PRODUCT DEVELOPMENT MANAGER

Beauty Systems Group • Denton, TX

294d

About The Position

As our Product Development Manager, you will oversee high volume categories with strategic importance to the company. Drive the execution of product development to ensure critical gates and dates are met throughout all stages of the commercialization process. Focused on maximizing sales and gross margin objectives. Including steering the creation, redevelopment and launch of product across a wide range of beauty categories assigned by the VP and Director. Leveraging consumer insights and trends, you will craft innovative product roadmaps and oversee execution from concept to shelf to align business objectives for long-term sustained growth.

Requirements

• Bachelor's degree or equivalent work experience.
• 3+ years experience working in product development within the beauty industry is preferred.
• Excellent organizational and project management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Proficient in using production management software and tools to track progress, manage inventory, and analyze production data.
• Exceptional problem-solving and decision-making skills, with the ability to think critically and strategically.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders.
• Proactive and detail-oriented mindset, ensuring thoroughness and accuracy in all production-related activities.

Responsibilities

• Initiates new product ideas and/or recommends improvements to enhance or maintain assigned brands market position including concept, package development, testing plans, merchandising and promotion.
• Conduct in-depth competitive shopping and trend research to deeply understand the market landscape and consumer preferences.
• Ensures development execution is in accordance with design, allocation, sourcing, and brand strategy.
• Lead cross functional communication and coordination of timing, calendar, product updates, approvals, and issues.
• Maintain weekly analytics reports to ensure the category is on target throughout the year to hit penetration goals.
• Lead and manage an Assistant manager, supporting them in the day to day of development and analytics of the brands and categories you lead.
• Leverage an internal network to share best-practices in process and product development and drive standardization across the business.
• Connect with external stakeholders (suppliers, customers, research institutes) to develop an innovation ecosystem.
• Communicate and cooperate with the marketing and merchandising teams to align strategy, product development and marketing.
• Implement best practices ensuring formula optimization, safety, and quality standards are met.
• Work cross functionally with sourcing department to ensure raw materials and components delivery is being maintained to quality standards.
• Deliver trend analysis for category newness and seasonal product line activities.
• Manage and execute budget and cost process for owned categories, negotiating initial pricing, and tracking cost submittals.
• Anticipate, identify, and communicate any potential obstacles in the development process.
• Partner with cross functional teams to develop and execute samples for awareness and store trials.
• Demonstrate flexibility to support ad hoc projects or tasks as business needs evolve.

Benefits

• Medical, dental, vision, life insurance.
• Paid vacation and sick days.
• Paid holidays.
• Tuition reimbursement.
• 401(k) with company match.
• In-house salon with complementary services.
• Merchandise discount at Sally Beauty and CosmoProf Professional onsite store.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Merchant Wholesalers, Nondurable Goods
• Education Level: Bachelor's degree