New Product Developer at Engen

Purpose of the Job

• To develop and deliver new products on renewables, specialities, chemicals and intermediates in line with Chemicals and Special Products vision and objectives for sustainable growth and increased overall profitability.

What you'll have done before
Baseline

• NQF Level 7 (Diploma in Chemistry/ Chemical Engineering or equivalent)
• 6 years’ experience in Product Development within Chemical industry

What you will be doing
NEW PRODUCT DEVELOPMENT 

•     Conduct secondary research to identify new product trends, opportunities & market developments to deliver on future growth and profitability plan. 
•     Identify, analyze and interpret customers, markets and global trends to establish a new product development plan that delivers strategic innovation in line with Chemicals and Special Products vision and growth targets also in line with the PETRONAS MFT 50.30.0 targets
•     Develop new products based on Chemicals and Special Products stage gate process to ensure are delivered in line with agreed product development plan.
•     Plan and execute new product introduction launches with relevant stakeholders
•     Secure sources of supply for new products and ensure proper controls in place to mitigate business risks
•     Conduct research on industry trends on factors driving product demand, pricing impacts and competitor operations
•     Implement the product development process and integration of various roles and functions within selected sales stream to ensure that product ranges are delivered in line with agreed product development plan. 

FINANCIAL MANAGEMENT 

•     Determine project forecast for year ahead and manage budget with agreed LOA’s and ensure accurate budget indicators are available
•     Manage cost control processes and report on budget variances and authorise expenditure within LOA

STAKEHOLDER MANAGEMENT  

•     Ensure that related SLA's are in place and adhered to and ensure engagement with internal customers and stakeholders on service/delivery needs as per determines timelines
•     Manage and drive partnerships relationships/meet with new suppliers
•     Develop and influence suppliers to sign long-term contracts to support long-term strategy for Chemicals 
•     Provide technical support & training to sales team and customers on new products and ensure integrity of relevant SAP data in PM module

PRODUCT STEWARDSHIP 

•     Evaluate new individual product lifecycles for cost effectiveness and ensure new product introduction, modification and deletion of obsolete products/products to be replaced is carried out as part of PLCM system requirements   
•     Ensure product costing is monitored and controlled and prepare product forecast                                                                                                                                                                                                

CUSTOMER & MARKET KNOWLEDGE ANALYSIS

•     Interpret customer, industry and market needs, price perception, value perception and satisfaction through analyzing data, customer research & market trends, industry networking, and filter this through to a product strategy that results in portfolio growth and that profit targets are met