BPC Private Label - Product Lead (Product Development) - Bangalore

Title: BPC Private Label - Product Lead (Product Development)

Key Responsibilities:

1. Conceptualize and Execute Product Development End to End:

• Conduct market analysis, customer research, and trend research to inform product development strategies.
• Perform competition analysis and benchmarking to identify white spaces in the market.
• Lead the conceptualization and execution of product development initiatives from ideation to launch.

1. Own New Product Development (NPD):

• Take ownership of new product development to build and enhance the assortment.
• Collaborate with internal teams and external partners to ensure alignment with company goals and market demands.

1. Formulation Development:

• Work closely with labs and formulation providers to develop products that meet desired quality and performance standards.
• Ensure that formulations align with regulatory requirements and market expectations.

1. Relationship Management:

• Establish and manage relationships with manufacturers, packaging partners, vendors, and other stakeholders.
• Negotiate contracts and agreements to secure favorable terms and ensure smooth collaboration.

1. End-to-End Product Testing:

• Oversee the end-to-end product testing process to ensure compliance with global quality and performance standards.
• Coordinate testing activities with internal teams and external partners as needed.

1. Cross-Functional Collaboration:

• Collaborate with cross-functional teams to ensure successful launch and scale-up of brands and product ranges.
• Work closely with marketing, sales, operations, and other departments to drive product success.

1. Team Management:

• Lead a team of individuals spanning across sourcing, providing guidance, support, and mentorship.
• Foster a collaborative and innovative team environment, promoting professional growth and development.

1. PnL Ownership:

• Jointly own the Brand PnL with category managers, ensuring financial objectives are met.
• Monitor and analyze financial performance, identifying areas for improvement and implementing corrective actions.

Experience -

• 8-10 years of experience in product development, preferably in the Beauty, Personal Care industry.
• Strong understanding of market dynamics, consumer trends, and competitive landscape.
• Proven track record of successful product launches and portfolio management.
• Excellent communication, negotiation, and interpersonal skills.
• Ability to multitask, prioritize, and meet deadlines in a fast-paced environment.
• Leadership skills with the ability to motivate and inspire cross-functional teams.
• Experience in PnL management and financial analysis is preferred.