Principal Product Manager - Master Data | DPEx | Hyderabad Fresher's job

Digital & Process Excellence Team

Pharma/Life Sciences industry is making rapid strides in leveraging Digital & Analytics in to the business operating models. With rapid consumerization of technology, healthcare and life sciences players along with the regulators are now looking for novel ways to identify, engage doctors and patients to improve the health outcomes. We at Dr. Reddy’s are driven by our purpose to accelerate access to innovative and affordable medication to patients in over 25+ countries globally. We believe that Digital, Data and Design would drive the next wave of innovation along with science and technology for the industry. To that effect, we constantly review and refine our technology and organization design to maximize the opportunity from this changing operating landscape.

Our Digital & Process Excellence team plays a critical role in enabling our strategy and business models with the right Digital & Technology backbone. From designing engagement platforms for our customers and partners, driving efficiency and quality in operations and expediting the research outcomes in our R&D – the team is tasked with bringing the thought leadership of leveraging technology for delivering business outcomes. The team, consisting of business consultants, product/program managers and technology architects, primarily operates as an internal consulting organization tasked with ensuring continuous process improvement and driving innovation.

Ready to join our exciting Digital Transformation journey?

As a part of the team you would create world class solutions to meet unmet needs of patients across the world. Our charter has the following priorities –

• Define and Digitize World Class, Agile processes across the organization
• Reimagine Dr. Reddy’s as a ‘platform-based’ organization
• Create Data as an asset that brings competitive advantage
• Create Digital solutions that help meet unmet needs of our customers and patients

Job Description

• The Prinicipal, Master Data Management will work with key business stakeholders and conduct independent analysis of current landscape to build and implement a robust and comprehensive Master Data Management and Governance strategy which includes, identification of key data assets and elements, prioritization process for Central Mastering based on strategic and regulatory requirements and measures of success
• This Principal will execute the strategy through effective Program planning and delivery and lead key activities such as establishing data rules and governance process, creation of a single source of truth for key Master Data elements across the enterprise, data cleansing and data quality improvements in alignment with the rules, monitoring data quality and adoption of the Master Data in all relevant business functions and applications and continuous improvements in alignment with business needs
• Key KPIs will include Business value delivered, Level of adoption by stakeholders and downstream applications, Quality of Master Data and continuous improvements made

Role Responsibilities

• Collaborate with senior business/IT leadership to understand business requirements and strategic direction of the business to chart out Master Data strategy
• Identify business challenges and opportunities that can be addressed through better Master Data
• Prioritise key data assets such as Product, Material, Customer, Supplier, Employee, Equipment, Cost Center etc, and related elements, for on-boarding to the Master Data Management and Governance framework
• Work with business process owners, Data Owners and Stewards to define data rules and governance policies and procedures; ensure business rules and requirements for Master Data are clearly defined, well documented, communicated and understood
• Build knowledge management framework for Master Data & maintain data glossary for the Masters
• Implement solution(s) for creation and consumption of Master Data, including interlocks to maintain data quality
• Participate in technology evaluations and solution architecture design for the Master Data Management and Governance solution as well integrations with other applications
• Design Data Governance structure and setup Data Governance Council(s) for continued monitoring of data quality and identification of new improvements
• Ensure Master Data is kept up to date; Ensure Data Cleansing and Data Quality improvements are completed as planned; Analyse and validate any exceptions.
• Promote the usage of Master Data; communicate benefits; Ensure Master Data is reliable, of high quality and relevance and is easy to access and use
• Continuously track and report on adoption, integrations and business benefit realization and other KPIs
• Plan and conduct change management activities; (in adherence to GXP standards where relevant) Create SOPs and train users; .
• Identify new opportunities to achieve efficiency and effectiveness in the marketplace through better discovery of information and integration of businesses processes enabled by Master Data
• Be the change catalyst and champion for Master data governance; represent Master Data as a strategic business asset to Senior Management and stakeholders
• Plan and manage multiple projects/program to achieve above objectives

Qualifications

• At least 8 years of work experience with extensive knowledge in Master Data Management;
• Ability to find the rules and relationships within the data and translate them into simple yet impactful insights and understandable recommendations;
• Knowledge of unique MDM challenges and solutions
• Knowledge of data related regulatory requirements and emerging trends and issues
• Hands on expertise with Data modelling and Data lineage mapping.
• Understanding of Architecture and Integration patterns for MDM
• Ability to define actionable data quality measures for master data
• Experience working with one or more of MDM solutions(SAP MDG, Informatica, Reltio) and ETL tools,
• Has proven success in working with stakeholders at all levels of an enterprise and influencing change
• Strong verbal and written communication skill; ability to tell a story that drives action
• Experience managing MDM governance council(s)
• Experience managing the implementation of MDM solutions in Pharma/Life Sciences is a plus
• Knowledge of GXP guidelines is a plus
• Bachelor's or Master’s degree in Computer Science or Information Sciences

Desired Skills

• Leadership

• Highest personal and professional integrity and strong work ethics
• Ability to articulate vision of transformation efforts and a sense of mission
• Willingness to take change and provide direction
• Results orientation, willingness to commit to a direction and drive operations to completion
• Demonstrated ability to manage adversity and challenging situations
• Relationship Management
• Ability to manage senior relationships across all the Business and Functional areas
• Ability to develop cooperative and constructive working relationships
• Ability to handle complaints, settle disputes and resolve conflicts and negotiate with others
• Collaborative team player orientation towards work relationships, strong culture awareness
• Project Oversight and Decision-ing
• Highly developed skills in priority setting and alignment of project priorities with Departmental strategy
• Ability to break down complex problems and projects into manageable goals
• Ability to get to the heart of the problem and make sound and timely decisions to resolve problems
• Ability to effectively manage multiple projects simultaneously
• People Management and Development
• Ability to develop people, skills in coaching, mentoring, and teaching on the job
• Ability to identify and recruit talent, including identifying right people for both technical and non-technical jobs
• Skills at performance management, recognizing and rewarding performance and identifying development needs
• Effectiveness in building trust, respect and cooperation among teams

Key Personal Attributes

• Good communication skills, reasoning and analytical ability
• Must be collaborative in approach and a team player
• Very good at networking and influencing
• Willingness to learn new concepts, tools and techniques related to the subject

About Dr Reddy’s

Dr Reddy's Laboratories Ltd (DRL) is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services &Active Ingredients, Global Generics and Proprietary Products - Dr. Reddy's offers a portfolio of products and services including Active Pharmaceutical Ingredients (APIs), custom pharmaceutical services, generics, biosimilars and differentiated formulations. The company's major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and dermatology. Dr. Reddy's operates in markets across the globe..

Dr Reddy's Laboratories was incorporated in the year 1984 in Hyderabad. The company was established by Dr K Anji Reddy whose passion for drug discovery and his pioneering contributions led the way for making medicines affordable.

At Dr. Reddy’s, we are constantly looking for opportunities that allow us to bring expensive medicines within the reach of millions around the world. The belief that Good Health Can’t Wait inspires us to delve deep into understanding the needs of patients and do all that it takes to fulfil them.Good Health Can’t Wait.’ These simple words describe the deep-rooted belief that drives us.

'Good Health’ is always our goal. We see medicines not just as molecules, but as means to help patients regain their health. As a leader in the pharmaceutical industry, we realize our unique role; we have the ethical and moral imperative to ensure good health can be delivered to those who need it, and to promote wellness among them.

'Can't Wait’ reflects our commitment to act with speed to find innovative solutions that address the unmet needs of patients, and to accelerate access to much-needed medicines for people around the world.

Our belief is guided by our principles - Empathy and Dynamism - which provide both guidance for our current behaviour and inspiration for our future actions.

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Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company based in Hyderabad. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited.