Senior Product Manager, Bioactive Ingredient Product Management Position Available In Durham, North Carolina

Job Description:

ABOUT THE

ROLEBe a part of changing the future of health! TheSenior Manager of Bioactive Ingredient Product Management willdevelop, lead, and deliver the business initiatives and innovationstrategy for our bioactive products with the goal of driving newproduct development, strategy, customer related opportunities, andoperational improvement projects.

Key responsibilities includemanaging and directing the development of the Bioactives business,with an aim to manage the profitability of the existing products,and identify new markets and execute on opportunities to growfuture business.

Reporting to the Chief Commercial Officer, theSenior Manager of Bioactive Product Management, is a key linkbetween supporting existing business and developing future growth.

This role is critical to Brightseed’s growth and will work in crossfunctional teams to include R D, operations, finance, and thecommercial team to deliver on key elements of the strategy.

THEIMPACT YOU WILL MAKE

Define and maintain target product profile for all developingBioactives, designing the most commercially desirable, sellable andprofitable products. Determine target claims and positioning,functional profile, customer segmentation and pricing. Project manage Bioactive Ingredient work streams from inceptionto launch through Phase Gates, working with a highlycross-functional team and making key decisions along the way. Determine optimal market access strategy (global rollout) foreach product to deliver speed to market, maximize revenue andprofit. Identify and define new products and line extensions that willgrow the Bioactives business by leveraging deep market knowledge ofthe Bioactives business from a customer, consumer and competitivestandpoint. Determine competitive landscape and track key competitiveactivity in partnership with insights. Develop robust projections and forecasts to guide and measurebusiness performance including ingredient demand and product aswell as sales revenue. Partner with sales and engage directly with customers as theproduct expert to support customer success, product adoption anddemand for Brightseed Bioactives innovation. Shape, inform, and drive development of customer prototypes anddemonstration products that drive demand, demonstrate capabilityand accelerate product adoption.

THE EXPERIENCE YOU WILL NEED

Bachelor’s degree in Business, Marketing, Food/NutritionSciences, or other related field; MBA is preferred. 5 – 7 years of specific product management experience. B2B Ingredients experience is essential. Health product orhealth ingredient experience would also be a big plus. Food, beverage and supplement sector expertise, includingstrong understanding of ingredients and innovation processes andapplications. Proven track record of working with other departments tofacilitate delivery of innovation, customer collaboration andoperational improvement projects. Expertise in analyzing, scoping and forecasting opportunitiesand options to define and key strategies to grow and optimizebusiness. Effective collaboration with sales to generate and updaterevenue forecasts. Financial acumen to develop and maintain demand and productionforecasts for all in-market and commercializing product. Significant experience in customer engagement and customerproject facilitation. Strong entrepreneurial ability and willingness to build aConsumer & Market Insights structure in a rapidly evolvingcompany. Ability to partner effectively across functions and act as athought partner to key stakeholders across a rapidly growingorganization, as well as develop and manage a team with urgency todeliver against multi priorities and tight timelines.

PHYSICALREQUIREMENTS

Prolonged periods of sitting at a desk and working on acomputer. Must be able to lift up to 15 pounds at time.

COMPENSATION

The salary range for this position is $150,000 – $170,000. Compensation for this position is commensurate with relevantqualifications and work experience, academic credentials, jobrelated skills, employment location and other factors. More senior candidates are strongly encouraged to apply. #J-18808-Ljbffr