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Medical Device Services Portfolio Manager

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

$105000 / YEARLY (est.)
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$90000K
$120000K

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

Are you ready to take on an exciting challenge as a Medical Device Services Portfolio Manager at Eurofins Scientific in Lancaster, PA? We're looking for someone who is not just knowledgeable about the medical device industry but is also passionate about bringing strategic initiatives to life. In this pivotal role, you will lead cross-functional teams that include technical, operations, marketing, sales, and regulatory experts to ensure the successful launch of our medical device services. Your insights will be instrumental in developing new business cases through market analysis and assessments, helping to identify opportunities that will enhance our portfolio strategy. You'll enjoy a collaborative environment where your action-oriented mindset can shine as you drive marketing programs focused on achieving commercial success. Additionally, you will have the chance to maintain strong relationships with clients, ensuring milestones are met while optimizing our services for profitability. The ideal candidate will be someone who thrives in a dynamic setting and aims for results while engaging with diverse teams. Plus, you'll be joining a company that's recognized as a great place to work, offering an array of benefits to support your professional growth and well-being. So, if you’re ready to make a significant impact in the medical device sector and help shape the future of healthcare with Eurofins, we want to hear from you!

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 Scientific?

As a Medical Device Services Portfolio Manager at Eurofins Scientific, you will drive strategic initiatives from concept through commercialization, lead cross-functional teams, conduct market analyses, identify new business cases, and ensure successful launches of medical device services. Your role is crucial in managing projects that align with the business's long-term vision and initiatives, ensuring that the needs of clients and the market are met.

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

To qualify for the Medical Device Services Portfolio Manager role at Eurofins Scientific, you should possess at least a Bachelor's degree (preferably an MBA) and a minimum of 5 years of experience within the medical device or testing services industry. Excellent communication skills, attention to detail, and the ability to work both independently and collaboratively are essential for success in this position.

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What type of projects would a Medical Device Services Portfolio Manager at Eurofins manage?

In this role at Eurofins, you will manage a variety of projects that may include the development of new medical device service offerings, execution of marketing programs, and cross-functional initiatives. You'll be identifying trends through market analysis and leading teams to ensure project milestones are achieved and aligned with strategic goals.

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What kind of work environment can a Medical Device Services Portfolio Manager expect at Eurofins Scientific?

At Eurofins Scientific, the Medical Device Services Portfolio Manager can look forward to a dynamic and collaborative work environment, whether remote or hybrid. You'll work closely with various teams across the organization to influence project outcomes and drive results, all while being part of a company that values its employees and fosters professional growth.

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Is travel required for the Medical Device Services Portfolio Manager role at Eurofins?

Yes, as a Medical Device Services Portfolio Manager at Eurofins Scientific, you can expect to travel approximately 20% of the time. This travel may involve meeting with clients, attending industry conferences, or collaborating with other Eurofins locations to enhance service offerings.

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Common Interview Questions for Medical Device Services Portfolio Manager
Can you describe your experience in the medical device industry?

Highlight specific roles you've held, your contributions to projects, and how your background has prepared you for the Medical Device Services Portfolio Manager position. Include any achievements that demonstrate your ability to drive strategic initiatives.

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How do you approach developing market analyses for new product opportunities?

Discuss your methodology for conducting market analyses, how you identify trends, and what tools or resources you utilize. Providing a real-life example can effectively showcase your analytical skills.

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How do you prioritize projects when managing a diverse portfolio?

Explain your criteria for project prioritization, such as aligning with business strategy, resource availability, and market demand. Highlight your ability to adapt to changing circumstances and maintain flexibility.

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Can you give an example of how you've led a cross-functional team?

Detail a specific project where you facilitated collaboration among different departments. Emphasize the challenges faced, how you resolved them, and the successful outcomes that resulted from the teamwork.

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What strategies do you use for effective client management?

Discuss your relationship-building skills, any methodologies for gathering client feedback, and how you ensure their needs are met while strengthening the business relationship.

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How do you assess the success of a service launch?

Explain the metrics and KPIs you consider for evaluating a service launch, such as market response, client feedback, financial performance, and alignment with strategic goals.

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What tools do you use for data analysis in your role?

Mention specific tools like Power BI or other data analytics platforms. Discuss how you interpret this data to inform business decisions related to product development and marketing strategies.

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How do you stay updated on trends in the medical device industry?

Share your approach to ongoing professional development, such as attending industry conferences, networking with peers, and following relevant publications or research. This shows your commitment to staying knowledgeable in the field.

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What is your experience with pricing strategies for services?

Discuss your previous roles involving pricing decisions, how you’ve analyzed competitors, and the factors you consider when optimizing pricing to balance profitability and market competitiveness.

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What motivates you to succeed in a fast-paced environment?

Reflect on your personal drivers, whether it’s achieving targets, the joy of problem-solving, or collaboration with a team. Be specific about what excites you about the Medical Device Services Portfolio Manager position.

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Full-time, hybrid
DATE POSTED
March 22, 2025

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