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Commercial Product Development Professional
3 weeks ago
To drive the development and launch of commercially sourced food and beverage products, you will work closely with third-party manufacturers to support strategic growth and revenue expansion. Your goal is to identify opportunities for commercial products that align with our company's objectives.
Key Responsibilities
- Identify whitespace and growth opportunities for commercial products aligned with business goals.
- Prepare feasibility forms capturing concept rationale, preliminary costing, and market potential.
- Collaborate with external manufacturers to develop, test, and finalize products for launch.
- Assess suitable co-manufacturers or private label vendors based on quality standards, IP rights, MOQ, lead times, and SLAs.
- Negotiate agreements and monitor vendor performance for reliability, innovation, and compliance.
- Lead project management for all commercial product initiatives using tools like MS Project.
- Conduct regular reviews with stakeholders to track development, timelines, and decision gates.
- Translate consumer insights into viable commercial product ideas.
- Collaborate with Brand and Trade Marketing teams to position and support products effectively in the market.
- Work with Supply Chain team to optimize logistics scenarios and reduce lead time and risk.
- Explore optimal sourcing geographies or vendor clusters to minimize costs.
- Bachelor's degree in business, marketing, food technology, or supply chain; MBA preferred.
- Minimum 8 years' experience in commercial product development, preferably in FMCG/Food industry with experience in co-manufacturing or private label management.
- Demonstrable experience in launching successful products through third-party partnerships.