Executive Product Development and Management (Health Supplements)

BEST WORLD INTERNATIONAL LIMITED; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading health and wellness company in Singapore seeks a skilled product development professional to manage new product planning and development in the dietary supplement sector. You will be responsible for analyzing trends, developing product features, and ensuring compliance with regulatory standards. The ideal candidate holds a relevant degree and has a strong interest in product marketing. This position requires excellent communication skills and the ability to work independently while coordinating with various stakeholders.

Qualifications

• Preferably some experience in product development/management in the dietary supplement and health food industry.
• Self-starter, good at working independently with initiatives.
• Meticulous and detail-oriented.

Responsibilities

• Generate and develop ideas for new products.
• Prepare and execute new product development plans.
• Conduct product training to the regional marketing team.

Skills

Product development skills

Analytical skills

Strong communication skills

Project management

Problem-solving skills

Education

Degree in Nutrition, Pharmacy, Chemistry or relevant

Job description

Job Responsibilities

New product planning:

• Ideation: generate, develop, curate and prioritise ideas.
• Organise and define requirements based on market data and customer insights.
• Analyse industrial trends and do technology assessment.
• Evaluate scientific information to generate concepts for new product innovations; define product features.
• Define product competitive positioning and unique selling proposition (USP).
• Prepare and execute new product development (NPD) plan, ensuring processes occur within the necessary timeframes to deliver a product to market.

New product development (NPD):

• Work with Regulatory Affairs to finalise label text of products and with designer for packaging design.
• Technical resource for Regulatory Affairs, including providing technical documents such as formula, raw material COA, efficacy, stability and safety information.
• Source for contract manufacturers and liaise with formulators to develop new product; be the main contact point with these suppliers for NPD/ formulation discussions.
• Review formulas and ingredient/ design statements for new product that is compliant with regulations.
• Define critical attributes of final products, work with Quality team to finalise product master specifications and list of required lab tests.
• Research market prices, create accurate product costing data and propose product pricing.

New product introduction:

• Technical resource for Marketing, including providing technical brief or info sheet of product.
• Conduct product training to regional trainer/marketing team and key leaders of salesforce.

Post-launch product management:

• Reassess industry movement and re-evaluate competitor actions.
• Analyse product performance and identify actions required.
• Manage incremental improvement for existing products.
• Liaise with contract manufacturers for necessary formula-related matters.
• React to necessary corrective and preventive actions (CAPA) raised by Quality.
• Contribute for and implement standard procedures (in compliance with industrial standards and QMS requirements) for any product development and management activities or as assigned.
• Perform other duties and projects as necessary to meet company goals.

Requirements

• Degree in Nutrition, Pharmacy, Chemistry or relevant.
• Preferably with some experience in product development/ management in the dietary supplement and health food industry.
• Strong interest in marketing of health and wellness products (dietary supplements, food products, lifestyle equipment etc).
• Self-starter, good at working well independently with initiatives.
• Meticulous & detail-oriented.
• Product/ project management skills; planning & time management skills.
• Resourceful, analytical & problem-solving skills.
• Professional communication & negotiation skills; proficient in English and Chinese.
• Strong interpersonal skills to connect with people from different cultures and levels, both internally and externally.
• Travelling is expected.