Sr. Product Development Manager, Private Label

McKesson; United States; Hybrid; USD 120,000 - 165,000; Full time

Job summary

McKesson in Richmond, VA, seeks a Sr. Product Development Manager for Private Label to lead end-to-end development from concept to market launch.

You will drive portfolio strategy, partner with cross-functional teams, and steer products through compliant, timely launches. The role requires deep healthcare/medical device development experience, strong customer insight, andAbility to balance competing priorities while meeting deadlines; hybrid work arrangement with in-office presence several days

Qualifications

• 7+ years of relevant product development experience.
• Healthcare and medical device product development experience preferred.
• Customer-centric with capability of translating user needs into new product concepts.
• Ability to balance multiple priorities and perform under tight deadlines.

Responsibilities

• Act as PM for McKesson Brands, developing and executing commercial strategies that support growth.
• New product ideation, analysis, and business case development; assess market needs and translate to product requirements.
• Lead cross-functional product development; gather requirements and align on product vision with stakeholders.
• Create and maintain a product roadmap, prioritizing features based on customer value.
• Manage portfolio/funnel to align with brand strategy and optimize financial value.
• Collaborate with Sourcing, QA, Brand Management, Supply Chain, Sales, Finance, Legal and Compliance to launch on time.

Skills

Product development

Healthcare experience

Cross-functional collaboration

Regulatory/compliance

Education

Degree or equivalent

Job description

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve - we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow's health today, we want to hear from you.

Sr. Product Development Manager, Private Label

Location: Richmond, VA, USA - 9954 Mayland Drive - hybrid-2-3 times in office. No remote offered currently. May consider those outside of Richmond, but, relocation currently not offered

Competitive base pay, benefits, bonus program

Position Overview:

The Medical Surgical Brands Product Development Manager is responsible for leading the development and enhancement of medical and healthcare products, taking them from initial concept to successful market launch. This role involves managing cross-functional teams, collaborating with stakeholders, and ensuring that product development aligns with McKesson Brand's strategic objectives. The Product Development Manager will drive innovation, understand customer needs and pain points and devise effective solutions, manage timelines, and oversee product life cycles to deliver high-quality products to the portfolio.

Key Responsibilities:

• Product Ownership: Act as the "mini-GM" for assigned categories, developing and executing commercial strategies that support and drive growth of the business. Act as key point-of-contact for other stakeholders and drive initiatives that support category objectives
• New product ideation, analysis, and concept sell-in business case development. Develop and assess new McKesson Brands product ideas by understanding customer needs and pain points, translating customer needs to technical product requirements to ensure feasibility and alignment with customer expectations, reviewing current market landscape, researching competitive offerings (attributes/benefits, pricing strategy, volume sold, channels), and gaining insights from market data, sales reps, customers, and suppliers. Build comprehensive business cases to internally sell-in new product concepts and gain alignment from key stakeholders.
• New product development . Serve as project lead for McKesson Brands new product development activities. Communicate with internal and external stakeholders to gather requirements, provide updates and align on product vision. Collaborate regularly with Sourcing, Quality Assurance, Brand Management, Supply Chain Management, National Brand Category Management, Sales, Product Marketing, Finance, Suppliers, Legal and Compliance to ensure new products are developed and launched on time.
• Product roadmap . Create and maintain a product roadmap, prioritizing features and improvements based on customer feedback and business value.
• Portfolio and funnel management . Manage existing product portfolio in accordance with McKesson Brands strategy and in partnership with the national brand strategy. Explore opportunities to rationalize the portfolio, making sure each product meets our customers' needs and generates optimal financial value to the organization.
• Support Organic Growth : Collaborate with the commercialization team and other stakeholders to develop and drive organic growth opportunities including but not limited to enhanced product positioning, coordinated sales and marketing efforts, new cust omer RFPs, and other growth initiatives
• Partnering with Sourcing. Collaborate with the sourcing team to support supplier selection and facilitate the transition of products between suppliers, ensuring adherence to and compliance with both product and regulatory requirements.

Minimum Requirements

• Degree or equivalent and typically requires 7+ years of relevant experience.

Critical Qualifications:

• Experience in product development in finished goods from concept development to successful product launch; healthcare and medical device product development experience preferred.
• Customer-centric with capability of translating user needs into new product concepts.
• Ability to think strategically while managing the tactical execution.
• Ability to effectively collaborate with a range of counterparts including Sourcing, Category Management, Finance, Legal, Supply Chain Management, Product Marketing and Sales.
• Ability to balance multiple priorities and perform under tight deadlines.
• Solid understanding of supply chain operations and financial profitability levers.
• Ability to work in a regulated environment and adherence to quality and regulatory landscape.
• Ability to work in an ambiguous environment with ongoing change

Additional Skills and Qualifications

• Innovative mindset with a passion for creating new pro