Product Development / Validation

Key Responsibilities :

• Strategic Planning : Develop and implement strategies for the introduction of new products and the phase-out of old products, considering market trends, customer needs, and technological advancements.
• Cross-functional Collaboration : Work with R&D, engineering, sales, marketing, and production teams to ensure product development projects are completed on time, within budget, and meet quality standards.
• Product Development Oversight : Oversee the product development process, ensuring that products are designed with manufacturability, serviceability, and sustainability in mind.
• Market Analysis : Conduct market research and analysis to identify customer needs, market trends, and competitive landscape. Use insights to inform product strategy and development.
• Regulatory Compliance : Ensure all products comply with applicable laws, regulations, and industry standards throughout their life cycle.
• Cost Management : Monitor and manage product-related costs, including development, manufacturing, marketing, and support costs, to ensure product profitability.
• Performance Monitoring : Track and analyze product performance metrics, customer feedback, and after-sales support data to identify opportunities for product improvement and innovation.
• End-of-Life Management : Develop and implement strategies for product discontinuation, including inventory management, communication plans for stakeholders, and recycling or disposal of materials in an environmentally responsible manner.

Required Skills and Qualifications :

• Bachelors degree in engineering, Business Administration, or related field. A master's degree is preferred.
• Proven experience in product management, engineering, or a related field.
• Strong understanding of product development processes and strategies.
• Excellent project management skills, with the ability to lead cross-functional teams.
• Strong analytical and problem-solving skills, with the ability to make data-driven decisions.
• Excellent communication and interpersonal skills, with the ability to work effectively with stakeholders at all levels.
• Knowledge of regulatory standards and compliance requirements relevant to the industry.
• Proficiency in Product Lifecycle Management (PLM) software and tools.

Desired Skills :

• Added Advantage of Soft Skills (Teamcenter / PTC Windchill / Tata Enovia / Fusion Life Cycle / SAP PLM / Oracle PLM)
• Professional certification in product management or project management.
• Experience in sustainable and eco-friendly product development practices.
• Advanced skills in market analysis and forecasting.

Skills Required

Product Management, Product Development, Project Management Skills, Analytical Skills, Market Analysis, Strategic Planning