Head - Product Development & Innovation - Diamond Jewellery Manufacturing (10-15 yrs)

Head of Product Development & Innovation

About Our Client:

- They are one of the leading B2B diamond jewellery manufacturers catering to large retailers across India and international markets. Known for their exceptional craftsmanship, this premium brand specializes in creating exquisite fine jewelry that embodies timeless elegance and innovation. With a legacy of quality and attention to detail, they cater to a discerning clientele seeking luxury and sophistication.

Job Title: Head of Product Development & Innovation

Education: Bachelor's or Master's degree in Fashion, Management or related fields

Experience: 10 -15 years in product development, category expansion, and market-driven innovation

Reporting to: Managing Director

Location: Seepz, Andheri E, Mumbai (Work from office)

Preferred Industry: Luxury, fashion, accessories, handbags, footwear, or lifestyle (NOT Jewellery)

Working Days: Mon-Sat (17 Saturdays off annually)

About the Role:

- A leading name in the diamond jewelry industry, is looking for a Senior Product Development Head to drive innovation, category expansion, and sales-driven product strategies.

- This role requires an expert in market-driven product development, preferably from fashion, accessories, handbags, or footwear industries, who can introduce cutting-edge designs and new product lines to expand business reach.

- The ideal candidate will have a strategic mindset, a deep understanding of market trends, and the ability to track sales performance while leading a dynamic product development team.

Key Responsibilities:

Product Strategy & Development:

- Lead end-to-end product development for multiple categories within the diamond jewelry segment.

- Innovate new product lines by leveraging trends from fashion, accessories, and lifestyle industries.

- Collaborate with design, R&D, and manufacturing teams to develop unique and marketable collections.

- Maintain a strong focus on customer preferences, global trends, and competitive landscape.

Market Expansion & Business Growth:

- Develop strategies to expand business reach through product innovation and category diversification.

- Identify new market segments and growth opportunities in domestic & international markets.

- Work closely with marketing & sales teams to align product launches with consumer demand.

- Evaluate consumer buying patterns to optimize product offerings and enhance revenue streams.

Sales Performance & Data-Driven Decision Making:

- Track product-wise sales performance and adjust development strategies accordingly.

- Analyze sales data, consumer feedback, and competitive insights to refine future collections.

- Partner with retail & merchandising teams to ensure optimal pricing, demand planning, and inventory management.

Innovation & Trend Forecasting:

- Introduce cutting-edge designs and materials from other industries into the diamond jewelry market.

- Stay ahead of fashion, luxury, and lifestyle trends to create trendsetting collections.

- Explore sustainable and ethical product innovations in jewelry manufacturing.

Leadership & Cross-Functional Collaboration:

- Lead a high-performing product development team and drive creativity & efficiency.

- Collaborate with designers, suppliers, manufacturers, and marketing teams to ensure seamless execution of product launches.

- Develop strong relationships with industry influencers, suppliers, and global trend forecasters.

Key Skills & Requirements:

- Industry Expertise: Experience in fashion, accessories, handbags, footwear, or lifestyle products.

- Product Innovation: Ability to create, expand, and reposition product lines to match market demand.

- Sales-Driven Mindset: Strong grasp of sales analytics, category performance tracking, and consumer insights.

- Market Intelligence: Experience in trend forecasting, competitive analysis, and customer behavior studies.

- Leadership & Execution: Ability to lead teams, drive collaboration, and execute product strategies effectively.

- Global Perspective: Exposure to international fashion and luxury markets is a plus.