Strategic Product Development
Full time New Hoong Fatt Holdings Berhad in Manufacturing ShortlistJob Description
Key Responsibilities
1. Product Development Support
- Assist in the execution of product development plans, ensuring alignment with market trends and business priorities.
- Participate in market research and analysis to identify new product opportunities and develop compelling product concepts.
- Support all stages of the product development lifecycle, including evaluation, design, testing, sourcing, launch, and post-launch review.
- Ensure new product development reports and records are accurate, comprehensive, and submitted on time.
- Contribute ideas and recommendations for continuous improvement and innovation in product offerings.
2. Market Intelligence & Analysis
- Compile and analyze car sales data in key markets to determine potential product development opportunities.
- Conduct feasibility studies and prepare reports for new product proposals for management review and approval.
- Maintain updated information on new car model launches in major markets (Middle East, China, and Asia).
- Gather and analyze OEM and competitor pricing, product availability, and market demand trends.
- Prepare periodic review and market analysis reports for management.
3. Cross-Functional Coordination
- Collaborate with R&D, Sales, Marketing, Operations, and Overseas Teams to ensure smooth product development and successful market introduction.
- Liaise with key personnel from Export Sales, Trading, and Overseas Operations to align development with market demand.
- Support project coordination, meeting follow-ups, and ensure assigned action items are completed as planned.
4. Sourcing & Documentation
- Assist in sourcing product components or related materials from overseas suppliers to support new product development.
- Maintain systematic and ISO-compliant documentation for mold, tooling, and product development activities.
- Ensure all developed items meet the company’s standards of right part, right cost, and market fit to maximize profitability.
