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New Product Development Manager

Ultra Media and Entertainment
Posted on
Ultra Media and Entertainment logo

Experience
3 - 8 yrs
Salary (CTC)
₹5L - ₹8L
Job Location
Mumbai, India
Vacancy
1
Designation
Manager new Product Development
Job Type
Not specified

Job Description

About the Role:
We are seeking a creative and market-driven New Product Development Manager to lead the conceptualization, development, and launch of innovative products across our business verticals Soft Toys, 3D Printing Products, and Collectibles & Numismatic Products.


Key Responsibilities:

  • Conduct market research to identify emerging trends, customer preferences, and competitor activities.
  • Generate and evaluate new product ideas aligned with business objectives and market demand.
  • Lead product development projects from concept to production and launch.
  • Collaborate with design, sourcing, production, marketing, and sales teams for successful product execution.
  • Develop product specifications, prototypes, and sample approvals.
  • Ensure product quality, safety, compliance, and cost-effectiveness.
  • Monitor product performance and recommend enhancements based on market feedback.
  • Manage product timelines and coordinate with vendors and manufacturing partners.

Preferred Industry Experience:

  • Soft Toys / Plush Toys
  • Gifting & Novelty Products

Required Qualifications:

  • Bachelor's degree in Product Design, Fashion Design, Toy Design, Industrial Design, or a related field.
  • 2+ years of experience in New Product Development, Product Management, or Product Design.
  • Strong understanding of product development processes and market research techniques.
  • Experience working with consumer products and managing product launches.
  • Excellent project management, communication, and coordination skills.

Company and Products Websites : www.ultrasofttoys.com | www.ultra3dmagic.com | www.mintageworld.com