- 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
- 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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