Portfolio Manager

Patterson isn't just a place to work, it's a partner that cares about your success.

One of the distinguishing marks of our company is the talented people who embrace the people-first, always advancing, and results-driven culture. Professional growth abounds in this motivating environment. We value the diverse talents and experiences our employees bring to Patterson and believe that they build a stronger and successful organization.

Job Description:

The 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 opportunities
• Define and interpret analytics to identify opportunity spaces, using both internal and external data to identify largest opportunities and define product/equipment specifications for success
• Provide recommendations on opportunity spaces for potential acquisitions into the portfolio
• Develop business cases for new offerings and make recommendations on product implementation (e.g., source, build, or buy) based on market insights
• Integrate input from internal subject matter experts, including procurement, supply chain, and business teams, to define specifications and build consensus for launch offerings
• Partner with marketing teams to leverage marketing campaigns and grow the house brands
• Meet with current and new vendors and conduct business reviews; create and review vendor agreements
• Drive 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 objectives
• Create stage-gate materials and materials for key meetings such as annual sales meeting, new item presentation meetings
• Comply 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 experience
• 7 years Leadership experience within a management consulting or marketing innovation team

Preferred Requirements

• Master's Degree
• 7 years experience in upstream marketing and product management
• 7 years Experience in computer programming, financial modeling or market research

Skills and Abilities

• Ability to make strategic and timely decisions and demonstrate good judgment
• Exceptional analytical skills to synthesize complex data from multiple sources into actionable insights that drive informed decisions and measurable outcomes
• Awareness of the competitive market to identify trends and staying abreast of competitor's product selection strategies
• Excellent communication skills both written and verbal
• Demonstrates strong executive presence and influence across senior stakeholders
• Ability to confidently communicate with influence while adapting communication style and content based upon audience level, style, and situation
• Ability 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 perspective
• Ability to quickly influence and establish relationships, gain credibility, trust and respect with peers, executives and brand partners
• Ability to develop category/brand strategies
• Adept 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 Frequently
• Communicate/Talking Frequently
• Learn New Tasks or Concepts Frequently
• Make Timely Decisions in the Context of a Workflow Frequently
• Complete Tasks Independently Constantly
• Maintain Focus Constantly
• Remember Processes & Procedures Constantly
• Stationary Position (Seated) Constantly
• Vision 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.

What's In It For You

We provide competitive benefits, unique incentive programs and rewards for our eligible employees:

• Full Medical, Dental, and Vision benefits and an integrated Wellness Program.

• 401(k) Match Retirement Savings Plan.

• Paid Time Off (PTO).

• Holiday Pay & Floating Holidays.

• Volunteer Time Off (VTO).

• Educational Assistance Program.

• Full Paid Parental and Adoption Leave.

• LifeWorks (Employee Assistance Program).

• Patterson Perks Program.

The potential compensation range for this role is below. The final offer amount could exceed this range, based on various factors such as candidate location (geographical labor market), experience, and skills.

EEO Statement

Patterson provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or other related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.