Product Development Executive

Job Responsibilities:

* Conduct market research to identify industry trends, customer preferences, and competitor activities

* Develop new product ideas and improve existing products based on market demand, sales data, and customer feedback

* Manage product development process from concept to launch, ensuring timelines are met

* Liaise with suppliers from China regarding product sourcing, quotations, specifications, sample development, production progress, and delivery schedules

* Negotiate pricing, MOQ, lead time, and product customization with suppliers

* Coordinate with internal teams including Creative, Operations, Inventory, Sales, and QA/QC to ensure smooth product development and launch

* Monitor product quality, packaging, and product specifications to ensure standards are met

* Analyze product performance including sales trends, customer feedback, defect rates, and return issues

* Recommend product improvements or new opportunities to enhance sales and profitability

* Support promotional planning and product launch activities

Job Requirements

* Diploma or Degree in Business, Marketing, Product Development, Supply Chain, or related field

* Minimum 1–3 years of working experience in product development, sourcing, merchandising, or related field

* Mandarin proficiency (speaking, reading, and writing) is mandatory to communicate effectively with suppliers from China

* Strong communication, negotiation, and supplier management skills

* Strong analytical, problem-solving, and decision-making abilities

* Able to manage multiple tasks and work under tight deadlines

* Proficient in Microsoft Excel or Google Sheets for data analysis and forecasting

* Experience in retail, e-commerce, or manufacturing industry is preferred

* Detail-oriented, proactive, and able to work independently as well as in a team

Key Performance Indicators (KPI)

* Successful launch of new products

* Product sales performance and sell-through rate

* Product defect and return rate

* Gross margin and product profitability

* Product development lead time

* Forecast accuracy and stock planning efficiency