Senior Executive/ Executive - New Product Development (Gifting)

Posted a month ago by Lassana Group, Classification: Senior Management & Directors

Principal Accountabilities

  • Identifying opportunities for new products: This involves conducting market research to identify customer needs and preferences, as well as analyzing the competition to identify gaps in the market.
  • Conceptualizing new products: Based on the market research, the New Product Development Executive will work with cross-functional teams to brainstorm Ideas and develop concepts for new products.
  • Developing product specifications: Once a concept has been agreed upon, the New Product Development executive will develop product specifications that outline the features, benefits, and technical requirements of the product.
  • Managing the product development process: This involves working with cross-functional teams to ensure that the product is developed on time, within budget, and to the required quality standards.
  • Conducting product testing and validation: The person will oversee product testing in sample production and through discussions with operations to ensure that the product meets the required performance and safety standards.
  • Launching & introducing new products: The New Product Development executive will work with the category team to develop or introduce new products with a launch plan and ensure that the product is successfully launched in the Market.
  • Monitoring product performance: Once the product is launched, the New Product Development Manager will monitor its performance, gather feedback from customers, and work with the team to make any necessary improvements

Pre-requisites

  • Minimum 3 years of experience in Product Management.
  • Possess a strong design-thinking and growth-hacking mindset with a sound understanding of these methodologies.
  • A strong background in product development.
  • Thorough understanding of customer needs and market trends.
  • Excellent project management and communication skills.
  • Proven ability to influence cross-functional teams and excellent teamwork skills
  • Exceptional presentation, documentation, written and verbal communication 
  • A competitive remuneration package together with excellent
  • Exceptional presentation, documentation, written and verbal communication skills.

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