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We are looking for a Product Manager to develop implement and maintain longterm strategies for highpotential products in our current and future portfolio aiming to maximize market share and profitability through strategic planning and execution.
Roles & Responsibilities
You will be responsible for conducting an indepth evaluation of the competitive landscape and identifying source of growth for assigned brands. This involves defining key success factors and requirements necessary for a successful perception building for brands handled in covered therapy areas.
You will define the commercial strategy for the product early on including market access strategy and plan and creating marketing materials.
Your role includes supporting countries in generating local market access if required and executing market research activities to evaluate market potential and strategies.
You will also identify and mitigate potential hurdles threats and risks both at the front end and back end.
You will ensure crossfunctional alignment on forecasts product volume capacity requirements and launch preparation including recommendations for longterm productspecific capacity investments.
You will be accountable for the products profit and loss (P&L) including profitability calculation reflecting productspecific sales and marketing costs and other investments before and after handing over to markets.
Your role includes defining and monitoring the life cycle management strategy with development teams and optimizing product allocation for products under supply constraints.
Your responsibilities extend to portfolio optimization and rationalization involving commercial growth strategies portfolio rationalization and conducting indepth costing analysis and improvement strategies to enhance overall performance.
Qualifications :
Educational qualification: B.Pharm./M.Pharm. and MBA
Minimum work experience: 24 years of experience in Brand Management
Skills & attributes:
Technical Skills
Proficiency in managing and coordinating development projects from initiation to completion including setting project goals timelines resource allocation and risk management.
Experience in preparing for new product launches including market analysis competitor research launch strategy development and coordination with various departments to ensure successful market entry.
Expertise in overseeing the entire lifecycle of commercial products including product planning pricing positioning and promotion to maximize profitability and market share.
Experience in understanding market research including market trends customer preferences and competitor activities for strategic decisionmaking.
Knowledge of market access strategies and marketing tactics to ensure products are accessible to target markets and effectively promoted to healthcare providers payers and patients.
Proficiency in sales and marketing strategies including customer relationship management lead generation sales forecasting promotional campaigns and sales performance analysis.
Behavioural skills
Ability to collaborate effectively with crossfunctional teams including R&D marketing sales finance and regulatory affairs to achieve project objectives and deliver end to end results.
Strong leadership and communication skills with the ability to influence stakeholders at all levels.
Critical thinking and problemsolving skills for investigations and process optimization.
Strong strategic thinking and decisionmaking skills.
Attention to detail and ability to multitask in a fastpaced environment.
Additional Information :
About the Department
Global Manufacturing Organisation (GMO)
At Dr. Reddys Laboratories we are dedicated to making a meaningful impact on global healthcare through precision manufacturing and innovation. With a legacy of excellence we are a leading force in the pharmaceutical industry.
We operate 19 stateoftheart manufacturing plants across Hyderabad Vizag Baddi Mexico Shreveport and Mirfield comprising 8 OSD facilities 3 Injectables facilities and 8 API facilities.
Benchmarking manufacturing processes and continuous operational excellence are at the core of our capability to deliver quality medicines to our patients in 66 countries. We manufacture a portfolio of complex APIs and 1150 drug master files across key therapy areas such as Oncology Cardiovascular Central Nervous System and AntiDiabetes. he World Economic Forum has recognised our largest manufacturing facility in Bachupally Hyderabad as part of its Global Lighthouse Network. We aspire to be the most efficient pharma operations in the world. Our productivity improvement and digitalisation efforts are key to staying competitive meeting business imperatives and meeting our ambitious ESG goals. Building such factories of the future is integral to innovation and to build healthcare of the future.
Benefits Offered
At Dr. Reddys we actively help to catalyse your career growth and professional development through personalised learning programs.
The benefits you will enjoy at Dr. Reddys are on par with the best industry standards. They include among other things and other essential equipment joining & relocation support family support (Maternity & Paternity benefits) learning and development opportunities medical coverage for yourself and your family life coverage for yourself.
Our Work Culture
Ask any employee at Dr. Reddys why they come to work every day and theyll say because Good Health Cant Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations but as a means to help patients lead healthier lives and were always attuned to the new and the next to empower people to stay fit. And to do this we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system they can make magic.
For more details please visit our career website at !/
Remote Work :
No
Employment Type :
Fulltime
Full-time