ABAbbott
Head NPI & Strategy
Mumbai ₹10-12 LPA Posted 30 Apr 2025
FULL TIME
Finance
Product Development
Nutrition
Npi
Supply Chain
+2 more
Job Description
- Drive consumer insight development and trend spotting, working with Marketing Insights to uncover competitively differentiated and superior product, package, and other innovation ideas tied directly to resolving a consumer need state.
- Builds value propositions translating to incremental financials opportunities with demonstrable consumer interest, addressing wider market and competitive landscape consideration.
- Ensure pipeline sufficiency by planning innovation building blocks, together with contingency, to meet India nutrition business objectives.
- Strategic prioritization of short term and longer term innovations to drive clarity on resource management, while balancing business needs
- Meet regularly with consumers and HCPs/KOLs
- Work with Regional and Affiliate teams to develop affiliate innovation pipeline strategy and initiatives and support affiliates for individual pipelines across the brands.
- Seamlessly drive projects through the stage - gate processes, with close partnerships with cross functional teams - key stakeholders include Area NPI and category teams, local category teams, Finance, Nutrition Science, Product Development, PPMO, Supply chain, Medical Affairs, Regulatory and Government Affairs teams for development.
- Pulls together PIERs (Project Initiations in the system) for new product innovations with clear scoping (product, market, SKUs) and P&Ls meeting relevant financial hurdles.
- Work with business teams within affiliate and PA to refine opportunity attractiveness for new innovation concepts, and build advocacy for projects to increase alignment, size, and scope.
- Work directly with regional and affiliate marketing as well as cross functional partners (Market Insights, R&D) to continually develop and execute portfolio strategy, meeting the long-term growth needs of the brands.
- Monitor industry trends and competitor activities to identify new opportunities for the company, Review competitors products and suppliers proposals to identify opportunities for new products or improvements to existing ones
- Own and run the monthly NPC and EE forums with Affiliate SLT and CFTs
- Drive Margin and Profitability improvement programs for the country and work with Trade and Supply Chain team to improve Gross and Distribution Margins.
- Oversee and drive the External engagement workstream to ensure business is adequately envisaging potential challenges/ risks in the eternal environment and discussion actions to mitigate them with implications on new product/ capability development