Product Development Manager

Job description / Role

We are looking for a Product Development Manager responsible for driving new concepts in development of start-up luxury fragrance brand, handling the product development from concept to production. You will also be responsible for managing current portfolio of products.

What you’ll do:

Managerial:
- Propose the yearly product development plan to General Manager and agree on budget needed to support implementation
- Build relationships with internal (marketing, supply chain, etc.) as well as external stakeholders (third party suppliers)

Portfolio Management:
- Manage the existing product catalogue and new products, limited editions, GWP and other related POSM
- Conduct market research to assess customer attitudes to the current product range and suggested or new product / category introductions
- Research and monitor competitive activities success & failures and marketing trends
- Identify gaps in the market, propose and ensure approval of the General Manager on new concepts
- Develop project timeline, estimated cost, resources needed, minimum order quantity, etc.
- Manage the new product development project with the manufacturer’s R&D team on all matters related to the formulations, juice, ingredients, etc.
- Generate forecasts on limited launches, seasonal forecast and turnover/margin of buying estimates
- Manage the new, limited or end of life products in the stores and in warehouse
- Control and track, budget/expenses, sourcing supplier, brief, negotiation, design, production follow up, installation follow-up, store/internal communication and sales analysis
- Manage the registration process of all the new products with the related regulatory bodies

Planning:
- Liaise with Marketing teams to set pricing strategy and agree on advertising campaigns and in-store/online activations
- Liaise with Supply Chain and provide requirements in terms of cost, time and quality to ensure proper project success
- Collaborate on merchandising solutions to highlight “key” products/launches and make them attractive to GCC demographic
- Implement merchandising plans each season and enhance profitability
- Keep abreast of innovative merchandising ideas and industry best practice
- Develop and manage merchandising database
- Identify products with the strongest potential and performance

Reporting and Analysis:
- Generate monthly reports to General Manager on sales performance (contribution to the business, ROI, etc.)
- Create reports and analysis on line performance

What you need to succeed in this role:
- You are a Team Player
- You are an excellent Communicator
- You have an Analytical mind
- You have an Entrepreneurial spirit
- You have a University Degree in a relevant field
- You have a minimum of 6 years of relevant experience with at least 3 years in a similar role

Ready to join our exciting transformation to become a hybrid retailer, bringing luxury experiences to the fingertips of our customers everywhere? Now’s your chance. By being part of our journey here at Chalhoub Group, you can make a real impact on customers and some of the finest brands in the world. In return, you’ll have everything you need to innovate your career.

What we can offer you
- We will help shape your journey with us through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility.
- Our Group offers the opportunity to support careers that may span different teams, different job roles, different categories and even different countries. We offer diverse career paths for those who show drive and passion as well as the desire to learn and grow.

Amazing benefits
- We recognize the value that you bring, and we strive to provide a competitive benefits package which includes health care, life insurance, child education contribution & exclusive employee discounts.

Requirements

What you need to succeed in this role:
- You are a Team Player
- You are an excellent Communicator
- You have an Analytical mind
- You have an Entrepreneurial spirit
- You have a University Degree in a relevant field
- You have a minimum of 6 years of relevant experience with at least 3 years in a similar role

About the Company

The Chalhoub Group is the leading partner for luxury across the Middle East since 1955. As an expert in retail, distribution and marketing services based in Dubai, the group has become a major player in the fashion, beauty and gift sectors regionally.

By blending its Middle East expertise and intimate knowledge of luxury, Chalhoub Group is building brands in the region, by offering service excellence to all its partners and a unique experience to its customers through its passionate teams.

With a growing workforce of more than 9,000 people, implemented in 14 countries, as well as the operating of over 470 retail outlets, the group's success is attributed to its most valued asset of highly skilled and dedicated teams. Professionalism and passion are what fuel the Chalhoub Group's competitive edge in today's market.

By being committed to implementing sustainable practices into their business, the Chalhoub Group has been awarded in 2013 the CSR Label from the Dubai Chamber of Commerce.