Director / Lead Product Management, OTC Pharmaceuticals

Company: Disability Solutions
Location: Princeton
Posted on: September 9, 2023

Job Description:

At Dr. Reddy's "Good Health Can't Wait" By joining Dr. Reddy's, you will contribute to making the breakthroughs of tomorrow a reality today! From making medicines more affordable to discovering innovative treatment options to satisfy unmet medical needs, we are dedicated to helping people lead longer and healthier lives. We are seeking dynamic and energetic individuals ready to inspire, ready to make a difference for their community and every community. Diversity, Equity & Inclusion At Dr. Reddy's, we are deeply committed to building a diverse, equitable and inclusive workplace where everyone belongs and is valued for their contributions to the team. We are most interested in finding the best candidate for the role and are open to exploring candidates with a less traditional background. Purpose: We are looking for an ambitious and energetic individual to join our team as Lead Product Management, OTC to manage the product lifecycle and portfolio of our OTC products; develop marketing and promotional plans; and execute pricing strategies and retailer-initiated marketing programs. The incumbent will regularly research the market for business opportunities; plan and monitor budgets and track sales targets. Based in Princeton, NJ (Hybrid work schedule), the role will report to Team Lead OTC Store Brands Marketing Responsibilities:--- Interact with Sales/customers to understand demand drivers and product inputs. Develop market pricing strategy for all OTC products to ensure fiscal targets are achieved and retailer-specific pricing models are successfully developed --- Gather information on products, customers, and competitors; track market shares and pricing trends and provide market intelligence to relevant teams --- Prepare launch strategies for new product launches: annual plans highlighting financial and revenue projections; forecasts to Supply Chain team; identify new customers/territories to target and establish market share based on target customers; pricing strategies to achieve fiscal targets--- Provide inputs on new products/markets and participate in discussions on prioritization when needed; monitor market for pending Rx-to OTC-switches--- Prepare promotional materials, customer presentations, and merchandising aids to support the sales team for critical customers to ensure that marketing materials for all products and retailer-initiated marketing programs are per planned timelines and budgets Qualifications / Skills:--- Bachelor's degree in marketing (MBA preferred) with 5-10 years of CPG experience in the pharmaceutical industry; OTC experience preferred--- Understanding of the OTC pharmaceuticals industry--- Understanding of retailer business / distribution process --- Strong interpersonal, negotiation & networking skills --- Ability to prioritize and manage multiple projects --- Strong business acumen with strong analytical mindset--- Organizationally aware and agileMust be a U.S. citizen or lawful permanent resident of U.S. or otherwise authorized to work in the U.S. without requiring sponsorship now or in the future.COVID-19 VaccinationGetting vaccinated remains the most effective way to halt the spread of the COVID-19 pandemic, and Dr. Reddy's encourages all employees to be vaccinated. At this time, vaccinations are not mandated for Princeton-based employees but may become required in the future. Equal Opportunity Employer: An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Keywords: Disability Solutions, Trenton , Director / Lead Product Management, OTC Pharmaceuticals, Executive , Princeton, New Jersey