Formulation Development Officer
3 days ago
Job Description:
Key responsibilities of a Product Development Officer:
Market analysis and research:
Conducting thorough market research to identify potential opportunities, understand customer needs and behaviors, and analyze competitor landscape.
Product concept development:
Generating innovative product ideas, evaluating their feasibility, and defining product specifications based on market insights.
Product roadmap creation:
Developing a comprehensive product roadmap outlining development phases, timelines, milestones, and resource allocation.
Prototyping and design:
Overseeing the design and development of product prototypes, including features, functionalities, and aesthetics.
Cross-functional collaboration:
Working closely with engineering, design, marketing, sales, and other teams to ensure smooth product development and launch.
Product testing and refinement:
Coordinating product testing phases, gathering user feedback, and iterating on designs to optimize product performance and user experience.
Launch strategy development:
Defining product launch strategies, including pricing, marketing plans, and distribution channels.
Post-launch monitoring and analysis:
Tracking product performance post-launch, identifying areas for improvement, and implementing necessary adjustments.
Staying updated on industry trends:
Keeping abreast of emerging technologies, market trends, and industry regulations to inform product development decisions.
Required skills and qualifications:
Strong analytical skills:
Ability to interpret data, analyze market trends, and make informed product development decisions.
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