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About the Role
Nassau Candy is seeking a manager for their Product Development team. This role is responsible for strategic category planning and the development and execution of new products, including creating accurate costing models.
Responsibilities
- Develop new everyday and seasonal food items for private label customers.
- Manage the entire product development process from concept to first production run.
- Lead cross-functional teams (R&D, Packaging, Purchasing, Production, Creative) for successful product launches.
- Lead customer pricing for new items, working with Production and suppliers to ensure accurate cost capture.
- Partner with the Sales team on new product development based on customer requests and manage sample creation and pricing.
- Collaborate with Marketing to define the look, feel, and positioning of new items.
- Oversee costing models for all product development inquiries, including manufacturing, labor, raw materials, packaging, and transportation.
- Analyze product formulas to determine loss and yield, updating costing models accordingly.
- Verify labor output with the production team to confirm cost accuracy.
- Address concerns and challenges related to product development and costs throughout the process.
- Deliver pricing recommendations that meet company and customer profit margin benchmarks.
- Analyze category statistics and business implications.
- Identify competitive white space and new product opportunities.
- Develop strategic plans and recommendations for product line execution.
- Identify and implement process improvement opportunities.
- Perform ongoing analysis of costing models to maintain accurate costs and customer pricing.
- Monitor and manage on-time responses to customer RFQs.
- Potentially manage direct reports.
- Mentor junior associates in product management and costing.
Requirements
- Bachelor's degree in business, marketing, or finance.
- Expertise in consumer product development.
- Food experience is ideal.
- Thorough knowledge of financial costing.
- In-depth knowledge of product construction and manufacturing.
- 6+ years in product development in food, R&D, or manufacturing.
- Ability to successfully lead cross-functional teams and see projects through.
- Blend creativity and analytical thinking.
- Passion for and strong understanding of food trends and consumer preferences.
- Strong Excel & Microsoft Office skills.
Skills
- Leadership
- Accountability
- Critical thinking
- Financial acumen
- Multi-tasking
- Problem solving
- Time management
- Communication
- Follow-up
- Excel
- Microsoft Office
Location
- Hicksville, NY
Work Type
- On site
- Full-time
Experience Level
- 6+ years
Education Level
- Bachelor's degree
About the Company
- Nassau Candy is a leading manufacturer and distributor in the confectionery, gourmet food, and private-label industries.
- With decades of expertise, we provide high-quality products to retailers across the nation.
- Our expansive portfolio includes a variety of confections, specialty foods, and customized solutions tailored to our customers’ needs.
Equal Opportunity
- We are an Equal Opportunity Employer