Patterson Companies, Inc.
The Patterson Brands Portfolio Manager drives growth for Patterson's owned entities by managing an upstream product portfolio. This role defines and executes a pipeline of differentiated solutions using analytics, financial acumen, and market expertise to prioritize areas of opportunity and growth. The Portfolio Manager identifies new opportunities, sets the vision and scope for products and works cross-functionally for successful implementation.
Essential Functions
Manage the portfolio of Patterson’s House Brands within a defined business segment by reviewing current offerings against market needs, dynamics, and opportunitiesDefine and interpret analytics to identify opportunity spaces, using both internal and external data to identify largest opportunities and define product/equipment specifications for successProvide recommendations on opportunity spaces for potential acquisitions into the portfolioDevelop business cases for new offerings and make recommendations on product implementation (e.g., source, build, or buy) based on market insightsIntegrate input from internal subject matter experts, including procurement, supply chain, and business teams, to define specifications and build consensus for launch offeringsPartner with marketing teams to leverage marketing campaigns and grow the house brandsMeet with current and new vendors and conduct business reviews; create and review vendor agreementsDrive annual growth of the Patterson brand line ahead of market trends and simultaneously increase overall margins; develop KPI’s for success (e.g., robust profitable pipeline, on-time launch, increased market penetration)Optimize pricing strategies for new and existing offerings; meet financial and growth plans by setting appropriate profit and sales objectivesCreate stage-gate materials and materials for key meetings such as annual sales meeting, new item presentation meetingsComply with Company and department policies and standards; performs other duties as assigned
Additional Responsibilities
Develops and manages KPI’s for success: (robust profitable pipeline, on time launch, increased market penetration of Patterson brands)
Minimum Requirements
Bachelor's Degree in Business Administration, Marketing, or related field or equivalent education and/or experience7 years Leadership experience within a management consulting or marketing innovation team
Preferred Requirements
Master's Degree7 years experience in upstream marketing and product management7 years Experience in computer programming, financial modeling or market research
Skills and Abilities
Ability to make strategic and timely decisions and demonstrate good judgmentExceptional analytical skills to synthesize complex data from multiple sources into actionable insights that drive informed decisions and measurable outcomesAwareness of the competitive market to identify trends and staying abreast of competitor's product selection strategiesExcellent communication skills both written and verbalDemonstrates strong executive presence and influence across senior stakeholdersAbility to confidently communicate with influence while adapting communication style and content based upon audience level, style, and situationAbility to present to both large and small groups in varying settings (team initiatives, offsite events, forums, etc.)Ability to approach portfolio development from a creative, strategic, commercial, and analytical perspectiveAbility to quickly influence and establish relationships, gain credibility, trust and respect with peers, executives and brand partnersAbility to develop category/brand strategiesAdept at targeting, analyzing, and executing upon M&A opportunities aligned with our strategic imperatives.
Travel Requirements
Ability to travel up 40% of the time
Physical and Cognitive Demands
Communicate/Hearing FrequentlyCommunicate/Talking FrequentlyLearn New Tasks or Concepts FrequentlyMake Timely Decisions in the Context of a Workflow FrequentlyComplete Tasks Independently ConstantlyMaintain Focus ConstantlyRemember Processes & Procedures ConstantlyStationary Position (Seated) ConstantlyVision Constantly
This person must be located within a commutable distance to Mendota Heights, MN or Loveland, CO. This will be 2 days in the office hybrid model.
The potential compensation range for this role is below. The final offer amount would be based on various factors such as candidate location (geographical labor market), experience, and skills. $120,200.00 - $150,300.00