Product Manager

Build a career powered by innovations that matter!  At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what’s possible.  We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.

Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific.  Looking for a great place to work?  You have found it with a culture that embraces teamwork, collaboration and empowerment.  Come explore Novanta.

• Summary

The Product Manager is held responsible for a product or product group. Based on market needs and voice of customer, the employee develops product requirements, and actively manages the related portfolio from product idea until discontinuation, and develops all necessary documentation following PM-related regulative processes and sustaining activities.

Primary Responsibilities

• Retrieve and analyze feedback from customers٫ stakeholders and other teams to shape customer requirements٫ features and end products
• Accountability for revenue & gross margin for a product or product group
• Create product concepts, plans and roadmaps for next generation products, and build product strategies consistent with company vision
• Create and own NPVs and contribute to phase gate process
• Prepare and review product requirements documents
• Support Upstream / Marketing for Value Proposition, Pricing, Product Positioning and Mid-term Portfolio Strategy
• Collaborate with Upstream Marketing to build business cases for New Product Introduction
• Perform product validation in a laboratory and clinical setting
• Clinical indication and application knowledge in MIS
• Manage product changes and discontinuations with Key Account Management
• Coordinate cross-functional teams and collaborate with customers, upstream / marketing, sales and R&D
• Executing Product Lifecycle management and competition analysis
• Contribution and support of risk management process
• Coordination of sustaining activities and PM-related Regulatory Processes as Clinical Evaluation, Post Market Surveillance, Post Market Clinical Follow-up, Usability
• Act as a Medical product consultant

General Tasks

• Strict compliance with the quality, occupational safety and environmental regulations.
• Implementation of the instructions of the quality / environmental management representative and the occupational safety specialist.

Required Experience, Education, Skills, Training and Competencies

• Broad and deep functional experience. Typically acquired through 5 to 8 years of relevant work experience.
• Requires extensive research, in-depth knowledge and creativity.
• Requires that complex problems are anticipated, identified, defined and resolved.  Recommendations made by others are analyzed in order to solve issues bearing broad and long-term impact.
• Complex and varied problem-solving requires extensive diagnosis.  Incumbent acts as advisor to less-experienced personnel. Required to train others. Exercises primarily technical and some process leadership.
• Work requires advanced knowledge of several specific fields of knowledge related to one of the company’s major business functions or of customer’s business requirements, specialized knowledge of product design and process management methods is also needed.
   

Travel Requirements   

• Travel by public transportation including train and airplane on demand
• Passport for international travel (customer & internal meetings)
   

Physical Requirements

• Mobility to work in a standard office setting and to use standard office equipment, including a computer.

Pay Transparency

•  The salary for this role will range from $116,550 to $186,480 annually based on full-time employment. Salary offers are based on a wide range of factors including but not limited to location, relevant skills, training, experience, education, etc.
• • Certain roles may be eligible for performance-based incentive compensation and/or long-term incentives. Incentives could be discretionary or non-discretionary depending on the plan.
• • Novanta supports all aspects of your life’s needs. This position provides a full range of medical, financial, and other benefits to make your quality of life better.

*Include any other local law requirement disclosures.

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.