Portfolio Manager I

Avantor - Radnor, PA

Full-time - Director

Radnor, PA

Chemical Manufacturing

About the position

The Director Strategic Portfolio Management will define and manage our supplier product and service portfolio strategy, ensuring that the product portfolio meets customer needs and enhances Avantors value proposition. Collaboration is key: While the Strategic Portfolio Management team oversees the ongoing strategy for their portfolio the Strategic Sourcing team will negotiate the best commercial terms and the Marketing team will commercialize the products and services. Accountable for the long-term strategy, development, ongoing management, and financial performance of the Cell Culture Consumables product portfolio. Looking for a candidate with a strong background in 3D Cell Culture, Organoid development, and Spatial Biology as a plus.

Responsibilities

• Monitor key performance metrics (KPIs) such as revenue growth, profitability, market share to identify opportunities for mix-shift, product optimization and improvement.
• Develop and communicate the portfolio vision, strategy, and roadmap for Supplier & Avantor Proprietary brands based on market research, customer feedback, and business goals.
• Participate in relationship management with Strategic/Key suppliers and manage relationships with mid-tier suppliers.
• Manage the life-cycle of product portfolios and define and implement strategies for rationalization and/or replacement & conversion.
• Conduct market research and competitive analysis to understand customer needs, market trends, and competitive landscape.
• Define product requirements, plan development roadmap, and oversee the product development & introduction process for Supplier and Proprietary products.
• Manage pre-launch product management activities working closely with marketing and commercialization teams.
• Communicate product updates, progress, and decisions to stakeholders, soliciting feedback to inform product decisions.
• Serve as a product subject matter expert, advocating for the product vision and value proposition.

Requirements

• Strong background in 3D Cell Culture, Organoid development, and Spatial Biology.
• Ability to think strategically and align portfolio decisions with business goals and market opportunities.
• Strong understanding of market dynamics, customer needs, and competitive landscape.
• Proficiency in data analysis and interpretation to make informed decisions.
• Strong understanding of business operations and financial knowledge.
• Excellent verbal and written communication skills.
• Ability to collaborate effectively with cross-functional teams.
• Strong problem-solving abilities.
• Expert understanding of portfolio technologies, applications, and scientific workflows.

Nice-to-haves

• Experience in managing supplier relationships.
• Experience in product life-cycle management.
• Experience in market and competitive analysis.

Benefits

• Diverse, equitable and inclusive culture.
• Learning experiences to support career growth and success.