The incumbent will hold an important role in the overall development of the PD strategy and selection. The individual will also provide E2E support and coordination for product development projects, resolving technical feasibility and optimising ss chain requirements.

Experience- 6-10 years.

KRAs
Market Research
Research the market, customers, competitors and brands to understand trends

2. Review the product portfolio and analyse/identify potential opportunities and buying patterns

3. Analyse and compare similar competitor product pricing

Product Selection & Sourcing

1. Manage the product selection, sourcing and negotiations process

2. Onboard new products/brands and take end to end ownership

3. Make decisions regarding sourcing vs. producing the product

4. Identify vendors/partners for sourcing of new materials/products

5. Negotiate pricing Product

Design & Development

1. Discuss designs for development with customers, internal team as well as partners on a need be basis

2. Liaise with vendors for artwork, product specifications, engineering, and sample approval 3. Collect feedback from internal team and customers and create an action plan

Engineering Efficiency

1. Test materials, equipment, processes, and products to meet quality specifications

 2. Take responsibility by conducting timely inspection as well as report submission

3. Appraise customers’ requirements and make sure they are satisfied

 4. Facilitate proactive solutions by collecting and analysing quality data

Others

1. Prepare an annual plan and budget for “Product” function

2. Analyse and deliver periodic reporting to the management 3. Any other role or business activity that may be required by the management from time to time

Behavioural

Functional Skills

1. Reliable business judgment, analytical, and decision-making skills

2. A mix of creative skills, with an eye to identify market/consumer trends to then develop/source such products to cater to customer needs

Personal Skills

1. Strong leadership and organizational skills

2. Product selection & negotiation skills

Core Competencies

Product Selection, Negotiations, Sourcing & Development, managing inventory cover, stock turns, handling imports, attending trade fairs, develop vendor-partner relationship, identify gaps in product category; tracking dead stocks; price benchmarking; Promotion & offers, display at store level, Master data management, Buying & Merchandising