ABBOTT LABORATORIES Global Product Manager, Informatics and Automation Salary in the United States

How much does a Global Product Manager, Informatics and Automation make at companies like ABBOTT LABORATORIES in the United States? The average salary for Global Product Manager, Informatics and Automation at companies like ABBOTT LABORATORIES in the United States is $133,415 as of May 28, 2024, but the range typically falls between $114,518 and $152,312. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

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What does a Global Product Manager, Informatics and Automation do at companies like ABBOTT LABORATORIES?

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 103,000 colleagues serve people in more than 160 countries.

Position Summary:

The Global Product Manager, Informatics and Automation, for Abbott Transfusion Medicine supports the development and management of a successful, sustainable franchise, ensuring delivery of exceptional customer value. Acts as a subject matter expert on our products/solutions and customer segment. Manages the product tactical and strategic initiatives in collaboration cross functional teams and with global area teams. Proactively identifies and activates new opportunities to accelerate growth, differentiate the franchise, and realize value. Collaborates across the organization to effectively develop and launch new products and solutions on-time and on-budget.

Main Responsibilities:

Proactively manages all aspects of the product line to ensure the delivery of customer value.

Strategic responsibilities include:

  • Development of refined business cases to support product development or enhancement
  • Providing input into annual marketing plan based on business objectives, franchise strategy and commercial area needs.
  • Selling ideas internally, aligning multiple stakeholders to a common goal and driving products and projects forward to deliver business objectives
  • Developing & executing robust launch and product management plans across multiple functional areas and geographies to capitalize on opportunities.
  • Owning product lifecycle management
  • Closely documents and reports on project plans, anticipates and mitigates and risk to timing, scope or budget

Tactical responsibilities (day-to-day) include:

  • Execution of marketing mix as defined in marketing plan
  • Acting as commercial expert/SME for product to business and all key stakeholders
  • Communication of information impacting the product or customers
  • Proactive identification and resolution of potential product or market issues
  • Engagement and influence of commercial area teams, R&D, regulatory etc. to set and meet project timings, budgets and business strategy & objectives
  • Supporting the commercial area teams to deliver on the franchise business goals

The position requires the ability to understand the technology and capabilities of Abbott products, market and customer dynamics – including competitive assessment.

The candidate must be highly organized, self-directed and goal- oriented with the ability to manage many tasks/projects and adapt in a rapidly changing environment. 

Accountability:

  • Achievement of franchise revenue and margin objectives
  • Achievement of successful product and project launches as measured by KPIs
  • Achievement of annual goals to support advancement of the business, as well as completion of business sustaining tasks

Qualifications:

Education: Bachelor’s degree in business, medical technology, life sciences, engineering or related technical discipline. MBA highly preferred.

Experience: Total business experience of 5 years with 2 years of commercial experience (sales/marketing). In Vitro Diagnostics (IVD) experience preferred. Marketing and product launch experience preferred.   International business experience preferred.

$114,518 Low Average $133,415 High $152,312

Understand the total compensation opportunity for Global Product Manager, Informatics and Automation at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$114,518
$152,312
$133,415
The chart shows total cash compensation for the ABBOTT LABORATORIES Global Product Manager, Informatics and Automation in the United States, which includes base, and annual incentives can vary anywhere from $114,518 to $152,312 with an average total cash compensation of $133,415. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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