Assurance, Brand Management, Inventory Management, National Brand Category Management, Sales, Marketing, Finance, Legal and Compliance to ensure new products launch on time.
  • Portfolio and funnel management. Manage existing product portfolio in accordance with McKesson Brands strategy and in partnership with the national brand strategy. Explore opportunities to rationalize the portfolio, making sure each product meets our customers' needs and generates optimal financial value to the organization.
  • Financial planning and forecasting. Annually build out financial plan for McKesson Brands categories, including revenue and margin targets by customer segment (Primary Care, Extended Care, Government, and Consumer). Develop initiatives and specific tactics to achieve financial plan. Report out monthly on results and modify tactics as needed.
  • Operational excellence. Gain alignment with both domestic and global inventory management teams and collaborate with supplier partners to help maintain high customer fill rates.

Minimum Qualifications

College degree. Typically requires 7 years of product development, category management, business development and/or sourcing experience.

Critical Qualifications

  • Experience in product development, category management and/or sourcing
  • Ability to translate strategic vision into tactical plans and sell vision into the organization
  • Customer-centric mindset with capability of translating that into the product development process
  • Ability to effectively collaborate with a range of counterparts including Sourcing, Category Management, Finance, Legal, Compliance, Inventory Management, Marketing, and Sales
  • Ability to balance multiple priorities and perform under tight deadlines
  • Solid understanding of supply chain operations and financial profitability levers

Additional Skills and Qualifications

  • Private label experience a plus
  • Prior experience developing products and building out a category
  • Experience managing a P&L and demonstrated financial acumen
  • Advanced Excel and PowerPoint skills

Education

  • BS in engineering, business, marketing, supply chain or related field required; MBA a plus.

At McKesson, we care about the well-being of the patients and communities we serve, and that starts with caring for our people. That's why we have a Total Rewards package that includes comprehensive benefits to supportphysical, mental, and financial well-being. Our Total Rewards offerings serve the different needs of our diverse employee population and ensure they are the healthiest versions of themselves. For more information regarding benefits at McKesson, please

As part of Total Rewards, we are proud to offer a competitive compensation package at McKesson. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered.

Our Base Pay Range for this position

McKesson is an Equal Opportunity/Affirmative Action employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.Qualified applicants will not be disqualified from consideration for employment based upon criminal history.

McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to . Resumes or CVs submitted to this email box will not be accepted.

Current employees must apply through the internal career site.

Join us at McKesson!

McKesson is an equal opportunity and affirmative action employer - minorities/females/veterans/persons with disabilities.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Ambulatory Healthcare Services

SALARY

$154k-198k (estimate)

POST DATE

05/20/2023

EXPIRATION DATE

06/01/2023

WEBSITE

mckesson.com

HEADQUARTERS

LEESBURG, FL

SIZE

>50,000

FOUNDED

1833

TYPE

Public

CEO

MARIA BELLO

INDUSTRY

Ambulatory Healthcare Services

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About McKesson

McKesson provides pharmaceutical distribution services and health information technology, medical supplies, and care management tools.

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