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Director, Product Development Jobs
Company | Thrive Causemetics Inc. |
Address | Los Angeles, CA, United States |
Employment type | FULL_TIME |
Salary | |
Category | Transportation, Logistics, Supply Chain and Storage |
Expires | 2023-06-26 |
Posted at | 11 months ago |
Location: In Office 4 days/week in LA office
- Attend industry conferences to keep informed of new product and packaging innovations
- Demonstrate the Thrive Causemetics values by actively participating in the building of the company culture
- Establish strategic partnerships with suppliers, manufacturers, and other industry experts to develop new products or improve existing products and identify future innovation
- Manage the product development budget and expenses, especially relating to product testing costs with approved outside testing labs
- Recommend the nature and scope of present and future product lines by reviewing product specifications and requirements, appraising new product ideas and/or product and packaging changes
- Collaborate with Leadership and Marketing in the creation of the product roadmap, including briefs, supplier selection, formula creation, quote requests, negotiate price and timeline, create and maintain COGS to ensure product profitability, batch review and approval, product testing (safety and clinical), and delivery of specified timeline per the NPD process
- Partner with cross functional teams on sku productivity, product launch strategies and execution
- Manage and develop the Product Development team, including hiring, training, coaching, setting goals and evaluating employee performance and career development
- Create, maintain and sustain strong supplier relationships as the key stakeholder for any PD/development escalation with suppliers
- Oversee the entire product development process (new innovation and reformulations) to ensure it runs smoothly and efficiently.
- Work efficiently across the organization to support company business plans and product assortment calendar
- Assist in leading the company towards sustainability efforts
- Deep understanding and passion in raw ingredients, consumer feedback and competitive trends to recommend formulas and innovation
- Organize, create and maintain product masters library
- Strong verbal and written communication skills
- Understands the importance of market research to identify beauty trends
- Experience launching color cosmetics, skincare, and OTC products
- Proficient in GSuite
- US citizenship or permanent residency required
- Ability to communicate effectively with internal teams, including senior management and peers
- Highly organized with extensive project management experience in a product-related capacity
- 7+ years of experience in beauty and skincare product development
- Strong leadership experience in managing and developing a team
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