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New Product Development
2 months ago
We are seeking a dynamic and experienced New Product Development (NPD) Manager to join our team at a leading company in the supplement and self-care industry. The NPD Manager will be responsible for managing the end-to-end product development process, from concept to launch, ensuring that all new products align with the company's strategic objectives and meet market needs. This role requires a strong blend of creativity, project management, and industry knowledge to drive innovation and maintain our competitive edge in the market.
Product Development: Lead the development of new supplement and self-care products, working closely with cross-functional teams including R&D, marketing, quality assurance, and regulatory affairs to ensure products meet customer expectations and regulatory requirements.
Market Research & Trend Analysis: Conduct ongoing market research to identify emerging trends, consumer needs, and competitive products. Use insights to inform product development and innovation strategies.
Project Management: Oversee the entire NPD process, from ideation to product launch, including timeline management, resource allocation, and budget adherence. Ensure all projects are delivered on time and within budget.
Supplier & Vendor Management: Collaborate with suppliers and manufacturers to source ingredients, materials, and packaging. Ensure all suppliers meet the company's quality and ethical standards.
Regulatory Compliance: Ensure all new products comply with relevant UK and international regulations. Work closely with the regulatory affairs team to secure necessary approvals and certifications.
Consumer Testing & Feedback: Organize and manage consumer testing programs to gather feedback on product concepts and prototypes. Use data to refine and optimize product formulations and features.
Innovation & Ideation: Foster a culture of innovation within the product development team. Encourage creative thinking and the exploration of new ideas that can lead to breakthrough products.
Cross-Functional Collaboration: Act as the central point of contact for NPD projects, facilitating communication and collaboration across departments to ensure a smooth and efficient development process.
Performance Monitoring: Track the performance of newly launched products, analyzing sales data, customer feedback, and market trends to inform future product development efforts.
Bachelor’s degree in Product Development, Food Science, Nutrition, Marketing, or a related field. A master’s degree or relevant certifications (e.g., PMP) is a plus.
Experience: Minimum of 5 years of experience in product development, preferably within the supplement, self-care, or FMCG industries.
