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Product Innovation Lead

2 weeks ago

Ras alKhaimah, Ra’s al Khaymah, United Arab Emirates NicheHR Global Full time

NicheHR Global seeks an innovative Product Innovation Lead to drive research initiatives, manage procurement processes, and develop new products.

Main Responsibilities:
  1. Research and Development:
  • Develop and execute R&D project plans, ensuring successful outcomes and quality delivery.
  • Collaborate with teams to design and develop new products.
  • Analyze market trends and technologies to inform R&D strategies.
  • Present project findings and recommendations to senior management.
Procurement Strategies:
  • Design and implement effective procurement strategies to support R&D activities.
  • Evaluate and select suppliers based on quality, cost, and reliability.
  • Negotiate contracts and agreements with suppliers to secure best value.
  • Monitor inventory levels and coordinate with suppliers for timely material delivery.
Vendor Partnerships:
  • Foster strong relationships with suppliers and vendors.
  • Conduct regular performance reviews and audits of suppliers.
  • Address any issues or discrepancies with suppliers promptly.
Budget and Cost Management:
  • Develop and manage budgets for R&D and procurement activities.
  • Identify opportunities to reduce costs without compromising quality.
  • Track and report spending and budget variances.
Compliance and Governance:
  • Ensure all procurement activities comply with company policies and regulations.
  • Maintain accurate records of procurement transactions and contracts.
  • Prepare documentation for audits and compliance reviews.