Product Manager - Interventional - Cretex Medical Component and Device Technologies

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 segm