New Product Development Specialist

Role Overview

This position is for a New Product Development Specialist based in Pune District, Maharashtra. The role focuses on taking new product ideas from concept to market launch, with a strong emphasis on cosmetic and skincare development, supplier coordination, compliance, and cross-functional execution.

Key Requirements

• At least 4 years of experience in product development or a closely related function.
• Prior exposure to cosmetic or skincare product development is mandatory.
• Strong capability to manage several projects at the same time while keeping timelines on track.
• Excellent verbal and written communication, along with strong people-management abilities.
• Experience in client-facing roles and in building long-term business relationships.
• Analytical thinking with the ability to use data to guide decisions.
• A careful, detail-driven approach with a strong focus on quality and innovation.
• Working knowledge of project management tools and related software.

Product Development and Strategy

The role involves driving the new product development roadmap from ideation to commercialization. Responsibilities include building concepts, working on formulations, handling sampling, coordinating packaging, validating shelf life, ensuring regulatory readiness, and preparing products for launch.

Market research is an important part of the job, including studying category trends, interpreting consumer insights, spotting opportunity areas, benchmarking competitors, and carrying out gap analysis to influence product strategy.

Supply Chain and Vendor Management

You will be responsible for identifying, evaluating, and partnering with manufacturers for development and production. The role also includes coordinating with packaging partners on innovation, materials, and design improvements, as well as working with ingredient suppliers and co-manufacturers to refine formulations.

Negotiation of commercial and operational terms such as pricing, margins, credit terms, and delivery schedules will be part of the role. A key expectation is to build dependable supplier relationships that support supply continuity and product innovation.

Testing, Compliance, and Quality

The position requires oversight of sensory testing, shelf-life studies, quality assurance checks, and pilot production runs. It also involves ensuring that all products meet applicable safety and regulatory standards.

Quality control processes must be implemented across each stage of development and manufacturing. In addition, the role includes managing product testing through independent CROs and handling related payments.

Launch and Post-Launch Follow-Up

You will coordinate go-to-market plans with marketing and sales teams, including product positioning and pricing decisions. After launch, the role requires tracking performance indicators, collecting consumer feedback, and supporting continuous product improvements.

Cross-Functional Collaboration

The job requires close coordination with design, manufacturing, packaging, legal, and other internal teams to create new product ideas and prototypes. Clear communication across departments will be essential to keep projects moving efficiently.

Budget, Cost, and Sourcing Responsibilities

The role includes supporting budget planning and managing costs without compromising product quality or performance. It also covers quality control ownership, inventory norm tracking, stock turn monitoring, and new store indenting.

Additionally, you will work with sales and retail operations teams to improve channel productivity and store performance.

Additional Information

This is a full-time, onsite role in Pune District, Maharashtra. No salary amount, stipend, or application deadline was provided in the source material.