Drive end-to-end new product development initiatives, collaborating with various teams to create an innovative product pipeline. Lead the development, launch, and enhancement of products while managing cross-functional teams and external partners.
Key Responsibilities
Product Innovation Planning
- Support Senior Product Innovation Director in defining long-term innovation goals.
- Monitor industry trends, consumer behavior, and the competitive landscape for strategy updates.
- Utilize market trends and consumer insights to guide new product innovation.
- Identify new product opportunities and trends based on consumer preferences and needs.
Product Development and Commercialization
- Lead the development and launch of new product concepts, managing the entire process.
- Establish project timelines, budgets, and cross-functional teams for smooth development and launches.
Product Improvement
- Analyze product performance, customer feedback, and market trends to enhance products.
- Propose and implement product and ingredient improvements for quality and brand relevance.
- Other Responsibilities
Key Performance Indicators
- Successful launch of new products
- Strike rates for new products
- Costs and margins
- GVFM score for flagship and limited-time-offer launches
- Satisfaction with new/improved products
- Units per transaction (UPT)
Job Requirements
- Bachelor's degree in Business, Food Science, Engineering, Biology, or related field (Master's preferred).
- 7+ years of experience in the food & beverage industry, with a focus on coffee, tea.
- Demonstrated ability to develop product innovation strategies and move products from ideation to commercialization.
- Menu development expertise in coffee, tea, beverages, and food.
- Experience managing teams and delivering new products promptly.
- 3+ years of project management experience, collaborating with cross-functional departments.
