Job Description

HTI is assisting a large pharmaceutical manufacturing company in the Newark, NJ area with their search for an experienced Product Manager/Demand Planner . This is a full-time, direct hire, hybrid position with the ability to work remotely 2 days per week. The salary range is approximately $110,000 - $140,000 / year, depending on experience and education.

This company offers a fun, collaborative work environment, fantastic benefits, and opportunities for growth! Relocation assistance is available for qualified candidates located in the continental U.S.

Requirements:

• Bachelor’s degree i n Business, Finance, Supply Chain or a similar major. Master’s degree or MBA is a plus.
• 7 or more years of recent experience in a Product Management/Commercial Demand Planning role within the pharmaceutical manufacturing industry with responsibility for the job duties listed below.
• Strong background in product launch planning, commercial and competitive analysis, statistical software, forecasting techniques, and pharmaceutical supply chain demand planning.
• Experience utilizing pharma industry databases, including IQVIA, ProspectoRx, First Databank, and FDA Orange Book.
• Knowledge of FDA regulatory requirements .
• Advanced Excel and PowerPoint skills; ERP system experience (Oracle, SAP or similar)
• Must be authorized to work in the U.S. without visa sponsorship, both now and in the future .

Job Summary:

Provide product management, modeling and commercial analysis to support product development and life cycle management. This role will manage product forecasting, demand planning, competitive analytics, reporting, and product launch coordination. This team member’s strategic forecasting and planning skills will be instrumental in optimizing inventory levels, minimizing costs, and supporting the company’s overall strategic goals.

Job duties include:

Product Management

• Conduct product forecasting/modeling for all commercial products, which supports business case development, demand planning, manufacturing readiness, and financial budgeting.
• Provide commercial business insights and reporting to support growth and commercial execution, including competitive and market share analysis, business and competitive intelligence reporting, product performance and ad hoc.
• Support and coordinate the execution of new product launch plans.
• Support business development modeling and modeling for new product targets.
• Responsible for performing commercial analytics, insight generation and competitive analysis.
• Contribute to financial quarterly planning cycle, including owning commercial re-forecasting models and supporting portfolio sales economics.
• Provide overall analysis of company revenue and provide support for the finance and leadership teams in understanding portfolio changes, including those driven by the outside commercial team (BD, R&D, etc.).
• Support the development of marketing materials for existing and new product launches, including sell sheets, product catalog, PR, advertising, podium, white papers, etc.
• Support commercial and market assessments to drive execution of new product launches and achieve product targets.
• Support the management and reporting of pipeline postmortem and launch success tracking.
• Coordinate with the finance team to deliver ad hoc analysis.

Demand Planning:

• Utilize statistical models, market analysis, and historical data to forecast demand for pharmaceutical products (new and existing) across different regions and markets.
• Work closely with inventory management teams to maintain optimal stock levels, ensuring that shortages and excesses are minimized.
• Partner with sales, marketing, and production teams to gather relevant data and insights that inform demand forecasts and inventory planning.
• Develop demand forecasts for new product launches, considering factors such as market potential, regulatory timelines, and competitor analysis.
• Identify potential risks to supply chain operations, such as supplier delays or regulatory changes, and develop contingency plans to mitigate these risks.
• Monitor forecast accuracy and key performance indicators (KPIs) to continuously improve forecasting models and processes.

Benefits include:

• Medical, dental and vision coverage
• 401K with company match
• Progressive PTO plan
• Hybrid work schedule

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