Product Development Director
4 weeks ago
Product Development Director
Kalon Executive Search is seeking a Product Development Director to lead the development of new and improved products for our client, a leader in nutritional supplements and sports. This individual will be responsible for negotiating manufacturing costs, raw material sourcing, product components, and labels. The Product Development Director will identify vendors to work with in creating new products, product lines, and brands, ensuring product design is consistent with market trends and business objectives.
Key Responsibilities:
- Drive product innovation and ensure the development and utilization of best practices in product and process development.
- Lead all aspects of technical product formulation and process development from ideation through commercialization.
- Manage staff workload, give clear direction, and evaluate and develop performance.
- Evaluate and negotiate product/ingredient cost, build awareness, and communicate emerging trends in the global marketplace.
- Foster new and existing relationships with suppliers and contract manufacturers to develop and commercialize products.
- Collaborate with strategic partners to identify novel ingredients, products, and formats for various categories.
- Execute initiatives with suppliers and contract manufacturers to ensure product quality and safety.
- Identify risks and create opportunities for product optimization to improve consumer experience while delivering on cost savings.
- Provide technical leadership on the scale-up, technical transfer, process development of new and existing products.
Requirements:
- 10+ years of direct management experience and 10+ years of consumer product management experience.
- Bachelor's Degree in Science, Pharmaceutical Science, or related field preferred, or a combination of education and equivalent work experience.
- Excellent negotiation skills, effectively work in cross-functional team environments, and strong interpersonal and communication skills.
- Solutions-oriented and comfortable working with ambiguity, strong ability to think critically to overcome potential business hurdles.
- Ability to work in a constant changing environment, coach and develop direct reports, and experience with Microsoft Office Suite and Google Business Suite.
Compensation: $170,000—$220,000
Kalon Executive Search is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
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