Junior New Product Development Executive
4 days ago
Start Date: Immediately
Location: Lower Parel, Mumbai
Years of experience: Minimum 2 years of experience in product at a beauty/personal care company - with a heavy focus on beauty
About Us
FAE is a fast-growing D2C beauty brand based out of Mumbai. We conceptualise and create beauty products for everyone - bringing to our community a real, authentic and unfiltered representation of beauty with our innovative, effective and accessible cosmetic and skincare products
Position Overview:
We&aposre looking for an NPD Executive to join the product team at our d2c beauty business as we rapidly expand our product portfolio. The NPD Executive will be working with the product development team to bring new cosmetics from concept to launch. This role involves color matching, quality control, and collaboration with various internal and external teams to ensure that products meet the brand&aposs aesthetic, quality, and regulatory standards.
SOW:
- Ideation & research of current beauty and personal care landscape to develop a cohesive product pipeline 12 months in advance of launch
- Analyse consumer insights to understand and address product pain points, and write subsequent speck sheets for NPD
- End to end procurement for product development, R&D, and Production, included but not limited to manufacturers/vendors in the categories like Cosmetic Containers, Carton/Outer Unit Packaging, Structured Packaging, Merchandise Manufacturing
- Raw Material Procurement
- Act as the liaison between the design team and the vendors, facilitating the creation of sample prototypes
- Collect and monitor the development and production schedules, ensuring individual and team calendar deadlines are met.
- Production planning & negotiation for new and existing product launches
- Assist with the preparation of seasonal milestone meetings with cross functional teams.
- Support in weekly meetings with merchandising/design teams and assist in communicating the required actions with the vendor.
- Work on quarterly trend reports + consumer surveys to help guide product development decisions
- Be heavily involved in color matching of products, with frequent visits to color cosmetic manufacturing facilities
- Work with product development and management teams to take product briefs and create end to end go to market timelines, cost analysis reports, develop key stakeholder and vendor relationships in order to ensure on time product launches
- Stay up to date with metrology guidelines and ensure all packaging meets statutory requirements
Here&aposs what an ideal candidate would look like:
- Bring a high level of creativity, attention to detail, and efficiency while working under tight deadlines and on multiple projects simultaneously.
- Minimum of 2-3 years of experience in cosmetic product development, with a focus on color matching, and quality control.
- Ability to work with a wide range of cosmetic products.
- Experience working with external suppliers and vendors in the cosmetics industry.
- Excellent communication and collaboration skills, with the ability to work cross-functionally.
- Knowledge of current trends in the cosmetic industry, with a passion for innovation and product development.
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