Product Manager - Interventional at Cretex Medical Component and Device Technologies

Posted in Other 11 days ago.

Location: Brooklyn Park, Minnesota





Job Description:

Overview




About Cretex Medical



Cretex Medical is a leading contract manufacturer of precision components and assemblies for the medical device industry. Our customers view us as a trusted partner in the areas of injection molding, laser processing, metal stamping and device assembly. Learn more at www.cretexmedical.com.



Product Manager Position Summary


The Product Manager at Cretex Medical plays a pivotal role in driving growth within our Interventional market through a strategic and technical approach. This position involves close collaboration with the commercial team to identify business opportunities within the this market platform, while also developing and refining value propositions. The Product Manager works directly with New Product Development (NPD), New Product Introduction (NPI) and Program Managers to ensure optimal execution. A key responsibility is developing the product roadmap, which includes fostering innovation and staying ahead of technological trends, material advancements, and potential disruptors in the industry.


Success in this role requires deep alignment with the commercial team, ensuring a comprehensive understanding of the competitive landscape, addressable markets, and how these factors influence product development and pricing strategies. The Product Manager is expected to identify gaps in technical capabilities and work with the technical team to advance Cretex technical prowess, ensuring Cretex remains competitive and innovative within its business segment. The area of focus for this specific role is the Interventional market which can consist of peripheral vascular, neurovascular, structural heart, and other such segments. Understanding of the therapies and devices in this market is essential.

Responsibilities




Duties and Responsibilities

  • Leads the generation and execution of product strategies for multiple products or a product line, ensuring alignment with the company's business goals
  • Recruit, hire and lead Product Engineers to focus on assigned products, markets or materials
  • Develop business cases for identified opportunities, including revenue potential, market risks, technical needs and processing requirements, and collaborate with engineering, sales, and business leaders to develop ROI estimates for recommended product/service proposals
  • Develop product and service offerings through ideation of technology improvements, processing methods, and materials to enhance functional benefit to customers products in the market of focus
  • Collaborate with NPD, NPI, Sales, Marketing, Program Management, Finance, Operations and Quality to identify, select and develop scalable process technologies that contribute toward optimizing production flow for maximum quality, reliability and other key performance metrics
  • Facilitate technical discussions and support customer interactions for larger scale opportunities representing Cretex Medical in a professional manner
  • Work with customers from design concept through production to identify capital equipment and develop robust scalable methods to achieve volume and cost targets
  • Contribute as a thought leader and subject matter expert of product market, product materials, product functions and clinical needs of assigned market segment. process technologies, product composition & materials performance
  • Support the go to market approach for business segment of focus by collaborating on marketing efforts around this business segment. This could be website collateral, social media content, trade show attendance
  • Work with sales team and operations planning to ensure revenue and profit goals are achieved with a mindset of continuous improvement and growth while meeting customer expectations on costs
  • Establish relationships with key suppliers and trade partners to ensure continuity of supply and long-term mutual business benefits
  • Support sales efforts through trade show participation, technical visits and other efforts to assist the growth of product
  • Understand and communicate the competitive landscape in this market. Monitor and report on competitive activity and pricing
  • Understand customer needs and the core business markets we serve




Requirements
  • Bachelor's Degree in Engineering, Business or Marketing, or a related field, or equivalent experience
  • Minimum of five years of product management or marketing experience with preference given to relevant experience in the assigned segment
  • Strong communication skills, both oral and written, with the ability to influence various stakeholders, including key external decision makers
  • Possesses basic clinical and regulatory knowledge in the assigned segment
  • Ability to understand and develop reports on market trends and strategic planning
  • Multitasks, prioritizes and meets deadlines in timely manner
  • Strong organizational and follow-up skills, as well as attention to detail
  • Ability to consistently achieve short and long term business results and prioritize work and manage multiple tasks when needed
  • Ability to follow through on commitments and holds team members accountable
  • Good attention to detail; communicaiton skills and problem solving skills
  • Ability to use Microsoft Office (Word/Excel/PowerPoint) and ERP and other business-related systems
  • Ability to travel up to 30%




Preferred Knowledge, Skills and Abilities
  • Continuing Education; including participation in local chapters, associations, and/or organizations


Qualifications




What is it like to work at Cretex Medical?



We recognize the contribution of every individual and promote growth, safety and security for all our employees. Cretex Medical values performance and pays competitive wages along with a rich benefit package. We offer a positive work environment with a focus on continuous improvement.


Here are some of things that employees have said about working for Cretex Medical:


"The culture at Cretex is collaborative. Everyone here is willing to help you whether it is a director, a machinist, or your boss. Everyone is always willing to help you figure out a project and get it done right."


"I would tell potential interns that Cretex is a great company to work for. It has set a high bar for corporate culture as well as the quality of work you can do. I would definitely recommend it."


"I learned that I really like the medical device industry. The importance and the gravity of what we do here is felt by the employees. You can have that passion in your work because you know what you are striving for is to save lives."


We encourage you to explore the many opportunities Cretex Medical can offer you as a valued team member.



Company Benefits



Cretex Medical offers a full benefit package to its employees. Benefits include medical, dental, vision and life insurance options. Cretex Medical also offers a 401(k)-retirement plan with employer match, profit sharing, short- and long-term disability insurance, paid time off and holiday pay.


Cretex Medical also offers company-specific benefits, such as:

  • Employee Appreciation events
  • Volunteer Opportunities
  • Training and Development opportunities
  • Tuition Reimbursement



Applicants will receive consideration for employment regardless of their race, color, creed, religion, national origin, sex, sexual orientation, gender identity, disability, age, veteran status, marital status, family status, status with regard to public assistance, or any other protected status as required by law.


Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.
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