Overview
Role And Responsibilities
- The ideal candidate will have a passion for creating innovative products through a mix of qualitative and quantitative methods. You should also be frequently referring to best practices and the latest techniques in product management around discovery and scaling
- Dealing with Chinese ecosystems/suppliers is somewhat mandatory for the profile
- Manage and drive the entire product development process, both internally and externally, ensuring all stakeholder timelines and deliverables are met.
- Leverage techniques such as personas, stakeholder maps, customer journey maps, customer lifecycle maps, and user story mapping to develop and refine new product concepts
- Achieve product assortment goals while ensuring product quality and testing standards, as well as margin expectations, are met.
- Work closely with sales to understand directives for customer projects, analyze existing item sales and review new product forecasts.
- Vendor sourcing, negotiating for achieving cost-effective purchase of raw materials/semi-finished goods and reduction in delivery times.
- R&D on new products and categories.
- Ordering, tracking, and updating warehouse and category team on status and progress.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Anticipate unfavorable events through analysis of data and prepare control strategies.
- Solving issues and developing new solutions requiring new and innovative approaches.
- Balance both tactical execution with strategic initiatives necessary to drive cost reduction
- Identifying, develop, maintain vendor base for obtaining timely procurement of materials at favorable terms to ensure smooth operations.
- Perform risk management regarding supply contracts and agreements
- Managing & preparing performance reports and share the same with respective vendors and within the organization.
Requirements
- Strong experience of 5-7 years in a product-based organization (Consumer Electronics will be a plus)
- Mandatory – BE/B.Tech(EEE,ECE, EIT only). MBA will be a value addition
- Extensive Knowledge about Sensors, IOT, and Electronics Concept for NPI
- Industry – Electronics / FMCG
- Comfortable with understanding technical aspects of a product development process and communicating with engineering teams on trade-offs vs. implications
- Tenacious and Self-motivated with the ability to ruthlessly drive and achieve business goals.
- Exceptionally good at understanding business needs and brand vision.
- Excellent written and verbal communication skills, and good at interacting with senior-level professionals.
- Excellent presentation (PowerPoint and other presentation tools) skills.
- Very good negotiation and query handling skills.
- Target driven
- Ability to keep calm and perform in a high-pressure business environment