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A leading firm in healthcare product development in Singapore is looking for a skilled professional to lead strategic product initiatives. The role involves managing product roadmaps, ensuring compliance with quality standards, and collaborating with cross-functional teams. Candidates should have at least 3 years of experience in product development within the Healthcare and FMCG sectors. Strong negotiation, project management skills, and attention to detail are essential. This position offers the opportunity to drive product innovation and strategic growth.
Lead key strategic initiatives and projects to drive the development of company’s products at strategic and operational level. Scope includes developing key partnerships with suppliers and vendors, meeting budget expectations, generating key market and competitive insights for product portfolio development work.
Main Functions & Responsibilities:
Develop product roadmap for new product lines, managing the design and technical aspects of a product, ensuring successful product launches with sales and marketing teams
Ensure product testing and quality control processes are maintain at regulatory GMP standard with complete documentation
Gain a deep understanding of each brand’s unique positioning in the market, proactively source and develop new products with implementation of product/ pricing strategies, target market identification, tailored to each brand
Conduct thorough research to ensure marketing materials addresses consumer pain points and communicates key product differentiators creatively
Proactively and positively participate in cross-company projects and initiatives
Track progress of development and ensure completion of project according to timeline
Managing relationships with suppliers, leading contract negotiations, and ensuring timely delivery of high-quality products
Collaborate with the Sales and Marketing Team to develop and implement both short-term and long-term strategic initiatives to support the business's growth and profitability objectives
Work closely with Production, Warehouse and QAQC to manage inventory lifecycle from raw materials to finished goods
Foster a respectful working culture in alignment with the company Vision and Mission
Ensure brand consistency and integrity across all touchpoints such as POSM, advertising, social media content, EDM, etc.
Analyse and monitor Sell-in /Sell-through sales, ROI; collating competitive activities and interpretation of market information
Perform inventory management, forecasting and plan timely replenishment of stock to ensure optimal stock level is maintained with high stock accuracy
Continuously assess cost reduction opportunities and ensure goods are sourced and procured at competitive prices, delivering optimal value for the business
Analyse sales trends and other market factors, incorporating this analysis into forecasting and inventory planning, initiate activities for clearing obsolete stock
Negotiate terms and conditions with vendors, perform risk assessments on contracts to ensure on-going feasibility
Stay informed about Import/Export regulations and ensure compliance
Supervise operations of the warehouse including storage, distribution of goods, logistics and adherence to all safety practices. Manage the overall logistics budget.
Ensure order fulfilments are completed on-time and with high order accuracy. To resolve any operational issues whenever it arises
Drive continuous improvement with the team to identify potential areas for improvement through regular team meeting and evaluate process efficiency
Seek to improve optimal production yield, collaborate with cross-functional department to implement best practices and process improvement to save cost
Lead and execute the tender management for all general hardware supplies, resolve any issues whenever required
Requirements:
Degree/Diploma in Marketing, Business or related pharmaceutical field preferred
Min 3 years of experience in product development and procurement role in Healthcare and FMCG
Ability to synthesize complex information, identify trends, and make date driven decisions
Attention to details and highly self-motivated
Strong collaboration skills and capacity to influence and build relationships with internal and external stakeholders
Project management skills
Dynamic team player with strategic and creative mindset
Skilled at positive and win-win Conflict management
Good initiator with strong multi-task and time management skills
Possess effective communication and good interpersonal skills