Product Development - Food / CPG / Manufacturing
Nassau Candy Distributors, Inc. · Hicksville, NY · 1 wk ago
MarketingFull-time
Primary functions
- Develop new everyday and seasonal food items for private label customers
- Own and manage entire product development process from new item concept through to first production run
- Provide leadership and foster effective cross-functional team collaboration (R&D, Packaging, Purchasing, Production, and Creative) to launch products successfully and on time
- Lead customer pricing process of new items; work with Production and suppliers to ensure costs and assumptions are accurately captured in pricing models
- Work closely with Sales team to partner on development of new products as requested by key customers and manage process to create samples and pricing
- Partner with Marketing to provide clear direction of look and feel for new items as well as positioning in sales collateral and e-commerce
- Oversee costing models for all product development customer inquiries including manufacturing, labor, raw materials, packaging, and transportation
- Analyze product formulas to determine loss and yield and update often to ensure accurate costing
- Collaborate with production team to verify labor output and confirm all costs are accurate and reflected in costing models
- Deliver pricing recommendation which meets company and customer profit margin benchmarks, while ensuring a competitive retail price to the consumer
- Perform ongoing analysis of costing model to maintain accurate costs and customer pricing
- Monitor and manage on-time responses to customers’ RFQs
Category Management
- Analyze and understand category statistics and business implications
- Identify competitive white space and new product opportunities
- Develop strategic plans and recommendations for product line execution
Efficiencies
- Identify and implement process improvement opportunities
Core Values
- One Team: Collaboration and alignment across all departments
- Innovation & Adaptability: We welcome change and act proactively
- Customer-Centric: Our customers’ growth is our growth
- Execution with Excellence: We focus on impact and results
- Data-Driven Decisions: We act on insights and validate our approach