VP - Product Development

1 week ago

Gurugram Delhi, India V2 Retail Full time
Job Description

Skills and Qualifications:

- Education: Bachelor s degree in Chemistry, Chemical Engineering, Cosmetic Science, Business Administration, or a related field. A Master s degree or relevant certifications (e.g., in Regulatory Affairs, Project Management) is a plus.
- Experience: At least 15+ years of experience in product development within the beauty, personal care, or cosmetics industry, with at least 5-7 years in a senior or executive leadership role.
- Industry Knowledge: Deep knowledge of the beauty and personal care market, including consumer trends, regulatory requirements, and RD processes.
- Leadership Skills: Proven experience in leading and developing cross-functional teams, including RD, marketing, sourcing, and manufacturing.
- Innovation and Creativity: Strong ability to drive innovation in product formulation and design, with a keen eye for emerging trends and market demands.
- Regulatory Expertise: In-depth understanding of the regulatory landscape for beauty and personal care products, including safety, claims, and certification processes.
- Sustainability and Ethical Practices: Strong commitment to sustainability in product development, with experience in sourcing clean ingredients and eco-friendly packaging.
- Analytical Skills: Ability to analyze market data, consumer feedback, and performance metrics to drive decisions and improve product offerings.
- Communication Skills: Excellent verbal and written communication skills, capable of presenting to stakeholders and working effectively with internal and external teams.
- Project Management: Strong project management skills with experience overseeing product development timelines, budgets, and resources.
- Technology Proficiency: Familiarity with product development software, ERP systems, and data analytics tools.

Working Conditions:

- Location: Primarily based in the company s headquarters or product development office, with occasional travel to manufacturing facilities, trade shows, or global markets.

Key Performance Indicators (KPI s):

- Successful product launches within budget and on schedule.
- Revenue growth and market share for new products.
- Consumer satisfaction and feedback on new products.
- Adherence to regulatory standards and safety protocols.
- Innovation and impact of new product lines.
- Progress on sustainability initiatives (e.g., Eco-friendly formulations, packaging).
- Strategic Leadership in Product Development
- Innovation and Product Pipeline
- Collaboration with Cross-Functional Teams
- Research Development Oversight
- Brand Alignment and Consumer Insights
- Regulatory and Compliance Management
- Sustainability Initiatives
- Team Leadership and Development
- Budget and Cost Management
- Product Launch and Go-to-Market Strategy

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