Product Manager

Company Description

Treace’s mission is to be the leader in the surgical treatment of bunions by establishing the Lapiplasty® System as the standard of care. We are committed to operating our business with the highest standards of ethical conduct. We intend to exceed our customers’ expectations through an innovation-driven, high-velocity approach to solving treatment and surgical problems. With our products and services, our mission is to assist foot and ankle surgeons in improving patient outcomes and reducing healthcare costs, while providing rewarding experiences and opportunities for our employees and stakeholders.

Job Description

As the Product Manager, you will be responsible to plan, implement, and control all upstream and downstream marketing related aspects of the company’s products from conceptual stages through product life cycles to meet marketing, financial and corporate growth objectives. This includes both long-range strategic planning and short-term tactical execution. You will be expected to achieve acceptable growth rates in the product line by bringing innovative new products to market, by maintaining strong relationships with foot and ankle key opinion leaders, and by actively supporting the field sales force. 

This position influences research and development priorities and projects, research requirements, as well as manufacturing operations. You will prioritize activities and allocate resources for greatest effectiveness, as well as face abstract and conceptual problems.

A keen ability to create and analyze market trends is required. You will sense customer needs based on routine field work, surgeon advisor input, prior experiences, input from colleagues, and analysis of market and trend data. 

Key responsibilities of the Product Manager role:

• Develops comprehensive plans for bringing major new products to market. 

• Drives the product commercialization strategy and effort 

• Develops positioning strategies for new and existing products 

• Actively seeks out, validates, and defines new product concepts for development 

• Works collaboratively with R&D and surgeon designers to organize and execute productive product development meeting events 

• Develops in-depth clinical knowledge of areas of interest 

• Conducts market research and identifies and tracks market trends 

• Provides continuing product surveillance of established product to satisfy customer needs 

• Collaborates with a wide variety of functional areas such as R&D, Quality, Regulatory, Legal, Manufacturing, and Operations to develop and provide product definitions responsive to customer needs and market opportunities 

• Responsible for managing exhibits & tradeshows, advertising efforts, and working with graphics / ad firms to produce marketing-related collaterals for the business 

• Analyzes product line performance from both a quantitative and qualitative standpoint to determine which products should be discontinued 

• Develop short term and long-range sales budgets for the product line.  Maintains ongoing awareness of performance to budget and takes corrective action as needed to ensure acceptable profitability 

• Seeks out, develops, and maintains strong corporate relationships with key physicians. 

• Conducts product training for field sales force 

• Supports planning and execution of medical education events as required to drive product adoption 

Qualifications

• Five (5) or more years of successful product management experience in a medical device company (orthopedics experience preferred, but not required) with demonstrated progressive levels of accomplishment.  

• Bachelor’s Degree or MBA (preferred) 

Additional Information

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