Product Manager - CPO

Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait.

We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries.

For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets).

‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency

Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.

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Roles & Responsibilities

• End – to End product strategy
  • Responsible for integrated strategy for products as per vertical/cluster. Owning definition and updating of the strategy as per all DRL market requirements
  • Product strategy to cover all aspects of market, medical view, API & formulation development strategy, manufacturing view, launch scenarios, profitability measures, etc.
  • Optimize the strategy by connecting diverse requirements across markets, create a roadmap of the product relevant to each market
  • Define & govern critical decision points over product life cycle –development to commercialization & beyond
  • Assess financial viability / ROI metrics to determine investments in product, discontinuing product, etc.
  • Provide clarity on all dimensions of the product strategy to all impacted stakeholders

• Business connect
  • Responsible for connect with all DRL markets teams for comprehensive front end strategy capturing competitive view, market growth, expansion strategy, channel strategy, etc.
  • Provide insights based on historical data on similar category of products, trends and inputs from other CFTs on cost of goods
  • Drive ideation of life-cycle extension strategies based on market specific inputs
• Enabling strategy execution through PMO, R&D, Operations teams
  • Work with Program management office to ensure creation of integrated execution plan delivering the product requirements by market
  • Support R&D budget optimization, portfolio prioritization decisions, cost improvements plan for improving profitability, for select cluster of products
• Long term strategy planning, risk assessment, mitigation planning
  • Provide visibility on long range value and volume plan for the portfolio of products
  • Manage the risk to value and work with stakeholders to device mitigation strategies
  • Provide manufacturing network optimization inputs for the near and long term      

Educational Qualification

Minimum work experience: 6 to 10 years of experience 

Mandatory Skills: Analytical, problem-solving skills and learning attitude key for suitable candidates. Prior portfolio / PMO / Strategy/Marketing functions experience will be a plus point

Personal Attributes: Excellent interpersonal skills, ability to influence & work with cross functional teams, engage at senior leadership levels, networking skills, ability to look at the big picture, execution focus and written communication skills

Operating Network: Business Portfolio, Market teams, CFT leads (Regulatory, IP, technical, clinical, etc,), Site leads, Procurement leads, Finance, Digital teams