Product Innovation Manager

7 days ago


Singapore THE SUPREME HR ADVISORY PTE. LTD. Full time
Product Development and Management Executive

Working in a fast-paced environment, we are seeking an experienced Product Development and Management Executive to lead the development of innovative products in the dietary supplement industry.

Responsibilities include:

  • New Product Planning:

• Ideation: generate, develop, curate and prioritize ideas for new products.

• Organize and define requirements based on market data and customer insights.

• Analyze industrial trends and conduct technology assessments to inform product development decisions.

• 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) plans, ensuring processes occur within necessary timeframes to deliver products to market.

• Align cross-functional Scrum teams through Agile methodology.

  • New Product Development (NPD):

• Source contract manufacturers and liaise with engineers/formulators to develop new products.

• Review formulas and ingredient/design statements for new products to ensure compliance with regulations.

• Conduct or work with contract manufacturers for efficacy assessment, literature review, product trial and testing.

• Work with contract manufacturers for safety assessment and stability study of products.

• Define critical attributes of final products, work with Quality teams to finalize product master specifications and list of required lab tests.

• Collaborate with Regulatory Affairs to finalize label text of products and packaging design.

• Provide technical resources for Regulatory Affairs, including providing technical documents such as formulas, raw material COAs, efficacy, stability, and safety information.

• Research market prices, create accurate product costing data, and propose product pricing.

• Present new products for management's review.

  • New Product Introduction:

• Provide technical resources for Marketing, including providing technical briefs or info sheets of products.

• Conduct product training as part of professional education to regional trainers/marketing teams and key leaders of salesforces.

  • Post-Launch Product Management:

• Reassess industry movements and re-evaluate competitor actions.

• Analyze product performance, profit, and loss, and identify necessary actions.

• Manage incremental improvements for existing products.

• Liaise with contract manufacturers for necessary formula-related matters.

• React to necessary corrective and preventive actions (CAPA) raised by Quality.

  • Contribute to 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, Pharmaceutical Science, or relevant field.

• Preferably with some experience in product development/management in the dietary supplement and health food industry.

• Product/project management experience; planning & time management experience.

• Traveling is expected.

Estimated salary: $3500 - $4200 per month, depending on experience.



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