Manager - New Product Development

5 days ago

Mumbai, India Pilgrim Full time

Position Summary


We are seeking a highly skilled and innovative Manager - New Product Development in the Skin Care & Hair Care vertical to join our team. In this role, you will be responsible for identifying the right product-mix, trending ingredients, treatment products and cutting-edge technology to help build a successful product portfolio to drive business growth.



Roles & Responsibilities


  • Product Development : Develop a robust NPD pipeline from ideation to launch. Identify trends, understand customer needs and work with internal teams (e.g., research & development, marketing, sales) and manufacturers to develop & test new product concepts/prototypes.
  • Market Research & Analysis : Staying on top of industry trends, active ingredients and competitor activity is crucial to develop the right product-mix offering as well as identifying any white space or innovation opportunities. Striking conversations with consumers and experts such as stylists, aestheticians, dermatologists to understand need-gaps and stay ahead of the curve.
  • Project Management : Oversee the entire new product development process, from initial concept to launch. This includes managing target costs, timelines, artworks and ensuring all regulatory requirements are met. Collaborating with cross-functional teams and troubleshooting as required.
  • Team Leadership : Manage a team of direct reports, providing guidance and mentorship to ensure high performance, creativity, and alignment with business goals. Foster a collaborative environment for successful cross-functional teamwork.
  • Supplier Management : Identify right partners/manufacturers for the product range to be developed and maintain strong partnerships. Collaborate with suppliers for ingredients, packaging, and manufacturing.
  • Product Launch & Commercialization : Ensure successful commercialization of NPD pipeline, monitor and analyse the performance of launched product ranges and drive continuous improvement. Provide support to marketing and sales team members to get new products into various online & offline channels & help generate excitement for new launches.


Experience & Education

  • B.Tech/M.Tech in Cosmetology or B. Sc / M.Sc in Chemistry
  • 6+years experience in NPD in skin care and/or hair care
  • Creative thinking and problem-solving abilities, with a passion for staying ahead of the curve in marketing trends, activities and products.
  • Ability to multitask, prioritize projects, and meet deadlines in a fast-paced environment.
  • Excellent communication and collaboration skills, with the ability to work effectively across teams and departments.
  • Working knowledge of MS-Office especially Excel
  • Prior experience in skincare / haircare domain will be an added advantage



Location

Andheri East, Mumbai

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