New Product Development Executive

3 - 7 years

0 Lacs

Posted:6 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a New Product Development (NPD) Executive, your role will involve supporting end-to-end product development activities. You will need to have strong experience in vendor management, sourcing, and coordination with cross-functional teams like marketing, operations, and quality. Your passion for innovation, creativity, and ability to manage multiple stakeholders will be crucial for success in this role. Key Responsibilities: - Support the development of new products from concept to launch. - Conduct research on materials, trends, and innovations to contribute fresh ideas. - Work closely with the marketing team to align product development with market needs. - Identify, evaluate, and coordinate with vendors for raw materials, packaging, and services. - Maintain strong vendor relationships to ensure quality, timely supply, and cost-effectiveness. - Negotiate pricing, timelines, and deliverables with suppliers. - Collaborate with internal departments such as Marketing, Quality, R&D, Operations, and Procurement for smooth project execution. - Facilitate timely communication and follow-ups across departments to meet project deadlines. - Assist in ensuring that products meet regulatory, quality, and compliance standards. - Maintain proper documentation of specifications, formulations, samples, and approvals. - Manage multiple projects simultaneously while adhering to timelines. - Track progress of NPD projects and ensure timely reporting to senior management. - Identify risks or bottlenecks and suggest solutions. Required Skills & Qualifications: - Bachelor's degree in Business, Marketing, Engineering, or related field. - Experience in sourcing, vendor management, and cross-department coordination. - Strong communication and stakeholder-management skills. - Creative mindset with a passion for innovation and problem-solving. - Ability to adapt quickly and work under tight deadlines. - Highly organized, proactive, and hardworking. - Knowledge of compliance or regulatory processes is an added advantage. Personal Attributes: - Creative and innovative thinker. - Flexible and adaptable to changing project demands. - Strong attention to detail. - Collaborative team player with a positive attitude. This job is full-time and offers benefits such as health insurance and Provident Fund. The work location is in person.,

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