Welspun World
Website:
welspun.com
Job details:
About Welspun
Welspun World is one of India's fastest growing global conglomerates with businesses in Home Textiles, Flooring Solutions, Advanced Textiles, DI Pipes, Pig Iron, TMT bars, Stainless Steel, Alloy, Line Pipes, Infrastructure & Warehousing.
At Welspun, we strongly believe in our purpose to delight customers through innovation and technology, achieve inclusive & sustainable growth to remain eminent in all our businesses. From Homes to Highways, Hi-tech to Heavy metals, We lead tomorrow together to create a smarter & more sustainable world.
Job Purpose/ Summary
The role is responsible for managing end-to-end New Product Development activities by identifying consumer insights, market trends, product opportunities and coordinating with design, sourcing, merchandising, quality, manufacturing and sales teams to deliver commercially successful products aligned with business strategy.
Job Title
SSH-NPD-Category-HT-DomesticBusiness
Job Description
The Deputy Manager in the NPD department is pivotal in steering the New Product Development initiatives within the Domestic Business category. This role demands a strategic thinker who can seamlessly integrate consumer insights with market trends to identify lucrative product opportunities. The incumbent will collaborate closely with design, sourcing, merchandising, quality, manufacturing, and sales teams to ensure the delivery of products that are not only commercially viable but also align with the overarching business strategy. A key aspect of this role is to drive innovation by leading product ideation workshops and managing the stage-gate development process. The Deputy Manager will also be responsible for monitoring project milestones, ensuring timely sample development, and facilitating successful product commercialization. Additionally, the role involves conducting thorough market and competitive analyses to support product costing and profitability. The ideal candidate will champion process automation and continuous improvement initiatives, while also mentoring team members and maintaining effective communication with stakeholders.
Principal Accountabilities
Drive the New Product Development strategy and execution to align with business objectivesbr Identify and capitalize on new business opportunities through comprehensive market research and consumer insightsbr Lead product ideation workshops to foster innovation and creativity within the teambr Manage the stagegate development process to ensure efficient and timely product developmentbr Coordinate with crossfunctional teams to facilitate seamless product development and commercializationbr Ensure timely sample development and successful product launch by monitoring project milestonesbr Conduct detailed market and competitive analysis to support product costing and enhance profitabilitybr Recommend and implement process automation and continuous improvement initiatives to optimize operationsbr Mentor team members to enhance their skills and ensure effective stakeholder communication
Key Interactions
Internal Communication ,External Communication ,Mid Management,Junior Management
Experience
5
Competency Name
Competency Name Proficiency Level New Product DevelopmentProficient Market ResearchProficient Product Lifecycle ManagementProficient Market & Competitive IntelligenceProficient Project managementProficient Market Research and Consumer BehaviorProficient Business & Commercial acumenExpert EntrepreneurshipExpert Global Mind-setExpert People ExcellenceExpert
Additional Section (Can Be Added, If Required.
NA
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