Director of Product Development & Innovation

Horizon Group USA, Inc.New Providence, NJ
$130,000 - $170,000Hybrid

About The Position

The Director of Product Development & Innovation is responsible for driving the product development and innovation strategy for assigned categories. This includes trend identification and translation, developing product assortments and custom programs, rationalizing go-forward products, and driving category growth by identifying new, adjacent opportunities within the Kids Craft & Activity areas. The role requires a passion for product, an entrepreneurial spirit, and the ability to thrive in a fast-paced environment.

Requirements

  • At least 8 years of product development/merchandising/brand management experience, ideally within a very fast-paced, quick turnaround industry.
  • Experience with custom product development is required.
  • Must be a dynamic, passionate leader with ability to multi-task amidst shifting priorities.
  • Must have strong written and verbal communication skills with the ability to effectively present in front of large audiences.
  • Must have the ability to work in a hybrid capacity from our New Providence, NJ office at least twice per week.

Nice To Haves

  • Toy, Tween or Craft experience is HIGHLY preferred.

Responsibilities

  • Responsible for the vision of designated brands, including driving the development and execution of products that align with assigned brands/programs.
  • Oversee the creative product development process, enforcing key milestones from product conceptualization to merchandising pass-off, working alongside senior cross-functional leadership.
  • Drive new product execution while maintaining the existing portfolio of products and leading white space due diligence efforts to identify growth avenues.
  • Mentor the creative development team on the connection between ideation, marketability, sales generation, and profitability.
  • Work alongside merchandising teams to ensure all projects align with divisional strategic goals.
  • Strategize with sales and merchandising leads on quantifying and prioritizing new category growth opportunities.
  • Collaborate with design and engineering team members to generate and execute new product and packaging concepts.
  • Communicate with overseas offices on existing brands, new product development, and global sourcing initiatives; lead strategic sourcing/negotiations efforts.
  • Proactively work alongside product safety and compliance teams to ensure a consistently high level of quality for all kids product categories.
  • Lead regular competitive landscape reports, identifying key market and product gaps and opportunities.
  • Collaborate with internal teams to prepare for retail presentations and industry trade shows.
  • Partner with merchandising leads on strategic costing negotiations in collaboration with global sourcing and overseas merchandising teams.
  • Understand POS data and identify plans to capitalize on trending products and categories, as well as identify gaps in distribution and retail laddering.
  • Collaborate across the organization to lead product vision alongside design execution, and provide product development leadership to all segments of the business.
  • Professionally train, develop, and mentor members of the product development & innovation team.
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