Manager, Product Development

Job: Manager, Product Development

Position type: Permanent

Employment type: Full - Time

Location: New York - New York

Country/Region: USA

Key requirement: able to demonstrate an innate skillset related to color & trend forecasting, visualization of color concepts & shade development

Key responsibilities:

·Manages and orchestrates the end-to-end product development process by collaborating with all departments involved to ensure operational excellence, both for new products and changes to existing products:

•Creates unique and incremental color concepts, based on color & trend forecasting

•Partners with Marketing on strategy and concept Ideation

•Identifies formula and shade prototypes and manages briefs to R&I and Vendors

•Manages Formula Evaluation & Stability: track and evaluate all internal and external formula submissions, providing assessment and redirection where needed

•Manages Shade Evaluation: provides redirection to R&I/or third party vendors to meet approved concept objective and timeline

•Manages with Development and relevant stakeholders industrial feasibility of a product and gains alignment with Global Product Innovation

•Works with International Business Development to ensure global and market specific product/shade needs are being met

              •Partners with R&I and Vendors on final lab, scale-up, pilot and production standards

•Translates R&I platform technologies into consumer relevant ideas/benefits/RTB

•Manage formula cost to meet set objectives and provides formula information to Global Product Innovation teams

              •Manages package compatibility testing

•Attends all key trade shows (CosmoProf, MUNY, In Cosmetics, etc) for emerging innovations to identify breakthrough product, package or trend opportunity for 2 year Panier

·Product Maintenance:

∙Oversees necessary reformulations and shade translations, due to regulatory updates

∙Partner with IBD on market specific planogram needs

·Analysis:

•Leads comprehensive analysis on both category and segments to determine overall product & shade trends and white space opportunities

•Collects consumer, market insights and findings from the market, zone, countries and Global Brand Experience to ensure the consistency of new product development with the country’s needs for both formula and shade development

· Manages new formula testing:

              ∙Oversees Tech Ctr Testing/Consumer Panel and key findings

•Partner with key cross-functional teams (R&I, Claims & Legal) on desired formula claims

              ∙Partners with R&I and Claims group on BPT and CPT testing

              ∙Selects test shades and provides rationale

Job Requirements:

• 5+ years of related business experience
• In depth knowledge of:
• Technical understanding of shades and formulations
• Product development process
• Formula testing
• Product portfolios/options within Category
• Consumer package goods or beauty industry experience is preferred
• PC Proficiency (Microsoft Suite)
• Collaborative leadership skills
• Project Management Skills
• Prioritization & Organization Skills
• Strong Interpersonal Skills (written and oral)
• Demonstrated L’Oréal Competencies: Leadership, Entrepreneurial Management, Achiever, and Innovator
• Strong appreciation for our business / sensitivity to métier

Additional Benefits Information As Follows:

Salary Range: $98,200-$137,500 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)  

·         Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)  

·         Hybrid Work Policy (3 Days in Office, 2 Days Work from Home) [*please keep only if applicable*]  

·         Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)  

·         Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)  

·         Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)  

·         Employee Resource Groups (Think Tanks and Innovation Squads)  

·         Access to Mental Health & Wellness Programs   

Don’t meet every single requirement? At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!

We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.

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