Manager, Product Development (Consumer Products Division)

Manager, Product Development
Job: Manager, Product Development
Position type: Permanent
Employment type: Full - Time
Location: New York - New York
Country/Region: USA
Key requirement: able to demonstrate an innate skillset related to color & trend forecasting, visualization of color concepts & shade development
Key Responsibilities

• Works with International Business Development to ensure global and market specific product/shade needs are being met
• Manages Shade Evaluation: provides redirection to R&I/or third party vendors to meet approved concept objective and timeline
• Creates unique and incremental color concepts, based on color & trend forecasting
• Attends all key trade shows (CosmoProf, MUNY, In Cosmetics, etc) for emerging innovations to identify breakthrough product, package or trend opportunity for 2 year Panier
• Manage formula cost to meet set objectives and provides formula information to Global Product Innovation teams
• Product Maintenance:
• Manages with Development and relevant stakeholders industrial feasibility of a product and gains alignment with Global Product Innovation
• Manages Formula Evaluation & Stability: track and evaluate all internal and external formula submissions, providing assessment and redirection where needed
• Manages package compatibility testing
• Identifies formula and shade prototypes and manages briefs to R&I and Vendors
• Partners with Marketing on strategy and concept Ideation
• Partners with R&I and Vendors on final lab, scale-up, pilot and production standards
• Manages and orchestrates the end-to-end product development process by collaborating with all departments involved to ensure operational excellence, both for new products and changes to existing products:
• Translates R&I platform technologies into consumer relevant ideas/benefits/RTB

∙Oversees necessary reformulations and shade translations, due to regulatory updates
∙Partner with IBD on market specific planogram needs

• Collects consumer, market insights and findings from the market, zone, countries and Global Brand Experience to ensure the consistency of new product development with the country’s needs for both formula and shade development
• Manages new formula testing:
• Analysis:
• Leads comprehensive analysis on both category and segments to determine overall product & shade trends and white space opportunities

∙Oversees Tech Ctr Testing/Consumer Panel and key findings

• Partner with key cross-functional teams (R&I, Claims & Legal) on desired formula claims

∙Partners with R&I and Claims group on BPT and CPT testing
∙Selects test shades and provides rationale
Job Requirements

• Collaborative leadership skills
• Prioritization & Organization Skills
• In depth knowledge of:
• Strong Interpersonal Skills (written and oral)
• Demonstrated L’Oréal Competencies: Leadership, Entrepreneurial Management, Achiever, and Innovator
• Product portfolios/options within Category
• Product development process
• Technical understanding of shades and formulations
• Strong appreciation for our business / sensitivity to métier
• Consumer package goods or beauty industry experience is preferred
• Project Management Skills
• 5+ years of related business experience
• PC Proficiency (Microsoft Suite)
• Formula testing

Additional Benefits Information As Follows
Salary Range: $98,200-$137,500 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)

• Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
• Employee Resource Groups (Think Tanks and Innovation Squads)
• Access to Mental Health & Wellness Programs
• Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
• Hybrid Work Policy (3 Days in Office, 2 Days Work from Home) [*please keep only if applicable*]
• Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
• Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)

Don’t meet every single requirement? At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!
We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
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