Product development & Merchandising

Location: Surat (Gujarat)

Job Overview

Experience: 5 - 7 Years

Salary: 12500-20833 INR CTC Per Month

Qualification: Post Graduation

Specialization: 0

Course: MBA

Other Course: MBA,MCA,

Other Specialization: Apparel Planning & Merchandising

Posted On: Oct 13, 2023

Valid Upto: Nov 12, 2023

Job Type: Full Time

Gender: Both Male & Female

Function: MIS reporting

PWD: No

Job Description

Job Summary :

Key Result Areas (KRAs):

  1. Product Development: Leading the design and development of new clothing and textile products from concept to final production.

  2. Market Research: Conducting research to identify market trends, customer preferences, and competitors' products.

  3. Design Management: Overseeing the design process, including creating sketches, prototypes, and technical specifications.

  4. Cost Management: Managing product development costs to meet budget constraints and maintain profitability.

  5. Quality Assurance: Ensuring the quality and functionality of developed products through testing and inspections.

  6. Supplier and Vendor Collaboration: Collaborating with suppliers and vendors to source materials and components and achieve product specifications.

  7. Product Lifecycle Management: Managing the product lifecycle, including updates, redesigns, and discontinuation.

  8. Regulatory Compliance: Ensuring that developed products meet relevant safety and compliance standards.

Key Performance Indicators (KPIs):

  1. New Product Launch Success Rate: Measuring the percentage of successfully launched new products compared to the total number of new product initiatives.

  2. Time-to-Market: Tracking the time it takes to develop and launch a new product from the concept stage to market availability.

  3. Product Development Costs: Monitoring the total cost incurred in the development of new products against the budget.

  4. Customer Satisfaction: Gathering feedback from customers on the quality and design of newly developed products.

  5. Product Innovation: Counting the number of innovative features or components incorporated into new products.

  6. Material and Component Sourcing Efficiency: Evaluating the efficiency of sourcing materials and components from suppliers in terms of cost, quality, and lead time.

  7. Product Returns and Defect Rate: Measuring the rate of product returns and defects for newly launched products.

  8. Revenue from New Products: Calculating the revenue generated from the sale of newly developed products.

  9. Compliance with Standards: Ensuring that all developed products meet industry-specific, safety, and regulatory standards.

  10. Design Lead Time: Evaluating the time taken to develop the design concept for new products.

  11. Competitor Analysis: Conducting regular assessments of competitors' product offerings and identifying opportunities for improvement.

  12. Product Life Cycle Metrics: Tracking the performance of products over their life cycle, including sales, profits, and customer feedback.

  13. Cost Per Unit: Calculating the cost per unit for newly developed products.

  14. Design Portfolio Growth: Measuring the number of new designs added to the product portfolio.

Company Info

Company: Jaygarments Indai Pvt Ltd

Type: Apparel

Contact Person: Nailesh Joshi

Email: nxxxxxxxxxxx@jaygarments.com

Phone: 96xxxxx33

Website: https://www.jaygarments.com

Address: Jaygarments India pvt ltd, Opp- Tulshi Hotel, Sachin, Surat