International Product Development Executive

1 week ago

Bangkok, Bangkok, Thailand Heaven Drops Co.,Ltd. Full time

Job Purpose:

To lead and manage the Research & Development function, driving innovation, new product development, and strategic partnerships to ensure competitive product offerings and sustainable growth. The role requires strong technical expertise, leadership capabilities, and the ability to collaborate across multiple departments and external stakeholders.

Key Responsibilities

Idea Generation and Concept Development:

  • Source and screen new product ideas.
  • Conduct thorough market and competitor analysis to identify emerging trends and opportunities.
  • Develop detailed product concepts based on research and strategic goals.

Business Analysis and Project Planning:

  • Create comprehensive business cases to assess the financial viability of new products.
  • Develop and manage project plans, ensuring clear timelines and deliverables.
  • Analyze and manage costs for raw materials and production to achieve target profit margins.

Product Development and Sourcing:

  • Collaborate closely with R&D teams and factory personnel to develop product formulas and prototypes.
  • Identify and source raw materials (RM) and suppliers, defining product specifications and quality standards.
  • Negotiate pricing and terms with suppliers to optimize costs and build strong partnerships.

Market Testing and Launch:

  • Organize and execute market testing with target consumer groups to gather feedback and validate product-market fit.
  • Coordinate with the marketing and graphic design teams to develop packaging artwork and go-to-market strategies.
  • Prepare and manage documentation for regulatory submissions (e.g., FDA), aiming to streamline the approval process.
  • Plan production schedules and coordinate with sales channels, including online platforms and key retailers like 7-Eleven.

Post-Launch Management

  • Monitor sales performance and gather customer feedback post-launch to identify areas for improvement and future innovation.

Qualifications

  1. Bachelor's or Master's degree in Food Science, Biotechnology, Chemistry, or a related technical field.
  2. Minimum 5 years of relevant experience in R&D, product development, or innovation roles within the food, nutrition, personal care, or related industries.
  3. Strong leadership and people management skills, with a proven track record in managing cross-functional teams.
  4. Excellent communication and analytical thinking abilities.
  5. Experience working in or collaborating with startups, with a proactive and agile mindset.
  6. Good knowledge in regulatory affairs, and scientific validation.

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