Product Development Manager

HiFyve is hiring a Product Development Manager in Hicksville, NY!

Pay: $75,000-$95,000/year

Shift: Days

Location: Hicksville, NY On-site

Benefits: Full benefits package

About the Role

We're looking for an experienced Product Development Manager to lead new product development, product costing, and category planning within a fast-paced consumer products manufacturing environment. This role owns the development process from initial concept through the first production run while partnering across R&D, Packaging, Purchasing, Production, Creative, Marketing, and Sales.

Job Responsibilities

Own the complete product development process from new item concept through the first production run

Develop new everyday and seasonal food products for private-label customers

Lead cross-functional collaboration across R&D, Packaging, Purchasing, Production, Creative, Marketing, and Sales to successfully launch products on schedule

Partner with Sales on new product requests from key customers, including samples, pricing, and development timelines

Lead the pricing process for new products and ensure manufacturing costs and assumptions are accurately captured

Develop and oversee product costing models incorporating manufacturing, labor, raw materials, packaging, and transportation costs

Analyze product formulas, yields, and losses to maintain accurate product costs

Work with Production and suppliers to validate labor, material, and manufacturing costs

Develop pricing recommendations that support company and customer margin targets while maintaining competitive consumer pricing

Partner with Marketing on product positioning, creative direction, sales materials, and e-commerce presentation

Analyze category performance, market trends, and business implications

Identify competitive white space, consumer trends, and new product opportunities

Develop strategic recommendations for product lines and category execution

Identify and implement process improvements throughout product development and costing

Continuously review costing models to maintain accurate costs and customer pricing

Manage timely responses to customer RFQs

Provide leadership and mentorship to junior team members and potentially manage direct reports

Qualifications

Bachelor's degree in Business, Marketing, Finance, or a related field

6+ years of product development experience within food, R&D, or manufacturing

Consumer product development expertise, with food industry experience ideal

Strong knowledge of product construction and manufacturing processes

Thorough understanding of financial costing and experience developing detailed product costing models

Experience taking new products from concept through commercialization and first production

Demonstrated ability to lead cross-functional teams and drive projects through completion

Strong financial and analytical skills with the ability to evaluate costs, margins, yields, and pricing

Understanding of food trends, consumer preferences, and category management

Strong critical thinking, problem-solving, organization, and time-management skills

Ability to manage multiple priorities in a fast-paced manufacturing environment

Strong communication and follow-up skills

Strong Microsoft Excel and Microsoft Office skills

Ability to work on-site in Hicksville, NY