Life Pharmacy - Product Manager - Private Label - Pharma / Beauty / Nutrition

Job Purpose To lead and manage the end-to-end development of private label products within the category assigned in alignment with business objectives of quality, cost efficiency, brand positioning, and launch timelines. Experience in Pharma, Beauty, Skin care, Sports Nutrition or similar categories desirable. Key Responsibilities Product Development & Project Management Identify, evaluate, and develop new private label products aligned with category strategies. Ensure product design, packaging, and regulatory compliance. Coordinate cross-functionally with finance, regulatory, QC, legal, and supply chain teams. Track and deliver launches as per agreed timelines. Vendor Development & Sourcing Identify, evaluate, and onboard new manufacturers. Negotiate pricing, MOQs, lead times, and terms. Develop alternative supplier base for risk mitigation and cost leverage. Cost Management & Optimization Drive product cost savings through sourcing, formulation efficiencies, and packaging innovations. Compliance & Quality Assurance Ensure all products meet regulatory and quality standards. Liaise with internal/external teams for audits and testing requirements. Packaging Development Lead packaging development for all private label products in collaboration with suppliers, packaging designers, and regulatory teams. Ensure that packaging is cost-effective, sustainable, aligned with brand identity, and compliant with legal and regulatory guidelines. Drive innovation in materials and formats to improve shelf appeal and functionality. Product Lifecycle Management Monitor product performance, manage reformulations, relaunches, or rationalizations. Coordinate with marketing for website updating, support on technical information for any marketing activities. Market Research & Trend Tracking Conduct competitor benchmarking and consumer insight research. Identify market trends to guide innovation pipeline. KRA with Details Product Launches: Timely development and launch of new SKUs as per category roadmap. Cost Optimization: Achieve targeted cost savings through better sourcing and process improvements. Supplier Base Expansion: Onboard new compliant manufacturers across key categories. Quality & Compliance: Zero regulatory or quality compliance issues in launched SKUs. Innovation Pipeline: Number of innovative or first-to-market products introduced. Preferred Qualifications & Skills Bachelor's degree in Pharmacy, Life Sciences, or Business; MBA preferred. Min 5 years in product development or sourcing, preferably in FMCG, pharma, retail in Private label role. Strong project management and negotiation skills. Ability to manage multiple projects simultaneously under tight deadlines. ref : iimjobs.com) #J-18808-Ljbffr