Product Manager (Medical Devices/OTC Cosmetics Experience Preferred) - Delasco

We are looking for an exceptional Product Manager. This job position presents a distinctive and thrilling opportunity for the ideal candidate.

About Us:

Founded in 1980 by a dermatologist for dermatologists, Delasco is a leading manufacturer and distributor of dermatology supplies and equipment. Today, more than 7,000 dermatology care providers trust Delasco to provide the supplies they need to achieve optimal patient outcomes. Delasco manufactures and sources more than 5,000 cost-effective products to support care providers in private practices, hospitals, and university medical centers around the globe

Job Overview

This position is responsible for managing the products at Delasco, launching new products, conducting market research, working with Marketing to implement go-to-market strategies and programs for new product launches, establishing pricing, supporting the business with financial analyses, negotiating with vendors, and sales support.

Your ability to be self-driven, collaborate with various teams, and drive product management will be crucial in achieving our business objectives. If you are a highly motivated and detail-oriented Product Manager with a “roll up your sleeves” attitude, we encourage you to apply and be a part of our dynamic team.

Key Responsibilities:

• Product Development and Management
• Identify and develop new products, guiding them through the entire development process from inception to market launch.
• Define product features and benefits, document product claims, and work with Regulatory to ensure compliance with packaging and labeling standards.
• Develop and maintain packaging and labeling to industry standards.
• Collaboration with Marketing
• Work with Marketing to create and implement comprehensive marketing plans, including product strategy development, pricing strategy, collateral creation, and brand management.
• Formulate go-to-market strategies and programs for new product launches and acquisitions.
• Participate in pricing strategy determination.
• Financial performance analysis
• Review monthly financial performance, analyzing contributing factors and proposing future initiatives.
• Support financial forecasts and budgets with detailed plans.
• Supplier management and cost optimization
• Collaborate with vendors and purchasing to reduce Cost of Goods Sold through various strategies, including assessing packaging, alternate materials, sourcing options, and inventory management.
• Negotiate pricing with vendors for raw materials and finished goods.
• Ensure company has a stable supply chain on all existing and future products by vetting additional suppliers.
• Market Research
• Conduct market research and translate findings into new products, product enhancements, or line extensions.
• Lead cross-functional teams in product development efforts.
• Sales support
• Collaborate closely with sales vehicles in various channels to understand the market, aid in conversions, and uncover new opportunities.
• Provide product trainings to Sales.

Qualifications and Experience

· Bachelor’s Degree

· 2-5 years of experience in product management or similar field

· Prior experience in medical devices or over the counter cosmetics strongly preferred

Effective written and verbal communication skills.

Proficiency with Microsoft Office Suite.

· Effective project management skills

Our Core Values:

• SERVICE: Customer-Centric Attitude
• KNOWLEDGE: Expertise Sharing
• INVESTED: Commitment
• NEVER FINISHED: Continuous Improvement

Benefits and Compensation:

· Competitive base salary of $90K-$110K

· Company subsidized medical, dental, vision and retirement benefits

· Dynamic and collaborative work environment

· Opportunity to play a significant role in driving the success of our clients and growth of our business.

· Generous paid time off benefit.

· Opportunity to work remotely

If you believe you have the qualifications, experience and expertise to perform this role at an above-average or higher level, we encourage you to apply!