New Product Development Executive

1 day ago

Mumbai, Maharashtra, India RAS BEAUTY PVT LTD Full time ₹ 4,80,000 per year

Job Title: New Product Development (NPD) Executive

Job Overview:

We are seeking a dynamic and detail-oriented New Product Development Executive to support end-to-end product development activities. The ideal candidate will have strong experience in vendor management, sourcing, and seamless coordination with cross-functional teams including marketing, operations, and quality. A passion for innovation, creativity, and the ability to manage multiple stakeholders under tight deadlines is essential for success in this role.

Key Responsibilities:

Product Development & Innovation

  • Support the development of new products from concept to launch.
  • Conduct research on materials, trends, and innovations to contribute fresh ideas.
  • Work closely with the marketing team to align product development with market needs.

Vendor Management & Sourcing

  • Identify, evaluate, and coordinate with vendors for raw materials, packaging, and services.
  • Maintain strong vendor relationships to ensure quality, timely supply, and cost-effectiveness.
  • Negotiate pricing, timelines, and deliverables with suppliers.

Cross-Functional Coordination

  • Collaborate with internal departments such as Marketing, Quality, R&D, Operations, and Procurement to ensure smooth project execution.
  • Facilitate timely communication and follow-ups across departments to meet project deadlines.

Compliance & Documentation

  • Assist in ensuring that products meet regulatory, quality, and compliance standards (knowledge of compliance is a plus).
  • Maintain proper documentation of specifications, formulations, samples, and approvals.

Project Management

  • Manage multiple projects simultaneously while adhering to timelines.
  • Track progress of NPD projects and ensure timely reporting to senior management.
  • Identify risks or bottlenecks and suggest solutions.

Required Skills & Qualifications:

  • Bachelor's degree in Business, Marketing, Engineering, or related field.
  • Experience in sourcing, vendor management, and cross-department coordination.
  • Strong communication and stakeholder-management skills.
  • Creative mindset with passion for innovation and problem-solving.
  • Ability to adapt quickly and work under tight deadlines.
  • Highly organized, proactive, and hardworking.
  • Knowledge of compliance or regulatory processes is an added advantage.

Personal Attributes:

  • Creative and innovative thinker.
  • Flexible and adaptable to changing project demands.
  • Strong attention to detail.
  • Collaborative team player with a positive attitude.

Job Type: Full-time

Pay: ₹25, ₹40,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Work Location: In person

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