Head NPI & Strategy
Abbott
5 - 10 years
Mumbai
Posted: 05/02/2025
Job Description
JOB DESCRIPTION:
PRIMARY FUNCTION / PRIMARY GOALS / OBJECTIVES:
Responsible for managing India innovation pipeline including: insight generation, market and product scoping, financial valuations, claims and science story development and validation amongst consumers and health care professionals, contingency planning, and commercial project lead through stage-gate processes for key Abbott Nutrition brands in India – Similac, Pediasure, Ensure, Glucerna and Therapeutic Nutrition Portfolio
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
Management responsibilities:
Team : 2
Primary responsibilities (act as lead with full accountability)
· Responsible to drive insights & ideation as well as concept and claims development.
· Stringent vetting of claims, concepts and science stories amongst target consumers and health care professionals through qualitative and quantitative studies, for proven potential.
· Pull together PIERs with full scoping, financial and cross functional assessment for new projects.
· Timely delivery of key deliverables across the stage gate process for all key initiatives.
· Creation and updation of the NPI Pipeline for every key brand
· Develop business case for new product launch and/or product revival
· Deliver the Perfect Punch for NPI / Launches through robust plans:
· Delivery of NPI financials committed. On time launch of committed NPIs
· Contribution of new products to overall sales
Experience Details
10+ Years
- Has a strong grasp of core marketing concepts and successful track record of their application.
- Strong analytical skills including business and financial management.
- A demonstrated leader; able to drive urgency for progress in self and others needing little direct supervision.
- Experienced in handling complex projects in a matrix organization with demonstrated ability to collaborate with cross-functional teams to attain business objectives.
- Experience in an international/multi-national corporation, working in global/area/local marketing team, and with R&D, Agencies, and other key cross-functional teams.
- Strong oral and written communication skills.
- More than 10 years of progressively responsible product marketing, brand management, or/and innovation/product launch experience in either health care marketing and/or consumer packaged goods marketing.
The base pay for this position is
N/AIn specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Corporate Planning
DIVISION:
ANI International Nutrition
LOCATION:
India > Mumbai : BKC Building
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Not specified
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day)
About Company
Abbott is a global healthcare company developing medical devices, diagnostic tools, nutritional products, and medicines. It focuses on improving health outcomes across areas like heart disease, diabetes, and infectious diseases, with a strong emphasis on research and innovation.
Services you might be interested in
One-Shot Campaign
Reach out to ideal employees in one shot!
The intelligent campaign for reaching out to the ideal audience to whom you can ask for help (guidance or referral).