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Medical Device Services Portfolio Manager - job 1 of 2

Company Description

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.

The Eurofins network of companies is the global leader in food, environment, pharmaceutical and cosmetic product testing and in agroscience Contract Research Organisation services. It is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

In over 30 years, Eurofins has grown from one laboratory in Nantes, France to 58,000 staff across a decentralised and entrepreneurial network of 900 laboratories in over 54 countries. Eurofins companies offer a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.

Job Description

Eurofins Lancaster Laboratories, Inc.’s Marketing Team is looking for a Medical Device Services Portfolio Manager for the Medical Device Services business. Reporting to the Marketing Director, this results-oriented individual will have a strong understanding of the medical device category and be responsible for driving strategic initiatives from concept through commercialization.

 

Job Summary

In this role, you will be responsible for driving the development and execution of strategic initiatives from concept through commercialization. You will lead cross-functional teams—including technical, operations, marketing, sales, and regulatory in the development and execution of strategic and new service development projects that support the long-term vision of the Medical Device business. As a results-oriented individual, the portfolio manager will have a propensity for action to ensure successful launches and marketing commercially-focused marketing programs.

This position is accountable for projects and initiatives that drive the Medical Device Services’ key strategies and the success, including managing external business consultants and in-house resources for market analysis, voice of customer, and strategic initiatives to drive share of wallet, brand advocacy, and medical device podium position. The Portfolio Manager will identify and propose new business cases using market analysis and assessments in potential areas of opportunity to strengthen the portfolio strategy and marketing. He/She/They will maintain and grow the business through client interaction/management while ensuring milestones for existing offerings are met. Responsible for ensuring Medical Device Services’ budgeted profits and margins are met, working closely with pricing to optimize the medical device services business line.

Core Responsibilities

  • Act as a medical device services industry SME (Subject Matter Expert) to provide leadership and expert knowledge to create and drive development of category strategies and plans, and successful execution to deliver on strategic goals.
  • Lead cross-functional teams in the development and execution of strategic and new service/product development projects that support the long-term vision for medical device services.
  • Identifies/Develops new business cases via conducting market analysis and assessment in potential areas of opportunity to make recommendations for portfolio strategy, marketing/go-to-market strategy and service/product development.
  • Perform data analysis to inform business decisions, pricing and/or package decisions, forecast business results working with finance and utilizing Power BI and other digital platforms and resources.
  • Maintain a strong understanding of category financials including drivers of topline and bottom-line and works with the relevant teams and leadership to influence both drivers.
  • Pull insights from multiple sources and synthesize into a compelling story for the appropriate audiences (customers, target audiences, leadership, sales team, etc.).
  • Work closely with the sales teams, BU heads, technical SMEs, and other key stakeholders to address portfolio management and service delivery of the business, including the timely resolution of arising issues involving the right cross-functional teams.
  • Manage product portfolio and address needs to maintain the relevant value proposition.
  • Monitor the global marketplace and competitive landscape and collect business intelligence.
  • Establish and develop outside partnerships with organizations that can drive growth and protect base business.
  • Develop and maintain service offering performance claims.
  • Conduct VOC and market research to identify needs, determine market/product viability, market acceptance, and competitive price points.

Qualifications

Basic Minimum Qualifications

  • Bachelor’s degree, MBA preferred
  • 5+ years of related experience in the medical device industry and/or testing services
  • Excellent communication, attention to detail and organizational skills
  • Ability to work independently and as part of a team, self-motivation, adaptability, and positive attitude
  • Ability to travel approximately 20% of the time
  • Authorization to work in the United States indefinitely without restriction or sponsorship

The ideal candidates are:

  • Client centric, results-oriented professionals who create a track record of success.
  • Effective communicators who interpret information to create content to communicate results and recommendations to leadership and stakeholders.
  • Collaborative partners who lead and participate in cross-functional relationships to drive  marketing programs, portfolio lifecycle activities, and deliver on the medical device services strategic vision.
  • The right combination of self-starter and team player motivated by achievement and who enjoys working both independently and as part of a team.

Additional Information

The position is a remote or hybrid full-time role, with hybrid locations at Eurofins Medical Device Services or BioPharma Product Testing sites.

As a Eurofins employee, you will become part of a company that has received national recognition as a great place to work. We offer excellent full-time benefits including comprehensive medical coverage, life and disability insurance, 401(k) with company match, paid holidays and vacation, personal days, and dental and vision options.

Eurofins Lancaster Laboratories LLC is an Equal Employment Opportunity and Affirmative Action employer.

Eurofins USA BioPharma Services is a M/F, Disabled, and Veteran Equal Employment Opportunity and Affirmative Action employer.

Eurofins USA BioPharma Services is a M/F, Disabled, and Veteran Equal Employment Opportunity and Affirmative Action employer.

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Average salary estimate

$85000 / YEARLY (est.)
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$75000K
$95000K

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What You Should Know About Medical Device Services Portfolio Manager, Eurofins

Are you ready to take charge of the Medical Device Services Portfolio at Eurofins Lancaster Laboratories in beautiful Lancaster, Pennsylvania? We’re on the lookout for a talented Medical Device Services Portfolio Manager who is eager to drive strategic initiatives from the concept stage all the way to commercialization. In this exciting role, you'll lead cross-functional teams, working closely with technical experts, marketing gurus, and sales professionals to develop and apply innovative strategies that support the long-term vision for our medical device business. With at least five years of experience in the medical device industry or related testing services, you’ll take the reins to manage projects that enhance our portfolio and drive brand advocacy. You will be responsible for identifying new business opportunities through data analysis, market research, and customer interactions, all while ensuring we meet our profit and margin goals. Your ability to communicate effectively and your knack for detail will be crucial as you synthesize insights from various sources into compelling stories for stakeholders. At Eurofins, we value self-motivated individuals who are both team players and independent thinkers. Join us, and you’ll be welcomed into a company recognized nationally as an excellent place to work, with great benefits and a vibrant work culture. Let’s make life and our environment safer and healthier together!

Frequently Asked Questions (FAQs) for Medical Device Services Portfolio Manager Role at Eurofins
What are the key responsibilities of the Medical Device Services Portfolio Manager at Eurofins Lancaster Laboratories?

The Medical Device Services Portfolio Manager at Eurofins Lancaster Laboratories is responsible for driving strategic initiatives from concept through to commercialization. This role includes leading cross-functional teams in the development of new service offerings, conducting market analysis, managing product launch efforts, and ensuring profitable operations in the medical device sector.

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What qualifications are needed for the Medical Device Services Portfolio Manager position at Eurofins?

To qualify for the Medical Device Services Portfolio Manager role at Eurofins Lancaster Laboratories, candidates should possess at least a bachelor's degree, with an MBA preferred. Additionally, 5+ years of experience in the medical device industry or related testing services is required, along with strong communication skills and the capability to work independently and collaboratively.

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What does the Medical Device Services Portfolio Manager role at Eurofins involve regarding market analysis?

In the role of Medical Device Services Portfolio Manager at Eurofins, conducting market analysis is crucial for identifying new business opportunities, assessing market viability, and informing strategic initiatives. This position requires the candidate to analyze market trends, gather customer feedback, and utilize insights to strengthen the company's portfolio strategy.

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How does the Medical Device Services Portfolio Manager contribute to client engagement at Eurofins?

Client engagement is a significant part of the Medical Device Services Portfolio Manager's responsibilities at Eurofins. This role involves maintaining and growing client relationships, ensuring that the company meets milestone targets for existing offerings, and leveraging feedback to enhance service delivery and overall customer satisfaction.

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Are there opportunities for career growth as a Medical Device Services Portfolio Manager at Eurofins Lancaster Laboratories?

Yes, there are ample opportunities for career growth as a Medical Device Services Portfolio Manager at Eurofins Lancaster Laboratories. The role is designed for high-performing professionals aiming to make impactful contributions in the medical device sector, with pathways to expand responsibilities, take on leadership roles, and engage in continuous professional development.

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Common Interview Questions for Medical Device Services Portfolio Manager
Can you explain your experience in managing product portfolios, particularly in the medical device industry?

Be prepared to discuss specific examples of your past experience in the medical device industry, focusing on how you managed product portfolios. Highlight your strategic decision-making process, how you conducted market analysis, and the metrics you used to evaluate the success of your product strategies.

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How do you prioritize tasks and manage cross-functional teams?

When answering, share your approach to task prioritization and how you facilitate collaboration among different departments. Explain tools or methodologies you use to keep everyone aligned, ensure timely communication, and manage deadlines effectively.

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Describe a challenging project you led and what the results were.

In your response, outline a specific project, the challenges you faced, and the outcomes of your efforts. Focus on your role as a leader and the strategies you employed to navigate obstacles while achieving successful results.

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What strategies would you implement to identify new business opportunities in the medical device sector?

Discuss your approach to market research, customer insights, and competitive analysis. Emphasize your ability to analyze data and trends to identify gaps in the market, as well as how you utilize these insights to recommend business expansion opportunities.

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How do you ensure compliance with industry regulations while managing medical device services?

Highlight your knowledge of medical device regulations and standards. Provide examples of how you've ensured compliance in previous roles through diligent research, collaboration with regulatory teams, and the implementation of processes that adhere to legal requirements.

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What methods do you use to analyze market data effectively?

Talk about the data analysis tools and techniques you are familiar with, such as statistical software or dashboards like Power BI. Explain how you convert data into actionable insights that inform strategic decisions and marketing plans.

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Can you give an example of how you’ve driven marketing initiatives for a service or product?

Share an example that showcases your marketing skills, detailing the process from concept to execution. Discuss your role in defining the marketing strategy, collaborating with teams, and measuring the effectiveness of the initiative.

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How do you handle conflicts within cross-functional teams?

Explain your conflict resolution strategy, emphasizing open communication and active listening. Provide an example of a past situation where you successfully managed a conflict and maintained team cohesion.

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What tools do you utilize for project management and tracking progress?

Discuss the project management tools you have used, like Trello, Asana, or Microsoft Project. Share how you used these tools not only to track project progress but also to manage deadlines and team responsibilities.

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What do you believe are the key trends impacting the medical device industry today?

Research current trends in the medical device industry such as digital health, regulatory changing landscape, or patient-centered design. Share your understanding of these trends and how they could influence the strategic direction of Eurofins Medical Device Services.

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Full-time, hybrid
DATE POSTED
April 4, 2025

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