Business Development Executive
1 week ago
Key Responsibilities:
- Conduct market research, trend analysis, and competitor benchmarking to identify product opportunities.
- Work closely with the Business Development / Marketing team to develop product concepts, consumer benefits, and claims.
- Translate insights into clear product briefs for suppliers and formulation partners.
- Assess market feasibility, consumer appeal, and commercial viability of new ideas.
- Review sample submissions and align revisions with Marketing.
- Ensure all formulations meet functional, safety, and quality requirements.
- Support costing evaluation to meet product pricing targets.
- Manage and track project timelines from concept to launch.
- Coordinate with various departments (Marketing, Regulatory, Sales, Operations) to ensure alignment at all development stages.
- Work with Regulatory teams to ensure ingredients, claims, and formulations comply with requirements for markets
- Prepare and compile documents needed for product registrations or notifications.
- Verify ingredient lists, allergens, nutritional information, and warnings.
- Liaise with overseas suppliers and manufacturers on formulation details, MOQ, costing, samples, and production feasibility.
- Follow up on sample turnaround time
- Partner with Marketing to refine product story, claims, USP, and key selling points.
- Support Sales teams with technical information and product knowledge.
- Provide product details during launch planning, distributor communication, and trade activities.
Requirements:
- Diploma or Degree in Chemistry, Pharmaceutical Science, or related fields.
- 1–3 years of experience in product development (FMCG / supplements / wellness / pharma preferred).
- Strong research and analytical skills.
- Excellent communication and coordination abilities.
- Detail-oriented with strong project management capabilities.
- Ability to work with overseas manufacturers and suppliers.
- Comfortable working in a fast-paced environment and managing multiple projects.
- Knowledge of APAC regulations (Optional)
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