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Product Development Manager Job Summary
Key Responsibilities:- Commercial Product Development:
- Identify opportunities for commercial products that align with the company's strategic goals.
- Prepare and present feasibility forms capturing concept rationale, preliminary costing, and market potential.
- Collaborate with external manufacturers to develop, test, and finalize products for launch.
- Vendor Engagement & Management:
- Identify and assess suitable co-manufacturers or private label vendors.
- Negotiate and ensure clarity on quality standards, intellectual property rights, minimum order quantities, lead times, and service level agreements.
- Internal Collaboration & Project Coordination:
- Act as project manager for all commercial product initiatives, utilizing tools like MS Project.
- Lead periodic reviews with cross-functional stakeholders to track development, timelines, and decision gates.
- Marketing Integration:
- Translate consumer insights into viable commercial product ideas.
- Collaborate with brand and trade marketing teams to position and support the product effectively in the market.
- Logistics & Cost Optimization:
- Work with the supply chain team to map logistics scenarios, including cost-to-land models, shelf-life implications, and warehousing needs.
- Explore and recommend optimal sourcing geographies or vendor clusters to reduce lead time and logistics risk.
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