Job Description

Product Manager - New Product Development
Department: Retail Sales
Employment Type: Permanent - Full Time
Location: India
Description
Job location: Delhi NCR, India
The team you would join:
The New Products Development team is a part of the Commercial Unit, which comprises of innovative, solutions-oriented people that work closely with Sun King\'s global and regional Research and Procurement, Sales, Finance, and Marketing teams to make sure hundreds of thousands of Sun King products reach last-mile consumers each month.
About the role:
As a member of the New Product Development Team, you will be a key stakeholder in developing Sun King\'s future products and services. In this role, you will work at the intersection of business, technology, and customer experience teams to ideate, develop, pilot, and launch new life-changing products across India.
This role is an exciting career opportunity for an innovator with a combination of technical and organizational skills who is passionate about working with consumers and delivering the next generation of Sun King products. The products and services you will build will have a transformative impact for millions of households.
What you will be expected to do
Sourcing:

• Analyse, organize, and improve sourcing processes for organizations, with the goal of streamlining operations and reducing costs.
• Develop and implement sourcing strategies to meet the company\'s procurement goals and cost-saving targets.
• Scrutinize existing procurement systems, vendor agreements, logistical arrangements, and workflow systems and optimize as and when needed.
• Compare pricing for needed products and supplies and negotiate with vendors and competitors.
• Monitor market trends and industry developments to identify opportunities for cost savings and process improvements.
• Establish and maintain strong relationships with key vendors and suppliers, fostering partnerships built on trust and mutual benefit.

Supply Chain Management:

• Analysing supply chain data and performance and work with the operations team accordingly.
• Creation of the supply chain strategy for different product categories and confirm the same to the vendor.
• Communicate and negotiate with suppliers and vendors to land more profitable deals.
• Cost-effective solutions for supply chain processes.
• Resolve issues that come up (e.g. delays in delivery, failure in pilots).

New Product Identification:

• Generate, refine and consolidate new product ideas, market research and customer requirements, drawing from relationships across the company, including R&D, sales, marketing, and operations teams.
• Develop customer survey templates, collect feedback, and present to internal stakeholders.
• Evaluate current offerings from industry peers, seeking opportunities for differentiation.
• Translate product strategy into detailed requirements for prototype construction.
• Test prototypes and potential new products to validate its commercial viability.
• Specify product requirements and feedback for R&D.

New Product Pilots:

• Act as the Project Manager to deploy successful pilots defining the purpose, major deliverables, KPIs, timelines, risks, and responsibilities of internal stakeholders.
• Track and document key pilot project deliverables including customer engagement, usage habits, product availability, number of leads generated weekly.
• Work with internal and external stakeholders to ensure deliverables (selecting pilot areas, inventory readiness, training, etc.) are met on time.
• Carry out Engineering Validation Testing (focusing on the features) and Technical Validation Testing (focusing on integration) and generate a Product Requirements Document (PRD).
• Collect Customer Feedback on the product performance and expectations and present to internal stakeholders.
• Report the progress and results of the pilot through a comprehensive memo or a presentation. Provide insights on lessons learned, recommendations for a successful Go-to-market (GTM) approach, product design or process changes, if needed.
• Oversee a successful transition from the pilot stage to commercial scale.

New Product Introduction:

• Clearly convey the product vision, translate technical specifications, benefits, and it\'s fit with Sun King to a language customer can appreciate.
• Work with various departments to design a sales and service process for new products and the route to market.
• Support the Training and Marketing Teams by reviewing training materials, spec sheets, packaging, and highlighting the Customer Value Proposition (CVP).
• Support in the development of service requirements for new products, working closely with the After-Sales and Call Center teams to ensure customer service is prepared prior to the product launch.
• Work with the R&D Team to define and implement product iterations and cascade the changes to respective stakeholders.

You might be a strong candidate if you have/are

• Bachelor\'s degree in engineering in electrical, electronics, instrumentation, etc.
• Ability to collect and synthesize user feedback for actionable items.
• Critical thinking skills: Good ability to structure problems and drive towards solutions even in ambiguous situations.
• Financial knowledge to quantify economic value propositions and commercial opportunities of new product offerings.
• Experience in supply chain management for new products development and spearheading the expansion of new product lines or segments.
• Ability to execute and manage projects effectively.
• Open to travel within India and possibly to other Sun King markets.
• Display good communication skills, energy, and the ability to handle ambiguity at a rapidly growing organization.
• Ability to communicate product decisions in the lens of multiple stakeholders.

What we offer (in addition to compensation and statutory benefits):

• A platform for professional growth in a rapidly expanding, high-impact sector.
• Immerse in a collaborative culture, energized by employees of Sun King who are collectively motivated by fostering a transformative, sustainable venture.
• A genuinely global environment: Engage and learn alongside a diverse group from varied geographies and backgrounds.
• Tailored learning pathways through the Sun King Center for Leadership to elevate your leadership and managerial capabilities.