Vp Innovation and Lcm

The Johnson & Johnson MedTech Companies have been working to make surgery better for more than a century. With substantial breadth and depth in surgical technologies, vision care, orthopedic and interventional solutions, we aspire to improve and enhance medical care for people worldwide. Together, we are working to shape the future of health through differentiated products and services, and transform into a MedTech company that saves lives and ignites all that’s possible in every-body.

MedTech is a strong position, experiencing solid growth and share gains, backed by an innovation pipeline of $10 billion. However, MedTech has evolved with significant complexity that is inhibiting its ability to grow and accelerate profitability, where we currently lag the competitive index. With 21 platforms and 4 franchises operating globally across 43 ERP systems and a vast supply network, today’s global environment is not optimized for success. Our global supply network strategy has made good progress though SC acceleration network changes, but MD’s already substantial product portfolio continues to expand as we strengthen our NP pipeline. With over 330,000 SKU’s (93% of J&J’s total) it is imperative we develop stronger, fully aligned, best practice processes for optimized GP, LCM and portfolio management.

This role is an essential focal point for GP improvement and enabling profitable growth, working closely with E2E, Plan, Digital and Strategic leaders across MD SC. In addition to SC, the role requires strong influence, engagement and impact with commercial leaders across Platform, Franchise and Regional levels. Close cooperation across e2e SC and ruthless execution with key SC functional pillars, Quality, Regulatory, Commercial, NPI teams and R&D will be essential.

It is a critical position to ensure we make faster progress on GP and drive an aligned approach to achieve our 500 bps aspiration, closing the gap and ideally exceeding the profitability levels of our competitive index. This will require delivery on our $2+ billion LRFP profit improvement commitment.

The role requires a strong leader who can impact and influence the MedTechLT, CGC’s, Platform Presidents LT’s, CFO’s and the RDLT to drive action on GP, complexity reduction, NPI launch excellence, and LCM improvement.

**Key Responsibilities**:

- Drive step-change in MedTech Profitability & Product Portfolio Management Processes_
- Develop long range strategy and sustainable delivery engine for 500 bps MedTech GP improvement and complexity reduction management to optimize financial performance, ensuring robust value capture plans are in place for each product platform with specific deliverables to meet customer and business needs
- Maintain and develop GP and Portfolio Management data hubs, through leading digital capability with a standardized, customer focused approach working with E2E leaders and connected to overall digital journey
- Establish strong governance and embed GP management and PMR into the appropriate Platform, Regional and Global decision-making forums (i.e. IBP/S&OP, Operating Committees, Platform Leadership Teams, etc), along with operationalizing target setting, performance tracking, and clear accountabilities
- Maintain strong governance and alignment to deliver short and long term goals, including but not limited to Monthly reviews with MedTech SCLT and Quarterly reviews with MedTechLT
- Advance core capabilities to accelerate profitable Innovation, and improve LCM practices_
- Lead a CoP for the development and deployment of best-in-class processes in New Product Introductions and LifeCycle Management across the MedTech Franchises, delivering launch excellence and help enable $2B+ in cost savings across NPI COG’s improvement, Material cost reduction, and Manufacturing Excellence
- Create transparency and visibility of trade-offs between GP vs. speed to market vs. reliability for appropriate executive level decision making across Commercial/R&D/SC
- Advance MedTech SC capabilities to accelerate Time-To-Market and Time-to-Scale, inclusive of continuous improvements in stabilization scorecard effectiveness, targeting a doubling of the Freshness Index to ~30% by end of Strategic Plan
- Develop and deploy standardized and benchmark processes in packaging and labeling in partnership with Franchises, Regional SC, Quality and Deliver, ensuring compliance to local country requirements and improving cost & agility while reducing/minimizing complexity

**Key Relationships**:

- MedTech SC Leadership Team
- SC functional Teams (Plan, Deliver, Digital, Quality, IT, Finance, etc.)
- MedTech Commercial CGC’s/Presidents and R&D Teams
- JJSC S&D Leadership Team
- Segment S&D Leadership
- External Customers and Internal Partners
- External Partners (EM’s and Suppliers)

**Qualifications**
**Education**:

- University degree or equivalent.
- An advanced scientific degree (MS) or MBA is preferred.

**Experience**:

- A minimum of