new product development & purchase manager
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Key skills for this role
About the Role
Confidential seeks a New Product Development & Purchase Manager to identify new product opportunities in fragrances and cosmetics, source raw materials and finished goods, and manage supplier relationships.
Key Skills for This Role
Responsibilities
- Identify new product opportunities in niche fragrances, perfumes, cosmetics, and personal care categories
- Conduct market research to analyze consumer trends, competitor products, and pricing strategies
- Collaborate with fragrance houses, laboratories, and manufacturers to develop new formulations and packaging
- Manage the product development lifecycle from concept to launch
- Source raw materials, fragrance oils, packaging materials, and finished products from local and international suppliers
- Negotiate pricing, MOQs, and supply agreements to achieve cost efficiency
- Monitor supplier performance, quality standards, and delivery timelines
- Manage purchase orders and inventory planning
- Ensure product compliance with UAE and international cosmetic regulations
- Work with marketing and retail teams to plan product launches and develop product positioning
Requirements
- Bachelor’s degree in Business, Cosmetic Science, Chemistry, or Supply Chain Management
- 5–8 years of experience in fragrance, beauty, or cosmetics industry
- Experience working with fragrance houses, cosmetic manufacturers, or private label suppliers
- Strong knowledge of fragrance and cosmetic product development
- Vendor sourcing and international purchasing experience
- Negotiation and cost management skills
- Knowledge of cosmetic regulatory requirements
Full Job Posting
Job Summary
- The New Product Development & Purchase Manager will be responsible for identifying new product opportunities, developing fragrance and cosmetic product lines, sourcing raw materials and finished goods, and managing supplier relationships.
- The role requires strong market knowledge, vendor negotiation skills, and the ability to translate consumer trends into profitable product offerings.
Key Responsibilities
- Identify new product opportunities in niche fragrances, perfumes, cosmetics, and personal care categories.
- Conduct market research to analyze consumer trends, competitor products, and pricing strategies.
- Collaborate with fragrance houses, laboratories, and manufacturers to develop new formulations and packaging.
- Manage the product development lifecycle from concept to launch.
- Ensure product compliance with UAE and international cosmetic regulations.
- Source raw materials, fragrance oils, packaging materials, and finished products from local and international suppliers.
- Identify and develop strategic supplier partnerships.
- Negotiate pricing, MOQs, and supply agreements to achieve cost efficiency.
- Monitor supplier performance, quality standards, and delivery timelines.
- Manage purchase orders and inventory planning.
- Build relationships with fragrance manufacturers, packaging suppliers, and OEM/ODM partners.
- Coordinate with logistics teams for import/export and shipment scheduling.
Qualifications
- Bachelor’s degree in Business, Cosmetic Science, Chemistry, or Supply Chain Management.
- 5–8 years of experience in fragrance, beauty, or cosmetics industry.
- Experience working with fragrance houses, cosmetic manufacturers, or private label suppliers.
Key Skills & Competencies
- Strong knowledge of fragrance and cosmetic product development
- Vendor sourcing and international purchasing experience
- Negotiation and cost management skills
- Market trend analysis and product innovation
- Knowledge of cosmetic regulatory requirements
- Supply chain and inventory management
- Project management and cross functional coordination
KPIs
- Successful launch of new products
- Cost savings in procurement
- Supplier reliability and quality compliance
- Product sales performance and margin
- Time to market for new products
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