Product Development Manager (R&D)
About this position
Responsibilities
• Lead the product development team in creating and executing new product ideas.
• Track end-to-end phases of all New Product Development (NPD) from the project’s initial briefing to its fruition.
• Study the feasibility of production and collaborate with the procurement department to source, verify, and audit potential OEM/suppliers/partners to match NPD requirements and objectives.
• Establish and improve standards for raw materials, packaging, production processes, product quality, and allocating budgets.
• Maintain the stock and MRP dashboard to oversee supply chain and plan yearly orders focusing on negotiating with suppliers to maintain profitability.
• Plan yearly product strategies, including product launches, cost analysis, and budgeting.
• Analyze product performance, prepare reports, and provide suggestions on discontinuing underperforming products plan.
• Collaborate with compliance and legal teams to draft contracts between OEMs and the company.
• Solve complex challenges related to product development and supply chain management that may occur or affect the NPD timeline.
Requirements
• At least 4-5 years' work experience with proven experience in product development, project management and supply chain management.
• Strong negotiation skills, pricing strategy expertise, and contract management.
• Advanced problem-solving skills, detail-oriented and results-driven.
• Leadership and team management experience and analytical skills for product performance analysis.