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Portfolio Rationalization Leader

Baxter

Deerfield, Illinois permanent

Posted: February 19, 2026

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Quick Summary

Join our team in Deerfield, Illinois to lead our portfolio rationalization efforts, leveraging your expertise in rationalization to drive business growth and improve operational efficiency.

Job Description

This is where your work makes a difference.

At Baxter, we believe every person—regardless of who they are or where they are from—deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond.

Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results.

Here, you will find more than just a job—you will find purpose and pride. 

Your role at Baxter

The Portfolio Rationalization Leader is responsible for driving enterprise‑level focus and efficiency by identifying the critical 20% of activities, customers, or products that generate 80% of results. A core responsibility of this role is leading SKU rationalization enterprise‑wide, ensuring simplification of product portfolios and elimination of low‑value offerings. This leader transforms performance through strategic prioritization, simplification, and data‑driven decision‑making. They challenge the status quo, articulate the “why,” and help teams focus on work that truly matters.

What will you be doing

• Strategic Prioritization: Apply the Pareto Principle to identify the “vital few” tasks, customers, and SKU/product lines that generate the highest returns.

• SKU Rationalization: Lead enterprise‑wide SKU simplification to streamline product lists and eliminate low‑value SKUs.

• Resource Allocation: Redirect human, financial, and technological resources toward high‑impact initiatives.

• Culture Transformation: Champion a culture of simplification, continuous improvement, and focus.

• Team Empowerment & Delegation: Identify top talent and delegate intentionally.

• Data‑Driven Decision Making: Use segmented P&Ls and analytics to guide decisions.

• Process Improvement: Lead kaizen events, strategy workshops, and simplification efforts.

Typical Activities would include

• Conducting 80/20 analysis (e.g., customer, product, profit).

• Leading kaizen events or strategy workshops.

• Developing Raving Fans and target selling strategies.

• Simplifying product and customer lists.

• Partnering with senior leaders across business lines.

What will you bring :

Key Skills

• Analytical & Strategic Thinking: Ability to see the big picture and pinpoint leverage points.

• Influence & Coaching: Inspire and coach leaders and teams to adopt focused, high‑impact behaviors.

• Decisive & Focused: Concentrate on important—not just urgent—work and say "no" to lower‑value activities.

• Action‑Oriented: Deliver results through focused execution.

• Exceptional Communication: Clearly articulate the “why” behind decisions and challenge existing norms.

• Change Leadership: Influence teams through organizational transformation and simplification

• Bachelor’s degree required; MBA preferred

• 10–15+ years in operations, strategy, or continuous improvement

• Experience with 80/20 methodology, Lean, or segmentation

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $216,000 - $297,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses, commission, and/or long-term incentive. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

US Benefits at Baxter (except for Puerto Rico)

This is where your well-being matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical and dental coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount, and the 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching. We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave. Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our employees. For additional information regarding Baxter US Benefits, please speak with your recruiter or visit our Benefits site: Benefits | Baxter

Equal Employment Opportunity

Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.

Know Your Rights: Workplace Discrimination is Illegal

Reasonable Accommodations

Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information.

Recruitment Fraud Notice

Baxter has discovered incidents of employment scams, where fraudulent parties pose as Baxter employees, recruiters, or other agents, and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself, review our Recruitment Fraud Notice.

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