Product Development and Management (Health Supplements)
2 months ago
Job Responsibilities
New product planning:
Ideation: generate, develop, curate and prioritise ideas.
Organise and define requirements based on ma..
Job Responsibilities
New product planning:
- Ideation: generate, develop, curate and prioritise ideas.
- Organise and define requirements based on market data and customer insights.
- Analyse industrial trends and do technology assessment.
- Evaluate scientific information to generate concepts for new product innovations; define product features.
- Define product competitive positioning and unique selling proposition (USP).
- Prepare and execute new product development (NPD) plan, ensuring processes occur within the necessary timeframes to deliver a product to market.
New product development (NPD):
- Work with Regulatory Affairs to finalise label text of products and with designer for packaging design.
- Technical resource for Regulatory Affairs, including providing technical document such as formula, raw material COA, efficacy, stability and safety information.
- Source for contract manufacturers and liaise with formulators to develop new product; be the main contact point with these suppliers for NPD/ formulation discussions.
- Review formulas and ingredient/ design statements for new product that is compliant with regulations.
- Define critical attributes of final products, work with Quality team to finalise product master specifications and list of required lab tests.
- Research market prices, create accurate product costing data and propose product pricing.
New product introduction:
- Technical resource for Marketing, including providing technical brief or info sheet of product.
- Conduct product training to regional trainer/marketing team and key leaders of salesforce.
Post-launch product management:
- Reassess industry movement and re-evaluate competitor actions.
- Analyse product performance and identify actions required.
- Manage incremental improvement for existing products.
- Liaise with contract manufacturers for necessary formula-related matters.
- React to necessary corrective and preventive actions (CAPA) raised by Quality.
- Contribute for and implement standard procedures (in compliance with industrial standards and QMS requirements) for any product development and management activities or as assigned.
- Perform other duties and projects as necessary to meet company goals.
Requirements
- Degree in Nutrition, Pharmacy, Chemistry or relevant.
- Preferably with some experience in product development/ management in the dietary supplement and health food industry.
- Strong interest in marketing of health and wellness products (dietary supplements, food products, lifestyle equipment etc).
- Self-starter, good at working well independently with initiatives.
- Meticulous & detail-oriented.
- Product/ project management skills; planning & time management skills.
- Resourceful, analytical & problem-solving skills.
- Professional communication & negotiation skills; proficient in English and Chinese.
- Strong interpersonal skills to connect with people from different cultures and levels, both internally and externally.
- Travelling is expected.
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