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- Develop and execute a comprehensive product development strategy aligned with the company's business goals and market demands.
- Plan and prioritize product development initiatives to meet the needs of the lab-grown diamond jewellery market.
- Conduct extensive market research to identify consumer preferences, emerging trends, and competitive offerings in the lab-grown diamond industry.
- Utilize consumer insights to inform product development decisions.
- Collaborate with jewellery designers, CAD designers, and trend analysts to conceptualize innovative lab-grown diamond jewellery designs.
- Provide creative direction and input to design teams for the development of new collections.
- Oversee the development of physical prototypes, ensuring they align with design specifications and quality standards.
- Conduct rigorous quality assurance checks on prototypes to ensure they meet established benchmarks.
- Source and select appropriate materials for lab-grown diamond jewellery, considering factors such as ethical sourcing, quality, and cost-effectiveness.
- Manage relationships with vendors and suppliers to ensure timely and efficient sourcing of materials.
- Collaborate with cross-functional teams, including marketing, sales, and manufacturing, to ensure seamless coordination throughout the product development lifecycle.
- Foster a collaborative environment that encourages innovation and excellence.
- Develop and manage the product development budget, allocating resources efficiently to achieve product objectives.
- Monitor and report on budget performance to ensure financial targets are met.
- Plan and execute product launches, coordinating with marketing teams for effective promotion.
- Manage the entire product lifecycle, including updates, discontinuations, and inventory management.
- Keep abreast of industry developments, technological advancements, and design trends within the lab-grown diamond and jewellery sector.
- Minimum of 10 years of experience in product development, preferably with export companies.
- Extensive experience in the US and European markets is highly desirable.
- Bachelor's degree in Product Development, Jewellery Design, Business, or a related field.
- Strong leadership and team management skills.
- Exceptional project management abilities with a focus on meeting timelines and deliverables.
- Creative thinking and a passion for staying at the forefront of design and innovation.
- Excellent communication skills for effective collaboration with cross-functional teams.
- Familiarity with sustainable and ethical practices in product development.
- Candidates from outside India are welcome, with the position based in Surat.
Production Manager - Surat, India - Greenlab Diamonds
Description
Position: Product Development Manager
About Company:
Greenlab Diamonds is the world's largest lab-grown Diamond Cultivator. Driven by 3500+ employees with 1600+ reactors, Greenlab has established itself as a pioneer in the diamond industry. Constantly striving to explore new aspects of technology and innovation.
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Responsibilities:
Requirements:
Work Type: On-Site
Location - Surat, Gujarat, India