Product Manager - Food & Beverage Industry

Job Summary:

- We are seeking a passionate and analytical Food & Beverage Product Manager to join our team in Gurgaon.

- In this exciting role, you will play a key role in driving innovation and profitability across our product portfolio.

- You will lead the launch of new products, manage existing ranges, develop delicious and cost-effective recipes, and analyze data to ensure successful product performance.

Responsibilities:

Product Launch & Development:

- Lead the entire process of launching new products, from market research and concept development to successful market introduction.

- Conduct thorough market research to identify consumer preferences and emerging industry trends.

- Collaborate closely with the culinary team to develop innovative, high-quality recipes that align with market demands.

- Ensure all new products meet rigorous quality and presentation standards, exceeding customer expectations.

Product Range Management:

- Manage the product portfolio for optimal balance and profitability.

- Continuously evaluate and refine product offerings based on sales data and customer feedback.

- Develop strategic plans for seasonal and limited-time offers to drive customer engagement and sales growth.

Recipe Development & Cost Management:

- Work hand-in-hand with the culinary team to create and standardize recipes that deliver exceptional taste.

- Conduct cost analysis to ensure recipes are cost-effective and maintain desired profit margins.

- Implement cost control measures while safeguarding the quality and appeal of our products.

Profitability & KPI Analysis:

- Analyze sales data and key performance indicators (KPIs) to track the success of product launches and overall product performance.

- Identify areas for improvement in profitability and operational efficiency.

- Prepare insightful reports on product performance, providing actionable recommendations to senior management.

Customer Insights & Feedback:

- Actively gather and analyze customer feedback to continuously improve product offerings.

- Utilize customer insights to inform innovation, enhance the customer experience, and drive brand loyalty.

Qualifications:

- Bachelor's degree in Business Administration, Marketing, Food Science, or a related field (Master's degree preferred).

- Minimum of 3+ years of experience in product management within the food and beverage industry.

- Demonstrated analytical skills with the ability to interpret data and make data-driven decisions.

- Proven track record of successful product launches and experience in recipe development.

- Excellent project management and organizational skills.

- Strong communication and interpersonal skills, with the ability to collaborate effectively across departments