Product Development & Sourcing Manager

Bay Island, LLC

Minnetonka (MN)

On-site

USD 90,000 - 130,000

Full time

3 days ago
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Job summary

Bay Island, LLC, a leading supplier of specialty food gift sets based in Minnetonka, MN, seeks a Sourcing & Product Development Manager to lead the development and sourcing of products from opportunity through production. You will manage vendor selection, costing, and transitions to production for Target National and Owned Brand products.

The ideal candidate brings strong product development and sourcing experience for domestic and global consumer products, with excellent project management and

Qualifications

  • 3+ years experience in product development and sourcing of consumer goods.
  • Experience evaluating and working with domestic and/or international vendors.
  • Experience managing product costing, financial margins, and vendor negotiation.
  • Retail, consumer products, food gifts, hard goods and/or soft goods experience is preferred.
  • Experience leading cross-functional development from concept through production.
  • Ability to manage multiple projects simultaneously.
  • Positive, collaborative and team oriented approach.
  • Microsoft Office 365 proficiency with Word, Excel and PowerPoint.

Responsibilities

  • Product development of consumer goods, product sourcing, vendor development & management, cost & margin analysis, production handoffs, as well as cross-functional leadership and supervision.

Skills

Product development
Sourcing
Vendor management
Project management
Cross-functional
Retail experience
Microsoft Office

Tools

Excel
PowerPoint

Job description

COMPANY DESCRIPTION: Bay Island, LLC is a leading supplier of specialty food gift sets, with a strong focus on holiday offerings for major retail customers across the United States. The company’s dedicated team delivers trend-forward, innovative products that appeal to millions of consumers. Bay Island carefully curates confections, snacks, and drink mixes, creating unique and appealing gift sets. Its products are widely available in stores across America, offering team members the opportunity to contribute to recognizable, high-impact consumer goods.

JOB SUMMARY: The Sourcing & Product Development Manager leads the development and sourcing of products from initial business opportunity through production. Working as part of the cross-functional team, the Manager leads product development, vendor selection and development, costing, and the transition to production. This role owns sourcing and development for Target National and Owned Brand products.

IDEAL CANDIDATE: The ideal candidate has relevant experience in product development as well as sourcing for domestic and global consumer products. Experience supporting Target Corp. or another national retailer is highly desirable. Success in this role requires exceptional project management skills, strong cross-functional communication, and the ability to navigate complex retailer requirements while maintaining accuracy and meeting critical deadlines. The ideal candidate is highly organized, detail oriented, and thrives in a fast-paced environment managing multiple consumer product launches simultaneously.

RESPONSIBILITIES: Roles and responsibilities include product development of consumer goods, product sourcing, vendor development & management, cost & margin analysis, production handoffs, as well as cross-functional leadership and supervision.

QUALIFICATIONS:

  • 3 or more years experience in product development and sourcing of consumer goods
  • Experience evaluating and working with domestic and/or international vendors
  • Experience managing product costing, financial margin management and vendor negotiation
  • Retail, consumer products, food gifts, hard goods and/or soft goods experience is preferred
  • Experience leading cross-functional development from concept through production
  • Ability to manage multiple projects simultaneously
  • Positive, collaborative and team oriented approach
  • Microsoft Office 365 proficiency with Word, Excel and Powerpoint
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