BMS-MK-WA-008 Revised BRIGGS Job Description Job Title: Department: Location: Reports To: FLSA Status: Prepared By: Prepared Date: Salary Level: Associate Product Manager Product Marketing Waukegan Director, Product Management & Development Exempt Kevin Schroer 11/28/12 EXDW SUMMARY 1. Assists Director and Product Managers in managing products through the New Product Development (NPD) process from Ideation to Commercialization 2. Utilizes project management methodology and pipeline process to qualify and execute new product introductions 3. Executes to defined goals (cycle time, $, total products, etc.) by stage 4. Follows process improvements and project management activities to decrease total time to new product commercialization while ensuring product accuracy upon arrival 5. Contributes to the development and utilization of developed tools such as new product scorecard metrics 6. Assists in managing optimal current product assortment 7. Works with Director in defining pricing strategy of new and existing products 8. Recommends assortment and pricing of products for marketing and promotional activities ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Drive and demonstrate behaviors consistent with Sales/Marketing vision and mission including the four pillars of execution (Communication, Accountability, Knowledge and Efficiency. Achieves New Product Revenue Targets 1. Accountable for significant new item growth in terms of $ opportunity and number of products from any DMS channel with primary focus on retail 2. Partners with Sales & Sourcing to conceptualize, research and evaluate new product ideas ensuring alignment with strategic plan while driving the product through the 4 stages of new product development Ideation: a) Identifies new product opportunities including: Customer and Sales feedback Category gap analysis Competitive research Industry trade shows Vendor community b) Determines initial product specifications c) Develops preliminary pricing, volume and sales potential d) Obtains “tollgate” feedback from selected team Evaluation: a) Refines pricing, features and specifications b) Works directly with Sourcing to identify potential vendors and/or discover on own c) Develops all required documents including information on competitive and financial assessment. d) With addition of new items, determines if change needed in current product assortment, pricing, marketing copy, etc to ensure offering is well defined BMS-MK-WA-008 Revised Development: a) Develops and drive all aspects of new product marketing plans, including item setup, product launch and training b) Works cross-functionally with Marketing Communications on packaging, promotions, and sales collateral c) Partners with PPD (Supply Chain) on forecasting, production and distribution to optimize inventory levels, cost of goods and forecast accuracy d) Drives new product through production by coordinating with vendor and strong time/project management e) Obtains all necessary product specifications/info for a successful, efficient and robust offering to customers through utilization or development of tools (i.e. Lighthouse) Commercialization: a) Executes product marketing plans b) Analyzes and track new item results c) Produces, track and analyze metrics to improve speed to market Management of Existing Products 1. Conducts on-going in-depth industry market and competitive analyses related to the base business product categories a) Identifies customer needs and buying behaviors b) Analyzes trends and issues while partnering with Quality/Regulatory team c) Understanding of budget/reimbursement issues, industry consolidation, demographics, supply channels and other key issues that affect product offerings and market share 2. Recommends changes in product offerings, services, marketing approaches, etc. to remain competitive within market share and profitability parameters 3. Responds in timely and clear manner to issues such as customer (internal and external) product questions, product training, quality concerns and general product information 4. Partners with Sourcing in vendor relationship to maintain strong costs 5. Adjusts pricing as needed in relation to cost changes or promotional activity Demonstrates Leadership 1. Deploys Briggs service model through key initiatives 2. Understands and demonstrates leadership of key activities 3. Leads internal Briggs functional partners to achieve results. Drives accountability throughout the organization to achieve goals 4. Identifies and develops continuous improvement activities to maximize business results Communicates Effectively 1. Uses best practices in communication processes. Communicates information appropriately with all parties while sharing feedback and insight to drive improvements 2. Ability to lead by example and demonstrate succinctly to team, internal and external customers the Briggs value proposition through a variety of communication formats (Presentations, email, phone, in person, etc). Must demonstrate confidence in a variety of situations at multiple levels internally and externally 3. Provides training on new and existing products across all Briggs selling platforms 4. Clearly represents all work including performance to plan, presentations, customer and market research. Utilizes world class presentation techniques to ensure message is understood. Understands depth and brevity balance depending on the audience and expectation SUPERVISORY RESPONSIBILITIES Not Applicable BMS-MK-WA-008 Revised QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Must be able to move a product through the new product development process Must be self-motivated (strong desire to achieve results), have good interpersonal skills, capable of analyzing and solving complex new product development issues through innovative thought and experience, as well as, through the use of project management tools Ability to manage multiple priorities simultaneously and efficiently Must demonstrate strategic and tactical action planning, strong business acumen, and proficient leadership skills. Display ability to communicate effectively using a wide variety of tools and vehicles with multiple levels of people internally and externally Ability to understand and deduce good business practice, based on information and analysis EDUCATION and/or EXPERIENCE Graduation from a college or university with a Bachelor’s degree in marketing or the equivalent Minimum 1 year in Product Management or Marketing related field with an emphasis in New Product Development Healthcare industry exposure helpful Project management experience desired Demonstrated skills in achieving sales, profitability and budget targets Ability to effectively monitor sales performance versus plan Possess strong analytical skills, critical thinking skills and problem solving skills Strong presentation and communication skills, both verbal and written Ability to interface and demonstrate leadership both internally and externally Ability to review and analyze business trends and capitalize on the opportunities that lie within the data Strong working knowledge of Microsoft Office products; Word, Excel, PowerPoint and Outlook. Ability to learn other applications such as Briggs Viewer, JDE as needed in performance of duties LANGUAGE SKILLS Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, government regulations. Ability to write clear, concise memos, reports and business correspondence. Ability to make effective presentations to groups -- both internally and in the market place. Personal ability to respond to internal and external customer questions/complaints/inquiries etc. with composure, clarity, and efficiency. Excellent communications skills, both written and verbal. MATHEMATICAL SKILLS Ability to compute and understand financial concepts such as gross and net margins, profitability, direct and indirect costs, and inventory investments. Ability to understand and interpret statistical information in chart or graph form as well as numerical form. Ability to ascertain what information needs to be gathered, how it should/can be manipulated and analyzed to reveal trends and provide a partial basis for decisions. REASONING ABILITY Ability to anticipate, identify and solve problems; make decisions based on limited and/or conflicting data; ability to understand and deduce good business practice, based on information and analysis. Ability to extrapolate trends/conclusions from data and determine further questions that need to be asked. Intuitive capacity to seek out information and develop creative solutions and programs. KEY DIMENSIONS (These are knowledges, skills, and abilities that are considered essential or important to successful performance.) BMS-MK-WA-008 Revised Adaptability, managing work, quality orientation, communication, building strategic working relationships, customer focus, work standards, initiating action, decision making, and building trust. PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; and talk or hear. The employee frequently is required to reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet. TRAVEL Ability to travel up to 10% of the time.